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CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Jun. 30, 2014
Jun. 30, 2013
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income $ 3,476 $ 3,021
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 1,740 1,974
Charge to obsolescence reserve (827) 354
Provision for doubtful accounts (40) 20
Deferred income taxes 424 244
Non-cash stock based compensation expense 76 0
Changes in operating assets and liabilities:    
Accounts receivable 1,347 (1,823)
Inventories (2,276) 1,021
Prepaid expenses and other current assets 230 (254)
Income tax receivable (57) (64)
Other assets 5 8
Accounts payable, accrued expenses, accrued salaries and wages, accrued income taxes 645 398
Net Cash Provided by Operating Activities 4,743 4,899
CASH FLOWS FROM INVESTING ACTIVITIES    
Purchases of property, plant, and equipment (753) (383)
Net Cash Used in Investing Activities (753) (383)
CASH FLOWS FROM FINANCING ACTIVITIES    
Principal payments on long-term debt (4,600) (3,857)
Cash paid for purchase of treasury stock (285) (435)
Proceeds from exercise of employee stock options 25 0
Tax benefit from stock option exercise 124 26
Net Cash Used in Financing Activities (4,736) (4,266)
Net Change in Cash and Cash Equivalents (746) 250
CASH AND CASH EQUIVALENTS - Beginning 3,229 2,979
CASH AND CASH EQUIVALENTS - Ending 2,483 3,229
SUPPLEMENTAL CASH FLOW INFORMATION    
Interest paid, net 312 543
Income taxes paid 24 31
Surrender of Common Shares $ 452 $ 1,257