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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Dec. 31, 2015
Dec. 31, 2014
CASH FLOWS FROM OPERATING ACTIVITIES    
Net Income $ 1,291 $ 1,110
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 688 750
Provision for doubtful accounts (85) (20)
Deferred income taxes (121) (2)
Stock based compensation expense 92 101
Changes in operating assets and liabilities:    
Accounts receivable 2,440 1,572
Inventories 413 (1,083)
Prepaid expenses and other current assets 70 (64)
Income tax receivable 0 76
Other assets (22) 5
Accounts payable, accrued expenses and accrued income taxes (1,472) (705)
Net Cash Provided by Operating Activities 3,294 1,740
CASH FLOWS FROM INVESTING ACTIVITIES    
Purchases of property, plant, and equipment (271) (323)
Net Cash Used in Investing Activities (271) (323)
CASH FLOWS FROM FINANCING ACTIVITIES    
Principal payments on long-term debt (2,800) (800)
Cash paid for purchase of treasury stock (688) (1,390)
Net Cash Used in Financing Activities (3,488) (2,190)
Net (Decrease) in Cash and Cash Equivalents (465) (773)
CASH AND CASH EQUIVALENTS - Beginning 2,346 2,483
CASH AND CASH EQUIVALENTS - Ending 1,881 1,710
SUPPLEMENTAL CASH FLOW INFORMATION    
Interest paid, net 98 110
Income taxes paid 0 30
NON-CASH FINANCING ACTIVITIES:    
Shares surrendered and held in treasury for common stock options exercised 54 0
Shares surrendered and cancelled for shares for common stock options exercised $ 0 $ 0