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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2016
Jun. 30, 2015
CURRENT ASSETS    
Cash and cash equivalents $ 3,805 $ 2,346
Accounts receivable, net of reserves and allowances 19,012 17,994
Inventories 21,428 22,757
Prepaid expenses and other current assets 936 1,046
Deferred income taxes 703 880
Total Current Assets 45,884 45,023
Inventories - non-current 3,909 4,113
Deferred income taxes 436 634
Property, plant and equipment, net 6,049 6,234
Intangible assets, net 8,357 8,886
Other assets 134 147
TOTAL ASSETS 64,769 65,037
CURRENT LIABILITIES    
Current maturities of long term debt 300 1,600
Accounts payable 4,328 3,954
Accrued expenses 1,893 1,624
Accrued salaries and wages 2,467 2,250
Accrued income taxes 8 5
Total Current Liabilities 8,996 9,433
Long-term debt, net of current maturities 4,500 9,100
Total Liabilities 13,496 18,533
COMMITMENTS AND CONTINGENCIES
STOCKHOLDERS' EQUITY    
Common Stock, par value $0.01 per share; 40,000,000 shares authorized; 21,116,743 and 21,049,243 shares issued; and 18,786,893 and 18,966,028 shares outstanding, respectively 211 210
Additional paid-in capital 16,622 16,133
Retained earnings 46,172 40,399
Stockholders' Equity before Treasury Stock, Total 63,005 56,742
Less: Treasury Stock, at cost (2,329,850 and 2,083,215 shares, respectively) (11,732) (10,238)
TOTAL STOCKHOLDERS' EQUITY 51,273 46,504
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 64,769 $ 65,037