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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Jun. 30, 2016
Jun. 30, 2015
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income $ 5,773 $ 4,845
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 1,420 1,570
Charge to obsolescence reserve (455) (472)
Provision for doubtful accounts (30) 66
Deferred income taxes 375 230
Non-cash stock based compensation expense 103 101
Changes in operating assets and liabilities:    
Accounts receivable (988) (1,156)
Inventories 1,988 (1,388)
Prepaid expenses and other current assets 110 (57)
Income tax receivable 0 121
Other assets 0 6
Accounts payable, accrued expenses, accrued salaries and wages, accrued income taxes 864 21
Net Cash Provided by Operating Activities 9,160 3,887
CASH FLOWS FROM INVESTING ACTIVITIES    
Purchases of property, plant, and equipment (693) (730)
Net Cash Used in Investing Activities (693) (730)
CASH FLOWS FROM FINANCING ACTIVITIES    
Principal payments on long-term debt (5,900) (1,600)
Proceeds from long-term debt 0 500
Cash paid for purchase of treasury stock (1,108) (2,194)
Net Cash Used in Financing Activities (7,008) (3,294)
Net Change in Cash and Cash Equivalents 1,459 (137)
CASH AND CASH EQUIVALENTS - Beginning 2,346 2,483
CASH AND CASH EQUIVALENTS - Ending 3,805 2,346
SUPPLEMENTAL CASH FLOW INFORMATION    
Interest paid, net 184 215
Income taxes paid 0 29
Surrender of Common Shares $ 54 $ 0