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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Dec. 31, 2016
Dec. 31, 2015
CASH FLOWS FROM OPERATING ACTIVITIES    
Net Income $ 1,425 $ 1,291
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 649 688
Provision for doubtful accounts 0 (85)
Deferred income taxes 184 (121)
Stock based compensation expense 98 92
Changes in operating assets and liabilities:    
Accounts receivable 2,745 2,440
Inventories (2,369) 413
Prepaid expenses and other current assets 80 70
Other assets 0 (22)
Accounts payable, accrued expenses and accrued income taxes 148 (1,472)
Net Cash Provided by Operating Activities 2,960 3,294
CASH FLOWS FROM INVESTING ACTIVITIES    
Purchases of property, plant, and equipment (580) (271)
Net Cash Used in Investing Activities (580) (271)
CASH FLOWS FROM FINANCING ACTIVITIES    
Principal payments on long-term debt (2,450) (2,800)
Proceeds from stock option exercise 49 0
Cash paid for purchase of treasury stock 0 (688)
Net Cash Used in Financing Activities (2,401) (3,488)
Net (Decrease) in Cash and Cash Equivalents (21) (465)
CASH AND CASH EQUIVALENTS - Beginning 3,805 2,346
CASH AND CASH EQUIVALENTS - Ending 3,784 1,881
SUPPLEMENTAL CASH FLOW INFORMATION    
Interest paid, net 49 98
Income taxes paid 53 0
NON-CASH FINANCING ACTIVITIES:    
Shares surrendered and held in treasury for common stock options exercised 0 54
Shares surrendered and cancelled for shares for common stock options exercised $ 44 $ 0