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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2017
Jun. 30, 2016
CURRENT ASSETS    
Cash and cash equivalents $ 3,454 $ 3,805
Accounts receivable, net of allowance for doubtful accounts of $155 and $145 at June 30, 2017 and 2016, respectively, and other reserves 20,275 19,012
Inventories 26,212 21,428
Prepaid expenses and other current assets 1,330 936
Deferred income taxes 0 703
Total Current Assets 51,271 45,884
Inventories - non-current 4,367 3,909
Deferred income taxes 644 436
Property, plant and equipment, net 6,543 6,049
Intangible assets, net 7,916 8,357
Other assets 121 134
TOTAL ASSETS 70,862 64,769
CURRENT LIABILITIES    
Current maturities of long term debt 0 300
Accounts payable 5,653 4,328
Accrued expenses 2,209 1,893
Accrued salaries and wages 2,322 2,467
Accrued income taxes 289 8
Total Current Liabilities 10,473 8,996
Long-term debt, net of current maturities 3,500 4,500
Total Liabilities 13,973 13,496
COMMITMENTS AND CONTINGENCIES
STOCKHOLDERS' EQUITY    
Common Stock, par value $0.01 per share; 40,000,000 shares authorized; 21,174,507 and 21,116,743 shares issued; and 18,844,657 and 18,786,893 shares outstanding, respectively 212 211
Additional paid-in capital 16,638 16,622
Retained earnings 51,771 46,172
Stockholders' Equity before Treasury Stock, Total 68,621 63,005
Less: Treasury Stock, at cost (2,329,850 and 2,329,850 shares, respectively) (11,732) (11,732)
TOTAL STOCKHOLDERS' EQUITY 56,889 51,273
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 70,862 $ 64,769