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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
Sep. 30, 2017
Sep. 30, 2016
CASH FLOWS FROM OPERATING ACTIVITIES    
Net Income $ 890 $ 568
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 330 322
Provision for doubtful accounts 20 (5)
Deferred income taxes 160 40
Stock based compensation expense 33 33
Changes in operating assets and liabilities:    
Accounts receivable 2,509 1,706
Inventories (559) (467)
Prepaid expenses and other current assets 200 16
Other assets (30) (45)
Accounts payable, accrued expenses and accrued income taxes (2,052) (249)
Net Cash Provided by Operating Activities 1,501 1,919
CASH FLOWS FROM INVESTING ACTIVITIES    
Purchases of property, plant, and equipment (514) (134)
Net Cash Used in Investing Activities (514) (134)
CASH FLOWS FROM FINANCING ACTIVITIES    
Principal payments on long-term debt 0 (875)
Proceeds from stock option exercise 12 0
Net Cash Provided by (Used in) Financing Activities 12 (875)
Net Increase in Cash and Cash Equivalents 999 910
CASH AND CASH EQUIVALENTS - Beginning 3,454 3,805
CASH AND CASH EQUIVALENTS - Ending 4,453 4,715
SUPPLEMENTAL CASH FLOW INFORMATION    
Interest paid, net 21 29
Income taxes paid 184 53
Surrender of common shares $ 3 $ 0