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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2018
Jun. 30, 2017
CURRENT ASSETS    
Cash and cash equivalents $ 5,308 $ 3,454
Accounts receivable, net of allowance for doubtful accounts of $195 and $155 at June 30, 2018 and 2017, respectively, and other reserves 22,738 20,275
Inventories 24,533 26,212
Prepaid expenses and other current assets 1,124 1,330
Total Current Assets 53,703 51,271
Inventories - non-current 4,401 4,367
Deferred income taxes 564 644
Property, plant and equipment, net 6,791 6,543
Intangible assets, net 7,545 7,916
Other assets 265 121
TOTAL ASSETS 73,269 70,862
CURRENT LIABILITIES    
Accounts payable 4,807 5,653
Accrued expenses 2,112 2,209
Accrued salaries and wages 2,190 2,322
Accrued income taxes 293 289
Total Current Liabilities 9,402 10,473
Long-term debt, net of current maturities 0 3,500
Accrued income taxes 414 0
Total Liabilities 9,816 13,973
COMMITMENTS AND CONTINGENCIES
STOCKHOLDERS' EQUITY    
Common Stock, par value $0.01 per share; 40,000,000 shares authorized; 21,204,327 and 21,174,507 shares issued; and 18,729,082 and 18,844,657 shares outstanding, respectively 212 212
Additional paid-in capital 16,890 16,638
Retained earnings 59,420 51,771
Less: Treasury Stock, at cost (2,475,245 and 2,329,850 shares, respectively) (13,069) (11,732)
TOTAL STOCKHOLDERS' EQUITY 63,453 56,889
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 73,269 $ 70,862