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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2019
Jun. 30, 2018
CURRENT ASSETS    
Cash and cash equivalents $ 8,028 $ 5,308
Accounts receivable, net of allowance for doubtful accounts of $88 and $195 at June 30, 2019 and 2018, respectively, and other reserves 25,970 22,738
Inventories 29,576 24,533
Prepaid expenses and other current assets 1,881 1,124
Total Current Assets 65,455 53,703
Inventories - non-current 5,262 4,401
Deferred income taxes   564
Property, plant and equipment, net 7,694 6,791
Intangible assets, net 7,232 7,545
Other assets 265 265
TOTAL ASSETS 85,908 73,269
CURRENT LIABILITIES    
Accounts payable 5,135 4,807
Accrued expenses 6,273 2,112
Accrued salaries and wages 2,416 2,190
Accrued income taxes 548 293
Total Current Liabilities 14,372 9,402
Deferred income taxes 72 0
Accrued income taxes 292 414
Total Liabilities 14,736 9,816
COMMITMENTS AND CONTINGENCIES (Note 11)
STOCKHOLDERS' EQUITY    
Common Stock, par value $0.01 per share; 40,000,000 shares authorized; 21,227,094 and 21,204,327 shares issued; and 18,477,784 and 18,729,082 shares outstanding, respectively 212 212
Additional paid-in capital 17,103 16,890
Retained earnings 70,924 59,420
Less: Treasury Stock, at cost (2,749,310 and 2,475,245 shares, respectively) (17,067) (13,069)
TOTAL STOCKHOLDERS' EQUITY 71,172 63,453
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 85,908 $ 73,269