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CONSOLIDATED BALANCE SHEETS (USD $)
In Thousands, unless otherwise specified
Jun. 30, 2013
Jun. 30, 2012
ASSETS    
Cash and cash equivalents $ 3,229 $ 2,979
Accounts receivable, net of reserves and allowances 18,211 16,408
Inventories 18,471 19,448
Prepaid expenses and other current assets 1,219 964
Income tax receivable 64  
Deferred income taxes 642 650
Total Current Assets 41,836 40,449
Inventories - non-current 3,436 3,834
Deferred income taxes 1,526 1,762
Property, plant and equipment, net 6,586 7,247
Intangible assets, net 10,334 11,251
Other assets 185 207
TOTAL ASSETS 63,903 64,750
LIABILITIES AND STOCKHOLDERS' EQUITY    
Current maturities of long term debt 1,600 1,600
Accounts payable 3,318 3,163
Accrued expenses 2,093 1,814
Accrued salaries and wages 1,604 1,589
Accrued income taxes   78
Total Current Liabilities 8,615 8,244
Long-term debt, net of current maturities 14,800 18,657
Accrued income taxes 153 126
Total Liabilities 23,568 27,027
COMMITMENTS AND CONTINGENCIES      
STOCKHOLDERS' EQUITY    
Common Stock, par value $0.01 per share; 40,000,000 shares authorized; 20,796,813 and 20,095,713 shares issued; and 19,296,335 and 19,095,713 shares outstanding, respectively 208 201
Additional paid-in capital 15,356 14,080
Retained earnings 32,078 29,057
Stockholders' Equity before Treasury Stock, Total 47,642 43,338
Less: Treasury Stock, at cost (1,500,478 and 1,000,000 shares, respectively) (7,307) (5,615)
TOTAL STOCKHOLDERS' EQUITY 40,335 37,723
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 63,903 $ 64,750