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Condensed Consolidated Statements of Cash Flows (Unaudited) (USD $)
9 Months Ended
Mar. 31, 2013
Mar. 31, 2012
Cash Flows from Operating Activities    
Net income (loss) $ (935,000) $ 1,719,000
Depreciation and amortization 5,414,000 5,852,000
Goodwill impairments 2,413,000 258,000
Deferred income taxes 57,000 134,000
Deferred compensation plan 121,000 92,000
Stock option expense 740,000 317,000
Issuance of common shares as compensation 44,000 36,000
(Gain)/Loss on disposition of fixed assets (5,000) 9,000
Allowance for doubtful accounts (41,000) (473,000)
Inventory obsolescence reserve 1,811,000 515,000
Accounts receivable 5,747,000 8,312,000
Inventories (1,965,000) 7,788,000
Refundable income taxes (1,458,000) 1,470,000
Accounts payable (364,000) 1,787,000
Accrued expenses and other 187,000 (2,406,000)
Customer prepayments (241,000) (96,000)
Net cash flows provided by operating activities 11,525,000 25,314,000
Cash Flows from Investing Activities    
Purchases of property, plant and equipment (5,677,000) (2,546,000)
Proceeds from sale of fixed assets 39,000 3,000
Acquisition of business, net of cash received   (2,973,000)
Net cash flows (used in) investing activities (5,638,000) (5,516,000)
Cash Flows from Financing Activities    
Payment of long-term debt   (1,099,000)
Cash dividends paid (7,207,000) (4,087,000)
Exercise of stock options 47,025 10,420
Purchase of treasury shares (157,000) (144,000)
Issuance of treasury shares 25,000 13,000
Net cash flows (used in) financing activities (7,292,000) (5,307,000)
Increase (decrease) in cash and cash equivalents (1,405,000) 14,491,000
Cash and cash equivalents at beginning of period 15,255,000 4,056,000
Cash and cash equivalents at end of period $ 13,850,000 $ 18,547,000