Condensed Consolidated Balance Sheets (Unaudited) - USD ($) $ in Thousands	Mar. 31, 2016	Jun. 30, 2015
Current Assets
Cash and cash equivalents	$ 33,779	$ 26,409
Accounts receivable, less allowance for doubtful accounts of $326 and $317, respectively	37,890	43,661
Inventories	46,193	43,083
Refundable income taxes	630	99
Other current assets	6,590	7,562
Total current assets	125,082	120,814
Land	6,982	6,952
Buildings	38,614	37,706
Machinery and equipment	80,032	76,383
Construction in progress	3,108	588
	128,736	121,629
Less accumulated depreciation	(81,488)	(78,441)
Net property, plant and equipment	47,248	43,188
Goodwill	10,508	10,508
Other Intangible Assets, net	5,713	6,092
Other Long-Term Assets, net	1,711	1,777
Total assets	190,262	182,379
Current Liabilities
Accounts payable	11,756	14,721
Accrued expenses	21,687	22,126
Total current liabilities	33,443	36,847
Other Long-Term Liabilities	$ 2,365	$ 2,580
Shareholders’ Equity
Preferred shares, without par value; Authorized 1,000,000 shares, none issued
Common shares, without par value; Authorized 40,000,000 shares; Outstanding 24,902,319 and 24,392,938 shares, respectively	$ 112,768	$ 106,353
Retained earnings	41,686	36,599
Total shareholders’ equity	154,454	142,952
Total liabilities & shareholders’ equity	$ 190,262	$ 182,379

The aggregate of amounts due from customers or clients, within one year of the balance sheet date (or one operating cycle, if longer), for goods or services that have been delivered or sold in the normal course of business and an amount representing an agreement for an unconditional promise by the maker to pay the entity (holder) a definite sum of money at a future date within one year of the balance sheet, reduced to their estimated net realizable fair value by an allowance established by the entity of the amount it deems uncertain of collection and net of any write-downs taken for collection uncertainty on the part of the holder, respectively.

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Namespace Prefix:	us-gaap_
Data Type:	xbrli:monetaryItemType
Balance Type:	debit
Period Type:	instant

- Definition

Carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).