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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
9 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Building [Member]    
Non-cash items included in net income    
(Gain) on disposition of building $ (343,000)
Net income $ 8,054,000 3,508,000
Depreciation and amortization 4,903,000 4,728,000
Deferred income taxes (126,000) (584,000)
Deferred compensation plan 328,000 62,000
Stock or Unit Option Plan Expense 2,542,000 1,153,000
Issuance of common shares as compensation 168,000 144,000
(Gain) on disposition of fixed assets $ (87,000) (2,000)
Loss on sale of subsidiary 565,000
Allowance for doubtful accounts $ 162,000 268,000
Inventory obsolescence reserve 1,351,000 1,093,000
Changes in certain assets and liabilities:    
Accounts receivable 5,588,000 6,579,000
Inventories (4,440,000) 901,000
Refundable income taxes (531,000) 1,885,000
Accounts payable (3,176,000) (1,884,000)
Accrued expenses and other 812,000 4,340,000
Customer prepayments (310,000) (625,000)
Net cash flows provided by operating activities 15,238,000 21,788,000
Cash Flows from Investing Activities    
Purchases of property, plant and equipment $ (8,410,000) (3,439,000)
Proceeds from sale of subsidiary, net of cash sold 1,494,000
Proceeds from sale of fixed assets $ 124,000 953,000
Net cash flows (used in) investing activities 8,286,000 992,000
Cash Flows from Financing Activities    
Cash dividends paid (2,959,000) (2,172,000)
Exercise of stock options 3,604,000 401,000
Purchase of treasury shares (317,000) (165,000)
Issuance of treasury shares 90,000 93,000
Net cash flows provided by (used in) financing activities 418,000 (1,843,000)
Increase in cash and cash equivalents 7,370,000 18,953,000
Cash and cash equivalents at beginning of period 26,409,000 9,013,000
Cash and cash equivalents at end of period $ 33,779,000 $ 27,966,000