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Consolidated Statements of Cash Flows - USD ($)
12 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2015
Cash Flows From Operating Activities      
Net income $ 3,000,000 $ 9,482,000 $ 5,151,000
Non-cash items included in net income      
Depreciation and amortization 8,262,000 6,677,000 6,331,000
Intangible asset impairment 479,000
Deferred income taxes (779,000) (1,117,000) (226,000)
Deferred compensation plan 237,000 151,000 (761,000)
Stock based compensation expense 3,049,000 2,903,000 1,239,000
Issuance of common shares as compensation 409,000 248,000 191,000
(Gain) on disposition of building (1,361,000) (343,000)
Loss (gain) on disposition of fixed assets 484,000 (1,000) 9,000
Loss on sale of subsidiary 565,000
Allowance for doubtful accounts 349,000 55,000 220,000
Inventory obsolescence reserve 2,088,000 1,726,000 1,493,000
Change in certain assets and liabilities, net of acquisition      
Accounts receivable 4,948,000 (3,369,000) (1,631,000)
Inventories 535,000 (2,784,000) 1,000
Refundable income taxes (775,000) 99,000 1,815,000
Accounts payable 2,278,000 (1,130,000) 910,000
Accrued expenses and other (2,180,000) 5,116,000 6,115,000
Customer prepayments 9,000 (271,000) (149,000)
Net cash flows provided by operating activities 21,032,000 17,785,000 20,930,000
Cash Flows From Investing Activities      
Purchases of property, plant, and equipment (6,633,000) (10,211,000) (4,754,000)
Acquisition of business, net of cash received and warrants issued (95,077,000)
Proceeds from sale of subsidiary, net of cash sold 1,494,000
Proceeds from sale of fixed assets 3,095,000 68,000 1,006,000
Net cash flows (used in) investing activities (98,615,000) (10,143,000) (2,254,000)
Cash Flows From Financing Activities      
Payments of long-term debt (41,282,000)
Borrowings of long-term debt 90,781,000
Cash dividends paid (5,048,000) (4,214,000) (2,900,000)
Purchase of treasury shares (494,000) (363,000) (205,000)
Issuance of treasury shares 218,000 340,000 975,000
Exercise of stock options 2,612,000 4,021,000 850,000
Net cash flows provided by (used in) financing activities 46,787,000 (216,000) (1,280,000)
(Decrease) Increase in cash and cash equivalents (30,796,000) 7,426,000 17,396,000
Cash and cash equivalents at beginning of year 33,835,000 26,409,000 9,013,000
Cash and cash equivalents at end of year $ 3,039,000 $ 33,835,000 $ 26,409,000