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Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2019
Jun. 30, 2018
Current Assets    
Cash and cash equivalents $ 1,686 $ 3,178
Accounts receivable, less allowance for doubtful accounts of $568 and $409, respectively 52,137 50,609
Inventories 51,621 50,994
Refundable income tax 1,461 1,784
Other current assets 4,155 3,516
Total current assets 111,060 110,081
Property, Plant and Equipment, at cost    
Land 6,770 6,470
Buildings 35,618 35,961
Machinery and equipment 76,677 77,108
Construction in progress 1,311 1,340
120,376 120,879
Less accumulated depreciation (80,258) (77,176)
Net property, plant and equipment 40,118 43,703
Goodwill 10,373 30,538
Other Intangible Assets, net 33,337 35,409
Other Long-Term Assets, net 13,807 9,786
Total assets 208,695 229,517
LIABILITIES & SHAREHOLDERS’ EQUITY    
Accounts payable 20,631 17,927
Accrued expenses 22,169 24,272
Total current liabilities 42,800 42,199
Long-Term Debt 43,812 45,360
Other Long-Term Liabilities 1,844 2,707
Commitments and Contingencies (Note 11)
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 25,894,306 and 25,641,913 shares, respectively 125,577 124,104
Treasury shares, without par value (1,629) (2,110)
Deferred compensation plan 1,659 2,133
Retained (loss) earnings (5,368) 15,124
Total shareholders’ equity 120,239 139,251
Total liabilities & shareholders’ equity $ 208,695 $ 229,517