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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2020
Jun. 30, 2019
Current assets    
Cash and cash equivalents $ 3,517 $ 966
Accounts receivable, less allowance for doubtful accounts of $273 and $879, respectively 37,836 54,728
Inventories 38,752 43,512
Refundable income tax 2,776 882
Asset held for sale 7,512
Other current assets 2,977 3,380
Total current assets 85,858 110,980
Property, Plant and Equipment, at cost    
Land 3,933 4,576
Buildings 20,638 27,015
Machinery and equipment 67,796 73,185
Buildings under finance leases 2,033
Construction in progress 440 455
Property, Plant, and Equipment and Finance Lease Right-of-Use Asset, before Accumulated Depreciation and Amortization 94,840 105,231
Less accumulated depreciation (68,305) (73,255)
Net property, plant and equipment 26,535 31,976
Goodwill 10,373 10,373
Other Intangible Assets, net 29,960 32,647
Total operating right-of-use assets 8,663
Other Long-Term Assets, net 10,874 15,124
Total assets 172,263 201,100
LIABILITIES & SHAREHOLDERS' EQUITY    
Accounts payable 14,216 18,664
Accrued expenses 20,433 21,211
Total current liabilities 34,649 39,875
Long-Term Debt 39,541
Finance Lease Liabilities 1,755
Operating Lease Liabilities 9,021
Other Long-Term Liabilities 1,138 1,747
Commitments and Contingencies (Note 13)
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 26,286,009 and 25,967,275 shares, respectively 127,713 125,729
Treasury shares, without par value (1,121) (1,468)
Deferred compensation plan 1,121 1,468
Retained (loss) (1,920) (5,808)
Accumulated other comprehensive (loss) income (93) 16
Total shareholders' equity 125,700 119,937
Total liabilities & shareholders' equity $ 172,263 $ 201,100