Consolidated Balance Sheets - USD ($)	Jun. 30, 2015	Jun. 30, 2014
Current assets:
Cash and cash equivalents	$ 18,551,000	$ 19,512,000
Accounts receivable – less allowance for doubtful accounts of $20 at June 30, 2015 and $94 at June 30, 2014	9,895,000	6,835,000
Inventories, net	12,564,000	12,840,000
Deferred income taxes	367,000	344,000
Income tax receivable	316,000	228,000
Prepaids and other current assets	1,907,000	1,144,000
Total current assets	43,600,000	40,903,000
Property and equipment, net	7,633,000	8,811,000
Deferred income taxes	1,663,000	1,593,000
Other noncurrent assets, net	920,000	951,000
Total assets	53,816,000	52,258,000
Current liabilities:
Accounts payable	4,647,000	6,418,000
Accrued liabilities	2,495,000	1,565,000
Accrued compensation and employee benefits	1,462,000	1,238,000
Income taxes payable	489,000	379,000
Total current liabilities	9,093,000	9,600,000
Long-term pension liability	439,000	183,000
Deferred rent	403,000	$ 37,000
Other noncurrent liabilities, net	21,000
Total liabilities	$ 9,956,000	$ 9,820,000
Commitments and contingencies
Stockholders’ equity:
Preferred stock; $.01 par value; 500,000 shares authorized; none issued or outstanding	$ 0	$ 0
Common stock; $.01 par value; 20,000,000 shares authorized at June 30, 2015 and June 30, 2014, issued and outstanding (net of treasury shares) 6,743,093 at June 30, 2015 and 6,997,754 at June 30, 2014	75,000	74,000
Additional paid-in capital	20,258,000	19,865,000
Accumulated other comprehensive loss	(766,000)	(469,000)
Retained earnings	29,007,000	25,661,000
Treasury stock, at cost, 875,584 shares at June 30, 2015 and 515,923 at June 30, 2014	(4,714,000)	(2,693,000)
Total stockholders’ equity	43,860,000	42,438,000
Total liabilities and stockholders’ equity	$ 53,816,000	$ 52,258,000