XML 31 R2.htm IDEA: XBRL DOCUMENT v3.3.0.814
Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
Sep. 30, 2015
Jun. 30, 2015
Current assets:    
Cash and cash equivalents $ 16,440,000 $ 18,551,000
Accounts receivable - less allowance for doubtful accounts of $16 at September 30, 2015 and $20 at June 30, 2015 9,367,000 9,895,000
Inventories, net 18,786,000 12,564,000
Deferred income taxes 367,000 367,000
Income tax receivable 72,000 316,000
Prepaids and other current assets 2,046,000 1,907,000
Total current assets 47,078,000 43,600,000
Property and equipment, net 7,044,000 7,633,000
Deferred income taxes 1,663,000 1,663,000
Other noncurrent assets, net 889,000 920,000
Total assets 56,674,000 53,816,000
Current liabilities:    
Accounts payable 5,644,000 4,647,000
Accrued liabilities 2,847,000 2,495,000
Accrued compensation and employee benefits 1,250,000 1,462,000
Income taxes payable 1,006,000 489,000
Total current liabilities 10,747,000 9,093,000
Other noncurrent liabilities, net 452,000 460,000
Deferred rent 425,000 403,000
Total liabilities $ 11,624,000 $ 9,956,000
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; issued and outstanding (net of treasury shares) 6,713,831 at September 30, 2015 and 6,743,093 at June 30, 2015 75,000 75,000
Additional paid-in capital 20,363,000 20,258,000
Accumulated other comprehensive (loss) (722,000) (766,000)
Retained earnings 30,220,000 29,007,000
Treasury stock, at cost, 904,846 shares at September 30, 2015 and 875,584 June 30, 2015 (4,886,000) (4,714,000)
Total stockholders’ equity 45,050,000 43,860,000
Total liabilities and stockholders’ equity $ 56,674,000 $ 53,816,000