XML 17 R5.htm IDEA: XBRL DOCUMENT v3.3.1.900
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Cash flows from operating activities    
Net income $ 3,081 $ 1,568
Adjustments to reconcile net income to net cash provided by operating activities:    
Increase in provision for uncollectible accounts receivable 7
Depreciation and amortization $ 944 1,217
Stock-based compensation 280 167
Pension expense 25 25
(Gain) loss on disposal of assets (232) 6
Changes in operating assets and liabilities:    
Accounts receivable 2,322 2,126
Inventories, net (5,657) 231
Prepaids and other assets 880 (262)
Accounts payable and accrued liabilities 2,078 (3,096)
Income taxes 1,262 76
Accrued compensation and employee benefits 146 (94)
Net cash provided by operating activities 5,129 1,971
Cash flows from investing activities    
Capital expenditures (1,410) (925)
Proceeds from sale of property and equipment 568 1
Net cash used in investing activities (842) (924)
Cash flows from financing activities    
Repurchase of common stock (212) (442)
Net cash used in financing activities (212) (442)
Net increase in cash and cash equivalents 4,075 605
Cash and cash equivalents at beginning of period 18,551 19,512
Cash and cash equivalents at end of period $ 22,626 20,117
Supplemental disclosures of cash flow information    
Interest 10
Taxes $ 468 430
Disclosure of non-cash activities:    
Change in unrealized gain resulting from change in fair value of derivative instruments, net of tax $ 274 $ 740