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Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
Mar. 31, 2016
Jun. 30, 2015
Current assets:    
Cash and cash equivalents $ 16,304,000 $ 18,551,000
Accounts receivable - less allowance for doubtful accounts of $26 at March 31, 2016 and $20 at June 30, 2015 12,368,000 9,895,000
Inventories, net 19,728,000 12,564,000
Deferred income taxes 367,000 367,000
Income tax receivable 310,000 316,000
Prepaids and other current assets 1,614,000 1,907,000
Total current assets 50,691,000 43,600,000
Property and equipment, net 12,076,000 7,633,000
Deferred income taxes 1,410,000 1,663,000
Other noncurrent assets, net 916,000 920,000
Total assets 65,093,000 53,816,000
Current liabilities:    
Accounts payable 9,061,000 4,647,000
Accrued liabilities 1,940,000 2,495,000
Accrued compensation and employee benefits 2,050,000 1,462,000
Income taxes payable 1,147,000 489,000
Total current liabilities 14,198,000 9,093,000
Deferred rent 471,000 $ 403,000
Deferred tax liability 392,000
Other noncurrent liabilities, net 477,000 $ 460,000
Total liabilities 15,538,000 9,956,000
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) 6,868,627 at March 31, 2016 and 6,743,093 at June 30, 2015 76,000 75,000
Additional paid-in capital 20,695,000 20,258,000
Accumulated other comprehensive loss (965,000) (766,000)
Retained earnings 35,111,000 29,007,000
Treasury stock, at cost, 958,050 shares at March 31, 2016 and 875,584 at June 30, 2015 (5,362,000) (4,714,000)
Total stockholders’ equity 49,555,000 43,860,000
Total liabilities and stockholders’ equity $ 65,093,000 $ 53,816,000