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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Cash flows from operating activities    
Net income $ 6,104 $ 2,356
Adjustments to reconcile net income to net cash provided by operating activities:    
Increase in provision for uncollectible accounts receivable 7
Depreciation and amortization $ 1,364 1,838
Stock-based compensation 463 259
Pension expense 38 37
(Gain) loss on disposal of assets (1,848) $ (6)
Deferred taxes 645
Changes in operating assets and liabilities:    
Accounts receivable (2,473) $ (1,119)
Inventories, net (7,164) 1,138
Prepaids and other assets 380 (1,201)
Accounts payable and accrued liabilities 3,514 (1,392)
Income taxes 749 58
Accrued compensation and employee benefits 588 255
Net cash provided by operating activities 2,360 2,230
Cash flows from investing activities    
Capital expenditures (6,959) (1,362)
Proceeds from sale of property and equipment 3,000 13
Net cash used in investing activities (3,959) (1,349)
Cash flows from financing activities    
Repurchase of common stock (648) (975)
Net cash used in financing activities (648) (975)
Net increase in cash and cash equivalents (2,247) (94)
Cash and cash equivalents at beginning of period 18,551 19,512
Cash and cash equivalents at end of period $ 16,304 19,418
Supplemental disclosures of cash flow information    
Interest 10
Taxes $ 1,929 744
Disclosure of non-cash activities:    
Change in unrealized gain resulting from change in fair value of derivative instruments, net of tax $ (199) $ 779