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Consolidated Balance Sheets - USD ($)
Jun. 30, 2016
Jun. 30, 2015
Current assets:    
Cash and cash equivalents $ 19,747,000 $ 18,551,000
Accounts receivable – less allowance for doubtful accounts of $45 at June 30, 2016 and $20 at June 30, 2015 13,217,000 9,895,000
Inventories, net 20,768,000 12,564,000
Deferred income taxes 367,000
Income tax receivable 14,000 316,000
Prepaids and other current assets 2,136,000 1,907,000
Total current assets 55,882,000 43,600,000
Property and equipment, net 15,167,000 7,633,000
Deferred income taxes 2,227,000 1,663,000
Other noncurrent assets, net 899,000 920,000
Total assets 74,175,000 53,816,000
Current liabilities:    
Accounts payable 12,821,000 4,647,000
Accrued liabilities 2,242,000 2,495,000
Accrued compensation and employee benefits 2,802,000 1,462,000
Income taxes payable 1,340,000 489,000
Total current liabilities 19,205,000 9,093,000
Long-term pension liability 758,000 439,000
Deferred rent 486,000 403,000
Other noncurrent liabilities, net 21,000
Total liabilities 20,449,000 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 at June 30, 2016 and June 30, 2015, issued and outstanding (net of treasury shares) 6,868,628 at June 30, 2016 and 6,743,093 at June 30, 2015 77,000 75,000
Additional paid-in capital 21,138,000 20,258,000
Accumulated other comprehensive loss (680,000) (766,000)
Retained earnings 38,553,000 29,007,000
Treasury stock, at cost, 958,049 shares at June 30, 2016 and 875,584 at June 30, 2015 (5,362,000) (4,714,000)
Total stockholders’ equity 53,726,000 43,860,000
Total liabilities and stockholders’ equity $ 74,175,000 $ 53,816,000