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Consolidated Statements of Cash Flows - USD ($)
12 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Cash flows from operating activities    
Net income $ 9,546,000 $ 3,346,000
Adjustments to reconcile net income to net cash provided by operating activities:    
Provision for uncollectible accounts receivable 9,000 7,000
Depreciation and amortization 1,772,000 2,431,000
Non-cash equipment impairment charge 0 417,000
Deferred income taxes (197,000) (93,000)
Non-cash compensation 724,000 390,000
Pension expense 106,000 31,000
Gain on disposal of assets (1,866,000) (62,000)
Changes in operating assets and liabilities:    
Accounts receivable (3,331,000) (3,067,000)
Inventories (8,204,000) 276,000
Prepaids and other assets 131,000 (875,000)
Accounts payable and accrued liabilities 7,983,000 (520,000)
Income taxes 1,272,000 173,000
Accrued compensation and employee benefits 1,340,000 224,000
Net cash provided by operating activities 9,285,000 2,678,000
Cash flows from investing activities    
Purchases of property and equipment (10,441,000) (1,708,000)
Proceeds from sale of property and equipment 3,000,000 90,000
Net cash used in investing activities (7,441,000) (1,618,000)
Cash flows from financing activities    
Repurchase of common stock (648,000) (2,021,000)
Net cash used in financing activities (648,000) (2,021,000)
Net increase (decrease) in cash and cash equivalents 1,196,000 (961,000)
Cash and cash equivalents at beginning of year 18,551,000 19,512,000
Cash and cash equivalents at end of year 19,747,000 18,551,000
Supplemental disclosures of cash flow information    
Taxes 3,359,000 888,000
Interest 10,000
Disclosure of non-cash activities:    
Change in minimum pension liability, net of tax 132,000 141,000
Change in unrealized (loss) gain resulting from change in fair value of derivative instruments, net of tax $ (218,000) $ 156,000