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Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
Sep. 30, 2016
Jun. 30, 2016
Current assets:    
Cash and cash equivalents $ 17,847,000 $ 19,747,000
Accounts receivable - less allowance for doubtful accounts of $28 at September 30, 2016 and $45 at June 30, 2016 12,568,000 13,217,000
Inventories, net 23,313,000 20,768,000
Income tax receivable 14,000 14,000
Prepaids and other current assets 1,872,000 2,136,000
Total current assets 55,614,000 55,882,000
Property and equipment, net 16,425,000 15,167,000
Deferred income taxes 2,227,000 2,227,000
Other noncurrent assets, net 841,000 899,000
Total assets 75,107,000 74,175,000
Current liabilities:    
Accounts payable 11,993,000 12,821,000
Accrued liabilities 2,504,000 2,242,000
Accrued compensation and employee benefits 1,670,000 2,802,000
Income taxes payable 1,634,000 1,340,000
Total current liabilities 17,801,000 19,205,000
Other noncurrent liabilities, net 808,000 758,000
Deferred rent 501,000 486,000
Total liabilities 19,110,000 20,449,000
Commitments and contingencies
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) 6,872,591 at September 30, 2016 and 6,868,628 at June 30, 2016 77,000 77,000
Additional paid-in capital 21,388,000 21,138,000
Accumulated other comprehensive (loss) (1,070,000) (680,000)
Retained earnings 41,043,000 38,553,000
Treasury stock, at cost, 964,086 shares at September 30, 2016 and 958,049 June 30, 2016 (5,441,000) (5,362,000)
Total stockholders’ equity 55,997,000 53,726,000
Total liabilities and stockholders’ equity $ 75,107,000 $ 74,175,000