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Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Dec. 31, 2016
Jun. 30, 2016
Current assets:    
Cash and cash equivalents $ 21,362 $ 19,747
Accounts receivable - less allowance for doubtful accounts of $15 at December 31, 2016 and $45 at June 30, 2016 9,838 13,217
Inventories, net 17,067 20,768
Income tax receivable 14 14
Prepaids and other current assets 3,985 2,136
Total current assets 52,266 55,882
Property and equipment, net 17,469 15,167
Deferred income taxes 2,227 2,227
Other noncurrent assets, net 832 899
Total assets 72,794 74,175
Current liabilities:    
Accounts payable 6,291 12,821
Accrued liabilities 2,021 2,242
Accrued compensation and employee benefits 1,076 2,802
Income taxes payable 2,076 1,340
Total current liabilities 11,464 19,205
Other noncurrent liabilities, net 858 758
Deferred rent 516 486
Total liabilities 12,838 20,449
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) 6,872,224 at December 31, 2016 and 6,868,628 at June 30, 2016 77 77
Additional paid-in capital 21,644 21,138
Accumulated other comprehensive (loss) 172 (680)
Retained earnings 43,509 38,553
Treasury stock, at cost, 964,453 shares at December 31, 2016 and 958,049 June 30, 2016 (5,446) (5,362)
Total stockholders’ equity 59,956 53,726
Total liabilities and stockholders’ equity $ 72,794 $ 74,175