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Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2017
Jun. 30, 2016
Current assets:    
Cash and cash equivalents $ 22,593 $ 19,747
Accounts receivable - less allowance for doubtful accounts of $21 at March 31, 2017 and $45 at June 30, 2016 7,919 13,217
Inventories, net 15,966 20,768
Income tax receivable 14 14
Prepaids and other current assets 2,699 2,136
Total current assets 49,191 55,882
Property and equipment, net 17,788 15,167
Deferred income taxes 2,227 2,227
Other noncurrent assets, net 781 899
Total assets 69,987 74,175
Current liabilities:    
Accounts payable 4,073 12,821
Accrued liabilities 2,367 2,242
Accrued compensation and employee benefits 989 2,802
Income taxes payable 1,207 1,340
Total current liabilities 8,636 19,205
Other noncurrent liabilities, net 908 758
Deferred rent 530 486
Total liabilities 10,074 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) 6,933,352 at March 31, 2017 and 6,868,628 at June 30, 2016 79 77
Additional paid-in capital 21,933 21,138
Accumulated other comprehensive loss (279) (680)
Retained earnings 44,254 38,553
Treasury stock, at cost, 1,043,325 shares at March 31, 2017 and 958,049 at June 30, 2016 (6,074) (5,362)
Total stockholders’ equity 59,913 53,726
Total liabilities and stockholders’ equity $ 69,987 $ 74,175