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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Cash flows from operating activities    
Net income $ 1,434 $ 2,490
Adjustments to reconcile net income to net cash provided by (used in) operating activities:    
Depreciation and amortization 717 458
Non-cash sales discount 163
Non-cash compensation 301 250
Pension expense 51 50
Loss (gain) on disposal of assets 1 (19)
Changes in operating assets and liabilities:    
Accounts receivable, net (799) 649
Inventories, net (5,267) (2,545)
Prepaids and other assets (389) 71
Accounts payable and accrued liabilities 5,773 (875)
Accrued compensation and employee benefits (604) (1,131)
Forward contracts 441 (36)
Income taxes 492 514
Net cash provided by (used in) operating activities 2,314 (124)
Cash flows from investing activities    
Purchases of property and equipment (956) (1,716)
Proceeds from sale of property and equipment 5 19
Issuance of notes receivable (1,500)
Net cash used in investing activities (2,451) (1,697)
Cash flows from financing activities    
Repurchase of common stock (79)
Net cash used in financing activities (79)
Net decrease in cash and cash equivalents (137) (1,900)
Cash and cash equivalents at beginning of period 27,843 19,747
Cash and cash equivalents at end of period 27,706 17,847
Supplemental disclosures of cash flow information    
Interest
Taxes 76 593
Disclosure of non-cash activities:    
Change in unrealized loss resulting from change in fair value of derivative instruments, net of tax $ (1,134) $ (390)