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Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
Dec. 31, 2017
Jun. 30, 2017
Assets    
Cash and cash equivalents $ 28,843,000 $ 27,843,000
Accounts receivable - less allowance for doubtful accounts of $14 at December 31, 2017 and $18 at June 30, 2017 12,895,000 8,410,000
Notes receivable 1,500,000
Inventories, net 17,879,000 13,729,000
Income tax receivable 261,000
Prepaids and other current assets 1,585,000 1,456,000
Total current assets 62,702,000 51,699,000
Property and equipment, net 18,733,000 18,136,000
Deferred income taxes 2,443,000 2,002,000
Other noncurrent assets, net 709,000 774,000
Total assets 84,587,000 72,611,000
Liabilities and Stockholders’ Equity    
Accounts payable 12,182,000 5,116,000
Accrued liabilities 2,215,000 1,931,000
Accrued compensation and employee benefits 1,089,000 1,594,000
Forward contract 2,088,000 422,000
Income taxes payable 1,636,000 1,207,000
Total current liabilities 19,210,000 10,270,000
Long-term pension liability 409,000 557,000
Deferred rent 551,000 537,000
Forward contract, noncurrent 609,000 99,000
Income taxes payable, noncurrent 2,950,000
Total liabilities 23,729,000 11,463,000
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) 7,429,020 at December 31, 2017 and 6,937,018 at June 30, 2017 84,000 79,000
Additional paid-in capital 23,266,000 22,260,000
Retained earnings 45,904,000 45,788,000
Treasury stock, at cost, 1,052,657 shares at December 31, 2017 and 1,044,659 June 30, 2017 (6,160,000) (6,074,000)
Accumulated other comprehensive loss (2,236,000) (905,000)
Total stockholders’ equity 60,858,000 61,148,000
Total liabilities and stockholders’ equity $ 84,587,000 $ 72,611,000