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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Cash flows from operating activities    
Net income $ 2,167 $ 5,701
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 2,222 1,711
Deferred income taxes 306
Non-cash sales discount 653
Non-cash compensation 925 729
Pension expense, net of contributions (97) 149
Gain on disposal of assets (9) (23)
Changes in operating assets and liabilities:    
Accounts receivable and notes receivable, net (2,971) 5,298
Inventories, net (10,056) 4,802
Prepaids and other assets (308) 450
Accounts payable and accrued liabilities 8,674 (8,579)
Accrued compensation and employee benefits (577) (1,813)
Forward contracts 715 (268)
Income taxes 3,045 (291)
Net cash provided by operating activities 4,689 7,866
Cash flows from investing activities    
Purchases of property and equipment (2,937) (4,332)
Proceeds from sale of property and equipment 28 24
Issuance of notes receivable (1,500)
Net cash used in investing activities (4,409) (4,308)
Cash flows from financing activities    
Repurchase of common stock (505) (712)
Net cash used in financing activities (505) (712)
Net (decrease) increase in cash and cash equivalents (225) 2,846
Cash and cash equivalents at beginning of period 27,843 19,747
Cash and cash equivalents at end of period 27,618 22,593
Supplemental disclosures of cash flow information    
Interest 6
Taxes 1,578 2,761
Disclosure of non-cash activities:    
Change in unrealized (loss) gain resulting from change in fair value of derivative instruments, net of tax $ (1,550) $ 401