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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2018
Jun. 30, 2017
Current assets:    
Cash and cash equivalents $ 23,613 $ 27,843
Accounts receivable – less allowance for doubtful accounts of $49 at June 30, 2018 and $18 at June 30, 2017 14,621 8,410
Note Receivable 1,500
Inventories, net 23,567 13,729
Income tax receivable 261
Prepaids and other current assets 1,882 1,456
Total current assets 65,183 51,699
Property and equipment, net 19,290 18,136
Deferred income taxes 2,002
Other noncurrent assets, net 734 774
Total assets 85,207 72,611
Current liabilities:    
Accounts payable 9,649 5,116
Accrued liabilities 2,346 2,353
Accrued compensation and employee benefits 1,498 1,594
Income taxes payable 787 1,207
Total current liabilities 14,280 10,270
Long-term pension liability 45 557
Deferred rent 556 537
Forward contract, noncurrent 99
Income taxes payable, noncurrent 1,546
Deferred income taxes 532
Total liabilities 16,959 11,463
Commitments and contingencies (Notes I and L)
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 at June 30, 2018 and June 30, 2017, issued and outstanding (net of treasury shares) 7,558,408 at June 30, 2018 and 6,937,018 at June 30, 2017 85 79
Additional paid-in capital 24,486 22,260
Retained earnings 50,839 45,788
Treasury stock, at cost, 1,098,268 shares at June 30, 2018 and 1,044,659 at June 30, 2017 (6,584) (6,074)
Accumulated other comprehensive loss (578) (905)
Total stockholders’ equity 68,248 61,148
Total liabilities and stockholders’ equity $ 85,207 $ 72,611