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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Cash flows from operating activities    
Net income $ 5,051 $ 7,235
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 2,908 2,384
Deferred income taxes 2,393 349
Non-cash sales discount 898
Non-cash compensation 1,334 1,032
Pension expense, net of contributions (363) 244
Gain on disposal of assets (9) (24)
Changes in operating assets and liabilities:    
Accounts receivable (6,211) 4,807
Inventories (9,838) 7,039
Prepaids and other assets (386) 580
Accounts payable and accrued liabilities 4,444 (8,013)
Forward contracts 321
Income taxes 1,387 (288)
Accrued compensation and employee benefits (96) (1,208)
Net cash provided by operating activities 1,833 14,137
Cash flows from investing activities    
Purchases of property and equipment (4,081) (5,354)
Proceeds from sale of property and equipment 28 25
Issuance of notes receivable (1,500)
Net cash used in investing activities (5,553) (5,329)
Cash flows from financing activities    
Repurchase of common stock (510) (712)
Net cash used in financing activities (510) (712)
Net (decrease) increase in cash and cash equivalents (4,230) 8,096
Cash and cash equivalents at beginning of year 27,843 19,747
Cash and cash equivalents at end of year 23,613 27,843
Supplemental disclosures of cash flow information    
Taxes 1,818 2,889
Interest 9
Disclosure of non-cash activities:    
Change in minimum pension liability, net of tax 104 284
Change in unrealized gain (loss) resulting from change in fair value of derivative instruments, net of tax $ 223 $ (509)