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Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Dec. 31, 2018
Jun. 30, 2018
Current assets:    
Cash and cash equivalents $ 30,265 $ 23,613
Accounts receivable - less allowance for doubtful accounts of $43 at December 31, 2018 and $49 at June 30, 2018 13,535 14,621
Note receivable 1,500
Inventories, net 23,475 23,567
Prepaids and other current assets 3,873 1,882
Total current assets 71,148 65,183
Property and equipment, net 20,337 19,290
Other noncurrent assets, net 1,345 734
Total assets 92,830 85,207
Current liabilities:    
Accounts payable 9,664 9,649
Accrued liabilities 1,686 2,346
Accrued compensation and employee benefits 1,878 1,498
Income taxes payable 1,396 787
Total current liabilities 14,624 14,280
Income taxes payable, noncurrent 1,546 1,546
Deferred income taxes (906) (532)
Other long-term liabilities 624 601
Total liabilities 17,700 16,959
Commitments and contingencies (Note K)
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) 7,528,922 at December 31, 2018 and 7,558,408 at June 30, 2018 85 85
Additional paid-in capital 25,823 24,486
Retained earnings 55,579 50,839
Treasury stock, at cost, 1,142,755 shares at December 31, 2018 and 1,098,268 June 30, 2018 (7,014) (6,584)
Accumulated other comprehensive gain/(loss) 657 (578)
Total stockholders’ equity 75,130 68,248
Total liabilities and stockholders’ equity $ 92,830 $ 85,207