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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Cash flows from operating activities    
Net income $ 4,740 $ 116
Adjustments to reconcile net income to net cash provided by (used in) operating activities:    
Depreciation and amortization 1,597 1,479
Deferred income taxes   306
Non-cash sales discount 490 408
Non-cash compensation 809 603
Pension expense, net of contributions 25 (148)
Gain on disposal of assets (1) (2)
Changes in operating assets and liabilities:    
Accounts receivable, net 1,086 (4,485)
Inventories, net 92 (4,150)
Prepaids and other assets (1,094) (64)
Accounts payable and accrued liabilities (546) 6,942
Accrued compensation and employee benefits 380 (505)
Forward contracts 520
Income taxes 609 3,640
Net cash provided by operating activities 8,187 4,660
Cash flows from investing activities    
Purchases of property and equipment (2,662) (2,095)
Proceeds from sale of property and equipment 19 21
Issuance of notes receivable (1,500)
Proceeds from collection of notes receivable 1,500
Net cash used in investing activities (1,143) (3,574)
Cash flows from financing activities    
Repurchase of common stock (430) (86)
Issuance of common stock 38
Net cash provided by financing activities (392) (86)
Net increase in cash and cash equivalents 6,652 1,000
Cash and cash equivalents at beginning of period 23,613 27,843
Cash and cash equivalents at end of period 30,265 28,843
Supplemental disclosures of cash flow information    
Interest 7
Taxes 733 422
Disclosure of non-cash activities:    
Unrealized gain (loss) resulting from change in fair value of derivative instruments, net of tax $ 1,235 $ (1,331)