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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2019
Jun. 30, 2018
Current assets:    
Cash and cash equivalents $ 25,040 $ 23,613
Accounts receivable – less allowance for doubtful accounts of $25 at June 30, 2019 and $49 at June 30, 2018 15,964 14,621
Note receivable 1,500
Inventories, net 26,003 23,567
Income tax receivable 901
Forward contracts 1,978 55
Prepaids and other current assets 1,500 1,827
Total current assets 71,386 65,183
Property and equipment, net 21,085 19,290
Other noncurrent assets, net 1,019 734
Total assets 93,490 85,207
Current liabilities:    
Accounts payable 8,634 9,649
Accrued liabilities 2,782 2,346
Accrued compensation and employee benefits 1,615 1,498
Income taxes payable 1,219 787
Total current liabilities 14,250 14,280
Long-term pension liability 246 45
Deferred rent 543 556
Income taxes payable, noncurrent 1,349 1,546
Deferred income taxes (1,018) (532)
Total liabilities 17,406 16,959
Commitments and contingencies (Notes G, 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, 2019 and June 30, 2018, issued and outstanding (net of treasury shares) 7,225,072 at June 30, 2019 and 7,558,409 at June 30, 2018 87 85
Additional paid-in capital 26,280 24,486
Retained earnings 57,380 50,839
Treasury stock, at cost, 1,626,605 shares at June 30, 2019 and 1,098,268 at June 30, 2018 (7,955) (6,584)
Accumulated other comprehensive income (loss) 292 (578)
Total stockholders’ equity 76,084 68,248
Total liabilities and stockholders’ equity $ 93,490 $ 85,207