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Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2019
Jun. 30, 2019
Current assets:    
Cash and cash equivalents $ 28,500 $ 25,040
Accounts receivable - less allowance for doubtful accounts of $60 at September 30, 2019 and $25 at June 30, 2019 13,753 15,964
Inventories, net 24,844 26,003
Income tax receivable 1,079 901
Forward contracts 3,122 1,978
Prepaids and other current assets 1,749 1,500
Total current assets 73,047 71,386
Property and equipment, net 21,231 21,085
Operating lease right-of-use assets 20,145
Other noncurrent assets, net 814 1,019
Total assets 115,237 93,490
Current liabilities:    
Accounts payable 9,774 8,634
Accrued liabilities 2,421 2,782
Accrued compensation and employee benefits 1,317 1,615
Income taxes payable 1,424 1,219
Total current liabilities 14,936 14,250
Long-term liability – Operating leases 20,174
Long-term pension liability 246 246
Deferred rent 543
Income taxes payable, noncurrent 1,349 1,349
Deferred income taxes (1,127) (1,018)
Total liabilities 37,832 17,406
Commitments and contingencies (Note 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; issued and outstanding (net of treasury shares) 7,208,355 at September 30, 2019 and 7,225,072 at June 30, 2019 87 87
Additional paid-in capital 26,713 26,280
Retained earnings 58,024 57,380
Treasury stock, at cost, 1,643,322 shares at September 30, 2019 and 1,626,605 June 30, 2019 (7,970) (7,955)
Accumulated other comprehensive gain 551 292
Total stockholders’ equity 77,405 76,084
Total liabilities and stockholders’ equity $ 115,237 $ 93,490