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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Cash flows from operating activities    
Net income $ 96 $ 2,559
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 972 792
Non-cash sales discount 245
Non-cash compensation 433 409
Pension expense, net of contributions 12
Gain on disposal of assets (1)
Changes in operating assets and liabilities:    
Accounts receivable, net 2,211 1,888
Inventories, net 1,159 (1,405)
Operating lease right-of-use assets and liabilities, net (94)
Prepaids and other assets (692) (993)
Accounts payable and accrued liabilities 779 471
Accrued compensation and employee benefits (298) 114
Income taxes 27 655
Net cash provided by operating activities 4,593 4,746
Cash flows from investing activities    
Purchases of property and equipment (1,118) (796)
Proceeds from sale of property and equipment 19
Net cash used in investing activities (1,118) (777)
Cash flows from financing activities    
Repurchase of common stock (15) (6)
Issuance of common stock 37
Net cash (used in) provided by financing activities (15) 31
Net increase in cash and cash equivalents 3,460 4,000
Cash and cash equivalents at beginning of period 25,040 23,613
Cash and cash equivalents at end of period 28,500 27,613
Supplemental disclosures of cash flow information    
Interest 4 3
Taxes 7
Disclosure of non-cash activities:    
Unrealized gain resulting from change in fair value of derivative instruments, net of tax $ 387 $ 383