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Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Dec. 31, 2019
Jun. 30, 2019
Current assets:    
Cash and cash equivalents $ 26,900 $ 25,040
Accounts receivable - less allowance for doubtful accounts of $0 at December 31, 2019 and $25 at June 30, 2019 14,227 15,964
Inventories, net 22,650 26,003
Income tax receivable 1,180 901
Forward contracts 1,636 1,978
Prepaids and other current assets 1,929 1,500
Total current assets 68,522 71,386
Property and equipment, net 20,613 21,085
Operating lease right-of-use assets 19,523
Other noncurrent assets, net 863 1,019
Total assets 109,521 93,490
Current liabilities:    
Accounts payable 5,437 8,634
Accrued liabilities 3,292 2,782
Accrued compensation and employee benefits 882 1,615
Income taxes payable 1,591 1,219
Total current liabilities 11,202 14,250
Long-term liability – Operating leases 19,742
Long-term pension liability 255 246
Deferred rent 543
Income taxes payable, noncurrent 1,349 1,349
Deferred income taxes (853) (1,018)
Total liabilities 33,401 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) 7,055,404 at December 31, 2019 and 7,225,072 at June 30, 2019 87 87
Additional paid-in capital 27,172 26,280
Retained earnings 58,500 57,380
Treasury stock, at cost, 1,801,273 shares at December 31, 2019 and 1,626,605 June 30, 2019 (9,287) (7,955)
Accumulated other comprehensive (loss) gain (352) 292
Total stockholders’ equity 76,120 76,084
Total liabilities and stockholders’ equity $ 109,521 $ 93,490