Consolidated Balance Sheets - USD ($) $ in Thousands	Jun. 30, 2020	Jun. 30, 2019
Current assets:
Cash and cash equivalents	$ 30,478	$ 25,040
Accounts receivable – less allowance for doubtful accounts of $3,240 at June 30, 2020 and $25 at June 30, 2019	17,001	15,964
Inventories, net	27,972	26,003
Income tax receivable	848	901
Forward contracts	450	1,978
Prepaids and other current assets	2,275	1,500
Total current assets	79,024	71,386
Property and equipment, net	21,523	21,085
Operating lease right-of-use assets	18,354
Deferred tax asset – noncurrent	196
Other noncurrent assets, net	1,106	1,019
Total assets	120,203	93,490
Current liabilities:
Accounts payable	12,509	8,634
Accrued liabilities	1,627	2,782
Accrued compensation and employee benefits	2,660	1,615
Income taxes payable	1,010	1,219
Line of credit - current	10,000
Total current liabilities	27,806	14,250
Long-term liability – Operating leases	18,782
Noncurrent forward contracts	195
Long-term pension liability	696	246
Deferred rent		543
Income taxes payable, noncurrent	1,349	1,349
Deferred income taxes		(1,018)
Total liabilities	48,828	17,406
Commitments and contingencies (Notes H, J and M)
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, 2020 and June 30, 2019, issued and outstanding (net of treasury shares) 6,752,372 at June 30, 2020 and 7,225,072 at June 30, 2019	87	87
Additional paid-in capital	27,992	26,280
Retained earnings	56,181	57,380
Treasury stock, at cost, 2,104,305 shares at June 30, 2020 and 1,626,605 at June 30, 2019	(11,702)	(7,955)
Accumulated other comprehensive (loss) income	(1,183)	292
Total stockholders’ equity	71,375	76,084
Total liabilities and stockholders’ equity	$ 120,203	$ 93,490