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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Cash flows from operating activities    
Net (loss) income $ (1,645) $ 6,541
Adjustments to reconcile net (loss) income to net cash provided by operating activities:    
Provision for uncollectible accounts receivable 3,282
Depreciation and amortization 3,959 3,465
Deferred income taxes (893) 212
Non-cash sales discount 82
Non-cash lease expenses 2,772
Non-cash compensation 1,712 1,672
Pension expense 27 60
Loss on disposal of assets 109 48
Changes in operating assets and liabilities:    
Accounts receivable (4,319) (1,343)
Inventories (1,969) (2,436)
Operating lease liabilities (2,467)
Prepaids and other assets (1,174) 308
Accounts payable and accrued liabilities 2,720 (491)
Forward contracts 688 (1,005)
Income taxes (156) (666)
Accrued compensation and employee benefits 1,045 117
Net cash provided by operating activities 3,691 6,564
Cash flows from investing activities    
Purchases of property and equipment (4,541) (5,327)
Proceeds from sale of property and equipment 35 19
Repayment of notes receivable 1,500
Net cash used in investing activities (4,506) (3,808)
Cash flows from financing activities    
Repurchase of common stock (3,747) (1,367)
Borrowing on lines of credit 10,000
Issuance of common stock 38
Net cash provided by (used in) financing activities 6,253 (1,329)
Net increase in cash and cash equivalents 5,438 1,427
Cash and cash equivalents at beginning of year 25,040 23,613
Cash and cash equivalents at end of year 30,478 25,040
Supplemental disclosures of cash flow information    
Taxes 993 1,973
Interest $ 66 $ 23