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Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2020
Jun. 30, 2020
Current assets:    
Cash and cash equivalents $ 27,366 $ 30,478
Accounts receivable - less allowance for doubtful accounts of $3,229 at September 30, 2020 and $3,240 at June 30, 2020 19,168 17,001
Inventories, net 35,165 27,972
Income tax receivable 1,458 848
Forward contracts 450
Prepaids and other current assets 3,253 2,275
Total current assets 86,410 79,024
Property and equipment, net 22,039 21,523
Operating lease right-of-use assets 17,696 18,354
Deferred tax asset – noncurrent 1,004 196
Other noncurrent assets, net 1,407 1,106
Total assets 128,556 120,203
Current liabilities:    
Accounts payable 17,769 12,509
Accrued liabilities 3,014 1,627
Accrued compensation and employee benefits 2,207 2,660
Forward Contracts 2,507
Income taxes payable 1,636 1,010
Lines of credit – current 10,000 10,000
Total current liabilities 37,133 27,806
Long-term liability – operating leases 18,330 18,782
Noncurrent forward contracts 195
Long-term pension liability 712 696
Income taxes payable, noncurrent 1,250 1,349
Total liabilities 57,425 48,828
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) 6,516,290 at September 30, 2020 and 6,752,372 at June 30, 2020 87 87
Additional paid-in capital 28,353 27,992
Retained earnings 58,439 56,181
Treasury stock, at cost, 2,340,387 shares at September 30, 2020 and 2,104,305 June 30, 2020 (13,445) (11,702)
Accumulated other comprehensive loss (2,303) (1,183)
Total stockholders’ equity 71,131 71,375
Total liabilities and stockholders’ equity $ 128,556 $ 120,203