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Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Dec. 31, 2020
Jun. 30, 2020
Current assets:    
Cash and cash equivalents $ 28,629 $ 30,478
Accounts receivable - less allowance for doubtful accounts of $3,185 at December 31, 2020 and $3,240 at June 30, 2020 17,062 17,001
Inventories, net 34,466 27,972
Income tax receivable 200 848
Forward contracts 450
Prepaids and other current assets 3,060 2,275
Total current assets 83,417 79,024
Property and equipment, net 22,409 21,523
Operating lease right-of-use assets 17,034 18,354
Deferred tax asset – noncurrent 1,262 196
Other noncurrent assets, net 1,397 1,106
Total assets 125,519 120,203
Current liabilities:    
Accounts payable 12,377 12,509
Accrued liabilities 2,809 1,627
Accrued compensation and employee benefits 2,330 2,660
Forward contracts 3,184
Income taxes payable 1,988 1,010
Lines of credit – current 10,000 10,000
Total current liabilities 32,688 27,806
Long-term liability – operating leases 17,956 18,782
Noncurrent forward contracts 403 195
Long-term pension liability 734 696
Income taxes payable, noncurrent 1,250 1,349
Total liabilities 53,031 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) 6,363,865 at December 31, 2020 and 6,752,372 at June 30, 2020 88 87
Additional paid-in capital 28,689 27,992
Retained earnings 62,071 56,181
Treasury stock, at cost, 2,523,254 shares at December 31, 2020 and 2,104,305 June 30, 2020 (15,203) (11,702)
Accumulated other comprehensive loss (3,157) (1,183)
Total stockholders’ equity 72,488 71,375
Total liabilities and stockholders’ equity $ 125,519 $ 120,203