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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Cash flows from operating activities    
Net income $ 5,890 $ 572
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 2,148 1,966
Non-cash compensation 698 892
Non-cash lease expenses 494 96
Deferred income taxes (469)
(Gain) loss on disposal of assets (3) 122
Pension expense, net of contributions 38 9
Changes in operating assets and liabilities:    
Accounts receivable, net (61) 1,737
Inventories, net (6,494) 3,353
Prepaids and other assets (1,075) (602)
Accounts payable and accrued liabilities 1,050 (2,687)
Forward contracts 1,270 (10)
Accrued compensation and employee benefits (330) (733)
Income taxes 1,527 93
Net cash provided by operating activities 4,683 4,808
Cash flows from investing activities    
Purchases of property and equipment (3,034) (1,633)
Proceeds from sale of property and equipment 3 17
Net cash used in investing activities (3,031) (1,616)
Cash flows from financing activities    
Repurchase of common stock (3,501) (1,332)
Net cash used in financing activities (3,501) (1,332)
Net (decrease) increase in cash and cash equivalents (1,849) 1,860
Cash and cash equivalents at beginning of period 30,478 25,040
Cash and cash equivalents at end of period 28,629 26,900
Supplemental disclosures of cash flow information    
Interest 91 11
Taxes $ 263 $ 18