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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Cash flows from operating activities    
Net income (loss) $ 7,806 $ (3,443)
Adjustments to reconcile net income to net cash provided by operating activities:    
(Recovery of) provision for uncollectible accounts receivable (111) 3,282
Depreciation and amortization 3,309 2,975
Non-cash compensation 1,032 1,351
Non-cash lease expenses 47 226
Deferred income taxes (469)
Loss on disposal of assets 6 118
Pension expense, net of contributions 61 21
Changes in operating assets and liabilities:    
Accounts receivable 230 303
Inventories, net (1,116) (108)
Prepaids and other assets (64) (748)
Accounts payable and accrued liabilities 4,081 1,656
Forward contracts 1,061 354
Accrued compensation and employee benefits 711 (307)
Income taxes (585) (516)
Net cash provided by operating activities 15,999 5,164
Cash flows from investing activities    
Purchases of property and equipment (4,251) (3,432)
Proceeds from sale of property and equipment 3 25
Net cash used in investing activities (4,248) (3,407)
Cash flows from financing activities    
Repurchase of common stock (4,140) (3,482)
(Payments) borrowings on lines of credit (10,000) 10,000
Net cash (used in) provided by financing activities (14,140) 6,518
Net (decrease) increase in cash and cash equivalents (2,389) 8,275
Cash and cash equivalents at beginning of period 30,478 25,040
Cash and cash equivalents at end of period 28,089 33,315
Supplemental disclosures of cash flow information    
Interest 123 16
Taxes $ 1,549 $ 370