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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2021
Jun. 30, 2020
Current assets:    
Cash and cash equivalents $ 32,133 $ 30,478
Accounts receivable – less allowance for doubtful accounts of $3,527 at June 30, 2021 and $3,240 at June 30, 2020 17,946 17,001
Inventories, net 27,006 27,972
Income tax receivable 1,095 848
Forward contracts 450
Prepaids and other current assets 2,168 2,275
Total current assets 80,348 79,024
Property and equipment, net 22,271 21,523
Operating lease right-of-use assets 15,877 18,354
Deferred tax asset – noncurrent 214 196
Other noncurrent assets, net 1,571 1,106
Total assets 120,281 120,203
Current liabilities:    
Accounts payable 11,893 12,509
Accrued liabilities 2,441 1,565
Accrued compensation and employee benefits 4,584 2,660
Customer deposits 1,721 62
Income taxes payable 619 1,010
Forward contracts 814
Line of credit 10,000
Total current liabilities 22,072 27,806
Long-term liability – operating leases 16,481 18,782
Noncurrent forward contracts 4 195
Long-term pension liability 391 696
Income taxes payable, noncurrent 1,250 1,349
Total liabilities 40,198 48,828
Commitments and contingencies (Notes H, J and M)
Stockholders’ equity:    
Preferred stock; $.01 par value; 500,000 shares authorized; none issued or outstanding
Common stock; $.01 par value; 20,000,000 shares authorized at June 30, 2021 and June 30, 2020, issued and outstanding (net of treasury shares) 6,436,568 at June 30, 2021 and 6,752,372 at June 30, 2020 88 87
Additional paid-in capital 29,456 27,992
Retained earnings 66,949 56,181
Treasury stock, at cost, 2,567,797 shares at June 30, 2021 and 2,104,305 at June 30, 2020 (15,849) (11,702)
Accumulated other comprehensive loss (561) (1,183)
Total stockholders’ equity 80,083 71,375
Total liabilities and stockholders’ equity $ 120,281 $ 120,203