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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Cash flows from operating activities    
Net income $ 3,256 $ 2,258
Adjustments to reconcile net income to net cash provided by (used in) operating activities:    
Provision for uncollectible accounts receivable 67 0
Depreciation and amortization 1,092 963
Non-cash compensation 222 361
Non-cash lease expenses 725 206
Deferred income taxes 0 (469)
Pension expense, net of contributions 9 16
Gain on disposal of assets (6) 0
Changes in operating assets and liabilities:    
Accounts receivable, net (2,366) (2,167)
Inventories, net (4,703) (7,193)
Prepaids and other assets (101) (1,167)
Accounts payable and accrued liabilities 343 6,647
Forward contracts (1,126) 1,191
Accrued compensation and employee benefits (1,894) (453)
Operating lease liabilities (804) 0
Income taxes 1,510 (83)
Net cash (used in) provided by operating activities (3,776) 110
Cash flows from investing activities    
Proceeds from sale of property and equipment 25 0
Purchases of property and equipment (18,344) (1,479)
Net cash used in investing activities (18,319) (1,479)
Cash flows from financing activities    
Borrowings on long-term debt 10,000 0
Repurchase of common stock (10) (1,743)
Net cash provided by (used in) financing activities 9,990 (1,743)
Net decrease in cash and cash equivalents (12,105) (3,112)
Cash and cash equivalents at beginning of period 32,133 30,478
Cash and cash equivalents at end of period 20,028 27,366
Supplemental disclosures of cash flow information    
Interest 13 46
Taxes $ 303 $ 44