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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Cash flows from operating activities    
Net income $ 5,103 $ 5,890
Adjustments to reconcile net income to net cash provided by (used in) operating activities:    
Provision for uncollectible accounts receivable 116 0
Depreciation and amortization 2,155 2,148
Non-cash compensation 467 698
Non-cash lease expenses 1,621 2,137
Deferred income taxes 0 (469)
Pension expense, net of contributions 17 38
Gain on disposal of assets (6) (3)
Changes in operating assets and liabilities:    
Accounts receivable 2,765 (61)
Inventories, net (4,822) (6,494)
Prepaids and other assets (691) (1,075)
Accounts payable and accrued liabilities (3,775) 1,050
Forward contracts (1,562) 1,270
Accrued compensation and employee benefits (1,951) (330)
Operating lease liabilities (1,616) (1,643)
Income taxes 1,622 1,527
Net cash (used in) provided by operating activities (557) 4,683
Cash flows from investing activities    
Proceeds from sale of property and equipment 25 3
Purchases of property and equipment (19,644) (3,034)
Net cash used in investing activities (19,619) (3,031)
Cash flows from financing activities    
Borrowings on long-term debt 10,000 0
Payments on long-term debt (68) 0
Repurchase of common stock (2,537) (3,501)
Net cash provided by (used in) financing activities 7,395 (3,501)
Net decrease in cash and cash equivalents (12,781) (1,849)
Cash and cash equivalents at beginning of period 32,133 30,478
Cash and cash equivalents at end of period 19,352 28,629
Supplemental disclosures of cash flow information    
Interest 94 91
Taxes $ 953 $ 263