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Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2022
Jun. 30, 2021
Current assets:    
Cash and cash equivalents $ 18,575 $ 32,133
Accounts receivable – less allowance for doubtful accounts of $3,383 at March 31, 2022 and $3,527 at June 30, 2021 16,736 17,946
Inventories, net 36,800 27,006
Income tax receivable 0 1,095
Derivative assets, current asset 2,445 0
Prepaids and other current assets 3,650 2,168
Total current assets 78,206 80,348
Property and equipment, net 40,400 22,271
Operating lease right-of-use assets 14,049 15,877
Deferred tax asset – noncurrent 0 214
Other noncurrent assets, net 2,833 1,571
Total assets 135,488 120,281
Current liabilities:    
Accounts payable 17,838 11,893
Accrued liabilities 2,235 2,441
Accrued compensation and employee benefits 3,110 4,584
Customer deposits 372 1,721
Income taxes payable 513 619
Forward contracts 0 814
Mortgage note payable, current portion 300 0
Total current liabilities 24,368 22,072
Long-term liability – operating leases 14,585 16,481
Noncurrent forward contracts 0 4
Long-term pension liability 417 391
Deferred tax liability 360 0
Mortgage note payable, net of current portion 9,563 0
Income taxes payable, noncurrent 1,118 1,250
Total liabilities 50,411 40,198
Commitments and contingencies (Notes E, F, and L)
Stockholders’ equity:    
Preferred stock; $.01 par value; 500,000 shares authorized; none issued or outstanding 0 0
Common stock; $.01 par value; 20,000,000 shares authorized at March 31, 2022 and June 30, 2021, issued and outstanding (net of treasury shares) 6,146,221 at March 31, 2022 and 6,436,568 at June 30, 2021 89 88
Additional paid-in capital 30,188 29,456
Retained earnings 74,556 66,949
Treasury stock, at cost, 2,984,994 shares at March 31, 2022 and 2,567,797 at June 30, 2021 (20,954) (15,849)
Accumulated other comprehensive income (loss) 1,198 (561)
Total stockholders’ equity 85,077 80,083
Total liabilities and stockholders’ equity $ 135,488 $ 120,281