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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Cash flows from operating activities    
Net income $ 10,712 $ 10,768
Adjustments to reconcile net income to net cash provided by operating activities:    
(Recovery of) provision for uncollectible accounts receivable (120) (132)
Depreciation and amortization 4,165 4,338
Deferred income taxes 751 (214)
Non-cash lease expenses 2,749 3,421
Non-cash compensation 968 1,430
Pension expense 83 163
Gain on disposal of assets, net of impairment (9) (47)
Changes in operating assets and liabilities:    
Accounts receivable 644 (813)
Inventories (5,469) 966
Operating lease liabilities (3,007) (3,245)
Prepaids and other assets 75 (358)
Accounts payable and accrued liabilities 3,057 1,912
Forward contracts (2,273) 1,430
Income taxes 451 (737)
Accrued compensation and employee benefits (911) 1,924
Net cash provided by operating activities 11,866 20,806
Cash flows from investing activities    
Purchases of property and equipment (26,488) (5,107)
Proceeds from sale of property and equipment 30 68
Net cash used in investing activities (26,458) (5,039)
Cash flows from financing activities    
Repurchase of common stock (5,503) (4,147)
Payments on lines of credit 0 (10,000)
Borrowings on long-term debt 10,000 0
Payments on long-term debt (205) 0
Issuance of common stock for stock option exercise 0 35
Net cash provided by (used in) financing activities 4,292 (14,112)
Net (decrease) increase in cash and cash equivalents (10,300) 1,655
Cash and cash equivalents at beginning of year 32,133 30,478
Cash and cash equivalents at end of year 21,833 32,133
Supplemental disclosures of cash flow information    
Taxes 2,608 2,960
Interest $ 206 $ 131