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Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Dec. 31, 2022
Jun. 30, 2022
Current assets:    
Cash and cash equivalents $ 12,773 $ 21,833
Accounts receivable – less allowance for doubtful accounts of $1,024 at December 31, 2022 and $3,383 at June 30, 2022 10,281 17,422
Inventories, net 36,036 32,475
Income tax receivable 0 67
Derivative assets, current asset 1,745 3,144
Prepaids and other current assets 2,216 1,805
Total current assets 63,051 76,746
Property and equipment, net 54,169 44,573
Operating lease right-of-use assets 20,549 21,701
Other noncurrent assets, net 2,809 2,983
Total assets 140,578 146,003
Current liabilities:    
Accounts payable 13,179 16,185
Accrued liabilities 2,387 2,787
Accrued compensation and employee benefits 1,829 3,673
Customer deposits 425 140
Income taxes payable 421 174
Mortgage note payable, current portion 307 302
Total current liabilities 18,548 23,261
Long-term liability – operating leases 21,285 22,047
Long-term pension liability 394 344
Deferred tax liability 484 1,220
Mortgage note payable, net of current portion 9,350 9,493
Income taxes payable, noncurrent 987 1,118
Total liabilities 51,048 57,483
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 December 31, 2022 and June 30, 2022, issued and outstanding (net of treasury shares) 6,014,246 at December 31, 2022 and 6,129,611 at June 30, 2022 89 89
Additional paid-in capital 30,890 30,423
Retained earnings 80,527 77,661
Treasury stock, at cost, 3,177,160 shares at December 31, 2022 and 3,061,795 at June 30, 2022 (22,411) (21,352)
Accumulated other comprehensive income 435 1,699
Total stockholders’ equity 89,530 88,520
Total liabilities and stockholders’ equity $ 140,578 $ 146,003