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Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2023
Jun. 30, 2022
Current assets:    
Cash and cash equivalents $ 15,560 $ 21,833
Accounts receivable – less allowance for doubtful accounts of $757 at March 31, 2023 and $3,383 at June 30, 2022 7,611 17,422
Inventories, net 39,309 32,475
Income tax receivable 637 67
Derivative assets, current asset 911 3,144
Prepaids and other current assets 2,258 1,805
Total current assets 66,286 76,746
Property and equipment, net 54,757 44,573
Operating lease right-of-use assets 19,958 21,701
Other noncurrent assets, net 2,926 2,983
Total assets 143,927 146,003
Current liabilities:    
Accounts payable 10,890 16,185
Accrued liabilities 1,718 2,787
Accrued compensation and employee benefits 3,059 3,673
Customer deposits 326 140
Income taxes payable 166 174
Mortgage note payable, current portion 309 302
Line of credit - current 9,100 0
Total current liabilities 25,568 23,261
Long-term liability – operating leases 20,786 22,047
Long-term pension liability 419 344
Deferred tax liability 284 1,220
Mortgage note payable, net of current portion 9,277 9,493
Income taxes payable, noncurrent 987 1,118
Total liabilities 57,321 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 March 31, 2023 and June 30, 2022, issued and outstanding (net of treasury shares) 6,077,213 at March 31, 2023 and 6,129,611 at June 30, 2022 91 89
Additional paid-in capital 31,146 30,423
Retained earnings 78,146 77,661
Treasury stock, at cost, 3,232,193 shares at March 31, 2023 and 3,061,795 at June 30, 2022 (22,855) (21,352)
Accumulated other comprehensive income 78 1,699
Total stockholders’ equity 86,606 88,520
Total liabilities and stockholders’ equity $ 143,927 $ 146,003