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Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2023
Jun. 30, 2023
Current assets:    
Cash and cash equivalents $ 16,749 $ 13,604
Accounts receivable – less allowance for doubtful accounts of $0 at September 30, 2023 and $23 at June 30, 2023 9,751 7,022
Inventories, net 23,304 29,694
Income tax receivable 338 305
Derivative assets, current asset 787 390
Prepaids and other current assets 6,825 5,995
Total current assets 57,754 57,010
Property and equipment, net 53,971 53,841
Operating lease right-of-use assets 45,651 20,369
Deferred tax asset – noncurrent 161 355
Other noncurrent assets, net 2,715 2,577
Total assets 160,252 134,152
Current liabilities:    
Accounts payable 7,614 7,778
Accrued liabilities 2,715 2,409
Accrued compensation and employee benefits 2,367 2,246
Customer deposits 405 317
Short-term liability – operating leases 1,130 2,448
Forward contracts 720 0
Income taxes payable 196 374
Mortgage note payable, current portion 290 312
Total current liabilities 15,437 15,884
Long-term liability – operating leases 45,778 18,965
Long-term pension liability 328 339
Mortgage note payable, net of current portion 9,154 9,205
Income taxes payable, noncurrent 740 987
Total liabilities 71,437 45,380
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 September 30, 2023 and June 30, 2023, issued and outstanding (net of treasury shares) 6,088,813 at September 30, 2023 and 6,073,813 at June 30, 2023 91 91
Additional paid-in capital 31,738 31,436
Retained earnings 79,488 80,183
Treasury stock, at cost, 3,240,593 shares at September 30, 2023 and 3,240,593 at June 30, 2023 (22,855) (22,855)
Accumulated other comprehensive income 353 (83)
Total stockholders’ equity 88,815 88,772
Total liabilities and stockholders’ equity $ 160,252 $ 134,152