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Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2024
Jun. 30, 2023
Current assets:    
Cash and cash equivalents $ 12,407 $ 13,604
Accounts receivable – less allowance for doubtful accounts of $0 at March 31, 2024 and $23 at June 30, 2023 11,221 7,022
Inventories, net 21,071 29,694
Income tax receivable 1,662 305
Derivative assets, current asset 335 390
Prepaids and other current assets 7,665 5,995
Total current assets 54,361 57,010
Property and equipment, net 52,384 53,841
Operating lease right-of-use assets 44,032 20,369
Deferred tax asset – noncurrent 291 355
Other noncurrent assets, net 2,143 2,577
Total assets 153,211 134,152
Current liabilities:    
Accounts payable 6,970 7,778
Accrued liabilities 2,425 2,409
Accrued compensation and employee benefits 2,092 2,246
Customer deposits 387 317
Short-term liability – operating leases 1,134 2,448
Forward contracts 345 0
Income taxes payable 0 374
Mortgage note payable, current portion 294 312
Total current liabilities 13,647 15,884
Long-term liability – operating leases 45,423 18,965
Long-term pension liability 295 339
Mortgage note payable, net of current portion 9,007 9,205
Income taxes payable, noncurrent 740 987
Total liabilities 69,112 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 March 31, 2024 and June 30, 2023, issued and outstanding (net of treasury shares) 6,200,869 at March 31, 2024 and 6,073,813 at June 30, 2023 93 91
Additional paid-in capital 32,356 31,436
Retained earnings 74,840 80,183
Treasury stock, at cost, 3,280,037 shares at March 31, 2024 and 3,240,593 at June 30, 2023 (23,072) (22,855)
Accumulated other comprehensive income (118) (83)
Total stockholders’ equity 84,099 88,772
Total liabilities and stockholders’ equity $ 153,211 $ 134,152