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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Mar. 31, 2024
Mar. 31, 2024
Mar. 31, 2023
Mar. 31, 2023
Cash flows from operating activities            
Net (loss) income $ (1,578) $ (2,381) $ (5,343) $ (5,343) $ 485 $ 485
Adjustments to reconcile net (loss) income to net cash provided by (used in) operating activities:            
Recovery of uncollectible accounts receivable     0   (18)  
Depreciation and amortization     3,439   3,050  
Non-cash compensation     922   725  
Non-cash lease expense     4,007   2,937  
Pension expense, net of contributions     (44)   75  
Gain on disposal of assets     0   (43)  
Changes in operating assets and liabilities:            
Accounts receivable     (4,199)   9,829  
Inventories, net     8,623   (6,834)  
Prepaids and other assets     (1,561)   (868)  
Accounts payable and accrued liabilities     (722)   (6,178)  
Forward contracts     755   517  
Accrued compensation and employee benefits     (154)   (614)  
Operating lease liabilities     (2,525)   (2,455)  
Income taxes     (1,978)   (1,078)  
Net cash provided by (used in) operating activities     1,220   (470)  
Cash flows from investing activities            
Proceeds from sale of property and equipment     0   48  
Purchases of property and equipment     (1,983)   (13,239)  
Net cash used in investing activities     (1,983)   (13,191)  
Cash flows from financing activities            
Borrowings on line of credit     0   9,100  
Payments on long-term debt     (217)   (209)  
Repurchase of common stock     (217)   (1,503)  
Net cash (used in) provided by financing activities     (434)   7,388  
Net decrease in cash and cash equivalents     (1,197)   (6,273)  
Cash and cash equivalents at beginning of period     13,604   21,833  
Cash and cash equivalents at end of period $ 12,407 $ 15,560 12,407 $ 12,407 15,560 $ 15,560
Supplemental disclosures of cash flow information            
Interest     184   507  
Income taxes     $ 283   $ 1,321