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Condensed Consolidated Balance Sheets (Unaudited) (USD $)
In Thousands, unless otherwise specified
Sep. 30, 2014
Jun. 30, 2014
Current assets    
Cash and cash equivalents $ 22,135 $ 20,387
Accounts receivable 1,657 1,317
Income tax receivable 2,815 4,681
Inventory 11,009 8,826
Current deferred income tax asset 158 158
Prepaid expenses and deposits 6,016 4,604
Total current assets 43,790 39,973
Long-term assets    
Property and equipment, net 6,540 6,941
Intangible assets, net 1,980 2,014
Deferred debt offering costs, net 1,291 1,353
Long-term deferred income tax asset 1,285 1,285
Other long-term assets 1,798 2,433
TOTAL ASSETS 56,684 53,999
Current liabilities    
Accounts payable 4,217 2,854
Commissions payable 7,517 7,594
Other accrued expenses 6,939 7,554
Current portion of long-term debt 4,700 4,700
Total current liabilities 23,373 22,702
Long-term liabilities    
Principle amount 24,950 26,125
Less: unamortized discount (1,004) (1,052)
Long-term debt, net of unamortized discount 23,946 25,073
Other long-term liabilities 2,169 2,234
Total liabilities 49,488 50,009
Commitments and contingencies - Note 6      
Stockholders’ equity    
Preferred stock — par value $0.001 per share, 50,000 shares authorized, no shares issued or outstanding 0 0
Common stock — par value $0.001 per share, 250,000 shares authorized and 100,812 and 102,173 issued and outstanding as of September 30, 2014 and June 30, 2014, respectively 101 102
Additional paid-in capital 115,677 115,244
Accumulated deficit (108,523) (111,240)
Accumulated other comprehensive loss (59) (116)
Total stockholders’ equity 7,196 3,990
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 56,684 $ 53,999