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Consolidated Statements of Cash Flows - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Jun. 30, 2013
Cash Flows from Operating Activities:      
Net income $ 6,987 $ 11,383 $ 7,608
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 2,285 2,118 1,659
Stock-based compensation 1,806 2,953 2,169
Amortization of deferred financing fees 255 159 0
Amortization of debt discount 198 122 0
Impairment of inventory 0 0 3,923
Deferred income tax 91 2,172 (892)
Changes in operating assets and liabilities:      
Decrease/(increase) in receivables 2,651 (2,044) (3,653)
Decrease/(increase) in inventory (936) 1,646 (3,356)
Decrease/(increase) in prepaid expenses and deposits 1,486 (2,318) (1,065)
Decrease/(increase) in long-term assets 826 (1,045) (1,168)
Increase/(decrease) in accounts payable (171) (2,384) 1,593
Increase/(decrease) in accrued expenses (2,170) (537) 3,403
Increase/(decrease) in other long-term liabilities (87) (120) 441
Net Cash Provided by Operating Activities 13,221 12,105 10,662
Cash Flows from Investing Activities:      
Purchase of equipment (1,159) (1,898) (5,080)
Purchase of intangible assets 0 (350) 0
Net Cash Used in Investing Activities (1,159) (2,248) (5,080)
Cash Flows from Financing Activities:      
Proceeds from term loan 0 45,825 0
Payment of deferred financing fees 0 (1,511) 0
Excess tax benefits from stock-based compensation 128 655 1,406
Repurchase of company stock (9,850) (46,171) (7,123)
Payment on term loan (9,200) (16,175) 0
Exercise of options and warrants 468 1,573 1,694
Net Cash Used in Financing Activities (18,454) (15,804) (4,023)
Foreign Currency Effect on cash (90) 35 92
Increase (Decrease) in cash and cash equivalents (6,482) (5,912) 1,651
Cash and Cash Equivalents - beginning of period 20,387 26,299 24,648
Cash and Cash Equivalents - end of period 13,905 20,387 26,299
Non Cash Investing and Financing Activities:      
Increase in property and equipment/other long-term liabilities 0 1,386 359
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION      
Cash paid for interest 2,633 2,758 3
Cash paid for income taxes $ 1,658 $ 4,879 $ 6,090
Common stock shares issued upon cashless warrant exercises 1,763 2,698 3,793
Total cashless exercise price of warrants $ 1,462 $ 1,615 $ 2,147
Gross warrants underlying cashless exercises 2,924 3,409 4,564