XML 17 R6.htm IDEA: XBRL DOCUMENT v3.20.4
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Cash Flows from Operating Activities:    
Net income $ 6,263 $ 6,064
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 1,782 1,245
Stock-based compensation 1,447 2,918
Amortization of right-of-use assets 1,676 1,148
Amortization of deferred financing fees 0 4
Amortization of debt discount 0 26
Deferred income tax 298 (486)
Changes in operating assets and liabilities:    
Accounts receivable (553) 275
Income tax receivable (534) 230
Inventory, net (442) (452)
Prepaid expenses and other 1,062 (1,000)
Other long-term assets (165) (279)
Accounts payable 236 (1,268)
Income tax payable (133) (422)
Other accrued expenses (4,759) (805)
Lease liabilities (1,375) (1,328)
Other long-term liabilities 37 (105)
Net Cash Provided by Operating Activities 4,840 5,765
Cash Flows from Investing Activities:    
Purchase of property and equipment (1,532) (1,633)
Net Cash Used in Investing Activities (1,532) (1,633)
Cash Flows from Financing Activities:    
Repurchase of company stock (6,000) (3,405)
Payment on term loan 0 (1,000)
Shares purchased as payment of tax withholding and other (1,172) (4,421)
Proceeds from common stock issued under employee stock purchase plan 246 339
Exercise of options 1,002 65
Net Cash Used in Financing Activities (5,924) (8,422)
Foreign Currency Effect on Cash 204 (55)
Decrease in Cash and Cash Equivalents: (2,412) (4,345)
Cash and Cash Equivalents — beginning of period 22,138 18,824
Cash and Cash Equivalents — end of period 19,726 14,479
Non Cash Investing and Financing Activities:    
Increase in property and equipment and lease liabilities from lease incentives 2,687 0
Purchase of leasehold improvements included in accounts payable 1,349 0
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION    
Cash paid for interest 15 36
Cash paid for income taxes $ 2,618 $ 654