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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2015
Jun. 30, 2015
Current Assets    
Cash and cash equivalents $ 4,818 $ 11,502
Short-term investments 3,861 4,134
Receivables:    
Billed receivables, net of allowance for doubtful accounts of $170 and $214, respectively 25,307 29,182
Other receivables 1,381 904
Inventories, net of reserves of $1,153 and $1,436, respectively 13,248 11,898
Deferred income taxes 2,067 2,067
Other current assets 1,328 1,732
Total current assets 52,010 61,419
Property and Equipment    
Building and land 6,537 6,529
Machinery and equipment 16,145 15,078
Furniture and fixtures 1,128 1,123
Gross propery and equipment 23,810 22,730
Less - Accumulated depreciation (16,276) (15,890)
Net property and equipment 7,534 6,840
Goodwill 7,403 7,499
Intangible Assets, Net 6,162 6,685
Long-Term Investments 813 827
Deferred Income Tax Asset 12,823 11,668
Total Assets 86,745 94,938
Current Liabilities    
Accounts payable 8,809 7,723
Accrued liabilities and expenses 4,147 5,761
Accrued compensation 1,880 3,001
Current portion of taxes payable 1,109 1,450
Deferred income taxes 284 289
Income taxes payable 308 1,251
Short-term notes payable 199  
Deferred revenue 9,164 8,966
Total current liabilities 25,900 28,441
Long-Term Taxes Payable 2,177 3,056
Deferred Income Taxes 1,345 1,509
Other Long-Term Liabilities 794 1,140
Total Liabilities $ 30,216 $ 34,146
Shareholders' Equity    
Preferred stock - no par value, authorized 1,000 shares, issued none
Common stock, $0.01 par value, authorized 19,000 shares, issued and outstanding 9,350 and 9,348, respectively $ 94 $ 93
Accumulated other comprehensive loss (3,417) (2,371)
Additional paid-in capital 45,451 45,015
Retained earnings 14,401 18,055
Total shareholders’ equity 56,529 60,792
Total Liabilities and Shareholders’ Equity $ 86,745 $ 94,938