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Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2016
Jun. 30, 2015
Current Assets    
Cash and cash equivalents $ 3,130 $ 11,502
Short-term investments 2,320 4,134
Receivables:    
Billed receivables, net of allowance for doubtful accounts of $246 and $214, respectively 28,201 29,182
Other receivables 941 904
Inventories, net of reserves of $1,499 and $1,436, respectively 13,123 11,898
Deferred income taxes 2,067 2,067
Other current assets 1,299 1,732
Total current assets 51,081 61,419
Property and Equipment    
Building and land 7,736 6,529
Machinery and equipment 15,954 15,078
Furniture and fixtures 1,132 1,123
Gross propery and equipment 24,822 22,730
Less - Accumulated depreciation (16,583) (15,890)
Net property and equipment 8,239 6,840
Goodwill 7,662 7,499
Intangible Assets, Net 5,361 6,685
Long-Term Investments 771 827
Deferred Income Tax Asset 13,955 11,668
Total Assets 87,069 94,938
Current Liabilities    
Accounts payable 9,937 7,723
Accrued liabilities and expenses 3,968 5,761
Accrued compensation 1,897 3,001
Current portion of taxes payable 1,127 1,450
Deferred income taxes 295 289
Income taxes payable 180 1,251
Short-term notes payable 437  
Restructuring reserve 1,448  
Deferred revenue 8,974 8,966
Total current liabilities 28,263 28,441
Long-Term Taxes Payable 1,976 3,056
Deferred Income Taxes 1,316 1,509
Other Long-Term Liabilities 1,212 1,140
Total Liabilities $ 32,767 $ 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 $ 93 $ 93
Accumulated other comprehensive loss (2,807) (2,371)
Additional paid-in capital 45,480 45,015
Retained earnings 11,536 18,055
Total shareholders’ equity 54,302 60,792
Total Liabilities and Shareholders’ Equity $ 87,069 $ 94,938