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Consolidated Balance Sheets - USD ($)
Jun. 30, 2016
Jun. 30, 2015
Current Assets    
Cash and cash equivalents $ 6,787,000 $ 11,502,000
Short-term investments 1,474,000 4,134,000
Receivables:    
Billed receivables, net of allowance for doubtful accounts of $269 and $214, respectively 23,627,000 29,182,000
Other receivables 448,000 904,000
Inventories, net of reserves of $1,608 and $1,436, respectively 12,172,000 11,898,000
Short-term deferred income tax asset 1,031,000 2,067,000
Other current assets 1,170,000 1,732,000
Total current assets 46,709,000 61,419,000
Property and Equipment    
Building and land 7,708,000 6,529,000
Machinery and equipment 15,876,000 15,078,000
Furniture and fixtures 1,130,000 1,123,000
Gross property and equipment 24,714,000 22,730,000
Less - Accumulated depreciation (16,788,000) (15,890,000)
Net property and equipment 7,926,000 6,840,000
Goodwill 7,500,000 7,499,000
Intangible Assets, Net 5,017,000 6,685,000
Long-Term Investments 770,000 827,000
Long-Term Deferred Income Tax Asset   11,668,000
Total Assets 67,922,000 94,938,000
Current Liabilities    
Accounts payable 8,801,000 7,723,000
Accrued liabilities and expenses 4,391,000 5,761,000
Accrued compensation 1,789,000 3,001,000
Current portion of taxes payable 1,029,000 1,450,000
Short-term deferred income tax liability 500,000 289,000
Income taxes payable 148,000 1,251,000
Short-term notes payable 200,000 0
Restructuring reserve 814,000
Deferred revenue 7,711,000 8,966,000
Total current liabilities 25,383,000 28,441,000
Long-Term Taxes Payable 1,714,000 3,056,000
Long-Term Deferred Income Tax Liability 1,131,000 1,509,000
Other Long-Term Liabilities 1,140,000 1,140,000
Total Liabilities 29,368,000 34,146,000
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 9,370 and 9,348 respectively 94,000 93,000
Accumulated other comprehensive loss (3,220,000) (2,371,000)
Additional paid-in capital 45,738,000 45,015,000
Retained (deficit) earnings (4,058,000) 18,055,000
Total shareholders’ equity 38,554,000 60,792,000
Total Liabilities and Shareholders’ Equity $ 67,922,000 $ 94,938,000