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Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2016
Jun. 30, 2016
Current Assets    
Cash and cash equivalents $ 6,578 $ 6,787
Short-term investments 1,073 1,474
Receivables:    
Billed receivables, net of allowance for doubtful accounts of $148 and $269, respectively 22,220 23,627
Other receivables 214 448
Inventories, net of reserves of $1,998 and $1,608, respectively 10,640 12,172
Short-term deferred income tax asset 315 1,031
Other current assets 1,493 1,170
Total current assets 42,533 46,709
Property and Equipment    
Building and land 7,714 7,708
Machinery and equipment 15,943 15,876
Furniture and fixtures 1,128 1,130
Gross property and equipment 24,785 24,714
Less - Accumulated depreciation (17,080) (16,788)
Net property and equipment 7,705 7,926
Goodwill 7,604 7,500
Intangible Assets, Net 4,825 5,017
Long-Term Investments 725 770
Total Assets 63,392 67,922
Current Liabilities    
Accounts payable 7,199 8,801
Accrued liabilities and expenses 3,994 4,391
Accrued compensation 2,205 1,789
Current portion of taxes payable 976 1,029
Short-term deferred income tax liability 292 500
Income taxes payable 26 148
Short-term notes payable 1,102 200
Restructuring reserve 599 814
Deferred revenue 6,718 7,711
Total current liabilities 23,111 25,383
Long-Term Taxes Payable 1,516 1,714
Long-Term Deferred Income Tax Liability 1,072 1,131
Other Long-Term Liabilities 1,104 1,140
Total Liabilities 26,803 29,368
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 9,371 and 9,370, respectively 94 94
Accumulated other comprehensive loss (3,047) (3,220)
Additional paid-in capital 45,955 45,738
Retained deficit (6,413) (4,058)
Total shareholders’ equity 36,589 38,554
Total Liabilities and Shareholders’ Equity $ 63,392 $ 67,922