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Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2017
Jun. 30, 2016
Current Assets    
Cash and cash equivalents $ 4,894 $ 6,787
Short-term investments 241 1,474
Receivables:    
Billed receivables, net of allowance for doubtful accounts of $157 and $269, respectively 25,742 23,627
Other receivables 388 448
Inventories, net of reserves of $1,853 and $1,608, respectively 12,107 12,172
Short-term deferred income tax asset 228 1,031
Other current assets 1,320 1,170
Total current assets 44,920 46,709
Property and Equipment    
Building and land 7,678 7,708
Machinery and equipment 16,052 15,876
Furniture and fixtures 1,042 1,130
Gross property and equipment 24,772 24,714
Less - Accumulated depreciation (17,506) (16,788)
Net property and equipment 7,266 7,926
Goodwill 7,268 7,500
Intangible Assets, Net 4,108 5,017
Long-Term Investments 725 770
Total Assets 64,287 67,922
Current Liabilities    
Accounts payable 7,655 8,801
Accrued liabilities and expenses 3,769 4,391
Accrued compensation 2,432 1,789
Current portion of taxes payable 807 1,029
Short-term deferred income tax liability 280 500
Income taxes payable 128 148
Short-term notes payable 1,007 200
Restructuring reserve 214 814
Deferred revenue 7,286 7,711
Total current liabilities 23,578 25,383
Long-Term Taxes Payable 1,062 1,714
Long-Term Deferred Income Tax Liability 886 1,131
Other Long-Term Liabilities 782 1,140
Total Liabilities 26,308 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 9,420 and 9,370, respectively 94 94
Accumulated other comprehensive loss (4,075) (3,220)
Additional paid-in capital 46,447 45,738
Retained deficit (4,487) (4,058)
Total shareholders’ equity 37,979 38,554
Total Liabilities and Shareholders’ Equity $ 64,287 $ 67,922