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Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2017
Jun. 30, 2017
Current Assets    
Cash and cash equivalents $ 5,177 $ 3,704
Short-term investments 2,954 1,572
Receivables:    
Billed receivables, net of allowance for doubtful accounts of $249 and $253, respectively 25,404 31,776
Other receivables 382 167
Inventories, net of reserves of $2,029 and $1,918, respectively 13,196 11,466
Short-term deferred income tax asset   438
Other current assets 2,320 1,515
Total current assets 49,433 50,638
Property and Equipment    
Building and land 7,841 7,788
Machinery and equipment 15,057 16,414
Furniture and fixtures 1,059 1,054
Gross property and equipment 23,957 25,256
Less - Accumulated depreciation (16,528) (17,879)
Net property and equipment 7,429 7,377
Goodwill 8,087 7,793
Intangible Assets, Net 3,928 4,073
Long-Term Investments 725 725
Long-Term Deferred Income Tax Asset 525 9
Total Assets 70,127 70,615
Current Liabilities    
Line of Credit and short-term notes payable 612 1,705
Accounts payable 7,873 8,280
Accrued liabilities and expenses 3,558 3,952
Accrued compensation 2,634 2,600
Current portion of taxes payable 749 791
Short term deferred income tax liability   752
Income taxes payable 223 477
Reserve for restructuring and other charges 834 1,113
Deferred revenue 7,987 8,485
Total current liabilities 24,470 28,155
Long-Term Taxes Payable 840 969
Long-Term Deferred Income Tax Liability 1,605 871
Other Long-Term Liabilities 763 785
Total Liabilities 27,678 30,780
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 9,487 and 9,438, respectively 95 94
Accumulated other comprehensive loss (1,926) (2,721)
Additional paid-in capital 46,948 46,688
Retained deficit (2,668) (4,226)
Total shareholders’ equity 42,449 39,835
Total Liabilities and Shareholders’ Equity $ 70,127 $ 70,615