XML 16 R7.htm IDEA: XBRL DOCUMENT v3.22.2.2
Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Cash flows from operating activities:    
Net income $ 2,056 $ 3,232
Non-cash operating activities:    
Depreciation 1,288 1,262
Amortization 363 335
Stock-based compensation 185 174
Net long-term tax obligations 18 38
Deferred taxes 356 193
Postretirement benefit and pension obligations 162 (353)
Working capital changes:    
Accounts receivable 3,135 (5,797)
Inventories (5,022) (2,887)
Other current assets (1,740) (1,888)
Other current liabilities 31 104
Prepaid pension expense (263) (288)
Other 59 34
Net cash provided by (used in) operating activities 628 (5,841)
Cash flows from investing activities:    
Purchases of property, plant and equipment (960) (2,334)
Software development (202) (290)
Net cash (used in) investing activities (1,162) (2,624)
Cash flows from financing activities:    
Proceeds from borrowing 575 13,767
Debt repayments (2,663) (8,040)
Shares repurchased (6) (16)
Net cash provided (used in) by financing activities (2,094) 5,711
Effect of exchange rate changes on cash 7 276
Net decrease in cash (2,621) (2,478)
Cash, beginning of period 14,523 9,105
Cash, end of period 11,902 6,627
Supplemental cash flow information:    
Interest paid 374 224
Income taxes paid, net $ 2,244 $ 1,116