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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Cash flows from operating activities:    
Net income $ 1,920 $ 2,056
Non-cash operating activities:    
Depreciation 1,377 1,288
Amortization 260 363
Stock-based compensation 65 185
Net long-term tax obligations 23 18
Deferred taxes (454) 356
Postretirement benefit and pension obligations 153 162
Working capital changes:    
Accounts receivable 1,057 3,135
Inventories (892) (5,022)
Other current assets (370) (1,740)
Other current liabilities 2,511 31
Prepaid pension expense (903) (263)
Other 71 59
Net cash provided by operating activities 4,818 628
Cash flows from investing activities:    
Purchases of property, plant and equipment (3,145) (960)
Software development (367) (202)
Net cash (used in) investing activities (3,512) (1,162)
Cash flows from financing activities:    
Proceeds from line of credit borrowings 2,000 575
Term debt repayments (1,047) (2,663)
Shares repurchased (23) (6)
Net cash provided by (used in) financing activities 930 (2,094)
Effect of exchange rate changes on cash (161) 7
Net increase (decrease) in cash 2,075 (2,621)
Cash, beginning of period 10,454 14,523
Cash, end of period 12,529 11,902
Supplemental cash flow information:    
Interest paid 150 374
Income taxes paid, net 987 2,244
Property and equipment acquired through term-loan borrowings $ 2 $ 0