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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Cash flows from operating activities:    
Net income $ 1,525 $ 5,187
Non-cash operating activities:    
Depreciation 2,779 2,585
Amortization 525 720
Stock-based compensation 287 370
Net long-term tax obligations 1 91
Deferred taxes 1,374 977
Postretirement benefit and pension obligations 295 314
Working capital changes:    
Accounts receivable 1,962 4,530
Inventories 4,158 (3,307)
Other current assets (1,229) (1,098)
Other current liabilities (2,842) (4,818)
Prepaid pension expense (1,860) (1,147)
Other 136 70
Net cash provided by operating activities 7,111 4,474
Cash flows from investing activities:    
Purchases of property, plant and equipment (8,316) (3,713)
Software development (683) (477)
Net cash (used in) investing activities (8,999) (4,190)
Cash flows from financing activities:    
Proceeds from borrowing 6,000 1,575
Debt repayments (8,781) (7,508)
Proceeds from common stock issued 40 84
Shares repurchased (26) (9)
Net cash (used in) financing activities (2,767) (5,858)
Effect of exchange rate changes on cash (115) 8
Net (decrease) in cash (4,770) (5,566)
Cash, beginning of period 10,454 14,523
Cash, end of period 5,684 8,957
Supplemental cash flow information:    
Interest paid 458 802
Income taxes paid, net $ 2,117 $ 3,360