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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Dec. 31, 2017
Dec. 31, 2016
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income $ 2,123 $ 1,425
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 672 649
Provision for doubtful accounts 20 0
Deferred income taxes (817) 184
Stock based compensation expense 136 98
Changes in operating assets and liabilities:    
Accounts receivable 2,894 2,745
Inventories (1,287) (2,369)
Prepaid expenses and other current assets 190 80
Other assets (151) 0
Accounts payable, accrued expenses and accrued income taxes (956) 148
Net Cash Provided by Operating Activities 2,824 2,960
CASH FLOWS FROM INVESTING ACTIVITIES    
Purchases of property, plant, and equipment (651) (580)
Net Cash Used in Investing Activities (651) (580)
CASH FLOWS FROM FINANCING ACTIVITIES    
Principal payments on long-term debt (1,500) (2,450)
Proceeds from stock option exercise 16 49
Cash paid for purchase of treasury stock (194) 0
Net Cash Used in Financing Activities (1,678) (2,401)
Net Increase (Decrease) in Cash and Cash Equivalents 495 (21)
CASH AND CASH EQUIVALENTS - Beginning 3,454 3,805
CASH AND CASH EQUIVALENTS - Ending 3,949 3,784
SUPPLEMENTAL CASH FLOW INFORMATION    
Interest paid, net 45 49
Income taxes paid 184 53
Surrender of common shares $ 3 $ 44