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Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2021
Jun. 30, 2020
Current assets:    
Cash and cash equivalents $ 28,089 $ 30,478
Accounts receivable - less allowance for doubtful accounts of $3,152 at March 31, 2021 and $3,240 at June 30, 2020 16,882 17,001
Inventories, net 29,088 27,972
Income tax receivable 1,186 848
Forward contracts 450
Prepaids and other current assets 1,980 2,275
Total current assets 77,225 79,024
Property and equipment, net 22,456 21,523
Operating lease right-of-use assets 16,551 18,354
Deferred tax asset – noncurrent 680 196
Other noncurrent assets, net 1,549 1,106
Total assets 118,461 120,203
Current liabilities:    
Accounts payable 15,299 12,509
Accrued liabilities 2,918 1,627
Accrued compensation and employee benefits 3,371 2,660
Forward contracts 954
Income taxes payable 862 1,010
Lines of credit 10,000
Total current liabilities 23,404 27,806
Long-term liability – operating leases 17,026 18,782
Noncurrent forward contracts 195
Long-term pension liability 757 696
Income taxes payable, noncurrent 1,250 1,349
Total liabilities 42,437 48,828
Commitments and contingencies (Note L)
Stockholders’ equity:    
Preferred stock; $.01 par value; 500,000 shares authorized; none issued or outstanding 0 0
Common stock; $.01 par value; 20,000,000 shares authorized; issued and outstanding (net of treasury shares) 6,419,389 at March 31, 2021 and 6,752,372 at June 30, 2020 89 87
Additional paid-in capital 29,022 27,992
Retained earnings 63,987 56,181
Treasury stock, at cost, 2,567,386 shares at March 31, 2021 and 2,104,305 June 30, 2020 (15,842) (11,702)
Accumulated other comprehensive loss (1,232) (1,183)
Total stockholders’ equity 76,024 71,375
Total liabilities and stockholders’ equity $ 118,461 $ 120,203