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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Cash flows from operating activities    
Net (loss) income $ (695) $ 1,053
Adjustments to reconcile net (loss) income to net cash provided by (used in) operating activities:    
Recovery of uncollectible accounts receivable 0 (24)
Depreciation and amortization 1,148 956
Deferred income taxes 1 0
Non-cash compensation 302 235
Non-cash lease expense 1,081 454
Pension contributions, net of expense (11) 25
Changes in operating assets and liabilities:    
Accounts receivable (2,730) 2,625
Inventories, net 6,390 (7,515)
Prepaids and other assets (1,072) (719)
Accounts payable and accrued liabilities 229 1,010
Forward contracts 1,057 (33)
Accrued compensation and employee benefits 121 (1,119)
Operating lease liabilities (867) (792)
Income taxes (458) (716)
Net cash provided by (used in) operating activities 4,496 (4,560)
Cash flows from investing activities    
Purchases of property and equipment (1,278) (7,767)
Net cash used in investing activities (1,278) (7,767)
Cash flows from financing activities    
Borrowings on line of credit 0 3,400
Payments on long-term debt (73) (68)
Repurchase of common stock 0 (497)
Net cash (used in) provided by financing activities (73) 2,835
Net increase (decrease) in cash and cash equivalents 3,145 (9,492)
Cash and cash equivalents at beginning of period 13,604 21,833
Cash and cash equivalents at end of period 16,749 12,341
Supplemental disclosures of cash flow information    
Interest 50 75
Income taxes $ 251 $ 827