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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2017
Jun. 30, 2016
CURRENT ASSETS:    
Cash and cash equivalents $ 4,038 $ 73
Accounts receivable — net of allowances of $82 and $65, respectively 3,500 2,966
Income tax receivable   5
Inventories, net (Note 4) 11,676 13,268
Prepaid expenses and other current assets (Note 5) 2,438 1,780
Total current assets 21,652 18,092
Property, plant and equipment — net (Note 6) 14,827 13,826
Intangible assets — net (Note 7) 16,643 16,750
Goodwill 29,593 29,593
Deferred debt issuance costs — net 481 601
Deferred income taxes (Note 2 and 11)   3,501
Other 125 170
Total assets 83,321 82,533
CURRENT LIABILITIES    
Accounts payable 11,008 13,112
Income tax payable 780 1,108
Accrued expenses and other current liabilities (Note 8) 21,410 22,276
Current portion of long term debt, net of unamortized debt issuance costs (Note 10) 3,687 7,885
Total current liabilities 36,885 44,381
Long-term debt, net of unamortized debt issuance costs Note 10) 30,790 44,342
Deferred income taxes (Note 2 and 11) 953  
Unrecognized tax positions (Note 11) 2,932 2,189
Total liabilities 71,560 90,912
COMMITMENTS AND CONTINGENCIES (Note 13)
STOCKHOLDERS' EQUITY (DEFICIT):    
Common stock, $.01 par value per share — authorized, 100,000,000 shares; issued and outstanding, 18,637,445 shares at June 30, 2017 and 18,591,808 shares at June 30, 2016 186 186
Additional paid-in capital 112,945 112,375
Accumulated deficit (101,370) (120,940)
Total stockholders' equity (deficit) 11,761 (8,379)
Total liabilities and stockholders' equity (deficit) $ 83,321 $ 82,533