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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2018
Jun. 30, 2018
Current assets:    
Cash and cash equivalents $ 51,547 $ 100,874
Investments 955 3,030
Trade receivables, less allowance for doubtful accounts (September 30, 2018, $979; June 30, 2018, $987) 292,378 247,246
Other receivables 8,810 9,664
Inventory 156,527 137,076
Prepaid expenses and other current assets 6,383 4,737
Total current assets 516,600 502,627
Property and equipment, net 13,689 14,180
Property held for sale 6,113 6,113
Goodwill 1,876 1,883
Intangible assets, net 227,738 234,602
Other assets 8,619 7,619
TOTAL ASSETS 774,635 767,024
Current liabilities:    
Current portion of long-term debt 14,482 14,482
Accounts payable 123,384 106,790
Accrued expenses 196,086 181,246
Total current liabilities 333,952 302,518
Long-term debt, net 300,900 302,916
Long-term liabilities 64,295 64,558
Environmental remediation liability   211
Deferred income tax liability 1,726 1,536
Total liabilities 700,873 671,739
Commitments and contingencies (Note 7)
Shareholders' equity:    
Preferred stock, 2,000 shares authorized; no shares issued and outstanding
Common stock, $.01 par value, 75,000 shares authorized; 30,801 and 30,787 shares issued and outstanding at September 30, 2018 and June 30, 2018, respectively 308 308
Capital in excess of par value 222,578 222,599
Accumulated deficit (148,117) (126,737)
Accumulated other comprehensive loss (1,007) (885)
Total shareholders' equity 73,762 95,285
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 774,635 $ 767,024