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CONDENSED CONSOLIDATED BALANCE SHEETS (USD $)
In Thousands
Sep. 30, 2011
Jun. 30, 2011
Current assets:  
Cash and cash equivalents$ 32,186$ 28,664
Investments844943
Trade receivables, less allowance for doubtful accounts (Sept, $671; June, $682)65,92583,735
Other receivables3,8345,373
Inventory74,90377,433
Prepaid expenses and other current assets2,2161,720
Deferred income tax asset, net517747
Total current assets180,425198,615
Property and equipment, net11,80912,095
Property held for sale3,7523,752
Goodwill33,56833,625
Intangible assets, net49,19050,658
Deferred income tax asset, net3,4773,477
Other assets10,1349,443
TOTAL ASSETS292,355311,665
Current liabilities:  
Current portion of long-term debt6,1976,247
Accounts payable32,99844,614
Accrued expenses25,37232,019
Deferred income tax liability 306
Total current liabilities64,56783,186
Long-term debt47,20048,750
Long-term liabilities13,36012,859
Environmental remediation liability5,8115,998
Deferred income tax liability4551
Total liabilities130,983150,844
Commitments and contingencies (Note 6)  
Shareholders' equity:  
Common stock, $.01 par value, 40,000 shares authorized; 26,705 and 26,644 shares issued; 26,705 and 26,620 shares outstanding at September 30, 2011 and June 30, 2011, respectively267266
Capital in excess of par value62,44862,329
Retained earnings93,74690,713
Treasury stock, at cost, 0 and 24 shares at September 30, 2011 and June 30, 2011, respectively (230)
Accumulated other comprehensive income4,9117,743
Total shareholders' equity161,372160,821
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY$ 292,355$ 311,665