XML 17 R2.htm IDEA: XBRL DOCUMENT v2.4.0.6
CONDENSED CONSOLIDATED BALANCE SHEETS (USD $)
In Thousands, unless otherwise specified
Mar. 31, 2012
Jun. 30, 2011
Current assets:    
Cash and cash equivalents $ 26,611 $ 28,664
Investments 1,539 943
Trade receivables, less allowance for doubtful accounts (March, $808; June, $682) 84,381 83,735
Other receivables 2,900 5,373
Inventory 82,628 77,433
Prepaid expenses and other current assets 2,333 1,720
Deferred income tax asset, net 626 747
Total current assets 201,018 198,615
Property and equipment, net 11,717 12,095
Property held for sale 3,752 3,752
Goodwill 33,549 33,625
Intangible assets, net 46,698 50,658
Deferred income tax asset, net 2,768 3,477
Other assets 10,302 9,443
TOTAL ASSETS 309,804 311,665
Current liabilities:    
Current portion of long-term debt 6,447 6,247
Accounts payable 47,078 44,614
Accrued expenses 25,925 32,019
Deferred income tax liability   306
Total current liabilities 79,450 83,186
Long-term debt 43,852 48,750
Long-term liabilities 12,136 12,859
Environmental remediation liability 5,688 5,998
Deferred income tax liability 29 51
Total liabilities 141,155 150,844
Commitments and contingencies (Note 7)      
Shareholders' equity:    
Common stock, $.01 par value, 40,000 shares authorized; 26,817 and 26,644 shares issued; 26,817 and 26,620 shares outstanding at March 31, 2012 and June 30, 2011, respectively 268 266
Capital in excess of par value 63,210 62,329
Retained earnings 101,044 90,713
Treasury stock, at cost, 0 and 24 shares at March 31, 2012 and June 30, 2011, respectively   (230)
Accumulated other comprehensive income 4,127 7,743
Total shareholders' equity 168,649 160,821
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 309,804 $ 311,665