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CONSOLIDATED BALANCE SHEETS (USD $)
In Thousands, unless otherwise specified
Jun. 30, 2012
Jun. 30, 2011
Current assets:    
Cash and cash equivalents $ 24,862 $ 28,664
Investments 1,518 943
Trade receivables: less allowance for doubtful accounts (2012, $887; 2011; $682) 74,744 83,735
Other receivables 2,979 5,373
Inventory 84,687 77,433
Prepaid expenses and other current assets 2,231 1,720
Deferred income tax asset, net 948 747
Total current assets 191,969 198,615
Property and equipment, net 11,705 12,095
Property held for sale 3,752 3,752
Goodwill 33,495 33,625
Intangible assets, net 45,251 50,658
Deferred income tax asset, net 4,719 3,477
Other assets 8,389 9,443
TOTAL ASSETS 299,280 311,665
Current liabilities:    
Current portion of long-term debt 6,713 6,247
Accounts payable 42,007 44,614
Accrued expenses 24,921 32,019
Deferred income tax liability   306
Total current liabilities 73,641 83,186
Long-term debt 39,052 48,750
Long-term liabilities 12,943 12,859
Environmental remediation liability 5,633 5,998
Deferred income tax liability 8 51
Total liabilities 131,277 150,844
Commitments and contingencies (Note 16)      
Shareholders' equity:    
Common stock, $.01 par value, 40,000 shares authorized; 26,937 and 26,644 shares issued; 26,937 and 26,620 shares outstanding at June 30, 2012 and 2011, respectively 269 266
Capital in excess of par value 64,071 62,329
Retained earnings 102,344 90,713
Treasury stock, at cost, 0 and 24 shares at June 30, 2012 and 2011, respectively   (230)
Accumulated other comprehensive income 1,319 7,743
Total shareholders' equity 168,003 160,821
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 299,280 $ 311,665