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CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Thousands
Dec. 31, 2024
Jun. 30, 2024
Current assets:    
Cash and cash equivalents $ 5,488 $ 5,830
Restricted cash 246 175
Accounts receivable, net of allowance for credit losses of $710 for both periods 35,608 35,147
Inventories 52,771 57,230
Short-term derivative assets 550 11
Prepaid expenses 4,829 4,236
Assets held for sale 352 352
Total current assets 99,844 102,981
Property, plant and equipment, net 30,984 34,002
Intangible assets, net 10,133 11,233
Right-of-use operating lease assets 36,858 35,241
Other assets 1,300 1,756
Total assets 179,119 185,213
Current liabilities:    
Accounts payable 44,629 48,478
Accrued payroll expenses 10,900 10,782
Right-of-use operating lease liabilities - current 16,090 14,046
Short-term derivative liability 2,624 730
Other current liabilities 3,649 2,997
Total current liabilities 77,892 77,033
Long-term borrowings under revolving credit facility 23,300 23,300
Accrued pension liabilities 11,553 12,287
Accrued postretirement benefits 811 789
Accrued workers’ compensation liabilities 2,557 2,378
Right-of-use operating lease liabilities - noncurrent 21,290 21,766
Other long-term liabilities 226 2,111
Total liabilities 137,629 139,664
Commitments and contingencies
Stockholders’ equity:    
Common stock, $1.00 par value, 50,000,000 shares authorized; 21,351,396 and 21,264,327 shares issued and outstanding as of December 31, 2024 and June 30, 2024, respectively 21,351 21,265
Additional paid-in capital 80,913 79,963
Accumulated deficit (35,146) (30,354)
Accumulated other comprehensive loss (25,628) (25,325)
Total stockholders’ equity 41,490 45,549
Total liabilities and stockholders’ equity $ 179,119 $ 185,213