XML 28 R2.htm IDEA: XBRL DOCUMENT v3.25.3
CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Thousands
Sep. 30, 2025
Jun. 30, 2025
Current assets:    
Cash and cash equivalents $ 3,821 $ 6,796
Restricted cash 178 178
Accounts receivable, net of allowance for credit losses of $652 and $650, respectively 23,731 24,758
Inventories 55,192 49,839
Prepaid expenses 4,371 3,975
Total current assets 87,293 85,546
Property, plant and equipment, net 26,700 27,845
Intangible assets, net 8,483 9,033
Right-of-use operating lease assets 35,910 38,347
Other assets 396 461
Total assets 158,782 161,232
Current liabilities:    
Accounts payable 41,456 37,669
Accrued payroll expenses 8,575 12,692
Right-of-use operating lease liabilities - current 16,040 16,773
Other current liabilities 4,085 3,893
Total current liabilities 70,156 71,027
Long-term borrowings under revolving credit facility 18,300 14,300
Accrued pension liabilities 6,945 7,322
Accrued workers’ compensation liabilities 2,619 2,619
Right-of-use operating lease liabilities - noncurrent 20,512 22,195
Other long-term liabilities 245 221
Total liabilities 118,777 117,684
Commitments and contingencies
Stockholders’ equity:    
Common stock, $1.00 par value, 50,000,000 shares authorized; 21,602,012 and 21,560,985 shares issued and outstanding as of September 30, 2025 and June 30, 2025, respectively 21,602 21,561
Additional paid-in capital 82,107 81,666
Accumulated deficit (48,895) (44,870)
Accumulated other comprehensive loss (14,809) (14,809)
Total stockholders’ equity 40,005 43,548
Total liabilities and stockholders’ equity $ 158,782 $ 161,232