XML 16 R2.htm IDEA: XBRL DOCUMENT v3.25.4
CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Thousands
Dec. 31, 2025
Jun. 30, 2025
Current assets:    
Cash and cash equivalents $ 4,186 $ 6,796
Restricted cash 178 178
Accounts receivable, net of allowance for credit losses of $652 and $650, respectively 25,527 24,758
Inventories 49,395 49,839
Prepaid expenses 4,351 3,975
Total current assets 83,637 85,546
Property, plant and equipment, net 25,704 27,845
Intangible assets, net 7,933 9,033
Right-of-use operating lease assets 33,875 38,347
Other assets 301 461
Total assets 151,450 161,232
Current liabilities:    
Accounts payable 38,704 37,669
Accrued payroll expenses 8,199 12,692
Right-of-use operating lease liabilities - current 15,263 16,773
Other current liabilities 3,784 3,893
Total current liabilities 65,950 71,027
Long-term borrowings under revolving credit facility 21,300 14,300
Accrued pension liabilities 6,509 7,322
Accrued workers’ compensation liabilities 2,513 2,619
Right-of-use operating lease liabilities - noncurrent 19,258 22,195
Other long-term liabilities 262 221
Total liabilities 115,792 117,684
Commitments and contingencies
Stockholders’ equity:    
Common stock, $1.00 par value, 50,000,000 shares authorized; 21,720,306 and 21,560,985 shares issued and outstanding as of December 31, 2025 and June 30, 2025, respectively 21,720 21,561
Additional paid-in capital 82,508 81,666
Accumulated deficit (53,761) (44,870)
Accumulated other comprehensive loss (14,809) (14,809)
Total stockholders’ equity 35,658 43,548
Total liabilities and stockholders’ equity $ 151,450 $ 161,232