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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2021
Jun. 30, 2021
CURRENT ASSETS:    
Cash and cash equivalents $ 4,087 $ 1,342
Trade receivables - less allowances: December 31, 2021, $3,430, June 30, 2021, $3,240 50,001 55,986
Inventories 179,042 161,125
Other 8,399 9,421
Assets held for sale 616 666
Total current assets 242,145 228,540
NONCURRENT ASSETS:    
Property, plant and equipment, net 38,495 39,783
Operating lease right-of-use assets 41,206 27,057
Other assets 1,908 1,399
TOTAL ASSETS 323,754 296,779
CURRENT LIABILITIES:    
Accounts payable - trade 38,092 67,773
Current portion of operating lease liabilities 6,665 5,833
Accrued liabilities:    
Payroll and related items 5,708 7,662
Insurance 2,961 3,062
Restructuring costs 2,671 1,522
Advertising 6,190 5,196
Environmental remediation 3,570 3,570
Other 5,173 5,133
Total current liabilities 71,030 99,751
LONG-TERM LIABILITIES:    
Operating lease liabilities, less current maturities 37,241 24,317
Lines of Credit 59,734 3,500
Other liabilities 685 1,243
Total liabilities 168,690 128,811
SHAREHOLDERS' EQUITY:    
Common stock - $1 par value; authorized 15,000 shares; 8,153 shares issued and 6,544 outstanding as of December 31, 2021; 8,133 shares issued and 6,848 outstanding as of June 30, 2021 8,153 8,133
Additional paid-in capital 36,001 34,015
Treasury stock, at cost; 1,608 shares and 1,284 shares as of December 31, 2021, and June 30, 2021, respectively (40,978) (31,320)
Retained earnings 151,888 157,140
Total shareholders' equity 155,064 167,968
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 323,754 $ 296,779