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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2022
Jun. 30, 2021
CURRENT ASSETS:    
Cash and cash equivalents $ 2,184 $ 1,342
Trade receivables - less allowances: 2022, $2,980; 2021, $3,240 41,106 55,986
Inventories 141,212 161,125
Other 4,950 9,421
Assets held for sale 616 666
Total current assets 190,068 228,540
NONCURRENT ASSETS:    
Property, plant and equipment, net 38,543 39,783
Operating lease right-of-use assets 38,189 27,057
Other assets 1,941 1,399
TOTAL 268,741 296,779
CURRENT LIABILITIES:    
Accounts payable - trade 32,147 67,773
Current portion of operating lease liabilities 6,361 5,833
Accrued liabilities:    
Payroll and related items 6,385 7,662
Insurance 2,158 3,062
Restructuring costs 1,290 1,522
Advertising 4,052 5,196
Environmental remediation 3,570 3,570
Other 8,664 5,133
Total current liabilities 64,627 99,751
LONG-TERM LIABILITIES:    
Operating lease liabilities, less current maturities 33,992 24,317
Lines of credit 37,739 3,500
Other liabilities 823 1,243
Total liabilities 137,181 128,811
COMMITMENTS AND CONTINGENCIES (Note 13)
SHAREHOLDERS' EQUITY:    
Common stock - $1 par value; authorized 15,000 shares; 8,190 shares issued and 5,300 shares outstanding as of June 30, 2022, and 8,133 shares issued and 6,848 shares outstanding as of June 30, 2021 8,190 8,133
Additional paid-in capital 34,467 34,015
Treasury stock, at cost; 2,890 shares and 1,284 shares as of June 30, 2022 and 2021, respectively (66,372) (31,320)
Retained earnings 155,275 157,140
Total shareholders' equity 131,560 167,968
TOTAL $ 268,741 $ 296,779