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Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2023
Jun. 30, 2022
CURRENT ASSETS:    
Cash and cash equivalents $ 2,409 $ 2,184
Trade receivables - less allowances: March 31, 2023, $2,831, June 30, 2022, $2,980 36,507 41,106
Inventories 113,311 141,212
Other 7,572 4,950
Assets held for sale 616 616
Total current assets 160,415 190,068
NONCURRENT ASSETS:    
Property, plant and equipment, net 38,405 38,543
Operating lease right-of-use assets 67,024 38,189
Other assets 1,943 1,941
TOTAL ASSETS 267,787 268,741
CURRENT LIABILITIES:    
Accounts payable - trade 25,584 32,147
Current portion of operating lease liabilities 7,778 6,361
Accrued liabilities:    
Payroll and related items 8,098 6,385
Insurance 2,425 2,158
Restructuring costs   1,290
Advertising 4,368 4,052
Environmental remediation   3,570
Other 5,524 8,664
Total current liabilities 53,777 64,627
LONG-TERM LIABILITIES:    
Operating lease liabilities, less current maturities 62,902 33,992
Lines of credit 17,727 37,739
Other liabilities 578 823
Total liabilities 134,984 137,181
SHAREHOLDERS' EQUITY:    
Common stock - $1 par value; authorized 15,000 shares; 8,247 shares issued and 5,169 outstanding as of March 31, 2023; 8,190 shares issued and 5,300 outstanding as of June 30, 2022 8,247 8,190
Additional paid-in capital 36,463 34,467
Treasury stock, at cost; 3,038 shares, and 2,890 shares as of December March 31, 2023, and June 30, 2022, respectively (69,340) (66,372)
Retained earnings 157,433 155,275
Total shareholders' equity 132,803 131,560
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 267,787 $ 268,741