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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2023
Jun. 30, 2023
CURRENT ASSETS:    
Cash and cash equivalents $ 3,312 $ 3,365
Trade receivables - less allowances: December 31, 2023, $2,460, June 30, 2023, $2,600 31,401 38,168
Inventories 105,238 122,076
Other 8,545 6,417
Assets held for sale 616 616
Total current assets 149,112 170,642
NONCURRENT ASSETS:    
Property, plant and equipment, net 39,848 38,652
Operating lease right-of-use assets 65,341 68,294
Deferred income taxes 7,070 7,154
Other assets 11,105 5,808
TOTAL ASSETS 272,476 290,550
CURRENT LIABILITIES:    
Accounts payable - trade 19,825 24,745
Current portion of operating lease liabilities 7,565 7,179
Accrued liabilities:    
Payroll and related items 7,382 9,955
Insurance 1,989 1,920
Sales and advertising related items 5,427 5,358
Other 6,401 5,948
Total current liabilities 48,589 55,105
LONG-TERM LIABILITIES:    
Operating lease liabilities, less current maturities 61,813 64,974
Line of credit 17,898 28,273
Other liabilities 643 577
Total liabilities 128,943 148,929
SHAREHOLDERS' EQUITY:    
Common stock - $1 par value; authorized 15,000 shares; 8,357 shares issued and 5,163 outstanding as of December 31, 2023; 8,292 shares issued and 5,174 outstanding as of June 30, 2023 8,357 8,292
Additional paid-in capital 37,697 36,605
Treasury stock, at cost; 3,194 shares, and 3,118 shares as of December 31, 2023, and June 30, 2023, respectively (71,499) (70,072)
Retained earnings 168,978 166,796
Total shareholders' equity 143,533 141,621
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 272,476 $ 290,550