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Consolidated Statements Of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Dec. 31, 2023
Dec. 31, 2022
OPERATING ACTIVITIES:    
Net income $ 3,803 $ 3,142
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation 1,899 2,277
Deferred income taxes 84  
Stock-based compensation expense 1,845 1,670
Change in provision for losses on accounts receivable (140) (100)
Loss on disposal of assets 34  
Changes in operating assets and liabilities:    
Trade receivables 6,907 8,541
Inventories 16,838 30,387
Other current assets (2,128) (1,958)
Other assets (5,297)  
Accounts payable - trade (4,991) (14,132)
Accrued liabilities (1,751) (4,914)
Other long-term liabilities 63 (271)
Net cash provided by operating activities 17,166 24,642
INVESTING ACTIVITIES:    
Capital expenditures (3,058) (2,176)
Net cash (used in) investing activities (3,058) (2,176)
FINANCING ACTIVITIES:    
Dividends paid (1,671) (1,678)
Treasury stock purchases (1,427) (2,226)
Proceeds from line of credit 180,524 166,933
Payments on line of credit (190,899) (185,498)
Shares withheld for tax payments on vested restricted shares (688) (407)
Net cash (used in) financing activities (14,161) (22,876)
(Decrease) in cash and cash equivalents (53) (410)
Cash and cash equivalents at beginning of the period 3,365 2,184
Cash and cash equivalents at end of the period 3,312 1,774
SUPPLEMENTAL INFORMATION    
Interest paid 1,104 823
Cash paid for income taxes, net 1,724 1,993
Capital expenditures in accounts payable $ 382 $ 15