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Consolidated Statements Of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Mar. 31, 2024
Mar. 31, 2023
OPERATING ACTIVITIES:    
Net income $ 5,606 $ 4,617
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation 2,940 3,483
Deferred income taxes 74  
Stock-based compensation expense 2,722 2,472
Change in provision for losses on accounts receivable (149) (149)
Loss on disposal of assets 60  
Changes in operating assets and liabilities:    
Trade receivables (567) 4,748
Inventories 25,487 27,901
Other current assets (2,818) (2,622)
Other assets (7,623)  
Accounts payable - trade (3,039) (6,311)
Accrued liabilities 1,561 (3,430)
Other long-term liabilities 107 (247)
Net cash provided by operating activities 24,361 30,462
INVESTING ACTIVITIES:    
Capital expenditures (4,361) (3,597)
Net cash (used in) investing activities (4,361) (3,597)
FINANCING ACTIVITIES:    
Dividends paid (2,446) (3,241)
Treasury stock purchases (1,660) (2,968)
Proceeds from line of credit 270,421 254,482
Payments on line of credit (284,510) (274,494)
Proceeds from issuance of common stock 88  
Shares withheld for tax payments on vested restricted shares (688) (419)
Net cash (used in) financing activities (18,795) (26,640)
Increase in cash and cash equivalents 1,205 225
Cash and cash equivalents at beginning of the period 3,365 2,184
Cash and cash equivalents at end of the period 4,570 2,409
SUPPLEMENTAL INFORMATION    
Interest paid 1,470 1,079
Cash paid for income taxes, net 3,273 2,911
Capital expenditures in accounts payable $ 260 $ 140