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Condensed Consolidated Statements of Cash Flows (unaudited) (USD $)
In Thousands, unless otherwise specified
3 Months Ended
Sep. 30, 2012
Sep. 30, 2011
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income $ 2,854 $ 2,529
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation 1,909 2,208
Amortization 363 487
Deferred income taxes 105 297
Equity-based compensation 1,050 956
Changes in operating assets and liabilities:    
Receivables (3,906) 4,699
Inventories (411) (2,620)
Prepaid expenses and other assets 400 (1,234)
Accounts payable (989) (1,465)
Accrued expenses 659 (2,651)
Customer advance payments (101) 760
Other liabilities 63 1,278
Pension and postretirement benefit obligation 67 64
Net cash provided by operating activities 2,063 5,308
CASH FLOWS FROM INVESTING ACTIVITIES:    
Capital expenditures (1,309) (1,979)
Proceeds from deposit on held for sale assets 200  
Maturities of held to maturity securities 5,415 2,411
Purchases of held to maturity securities   (2,516)
Net cash provided by (used in) investing activities 4,306 (2,084)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from long-term debt obligation 8,000  
Payment on long-term debt obligation   (10,000)
Stock options exercised 1,352 2,542
Excess tax benefit from equity-based compensation 453 707
Purchase of treasury stock (8,897) (2,245)
Net cash provided by (used in) financing activities 908 (8,996)
Effect of exchange rates on cash (31) 138
Net increase (decrease) in cash and cash equivalents 7,246 (5,634)
Cash and cash equivalents, beginning of year 21,012 58,388
Cash and cash equivalents, end of period 28,258 52,754
Cash paid during the period for:    
Interest 13 99
Income tax refunds, net   $ (58)