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Condensed Consolidated Statements of Cash Flows (unaudited) (USD $)
In Thousands, unless otherwise specified
6 Months Ended
Dec. 31, 2012
Dec. 31, 2011
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income $ 6,366 $ 3,703
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation 3,830 4,166
Amortization 680 972
Deferred income taxes 693 511
Equity-based compensation 2,047 1,946
Changes in operating assets and liabilities:    
Receivables (2,762) 3,444
Inventories (1,745) (3,258)
Prepaid expenses and other assets (1,010) (961)
Accounts payable (2,041) (510)
Accrued expenses 224 (3,288)
Customer advance payments (139) 315
Other liabilities 732 771
Pension and postretirement benefit obligation 48 41
Net cash provided by operating activities 6,923 7,852
CASH FLOWS FROM INVESTING ACTIVITIES:    
Capital expenditures (2,184) (4,371)
Proceeds from sale of Salem facility 5,230  
Maturities of held to maturity securities 9,065 3,269
Purchases of held to maturity securities   (3,172)
Net cash provided by (used in) investing activities 12,111 (4,274)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from long-term debt obligation 8,000  
Payment on long-term debt obligation   (30,000)
Stock options exercised 1,476 4,229
Excess tax benefit 554 684
Purchase of treasury stock (20,111) (6,573)
Net cash used in financing activities (10,081) (31,660)
Effect of exchange rates on cash 14 207
Net increase (decrease) in cash and cash equivalents 8,967 (27,875)
Cash and cash equivalents, beginning of period 21,012 58,388
Cash and cash equivalents, end of period 29,979 30,513
Cash paid during the period for:    
Interest 66 214
Income tax payments, net $ 2,543 $ 1,476