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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2022
Jun. 30, 2021
Current assets    
Cash $ 3,974 $ 6,057
Accounts receivable, net of allowance for doubtful accounts 43,014 28,904
Inventories, net 49,359 25,129
Vendor deposits 1,728 367
Contract assets 1,519 347
Other current assets 6,018 4,419
Total current assets 105,612 65,223
Equipment and improvements, net 13,033 10,594
Operating lease assets 7,480 7,060
Intangible assets, net 26,234 23,677
Goodwill 71,039 63,881
Other assets 7,370 7,415
Total assets 230,768 177,850
Current liabilities    
Accounts payable and accrued expenses 42,026 26,227
Accrued employee expenses 8,508 7,528
Customer deposits 21,288 10,344
Contract liabilities 507 3,232
Current portion of operating lease liabilities 2,518 2,131
Total current liabilities 74,847 49,462
Deferred income taxes, net 4,666 4,208
Long-term operating lease liabilities 5,736 5,567
Long-term debt, net 27,840 11,873
Total liabilities 113,089 71,110
Shareholders' equity    
Preferred stock, $1.00 par value; authorized shares - 200,000; none issued and outstanding
Common stock, $.025 par value; authorized shares - 20,000,000; 0 shares issued at June 30, 2022 and 12,399,137 shares issued at June 30, 2021, including shares held in treasury 316 310
Additional paid-in capital 97,544 90,501
Retained earnings 22,889 18,794
Treasury stock, 0 shares, at cost, at June 30, 2022 and 120,706 shares, at cost, at June 30, 2021 (3,070) (2,865)
Total shareholders' equity 117,679 106,740
Total liabilities and shareholders' equity $ 230,768 $ 177,850