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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Dec. 31, 2018
Dec. 31, 2017
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income $ 4,373 $ 2,123
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 668 672
(Recovery of) provision for doubtful accounts (13) 20
Deferred income taxes 100 (817)
Non-cash stock based compensation expense 152 136
Changes in operating assets and liabilities:    
Accounts receivable 4,671 2,894
Inventories (4,608) (1,287)
Prepaid expenses and other current assets 565 190
Other assets (11) (151)
Accounts payable, accrued expenses, accrued salaries and wages, accrued income taxes 449 (956)
Net Cash Provided by Operating Activities 6,346 2,824
CASH FLOWS FROM INVESTING ACTIVITIES    
Purchases of property, plant, and equipment (1,119) (651)
Net Cash Used in Investing Activities (1,119) (651)
CASH FLOWS FROM FINANCING ACTIVITIES    
Principal payments on long-term debt 0 (1,500)
Proceeds from stock option exercises 24 16
Cash paid for purchase of treasury stock (2,638) (194)
Net Cash Used in Financing Activities (2,614) (1,678)
Net Change in Cash and Cash Equivalents 2,613 495
CASH AND CASH EQUIVALENTS - Beginning 5,308 3,454
CASH AND CASH EQUIVALENTS - Ending 7,921 3,949
SUPPLEMENTAL CASH FLOW INFORMATION    
Interest paid, net 17 45
Income taxes paid 258 184
Surrender of Common Shares $ 5 $ 3