XML 24 R9.htm IDEA: XBRL DOCUMENT v3.25.2
CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
12 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2023
Cash Flows from Operating Activities      
Segment Profit $ 43,406,000 $ 49,818,000 $ 27,127,000
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 2,276,000 2,163,000 1,930,000
Gain on disposal of fixed asset     (15,000)
Change in accrued Interest on other investments   31,000 (470,000)
Unrealized (gain) loss on marketable securities (177,000) (56,000) 80,000
Realized (gain) loss on sales of marketable securities (56,000)    
(Recovery of) credit losses (7,000) (99,000) (112,000)
Change to inventory reserve 643,000 1,691,000 (445,000)
Deferred income taxes (1,048,000) (2,776,000) (2,818,000)
Stock-based compensation expense 1,513,000 1,733,000 1,464,000
Changes in operating assets and liabilities:      
Accounts receivable 1,797,000 (5,730,000) 3,261,000
Inventories 7,995,000 (3,255,000) 1,883,000
Prepaid expenses and other current assets 1,071,000 (867,000) (564,000)
Income tax receivable 48,000 2,000 (75,000)
Other assets 86,000 25,000 35,000
Accounts payable, accrued expenses, accrued salaries and wages, accrued income taxes (4,020,000) 2,688,000 (6,581,000)
Net Cash Provided by Operating Activities 53,527,000 45,368,000 24,700,000
Cash Flows from Investing Activities      
Purchases of property, plant, and equipment (2,116,000) (1,594,000) (2,962,000)
Proceeds from disposal of fixed asset     38,000
Purchases of marketable securities (12,835,000) (206,000) (148,000)
Proceeds from sales of marketable securities 2,556,000    
Purchases of other investments   (1,351,000) (35,281,000)
Redemption of other investments 26,980,000   10,091,000
Net Cash Provided by (Used in) Investing Activities 14,585,000 (3,151,000) (28,262,000)
Cash Flows from Financing Activates      
Proceeds from stock option exercises 54,000 427,000 85,000
Dividends paid (13,632,000) (13,258,000) (2,298,000)
Repurchase of common stock (36,794,000)    
Net Cash Used in Financing Activities (50,372,000) (12,831,000) (2,213,000)
Net increase (decrease) in Cash and Cash Equivalents 17,740,000 29,386,000 (5,775,000)
Cash and Cash Equivalents - Beginning 65,341,000 35,955,000 41,730,000
Cash and Cash Equivalents - Ending 83,081,000 65,341,000 35,955,000
Supplemental Cash Flow Information      
Interest paid   14,000 16,000
Income taxes paid 8,427,000 $ 9,330,000 $ 8,811,000
Non-Cash Investing and Financing Transactions      
Dividends declared and not paid $ 4,992,000