XML 13 R2.htm IDEA: XBRL DOCUMENT v2.4.0.8
CONDENSED CONSOLIDATED BALANCE SHEETS (In thousands, except share amounts) (Unaudited) (USD $)
In Thousands, unless otherwise specified
Mar. 30, 2014
Jun. 30, 2013
CURRENT ASSETS    
Cash and cash equivalents $ 365 $ 919
Accounts receivable, less allowance for bad debts of $417 and $228, respectively 3,679 3,139
Notes receivable 123 292
Inventories 1,601 1,615
Income tax receivable 343 343
Deferred income tax assets 943 882
Prepaid expenses and other 336 307
Total current assets 7,390 7,497
LONG-TERM ASSETS    
Property, plant and equipment, net 5,652 4,711
Long-term notes receivable 14 40
Long-term deferred tax asset 657 168
Deposits and other 430 119
Total assets 14,143 12,535
CURRENT LIABILITIES    
Accounts payable - trade 2,178 1,572
Accrued expenses 1,611 1,749
Deferred revenues 154 169
Bank debt 375 669
Total current liabilities 4,318 4,159
LONG-TERM LIABILITIES    
Bank debt, net of current portion 750 1,856
Deferred revenues, net of current portion 680 370
Deferred gain on sale of property 40 59
Other long-term liabilities 70 22
Total liabilities 5,858 6,466
COMMITMENTS AND CONTINGENCIES (See Note 3)      
SHAREHOLDERS' EQUITY    
Common stock, $.01 par value; authorized 26,000,000 shares; issued 15,849,615 and 15,312,680 shares, respectively; outstanding 8,730,215 and 8,193,280 shares, respectively 158 153
Additional paid-in capital 13,584 10,174
Retained earnings 19,179 20,378
Treasury stock at cost Shares in treasury: 7,119,400 (24,636) (24,636)
Total shareholders' equity 8,285 6,069
Total Liabilities and Stockholders equity $ 14,143 $ 12,535