Consolidated Balance Sheets - USD ($) $ in Thousands	Jun. 30, 2016	Jun. 30, 2015
Current Assets
Cash and cash equivalents	$ 33,835	$ 26,409
Accounts receivable, less allowance for doubtful accounts of $226 and $317, respectively	46,975	43,661
Inventories	44,141	43,083
Refundable income taxes		99
Prepaid and other current assets	2,792	4,408
Total current assets	127,743	117,660
Land	6,978	6,952
Buildings	39,317	37,706
Machinery and equipment	82,628	76,383
Construction in progress	838	588
	129,761	121,629
Less accumulated depreciation	(82,299)	(78,441)
Net property, plant and equipment	47,462	43,188
Goodwill	10,508	10,508
Other Intangible Assets, net	5,586	6,092
Other Long-Term Assets, net	4,261	3,242
Total assets	195,560	180,690
Current Liabilities
Accounts payable	13,892	14,721
Accrued expenses	25,341	22,126
Total current liabilities	39,233	36,847
Other Long-Term Liabilities	807	891
Shareholders’ Equity
Preferred shares, without par value; Authorized 1,000,000 shares, none issued
Common shares, without par value; Authorized 40,000,000 shares; Outstanding 24,982,219 and 24,392,938 shares, respectively	113,653	106,353
Retained earnings	41,867	36,599
Total shareholders’ equity	155,520	142,952
Total liabilities & shareholders’ equity	$ 195,560	$ 180,690

The aggregate of amounts due from customers or clients, within one year of the balance sheet date (or one operating cycle, if longer), for goods or services that have been delivered or sold in the normal course of business and an amount representing an agreement for an unconditional promise by the maker to pay the entity (holder) a definite sum of money at a future date within one year of the balance sheet, reduced to their estimated net realizable fair value by an allowance established by the entity of the amount it deems uncertain of collection and net of any write-downs taken for collection uncertainty on the part of the holder, respectively.

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Period Type:	instant

- Definition

Carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).