Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($) $ in Thousands	Mar. 31, 2018	Jun. 30, 2017
Current Assets
Cash and cash equivalents	$ 2,055	$ 3,039
Accounts receivable, less allowance for doubtful accounts of $362 and $506, respectively	49,529	48,880
Inventories	51,687	50,008
Refundable income tax	340	775
Assets held for sale		1,463
Other current assets	3,339	2,964
Total current assets	106,950	107,129
Property, Plant and Equipment, at cost
Land	6,470	6,429
Buildings	35,880	35,463
Machinery and equipment	82,784	78,804
Construction in progress	1,100	3,805
	126,234	124,501
Less accumulated depreciation	(82,234)	(77,147)
Net property, plant and equipment	44,000	47,354
Goodwill	30,538	58,538
Other Intangible Assets, net	36,098	38,169
Other Long-Term Assets, net	10,781	5,490
Total assets	228,367	256,680
LIABILITIES & SHAREHOLDERS’ EQUITY
Accounts payable	16,353	19,356
Accrued expenses	23,456	26,069
Total current liabilities	39,809	45,425
Long-Term Debt	45,289	49,698
Other Long-Term Liabilities	1,440	1,479
Commitments and Contingencies (Note 12)
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 25,624,299 and 24,429,223 shares, respectively	122,732	120,259
Retained earnings	19,097	39,819
Total shareholders’ equity	141,829	160,078
Total liabilities & shareholders’ equity	$ 228,367	$ 256,680

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).