XML 21 R8.htm IDEA: XBRL DOCUMENT v3.25.0.1
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Cash Flows from Operating Activities    
Net Income $ 12,329 $ 13,934
Non-cash items included in net income    
Depreciation and amortization 5,958 4,728
Deferred income taxes 558 (591)
Deferred compensation plan 994 943
ESPP discount 110 98
Stock compensation expense 2,188 2,034
Issuance of common shares as compensation 225 225
(Gain) loss on disposition of fixed assets (17) 141
Allowance for credit losses 21 25
Inventory obsolescence reserve 131 234
Changes in certain assets and liabilities    
Accounts receivable (2,661) 5,496
Inventories 1,356 3,330
Refundable income taxes 223 1,087
Accounts payable 130 (6,070)
Accrued expenses and other (44) (6,529)
Customer prepayments 236 783
Net cash flows provided by operating activities 21,737 19,868
Cash Flows from Investing Activities    
Acquisition of EMI 59 (0)
Proceeds from the sale of fixed assets 46 26
Purchases of property, plant and equipment (1,825) (3,349)
Net cash flows used in investing activities (1,838) (3,323)
Cash Flows from Financing Activities    
Payments of long-term debt (96,265) (96,600)
Borrowings of long-term debt 80,222 82,921
Cash dividends paid (2,973) (2,826)
Shares withheld for employees' taxes (578) (244)
Payments on financing lease obligations (168) (156)
Proceeds from stock option exercises 622 1,177
Net cash flows used in financing activities (19,140) (15,728)
Change related to foreign currency (157) 15
Increase in cash and cash equivalents 602 832
Cash and cash equivalents at beginning of period 4,110 1,828
Cash and cash equivalents at end of period $ 4,712 $ 2,660