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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Cash flows from operating activities    
Net income $ 2,490 $ 1,213
Adjustments to reconcile net income to net cash used in operating activities:    
Depreciation and amortization 458 478
Non-cash compensation 250 130
Pension expense 50 13
(Gain) loss on disposal of assets (19) (232)
Changes in operating assets and liabilities:    
Accounts receivable, net 649 528
Inventories, net (2,545) (6,222)
Prepaids and other assets 35 (60)
Accounts payable and accrued liabilities (875) 1,385
Income taxes 514 711
Accrued compensation and employee benefits (1,131) (212)
Net cash used in operating activities (124) (2,268)
Cash flows from investing activities    
Purchases of property and equipment (1,716) (239)
Proceeds from sale of property and equipment 19 568
Net cash (used in) provided by investing activities (1,697) 329
Cash flows from financing activities    
Repurchase of common stock (79) (172)
Net cash used in financing activities (79) (172)
Net decrease in cash and cash equivalents (1,900) (2,111)
Cash and cash equivalents at beginning of period 19,747 18,551
Cash and cash equivalents at end of period 17,847 16,440
Supplemental disclosures of cash flow information    
Interest
Taxes 593 153
Disclosure of non-cash activities:    
Change in unrealized (loss) gain resulting from change in fair value of derivative instruments, net of tax $ (390) $ 44