XML 41 R6.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Cash flows from operating activities    
Net income $ 572 $ 4,740
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 1,966 1,597
Non-cash sales discount 490
Non-cash compensation 892 809
Pension expense, net of contributions 9 25
Loss (gain) on disposal of assets 122 (1)
Changes in operating assets and liabilities:    
Accounts receivable, net 1,737 1,086
Inventories, net 3,353 92
Operating lease right-of-use assets and liabilities, net 96
Prepaids and other assets (612) (1,094)
Accounts payable and accrued liabilities (2,687) (546)
Accrued compensation and employee benefits (733) 380
Income taxes 93 609
Net cash provided by operating activities 4,808 8,187
Cash flows from investing activities    
Purchases of property and equipment (1,633) (2,662)
Proceeds from sale of property and equipment 17 19
Proceeds from collection of notes receivable 1,500
Net cash used in investing activities (1,616) (1,143)
Cash flows from financing activities    
Repurchase of common stock (1,332) (430)
Issuance of common stock 38
Net cash used in financing activities (1,332) (392)
Net increase in cash and cash equivalents 1,860 6,652
Cash and cash equivalents at beginning of period 25,040 23,613
Cash and cash equivalents at end of period 26,900 30,265
Supplemental disclosures of cash flow information    
Interest 11 7
Taxes 18 733
Disclosure of non-cash activities:    
Unrealized (loss) gain resulting from change in fair value of derivative instruments, net of tax $ (516) $ 1,235