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Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2020
Jun. 30, 2019
Current assets:    
Cash and cash equivalents $ 33,315 $ 25,040
Accounts receivable - less allowance for doubtful accounts of $3,282 at March 31, 2020 and $25 at June 30, 2019 12,379 15,964
Inventories, net 26,111 26,003
Income tax receivable 1,623 901
Forward contracts 1,587 1,978
Prepaids and other current assets 1,973 1,500
Total current assets 76,988 71,386
Property and equipment, net 21,398 21,085
Operating lease right-of-use assets 18,881
Other noncurrent assets, net 1,088 1,019
Total assets 118,355 93,490
Current liabilities:    
Accounts payable 10,674 8,634
Accrued liabilities 2,398 2,782
Accrued compensation and employee benefits 1,308 1,615
Income taxes payable 1,425 1,219
Line of credit – current 10,000
Total current liabilities 25,805 14,250
Long-term liability – Operating leases 19,230
Long-term pension liability 267 246
Deferred rent 543
Income taxes payable, noncurrent 1,349 1,349
Deferred income taxes (955) (1,018)
Total liabilities 47,606 17,406
Commitments and contingencies (Note L)
Stockholders’ equity:    
Preferred stock; $.01 par value; 500,000 shares authorized; none issued or outstanding 0 0
Common stock; $.01 par value; 20,000,000 shares authorized; issued and outstanding (net of treasury shares) 6,791,396 at March 31, 2020 and 7,225,072 at June 30, 2019 87 87
Additional paid-in capital 27,631 26,280
Retained earnings 54,485 57,380
Treasury stock, at cost, 2,065,281 shares at March 31, 2020 and 1,626,605 June 30, 2019 (11,437) (7,955)
Accumulated other comprehensive (loss) gain (17) 292
Total stockholders’ equity 70,749 76,084
Total liabilities and stockholders’ equity $ 118,355 $ 93,490