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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Cash flows from operating activities    
Net (loss) income $ (7,217) $ 2,522
Adjustments to reconcile net (loss) income to net cash (used in) provided by operating activities:    
Recoveries of uncollectible accounts receivable 0 (1,424)
Depreciation and amortization 4,647 4,250
Deferred income taxes (2,907) (974)
Non-cash lease expenses 6,083 2,831
Non-cash compensation 1,200 1,015
Pension expense, net of contributions 46 81
Gain on disposal of assets 0 (51)
Changes in operating assets and liabilities:    
Accounts receivable (9,869) 11,823
Inventories 5,445 2,781
Operating lease liabilities (3,003) (2,134)
Prepaids and other assets (1,597) (4,362)
Accounts payable and accrued liabilities 5,387 (8,606)
Forward contracts 372 863
Income taxes 189 (169)
Accrued compensation and employee benefits (273) (1,427)
Net cash (used in) provided by operating activities (1,497) 7,019
Cash flows from investing activities    
Purchases of property and equipment (3,017) (13,524)
Proceeds from sale of property and equipment 0 57
Net cash used in investing activities (3,017) (13,467)
Cash flows from financing activities    
Borrowings on line of credit 3,400 0
Repurchase of common stock (221) (1,503)
Payments on long-term debt (288) (278)
Net cash provided by (used in) financing activities 2,891 (1,781)
Net decrease in cash and cash equivalents (1,623) (8,229)
Cash and cash equivalents at beginning of year 13,604 21,833
Cash and cash equivalents at end of year 11,981 13,604
Supplemental disclosures of cash flow information    
Income taxes 463 1,842
Interest $ 285 $ 802