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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2024
Jun. 30, 2024
Current assets:    
Cash and cash equivalents $ 10,156 $ 11,981
Accounts receivable – less allowance for credit losses of $0 at September 30, 2024 and June 30, 2024 17,623 16,891
Inventories, net 25,927 24,249
Forward contracts 31 492
Prepaids and other current assets 8,744 7,997
Total current assets 62,481 61,610
Property and equipment, net 51,060 52,211
Operating lease right-of-use assets 42,919 43,537
Deferred tax asset – noncurrent 3,334 3,170
Other noncurrent assets, net 1,476 1,814
Total assets 161,270 162,342
Current liabilities:    
Accounts payable 9,945 12,740
Accrued liabilities 2,709 2,847
Accrued compensation and employee benefits 2,855 2,090
Customer deposits 636 302
Short-term liability – operating leases 1,962 1,194
Forward contracts 543 91
Income taxes payable 85 505
Mortgage note payable, current portion 298 296
Line of credit – current 5,400 3,400
Total current liabilities 24,433 23,465
Long-term liability – operating leases 46,910 46,468
Long-term pension liability 144 141
Mortgage note payable, net of current portion 8,858 8,933
Income taxes payable, noncurrent 740 740
Total liabilities 81,085 79,747
Commitments and contingencies (Notes E, F, and 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 at September 30, 2024 and June 30, 2024, issued and outstanding (net of treasury shares) 6,198,778 at September 30, 2024 and 6,200,185 at June 30, 2024 93 93
Additional paid-in capital 32,910 32,634
Retained earnings 70,984 72,966
Treasury stock, at cost, 3,282,128 shares at September 30, 2024 and 3,280,721 at June 30, 2024 (23,084) (23,076)
Accumulated other comprehensive loss (718) (22)
Total stockholders’ equity 80,185 82,595
Total liabilities and stockholders’ equity $ 161,270 $ 162,342