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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Cash flows from operating activities    
Net loss $ (1,982) $ (695)
Adjustments to reconcile net loss to net cash (used in) provided by operating activities:    
Depreciation and amortization 1,127 1,148
Deferred income taxes 0 1
Non-cash compensation 276 302
Non-cash lease expense 2,465 1,081
Pension expense, net of contributions 3 (11)
Changes in operating assets and liabilities:    
Accounts receivable (732) (2,730)
Inventories, net (1,678) 6,390
Prepaids and other assets (486) (1,072)
Accounts payable and accrued liabilities (2,275) 229
Forward contracts 130 1,057
Accrued compensation and employee benefits 765 121
Operating lease liabilities (636) (867)
Income taxes (420) (458)
Net cash (used in) provided by operating activities (3,443) 4,496
Cash flows from investing activities    
Purchases of property and equipment (301) (1,278)
Net cash used in investing activities (301) (1,278)
Cash flows from financing activities    
Borrowings on line of credit 2,000 0
Payments on long-term debt (73) (73)
Repurchase of common stock (8) 0
Net cash provided by (used in) financing activities 1,919 (73)
Net (decrease) increase in cash and cash equivalents (1,825) 3,145
Cash and cash equivalents at beginning of period 11,981 13,604
Cash and cash equivalents at end of period 10,156 16,749
Supplemental disclosures of cash flow information    
Interest 155 50
Income taxes $ 0 $ 251