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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2025
Jun. 30, 2024
Current assets:    
Cash and cash equivalents $ 10,611 $ 11,981
Accounts receivable – less allowance for credit losses of $0 at March 31, 2025 and June 30, 2024 11,650 16,891
Inventories, net 26,991 24,249
Income tax receivable 1,355 0
Forward contracts 200 492
Prepaids and other current assets 7,712 7,997
Total current assets 58,519 61,610
Property and equipment, net 50,564 52,211
Operating lease right-of-use assets 41,682 43,537
Deferred tax asset – noncurrent 3,236 3,170
Other noncurrent assets, net 943 1,814
Total assets 154,944 162,342
Current liabilities:    
Accounts payable 12,821 12,740
Accrued liabilities 2,188 2,847
Accrued compensation and employee benefits 2,409 2,090
Customer deposits 1,523 302
Short-term liability – operating leases 2,020 1,194
Forward contracts 49 91
Income taxes payable 0 505
Mortgage note payable, current portion 303 296
Line of credit – current 2,000 3,400
Total current liabilities 23,313 23,465
Long-term liability – operating leases 45,405 46,468
Long-term pension liability 163 141
Mortgage note payable, net of current portion 8,704 8,933
Income taxes payable, noncurrent 740 740
Total liabilities 78,325 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 March 31, 2025 and June 30, 2024, issued and outstanding (net of treasury shares) 6,178,898 at March 31, 2025 and 6,200,185 at June 30, 2024 93 93
Additional paid-in capital 33,432 32,634
Retained earnings 66,607 72,966
Treasury stock, at cost, 3,326,008 shares at March 31, 2025 and 3,280,721 at June 30, 2024 (23,252) (23,076)
Accumulated other comprehensive loss (261) (22)
Total stockholders’ equity 76,619 82,595
Total liabilities and stockholders’ equity $ 154,944 $ 162,342