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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2017
Jun. 30, 2016
Current assets:    
Cash $ 593 $ 3,620
Accounts receivable, net 10,488 13,677
Inventories, net 14,369 15,500
Deferred income tax assets   498
Prepaid expenses and other current assets 3,152 3,836
Current assets of discontinued operations 1,452 3,505
Total current assets 30,054 40,636
Property and equipment, net 41,349 41,644
Goodwill 6,412 9,715
Intangible assets, net 19,624 23,066
Other 291 28
Long-term assets of discontinued operations 1,893 5,423
Total assets 99,623 120,512
Current liabilities:    
Accounts payable 8,681 8,469
Accrued expenses and other current liabilities 3,273 2,458
Deferred revenue 1,165 1,457
Bank borrowings, current portion of long-term debt 1,701 15,648
Capital lease obligations, current portion 1,470 837
Accrued escrow obligations, current portion 1,212 2,842
Current liabilities of discontinued operations 283 989
Total current liabilities 17,785 32,700
Long-term debt, net of current portion 42,822 36,769
Deferred income tax liabilities   803
Capital lease obligations, net of current portion 1,888 1,930
Accrued escrow obligations, net of current portion 1,184 966
Other long-term liabilities 1,017 2,115
Long-term liabilities of discontinued operations 260 686
Total liabilities 64,956 75,969
Commitments and contingencies (Note 13)
Equity:    
Preferred stock, $0.001 par value, 2,000,000 shares authorized, no shares issued and outstanding
Common stock, $0.0005 par value, 250,000,000 shares authorized; 18,180,027 shares issued and 18,171,626 shares issued and outstanding at June 30, 2017, and 18,803,910 shares issued and 18,795,509 shares issued and outstanding at June 30, 2016 10 10
Treasury stock, at cost; 8,401 shares at June 30, 2017 and June 30, 2016 (94) (94)
Additional paid-in capital 31,109 29,702
Retained earnings 3,569 13,771
Accumulated other comprehensive income (loss) 73 (6)
Total ARC Group Worldwide, Inc. stockholders' equity 34,667 43,383
Non-controlling interest 0 1,160
Total equity 34,667 44,543
Total liabilities and equity $ 99,623 $ 120,512