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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
12 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Operating activities:    
Net income $ 165,600 $ 8,700
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 428,900 434,800
Impairment of intangible assets 212,700 0
Gain on sale of property and equipment (300)  
Deferred income tax benefit (149,200) (34,700)
Loss on sale of investment securities 0 4,200
Income tax benefit of stock options exercised 0 4,900
Stock-based compensation 11,800 10,900
Change in fair value of contingent consideration 110,000 0
Changes in operating assets and liabilities:    
Trade accounts receivable (150,200) (325,000)
Inventories (198,400) 95,500
Prepaid and other current assets 21,400 54,500
Other assets 0 (24,300)
Accounts payable 114,800 (146,100)
Customer advances (76,400) (13,100)
Accrued expenses and taxes 389,700 77,100
Total adjustments 714,800 138,700
Net cash provided by operating activities 880,400 147,400
Investing activities:    
(Increase) decrease in restricted cash 300,000 (300,000)
Proceeds from sale of property and equipment 3,000 0
Purchase of investment securities, available for sale (2,700) (3,800)
Redemption of investment securities, available-for-sale 0 127,000
Capital expenditures (92,000) (67,300)
Purchase of other intangible assets (13,900) (6,600)
Net cash prodived by (used in) investing activities 194,400 (250,700)
Financing activities:    
Proceeds from notes 20,000 200,000
Line of credit proceeds 970,000 250,000
Line of credit repayments (970,000) (250,000)
Payments for contingent consideration (130,800) (132,900)
Proceeds from exercise of stock options 0 51,200
Principal payments on note payable (201,000) (26,700)
Net cash provided by (used in) financing activities (311,800) 91,600
Net increase (decrease) in cash and cash equivalents 763,000 (11,700)
Cash and cash equivalents, beginning of year 482,000 493,700
Cash and cash equivalents, end of year 1,245,000 482,000
Cash paid during the period for:    
Income Taxes 34,500 1,800
Interest $ 33,900 $ 4,200