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Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Jun. 30, 2012
Cash flows from operating activities:      
Net income/(loss) $ (10,176) $ (56,376) $ 3,913
Adjustments to reconcile net income/(loss) to net cash provided by/(used in) operating activities:      
Depreciation 12,188 13,452 14,516
Amortization of financing fees 595 592 760
Share-based compensation expense 2,975 1,988 1,987
Loss on disposal of assets 1,271 6,161 460
Deferred income taxes 2,861 (7,139) (572)
Other non-cash items   54 35
Change in operating assets and liabilities:      
Inventories 4,391 53,548 (1,422)
Prepaid and other current assets 2,003 2,438 2,327
Other assets 479 328 247
Accounts payable 13,326 (25,051) 35,753
Accrued liabilities 3,899 4,930 1,536
Other liabilities non-current (2,289) 2,289  
Deferred rent (164) (377) 64
Income taxes payable (161) (25) (123)
Net cash provided by/(used in) operating activities 31,198 (3,188) 59,481
Cash flows from investing activities:      
Capital expenditures (13,434) (9,608) (13,765)
Proceeds from sale of assets 45 250  
Net cash used in investing activities (13,389) (9,358) (13,765)
Cash flows from financing activities:      
Borrowings under revolving credit facility 25,100 94,655 92,338
Repayments under revolving credit facility (25,100) (94,655) (92,338)
Change in cash overdraft     (18,791)
Proceeds from the exercise of employee stock options 3,301 1,808 77
Excess tax benefit related to exercise of stock options     288
Purchase of treasury stock (320) (106) (6,092)
Payment of financing fees     (858)
Net cash provided by/(used in) financing activities 2,981 1,702 (25,376)
Net increase/(decrease) in cash and cash equivalents 20,790 (10,844) 20,340
Cash and cash equivalents, beginning of period 28,896 39,740 19,400
Cash and cash equivalents, end of period 49,686 28,896 39,740
Supplemental cash flow information:      
Interest paid 844 1,016 1,422
Income taxes (refunds received) paid $ (4,819) $ 73 $ (392)