Consolidated Balance Sheets - USD ($) $ in Thousands	Mar. 31, 2017	Jun. 30, 2016
Current assets:
Cash and cash equivalents	$ 3,747	$ 14,150
Inventories	268,309	242,315
Prepaid expenses	7,388	6,620
Other current assets	259	512
Total Current Assets	279,703	263,597
Property and equipment, net	107,021	94,723
Deferred financing costs	1,065	1,312
Other assets	2,245	2,338
Total Assets	390,034	361,970
Current liabilities:
Accounts payable	75,012	80,853
Accrued liabilities	45,209	43,797
Income taxes payable	104
Total Current Liabilities	120,325	124,650
Revolving credit facility	41,000
Deferred rent	10,537	6,747
Asset retirement obligation — non-current	2,518	2,561
Other liabilities — non-current	360	730
Total Liabilities	174,740	134,688
Commitments and contingencies
Stockholders’ equity:
Preferred stock, par value $0.01 per share, authorized 10,000,000 shares; none issued or outstanding
Common stock, par value $0.01 per share, authorized 100,000,000 shares; 46,908,380 shares issued and 45,124,719 shares outstanding at March 31, 2017 and 46,340,214 shares issued and 44,560,896 shares outstanding at June 30, 2016	469	463
Additional paid-in capital	233,738	230,488
Retained (deficit)/earnings	(12,101)	3,120
Less: 1,783,661 common shares in treasury, at cost, at March 31, 2017 and 1,779,318 common shares in treasury, at cost, at June 30, 2016	(6,812)	(6,789)
Total Stockholders’ Equity	215,294	227,282
Total Liabilities and Stockholders’ Equity	$ 390,034	$ 361,970