Consolidated Balance Sheets - USD ($) $ in Thousands	Mar. 31, 2018	Jun. 30, 2017
Current assets:
Cash and cash equivalents	$ 12,277	$ 6,263
Inventories	244,990	221,906
Prepaid expenses	6,242	6,367
Other current assets	1,245	1,982
Total Current Assets	264,754	236,518
Property and equipment, net	122,115	118,397
Deferred financing costs	750	986
Other assets	2,781	2,252
Total Assets	390,400	358,153
Current liabilities:
Accounts payable	86,662	67,326
Accrued liabilities	43,789	44,260
Income taxes payable	77	11
Total Current Liabilities	130,528	111,597
Borrowings under revolving credit facility	44,400	30,500
Deferred rent	21,645	13,883
Asset retirement obligation — non-current	3,100	2,307
Other liabilities — non-current	835	1,027
Total Liabilities	200,508	159,314
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; 47,707,544 shares issued and 45,923,883 shares outstanding at March 31, 2018 and 46,904,295 shares issued and 45,120,634 shares outstanding at June 30, 2017	469	469
Additional paid-in capital	237,299	234,604
Retained deficit	(41,064)	(29,422)
Less: 1,783,661 common shares in treasury, at cost, at March 31, 2018 and 1,783,661 common shares in treasury, at cost, at June 30, 2017	(6,812)	(6,812)
Total Stockholders’ Equity	189,892	198,839
Total Liabilities and Stockholders’ Equity	$ 390,400	$ 358,153