| Jun'19 | Jun'18 | Jun'17 | Jun'16 | Jun'15 | Jun'14 | Jun'13 | Jun'12 | Jun'11 |
|---|---|---|---|---|---|---|---|---|
Cash Flows from Operating Activities: | ||||||||
Net (loss) income | ||||||||
2,342 | 3,075 | 1,135 | 3,175 | 3,183 | 1,167 | 5,562 | 4,390 | 3,857 |
Adjustments to reconcile net income to net cash provided by (used in) operating activities: | ||||||||
Excess tax benefits from share-based compensation | ||||||||
- | - | 9 | 17 | 26 | 26 | 16 | 40 | -10 |
Bad debt expense | ||||||||
69 | - | - | - | - | - | - | - | - |
Tax effect of dividends on unallocated ESOP shares | ||||||||
- | - | 20 | 35 | 24 | 0 | - | - | - |
Stock-based compensation | ||||||||
172 | 123 | 129 | 97 | 62 | 99 | 115 | 98 | 66 |
Depreciation | ||||||||
540 | 429 | 435 | 434 | 445 | 452 | 418 | 426 | 467 |
ESOP compensation expense | ||||||||
390 | 387 | 417 | 443 | 457 | 552 | 528 | 507 | 502 |
Loss on disposal of assets | ||||||||
-0 | - | -0 | -0 | -0 | -0 | -6 | -21 | 99 |
Deferred income tax (benefit) expense | ||||||||
258 | 115 | -46 | 57 | -66 | 183 | -22 | -111 | 12 |
Changes in assets and liabilities: | ||||||||
Decrease (increase) in trade receivable, net | ||||||||
6,687 | 978 | -1,557 | -1,736 | 3,499 | -4,009 | 3,986 | -3,048 | -771 |
(Increase) decrease in income taxes receivable | ||||||||
-161 | 41 | -218 | 314 | -943 | 943 | - | - | - |
Increase in inventories, net | ||||||||
1,816 | 363 | -1,054 | -852 | 974 | -762 | -271 | 1,066 | 362 |
(Increase) decrease in prepaid expenses and other current assets | ||||||||
-798 | 1,065 | 7 | 7 | 34 | -137 | 115 | -8 | -23 |
(Decrease) increase in accounts payable | ||||||||
337 | -427 | 1,697 | -423 | 248 | -545 | -35 | -144 | -153 |
Increase (decrease) in accrued salaries and wages | ||||||||
-199 | 356 | -185 | 25 | -81 | 43 | -47 | 5 | 209 |
(Decrease) increase in vacation accrual | ||||||||
79 | 51 | -48 | 13 | -2 | -54 | 40 | - | - |
Decrease in ESOP payable | ||||||||
- | - | - | - | - | - | - | 84 | 79 |
Increase in other accrued expenses | ||||||||
5 | -145 | 53 | -352 | -31 | -49 | 187 | 321 | -56 |
(Decrease) increase in payroll and other taxes withheld | ||||||||
8 | 6 | -2 | 2 | -6 | 2 | 6 | 0 | -2 |
Increase (decrease) in contract liabilities | ||||||||
-96 | -1,263 | - | - | - | - | - | - | - |
Increase in income taxes payable | ||||||||
30 | - | - | - | - | - | - | - | - |
Decrease in income taxes payable | ||||||||
- | - | - | - | 29 | -404 | 373 | -163 | 273 |
Net cash provided by (used in) operating activities | ||||||||
-3,604 | 260 | 6,420 | 5,759 | - | 5,387 | 3,285 | 7,386 | 4,913 |
Net cash provided by operating activities | ||||||||
- | - | - | - | 671 | - | - | - | - |
Cash Flows from Investing Activities: | ||||||||
Additions to property, plant and equipment | ||||||||
608 | 1,923 | 352 | 284 | 266 | 709 | 322 | 267 | 607 |
Proceeds on sale of assets | ||||||||
- | - | - | - | - | - | - | - | 54 |
Payment for loan receivable | ||||||||
- | - | - | - | - | - | - | - | 125 |
Proceeds from loan receivable | ||||||||
- | - | - | - | - | 25 | 42 | 40 | 28 |
Purchase of investment securities | ||||||||
6,039 | 11,199 | 8,922 | 4,930 | 3,921 | 3,456 | 7,359 | 4,523 | - |
Proceeds from sale/maturity of investment securities | ||||||||
11,882 | 9,102 | 5,071 | 3,514 | 4,668 | 2,436 | 6,649 | 3,287 | - |
Purchase of investment securities | ||||||||
- | - | - | - | - | - | - | - | 3,091 |
Maturity of investment securities | ||||||||
- | - | - | - | - | - | - | - | 8,256 |
Net cash (used in) provided by investing activities | ||||||||
5,234 | -4,020 | -4,202 | -1,699 | - | -1,705 | -990 | -1,463 | 4,515 |
Net cash used in investing activities | ||||||||
- | - | - | - | 481 | - | - | - | - |
Cash Flows from Financing Activities: | ||||||||
Dividends on common stock | ||||||||
4,736 | 2,329 | 2,307 | 2,846 | 1,698 | 4,481 | - | - | 4,080 |
Sale of treasury stock | ||||||||
- | - | - | - | - | - | 66 | 58 | 12 |
Dividends on common stock | ||||||||
- | - | - | - | - | - | -4,356 | -4,116 | - |
Purchase of treasury stock | ||||||||
44 | 109 | 44 | 355 | 320 | 0 | 150 | 143 | - |
Purchase of treasury stock | ||||||||
- | - | - | - | - | - | - | - | 575 |
Proceeds from exercise of stock options | ||||||||
315 | 439 | 150 | 296 | 141 | 441 | 493 | 65 | 424 |
Excess tax benefits from share-based compensation | ||||||||
- | - | 9 | 17 | 26 | 26 | 16 | 40 | 10 |
Net cash used in financing activities | ||||||||
- | - | - | - | -1,850 | - | - | - | - |
Net cash used in financing activities | ||||||||
-4,466 | -2,000 | -2,191 | -2,888 | - | -4,013 | -3,930 | -4,095 | -4,208 |
Increase (decrease) in cash and cash equivalents | ||||||||
-2,836 | -5,759 | 26 | 1,172 | -697 | -331 | -1,634 | 1,827 | 5,220 |
Supplemental Schedule of Cash Flow Information: | ||||||||
Income taxes paid | ||||||||
87 | 920 | 323 | 1,511 | 384 | 1,462 | 1,960 | 1,966 | 1,238 |
Supplemental Schedule of Non-cash Financing Activities | ||||||||
Accrual of dividends | ||||||||
- | - | - | - | 590 | 0 | - | - | - |