| Jun'19 | Jun'18 | Jun'17 | Jun'16 | Jun'15 | Jun'14 | Jun'13 | Jun'12 | Jun'11 |
|---|---|---|---|---|---|---|---|---|
Operating activities: | ||||||||
Net income (loss) | ||||||||
3,743 | 3,966 | 3,167 | 1,740 | 1,671 | 1,620 | 1,607 | 511 | 603 |
Adjustments to reconcile net income to net cash provided (used) by operating activities: | ||||||||
Depreciation and amortization | ||||||||
2,743 | 1,579 | 576 | 61 | 58 | 59 | 57 | 49 | 55 |
Amortization of debt discount | ||||||||
95 | 18 | 10 | 0 | - | - | - | - | - |
Provision for bad debt expense | ||||||||
283 | 105 | 61 | 26 | 21 | 5 | 20 | 26 | 10 |
Share-based compensation | ||||||||
1,740 | 1,575 | 421 | 0 | - | - | - | - | - |
Inventory reserve | ||||||||
86 | 77 | 52 | -5 | 25 | -2 | -19 | 0 | -50 |
Provision for deferred income taxes | ||||||||
861 | 682 | -3 | - | - | - | - | - | - |
Provision for deferred income taxes | ||||||||
- | - | - | 5 | -18 | 10 | 28 | 25 | 36 |
Gain on sale of assets | ||||||||
- | - | -15 | 0 | - | - | - | - | - |
(Increase) decrease in operating assets: | ||||||||
Accounts receivable | ||||||||
8,934 | -3,773 | 2,390 | -66 | 1,022 | -1,311 | 859 | 199 | -52 |
Inventories | ||||||||
4,335 | 1,884 | 838 | -186 | -1 | 835 | -393 | 81 | -416 |
Vendor deposits | ||||||||
-203 | -826 | -1,356 | 803 | -340 | - | - | - | - |
Contract assets | ||||||||
1,475 | 926 | - | - | - | - | - | - | - |
Contract assets | ||||||||
- | - | 86 | - | - | - | - | - | - |
Refundable income taxes | ||||||||
- | - | - | - | 134 | 62 | -18 | - | - |
Lease and mortgage receivables | ||||||||
- | - | - | - | - | -53 | 8 | -31 | 10 |
Refundable income taxes | ||||||||
- | - | - | - | - | - | - | 18 | 0 |
Other assets | ||||||||
988 | 533 | -1,055 | 380 | -4 | -39 | 369 | 25 | 11 |
Increase (decrease) in operating liabilities: | ||||||||
Accounts payable and accrued expenses | ||||||||
2,381 | -4,321 | 2,040 | 1,483 | -3,346 | 3,496 | 331 | -98 | 208 |
Accrued employee expenses | ||||||||
241 | 2,702 | 335 | 337 | -282 | -553 | 895 | -56 | 22 |
Customer deposits | ||||||||
-5,964 | 5,593 | - | - | - | - | - | - | - |
Contract liabilities | ||||||||
595 | -1,887 | - | - | - | - | - | - | - |
Income taxes payable | ||||||||
- | - | - | - | - | -166 | 166 | -47 | 41 |
Deferred income | ||||||||
- | - | - | -9 | 20 | -16 | -3 | 20 | 0 |
Customer deposits | ||||||||
- | - | -1,439 | -1,266 | -1,191 | 1,198 | 1,403 | -99 | 389 |
Contract liabilities | ||||||||
- | - | -1,742 | 0 | - | - | - | - | - |
Net cash provided by operating activities | ||||||||
- | - | - | - | -3,850 | - | - | - | - |
Net cash provided (used) by operating activities | ||||||||
-8,725 | 11,345 | 2,590 | 1,441 | - | 6,158 | 3,660 | 38 | 868 |
Investing activities: | ||||||||
Capital expenditures | ||||||||
2,979 | 829 | 237 | 1 | 58 | 65 | 23 | 65 | 23 |
Cash paid for acquisitions, net of cash acquired | ||||||||
12,542 | 13,352 | 14,708 | 0 | - | - | - | - | - |
Net cash used by investing activities | ||||||||
- | - | - | - | -58 | - | - | - | - |
Net cash used by investing activities | ||||||||
-15,521 | -14,181 | -14,945 | -1 | - | -65 | -23 | -65 | -23 |
Financing activities: | ||||||||
Dividends paid | ||||||||
1,619 | 1,403 | 1,040 | 1,407 | 1,406 | 2,813 | 4,220 | 351 | - |
Proceeds from borrowings | ||||||||
112,963 | 71,628 | 25,934 | 0 | - | - | - | - | - |
Debt repayments | ||||||||
82,435 | 66,079 | 21,666 | 0 | - | - | - | - | - |
Payment of debt issuance costs | ||||||||
272 | - | 88 | 0 | - | - | - | - | - |
Repurchases of common stock in satisfaction of employee tax withholding obligations | ||||||||
728 | 707 | - | - | - | - | - | - | - |
Issuances of common stock under employee stock purchase plan | ||||||||
45 | - | 6,000 | 0 | - | - | - | - | - |
Purchase of shares | ||||||||
- | - | 0 | - | - | - | - | - | - |
Net cash provided (used) by financing activities | ||||||||
- | - | - | - | -1,406 | - | - | - | - |
Dividends paid | ||||||||
- | - | - | - | - | - | - | - | 0 |
Net cash (used) provided by financing activities | ||||||||
27,954 | 3,439 | 9,140 | -1,407 | - | -2,813 | -4,220 | -351 | 0 |
Net increase in cash and cash equivalents | ||||||||
3,708 | 603 | -3,215 | 33 | -5,315 | 3,280 | -583 | -379 | 845 |
Supplemental disclosures of cash flow information: | ||||||||
Cash paid during the period for interest | ||||||||
1,231 | 499 | 152 | 0 | - | - | - | - | - |
Cash paid for income taxes | ||||||||
1,737 | 1,223 | 1,843 | 913 | 1,164 | 1,124 | 766 | 357 | 293 |
Supplemental disclosure of non-cash financing activities: | ||||||||
Common stock issued for acquisitions | ||||||||
21 | 21 | 18 | 0 | - | - | - | - | - |