| Jun'19 | Jun'18 | Jun'17 | Jun'16 | Jun'15 | Jun'14 | Jun'13 | Jun'12 | Jun'11 |
|---|---|---|---|---|---|---|---|---|
CASH FLOWS FROM OPERATING ACTIVITIES | ||||||||
Net income | ||||||||
12,223 | 7,649 | 5,599 | 5,773 | 4,845 | 3,476 | 3,021 | 2,286 | 1,121 |
Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||
Depreciation and amortization | ||||||||
1,409 | 1,409 | 1,374 | 1,420 | 1,570 | 1,740 | 1,974 | 2,275 | 2,311 |
Provision for doubtful acccounts | ||||||||
-26 | 40 | 10 | -30 | 66 | -40 | 20 | 10 | 27 |
Impairment of goodwill and other intangibles | ||||||||
- | - | - | - | - | - | - | - | 400 |
Change to inventory obsolescence reserve | ||||||||
-272 | 788 | -457 | -455 | -472 | -827 | 354 | 504 | 694 |
Deferred income taxes | ||||||||
- | 80 | 361 | 375 | 230 | 424 | 244 | 199 | -321 |
Stock based compensation expense | ||||||||
160 | 146 | 102 | 103 | 101 | 76 | 0 | 8 | 66 |
Changes in operating assets and liabilities: | ||||||||
Accounts receivable | ||||||||
1,440 | 2,503 | 1,273 | 988 | 1,156 | -1,347 | 1,823 | -1,222 | -73 |
Inventories | ||||||||
5,991 | -857 | 4,785 | -1,988 | 1,388 | 2,276 | -1,021 | -401 | 799 |
Prepaid expenses and other current assets | ||||||||
-318 | -206 | 394 | -110 | 57 | -230 | 254 | 15 | 3 |
Income tax receivable | ||||||||
- | - | - | 0 | -121 | 57 | 64 | - | -785 |
Tax deficiency from stock-based awards | ||||||||
- | - | -134 | 0 | 0 | - | - | - | - |
Other assets | ||||||||
11 | 151 | 0 | 0 | -6 | -5 | -8 | -26 | 3 |
Accounts payable, accrued expenses, accrued salaries and wages, accrued income taxes | ||||||||
1,528 | -656 | 1,777 | 864 | 21 | 645 | 398 | -2,820 | 13 |
Net Cash Provided by Operating Activities | ||||||||
8,653 | 7,865 | 2,448 | 9,160 | 3,887 | 4,743 | 4,899 | 4,096 | 4,364 |
CASH FLOWS FROM INVESTING ACTIVITIES | ||||||||
Purchases of property, plant, and equipment | ||||||||
1,988 | 1,280 | 1,414 | 693 | 730 | 753 | 383 | 606 | 737 |
Net Cash Used in Investing Activities | ||||||||
-1,988 | -1,280 | -1,414 | -693 | -730 | -753 | -383 | -606 | -737 |
CASH FLOWS FROM FINANCING ACTIVITIES | ||||||||
Proceeds from stock option exercises | ||||||||
53 | 106 | 49 | 0 | 0 | 25 | 0 | - | - |
Tax deficiency from stock-based awards | ||||||||
- | - | 134 | 0 | 0 | 124 | 26 | - | - |
Cash paid for purchase of treasury stock | ||||||||
3,998 | 1,337 | 0 | 1,108 | 2,194 | 285 | 435 | - | - |
Cash paid for deferred financing costs | ||||||||
- | - | - | - | - | - | - | 68 | - |
Net Cash Used in Financing Activities | ||||||||
-3,945 | -4,731 | -1,385 | -7,008 | -3,294 | -4,736 | -4,266 | -3,588 | -6,072 |
Principal payments on long-term debt | ||||||||
- | 3,500 | 2,800 | 5,900 | 1,600 | 4,600 | 3,857 | 3,520 | 6,072 |
Proceeds from long-term debt | ||||||||
- | - | 1,500 | 0 | 500 | 0 | - | - | - |
Net Change in Cash and Cash Equivalents | ||||||||
2,720 | 1,854 | -351 | 1,459 | -137 | -746 | 250 | -98 | -2,445 |
SUPPLEMENTAL CASH FLOW INFORMATION | ||||||||
Interest paid, net | ||||||||
23 | 82 | 88 | 184 | 215 | 312 | 543 | 1,136 | 1,562 |
Income taxes paid | ||||||||
262 | 186 | 54 | 0 | 29 | 24 | 31 | 467 | 10 |
NON-CASH FINANCING ACTIVITIES: | ||||||||
Surrender of Common Shares | ||||||||
8 | 11 | 86 | 54 | 0 | 452 | 1,257 | - | - |