v3.26.3
Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2026
Jun. 30, 2025
Current assets:    
Cash and cash equivalents $ 7,388 $ 12,325
Restricted cash [1] 86 0
Accounts receivable – less allowance for credit losses of $1 at June 30, 2026 and $0 at June 30, 2025 20,650 14,644
Inventories, net 30,753 24,871
Forward contracts 0 368
Assets held for sale 3,977 0
Prepaids and other current assets 2,580 7,068
Total current assets 65,434 59,276
Property and equipment, net 35,605 50,890
Operating lease right-of-use assets 24,062 41,054
Other noncurrent assets, net 1,345 719
Total assets 126,446 151,939
Current liabilities:    
Accounts payable 18,146 15,352
Accrued liabilities 4,601 3,516
Accrued compensation and employee benefits 2,447 2,173
Customer deposits 1,320 1,364
Short-term liability – operating leases 2,721 2,227
Forward contracts 0 1,967
Mortgage note payable, current portion 733 305
Line of credit – current 7,749 1,900
Total current liabilities 37,717 28,804
Long-term liability – operating leases 28,564 45,970
Long-term pension liability 0 111
Mortgage note payable, net of current portion 10,206 8,628
Total liabilities 76,487 83,513
Commitments and contingencies (Notes D, F, H, J and M)
Stockholders’ equity:    
Preferred stock; $.01 par value; 500,000 shares authorized; none issued or outstanding 0 0
Common stock; $.01 par value; 20,000,000 shares authorized at June 30, 2026 and June 30, 2025, issued and outstanding (net of treasury shares) 6,266,542 at June 30, 2026 and 6,178,213 at June 30, 2025 94 93
Additional paid-in capital 34,213 33,611
Retained earnings 38,696 59,391
Treasury stock, at cost, 3,385,364 shares at June 30, 2026 and 3,326,693 at June 30, 2025 (23,343) (23,254)
Accumulated other comprehensive income (loss) 299 (1,415)
Total stockholders’ equity 49,959 68,426
Total liabilities and stockholders’ equity $ 126,446 $ 151,939
[1] Restricted cash is comprised of payment receipts from our customers used to reduce borrowing on the outstanding balance of our line of credit.