v3.25.3
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2025
Jun. 30, 2025
Current assets    
Cash $ 4,658 $ 8,852
Accounts receivable, net of allowance for expected credit losses of $3.2 million and $3.1 million, respectively 63,488 60,494
Inventories, net 75,231 66,059
Vendor deposits 2,726 1,396
Contract assets 95 289
Other current assets 11,939 8,346
Total current assets 158,137 145,436
Equipment and improvements, net 18,516 17,772
Operating lease assets 12,458 10,751
Intangible assets, net 30,095 30,875
Goodwill 92,096 91,667
Other assets 10,448 10,527
Total assets 321,750 307,028
Current liabilities    
Accounts payable and accrued expenses 63,159 50,963
Accrued employee expenses 16,573 15,398
Customer deposits 27,339 24,316
Contract liabilities 1,340 408
Current portion of operating lease liabilities 3,909 3,778
Total current liabilities 112,320 94,863
Deferred tax liabilities, net 7,627 7,691
Long-term operating lease liabilities 10,037 7,997
Long-term debt, net 51,000 53,000
Total liabilities 180,984 163,551
Commitments and contingencies (Note 11)
Shareholders’ equity    
Preferred stock, $1.00 par value; authorized shares – 200,000; none issued and outstanding
Common stock, $.025 par value; authorized shares - 20,000,000; 13,056,903 shares issued at September 30, 2025 and 12,983,872 shares issued at June 30, 2025, including shares held in treasury 326 325
Additional paid-in capital 112,459 111,219
Treasury stock, 249,245 shares at September 30, 2025 and 221,879 shares at June 30, 2025, at cost (5,971) (5,155)
Retained earnings 33,952 37,088
Total shareholders’ equity 140,766 143,477
Total liabilities and shareholders’ equity $ 321,750 $ 307,028

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