Consolidated Balance Sheets (USD $) In Thousands, unless otherwise specified	Dec. 31, 2011	Jun. 30, 2011
CURRENT ASSETS:
Cash and cash equivalents	$ 12,845	$ 15,814
Accounts receivable trade, net of allowance for doubtful accounts of $2,621 ($1,398 at June 30, 2011)	25,728	28,068
Notes receivable, trade	1,798	2,511
Inventories	19,132	20,629
Deferred taxes, net	382	834
Prepaid expenses and other	4,953	6,361
Total current assets	64,838	74,217
MARKETABLE SECURITIES:
(Cost $972 at December 31, 2011 and $907 at June 30, 2011)	495	565
PROPERTY, PLANT AND EQUIPMENT:
Land and buildings	0	1,176
Machinery and equipment	6,922	6,223
Furniture and fixtures	4,635	4,872
Capital leases	102	118
Total property, plant and equipment	11,659	12,389
Less: Accumulated depreciation	(7,837)	(8,081)
Net property, plant and equipment	3,822	4,308
INTANGIBLES, less accumulated amortization of $12,642 ($12,222 at June 30, 2011)	9,506	10,729
GOODWILL, less accumulated amortization of $1,561 ($1,606 at June 30, 2011)	19,274	19,925
DEFERRED TAXES, NET	739	4,087
OTHER ASSETS	3,717	5,291
TOTAL ASSETS	102,391	119,122
CURRENT LIABILITIES:
Loans payable	3,900	4,965
Current portion of long-term debt	16,482	696
Accounts payable, trade	16,175	16,937
Notes payable, trade	3,580	3,879
Accrued salaries, commissions, bonus and profit-sharing	4,391	5,216
Customer deposits	1,753	2,911
Accrued and withheld taxes	884	1,295
Income taxes payable	443	109
Deferred taxes	49	93
Other accounts payable and accrued liabilities	9,966	11,519
Total current liabilities	57,623	47,620
LONG-TERM LIABILITIES:
Long-term debt, net of current portion	3,764	18,552
Deferred taxes	718	718
Other long-term liabilities	9,984	9,881
Total long-term liabilities	14,466	29,151
Total liabilities	72,089	76,771
Commitments and contingencies
SHAREHOLDERS' EQUITY:
Capital contributed in excess of par value	49,176	48,748
Accumulated deficit	(23,241)	(12,585)
Accumulated other comprehensive income	4,207	6,031
Total shareholders' equity	30,302	42,351
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY	102,391	119,122
Class A Common Stock
SHAREHOLDERS' EQUITY:
Common Stock	149	146
Total shareholders' equity	149	146
Class B Common Stock
SHAREHOLDERS' EQUITY:
Common Stock	11	11
Total shareholders' equity	$ 11	$ 11

BALDWIN TECHNOLOGY CO INC 10-Q