XML 19 R4.htm IDEA: XBRL DOCUMENT v3.10.0.1
Consolidated Statements of Operations - USD ($)
$ in Thousands
12 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Jun. 30, 2016
Net sales [1] $ 868,382 $ 755,258 $ 751,586
Cost of sales (566,581) (502,504) (499,333)
Gross profit 301,801 252,754 252,253
Selling, general and administrative 206,419 174,060 170,219
Restructuring costs 7,594 5,825 4,232
Acquisition related expenses 3,749 7,843
Other operating (income) expense, net [2] 7,458
Income from operations 84,039 65,026 70,344
Interest expense 8,030 4,043 2,871
Other non-operating (income) expense, net (1,243) (949) (1,052)
Total 6,787 3,094 1,819
Income from continuing operations before income taxes 77,252 61,932 68,525
Provision for income taxes (40,620) (15,355) (16,295)
Income from continuing operations 36,632 46,577 52,230
Income (loss) from discontinued operations, net of tax (28) (32) (174)
Net income $ 36,604 $ 46,545 $ 52,056
Basic earnings per share:      
Income (loss) from continuing operations (in dollars per share) $ 2.88 $ 3.68 $ 4.12
Income (loss) from discontinued operations (in dollars per share) (0.01)
Total (in dollars per share) 2.88 3.68 4.11
Diluted earnings per share:      
Income (loss) from continuing operations (in dollars per share) 2.86 3.65 4.09
Income (loss) from discontinued operations (in dollars per share) (0.01)
Total (in dollars per share) $ 2.86 $ 3.65 $ 4.08
[1] Net sales were identified based on geographic location where our products and services were initiated.
[2] Other operating expense in 2016 consists primarily of a $7.3 million charge to adjust the Roll, Plate, and Machinery business in the Engraving segment to its net realizable value