XML 67 R21.htm IDEA: XBRL DOCUMENT v2.4.1.9
Summary of Significant Accounting Policies (Tables)
6 Months Ended
Dec. 31, 2014
Accounting Policies [Abstract]  
Impact of Revisions To Prior issued Financial Statements
The accompanying unaudited consolidated statement of operations for the six months ended December 31, 2013 has been corrected for the errors described above. The following table presents the impact of these corrections:
Consolidated Statement of Operations Data
 
Six Months Ended December 31, 2013
(In thousands)
 
As Previously Reported
 
Adjustments
 
As Corrected
Net sales
 
$
270,712

 
$
1,946

 
$
272,658

Cost of goods sold
 
165,802

 
4,477

 
170,279

Gross profit
 
104,910

 
(2,531
)
 
102,379

Selling expenses
 
76,326

 
(1,390
)
 
74,936

General and administrative expenses
 
19,970

 
(1,141
)
 
18,829

Net gains from sales of assets
 

 
(50
)
 
(50
)
Operating expenses
 
96,296

 
(2,581
)
 
93,715

Income from operations
 
8,614

 
50

 
8,664

Other income (expense):
 
 
 
 
 
 
Dividend income
 
526

 

 
526

Interest income
 
218

 

 
218

Interest expense
 
(765
)
 

 
(765
)
Other, net
 
(1,370
)
 
(50
)
 
(1,420
)
Total other expense
 
(1,391
)
 
(50
)
 
(1,441
)
Income before taxes
 
7,223

 

 
7,223

Income tax expense
 
709

 

 
709

Net income
 
$
6,514

 
$

 
$
6,514