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Selected Quarterly Financial Data (Unaudited)
 12 Months Ended
Jun. 30, 2020
Quarterly Financial Information Disclosure [Abstract]  
Selected Quarterly Financial Data (Unaudited) Selected Quarterly Financial Data (Unaudited)
The following tables set forth certain unaudited quarterly information for each of the eight fiscal quarters in the two year period ended June 30, 2020. This quarterly information has been prepared on a consistent basis with the audited consolidated financial statements and, in the opinion of management, includes all adjustments which management believes are necessary for a fair presentation of the information for the periods presented. All prior period amounts have been retrospectively adjusted to reflect the impact of the certain changes in accounting principles and corrections to previously issued financial statements.
The Company's quarterly operating results may fluctuate significantly as a result of a variety of factors, and operating results for any fiscal quarter are not necessarily indicative of results for a full fiscal year or future fiscal quarters.
 
 
For The Three Months Ended
 
 
September 30,
2019
 
December 31,
2019
 
March 31,
2020
 
June 30,
2020
(In thousands, except per share data)
 
 
 
 
 
 
 
 
Net sales
 
$
138,600

 
$
152,498

 
$
129,139

 
$
81,083

Cost of goods sold
 
$
97,959

 
$
108,513

 
$
91,190

 
$
65,536

Gross profit
 
$
40,641

 
$
43,985

 
$
37,949

 
$
15,547

Selling expenses
 
$
33,614

 
$
34,906

 
$
31,968

 
$
21,274

Income (loss) from operations
 
$
6,892

 
$
8,870

 
$
(45,169
)
 
$
(13,595
)
Net income (loss)
 
$
4,654

 
$
7,754

 
$
(39,777
)
 
$
(9,718
)
Net income (loss) available to common stockholders per common share—basic
 
$
0.26

 
$
0.44

 
$
(2.32
)
 
$
(0.57
)
Net income (loss) available to common stockholders per common share—diluted
 
$
0.26

 
$
0.43

 
$
(2.32
)
 
$
(0.57
)

 
 
For The Three Months Ended
 
 
September 30,
2018
 
December 31,
2018
 
March 31,
2019
 
June 30,
2019
(In thousands, except per share data)
 
 
 
 
 
 
 
 
Net sales
 
$
147,440

 
$
159,773

 
$
146,679

 
$
142,050

Cost of goods sold
 
$
99,205

 
$
106,529

 
$
106,779

 
$
104,327

Gross profit
 
$
48,235

 
$
53,244

 
$
39,900

 
$
37,723

Selling expenses
 
$
37,310

 
$
39,591

 
$
34,422

 
$
28,324

(Loss) income from operations
 
$
(2,078
)
 
$
502

 
$
(6,102
)
 
$
(7,024
)
Net loss
 
$
(2,986
)
 
$
(10,100
)
 
$
(51,749
)
 
$
(8,760
)
Net loss available to common stockholders per common share—basic
 
$
(0.18
)
 
$
(0.60
)
 
$
(3.05
)
 
$
(0.52
)
Net loss available to common stockholders per common share—diluted
 
$
(0.18
)
 
$
(0.60
)
 
$
(3.05
)
 
$
(0.52
)