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Selected Quarterly Financial Data
12 Months Ended
Jun. 30, 2017
Quarterly Financial Information Disclosure [Abstract]  
Selected Quarterly Financial Data
Selected Quarterly Financial Data (Unaudited)
 
First
Quarter
 
Second
Quarter
 
Third
Quarter
 
Fourth
Quarter
 
Fiscal Year
2017
 
 
 
 
 
 
 
 
 
Net Sales
$
291,361

 
$
326,773

 
$
293,834

 
$
289,874

 
$
1,201,842

Gross Profit
$
80,634

 
$
93,739

 
$
71,905

 
$
72,486

 
$
318,764

Net Income (1)
$
33,400

 
$
38,956

 
$
14,471

 
$
28,487

 
$
115,314

Diluted Net Income Per Common Share (1) (2)
$
1.22

 
$
1.42

 
$
0.53

 
$
1.04

 
$
4.20

 
 
 
 
 
 
 
 
 
 
 
First
Quarter
 
Second
Quarter
 
Third
Quarter
 
Fourth
Quarter
 
Fiscal Year
2016
 
 
 
 
 
 
 
 
 
Net Sales
$
294,085

 
$
324,769

 
$
287,765

 
$
284,490

 
$
1,191,109

Gross Profit
$
67,967

 
$
83,594

 
$
72,924

 
$
75,144

 
$
299,629

Net Income
$
27,628

 
$
34,511

 
$
29,011

 
$
30,614

 
$
121,764

Diluted Net Income Per Common Share (2)
$
1.01

 
$
1.25

 
$
1.06

 
$
1.12

 
$
4.44


(1)
Included in the third quarter and fiscal year net income is expense of $11.5 million, net of taxes, or approximately $0.42 per diluted share, related to a multiemployer pension settlement and other benefit-related costs.
(2)
Diluted net income per common share amounts are calculated independently for each of the quarters presented. Accordingly, the sum of the quarterly net income per common share amounts may not agree with the fiscal year.