XML 17 R4.htm IDEA: XBRL DOCUMENT v3.7.0.1
Consolidated Statements Of Income - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2015
Income Statement [Abstract]      
Net Sales $ 1,201,842 $ 1,191,109 $ 1,104,514
Cost of Sales 883,078 891,480 846,822
Gross Profit 318,764 299,629 257,692
Selling, General and Administrative Expenses 126,381 115,059 102,831
Multiemployer Pension Settlement and Related Costs 17,635 0 0
Operating Income [1] 174,748 184,570 154,861
Other, Net 768 63 (309)
Income Before Income Taxes 175,516 184,633 154,552
Taxes Based on Income 60,202 62,869 52,866
Net Income $ 115,314 [2] $ 121,764 $ 101,686
Net Income Per Common Share:      
Basic (in dollars per share) $ 4.21 $ 4.45 $ 3.72
Diluted (in dollars per share) $ 4.20 [2],[3] $ 4.44 [3] $ 3.72
Weighted Average Common Shares Outstanding:      
Basic (in shares) 27,376 27,336 27,300
Diluted (in shares) 27,440 27,373 27,327
[1] All intercompany transactions have been eliminated.
[2] 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.
[3] 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.