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CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2022
Dec. 31, 2021
CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED)        
Net sales $ 80,894 $ 86,508 $ 155,973 $ 188,033
Cost of sales 65,258 76,990 126,543 157,998
Amortization of intangibles 1,358 3,808 2,553 7,804
Gross profit 14,278 5,710 26,877 22,231
Operating expenses (income):        
Research and development expenses 4,928 4,747 12,107 10,511
Selling, general and administrative expenses 18,317 18,791 35,014 37,696
Restructuring expenses 335 891 481 891
Asset impairment charges 5,969 49,361 10,637 49,361
Gain on sale of intangible assets (500)   (3,563)  
Total operating expenses 29,049 73,790 54,676 98,459
Operating loss (14,771) (68,080) (27,799) (76,228)
Other income (expense), net:        
Investment income 399 46 491 80
Interest expense (15,184) (14,430) (30,214) (28,654)
Loss on loan receivable (6,826)   (6,826)  
Other income (expense) 106 11 87 (51)
Total other expense, net (21,505) (14,373) (36,462) (28,625)
Loss before income tax (36,276) (82,453) (64,261) (104,853)
Income tax expense (benefit) 32 (1,368) 66 (1,426)
Net loss $ (36,308) $ (81,085) $ (64,327) $ (103,427)
Loss per common share (1):        
Basic (in dollars per share) $ (0.88) $ (2.01) $ (1.57) $ (2.58)
Diluted $ (0.88) $ (2.01) $ (1.57) $ (2.58)
Weighted average common shares outstanding (1):        
Basic (in shares) 41,170,839 40,358,127 41,056,607 40,142,974
Diluted (in shares) 41,170,839 40,358,127 41,056,607 40,142,974