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CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2015
Dec. 31, 2014
Net sales [1] $ 20,497 $ 19,571 $ 38,646 $ 36,907
Cost of sales 14,296 13,468 26,808 25,549
Gross Profit 6,201 6,103 11,838 11,358
Selling, general, and administrative expenses 5,175 5,007 10,488 10,016
Operating Income 1,026 1,096 1,350 1,342
Other expense:        
Interest expense, net 45 54 94 109
Other, net 3 3 7 (2)
Income before Income Taxes 978 1,039 1,249 1,235
Income tax (benefit) expense 2 88 (42) 125
Net Income $ 976 $ 951 $ 1,291 $ 1,110
Net Income per share:        
Basic (in dollars per share) $ 0.05 $ 0.05 $ 0.07 $ 0.06
Diluted (in dollars per share) $ 0.05 $ 0.05 $ 0.07 $ 0.06
Weighted average number of shares outstanding:        
Basic (in shares) 18,931,000 19,188,000 18,948,000 19,304,000
Diluted (in shares) 18,957,000 19,189,000 18,971,000 19,304,000
[1] All of the Company's sales originate in the United States and are shipped primarily from the Company's facilities in the United States. There were no sales into any one foreign country in excess of 10% of total Net Sales.