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CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Mar. 31, 2016
Mar. 31, 2015
Net sales [1] $ 19,808 $ 17,894 $ 58,454 $ 54,801
Cost of sales 13,700 12,548 40,508 38,097
Gross Profit 6,108 5,346 17,946 16,704
Selling, general, and administrative expenses 4,891 4,869 15,379 14,885
Operating Income 1,217 477 2,567 1,819
Other expense:        
Interest expense, net 45 52 139 161
Other, net 3 4 10 2
Income before Income Taxes 1,169 421 2,418 1,656
Income tax expense 125 26 83 151
Net Income $ 1,044 $ 395 $ 2,335 $ 1,505
Net Income per share:        
Basic (in dollars per share) $ 0.06 $ 0.02 $ 0.12 $ 0.08
Diluted (in dollars per share) $ 0.06 $ 0.02 $ 0.12 $ 0.08
Weighted average number of shares outstanding:        
Basic (in shares) 18,811,000 19,066,000 18,903,000 19,225,000
Diluted (in shares) 18,828,000 19,073,000 18,923,000 19,229,000
[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.