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CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2017
Dec. 31, 2016
Net sales [1] $ 21,112 $ 20,715 $ 42,286 $ 40,883
Cost of sales 14,272 14,098 28,567 27,814
Gross Profit 6,840 6,617 13,719 13,069
Selling, general, and administrative expenses 5,674 5,553 11,494 11,289
Operating Income 1,166 1,064 2,225 1,780
Other expense:        
Interest, net 22 18 48 42
Income before Income Taxes 1,144 1,046 2,177 1,738
Income tax expense (89) 189 54 313
Net Income $ 1,233 $ 857 $ 2,123 $ 1,425
Net Income per share:        
Basic $ 0.07 $ 0.05 $ 0.11 $ 0.08
Diluted $ 0.07 $ 0.05 $ 0.11 $ 0.08
Weighted average number of shares outstanding:        
Basic 18,849,000 18,798,000 18,848,000 18,792,000
Diluted 18,883,000 18,851,000 18,881,000 18,844,000
[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.