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QUARTERLY RESULTS (Tables)
12 Months Ended
Jun. 30, 2018
Quarterly Financial Information Disclosure [Abstract]  
Quarterly Financial Information
The following table sets forth unaudited financial data for each of the Company's last eight fiscal quarters (in thousands except for per share data):
 
 
 
Fiscal Year Ended June 30, 2018 (1),
 
 
 
First Quarter
 
 
Second Quarter
 
 
Third Quarter
 
 
Fourth Quarter
 
Net Sales
 
$
21,174
 
 
$
21,112
 
 
$
22,200
 
 
$
27,260
 
Gross Profit
 
 
8,486
 
 
 
8,479
 
 
 
8,892
 
 
 
12,138
 
Operating Income
 
 
1,059
 
 
 
1,166
 
 
 
1,912
 
 
 
4,277
 
Net Income
 
 
890
 
 
 
1,233
 
 
 
1,829
 
 
 
3,697
 
Net Income Per Share
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Basic EPS
 
 
.05
 
 
 
.07
 
 
 
.10
 
 
 
.20
 
Diluted EPS
 
 
.05
 
 
 
.07
 
 
 
.10
 
 
 
.20
 
 
 
 
Fiscal Year Ended June 30, 2017 (1),
 
 
 
First Quarter
 
 
Second Quarter
 
 
Third Quarter
 
 
Fourth Quarter
 
Net Sales
 
$
20,168
 
 
$
20,715
 
 
$
20,807
 
 
$
25,684
 
Gross Profit
 
 
8,080
 
 
 
8,226
 
 
 
8,361
 
 
 
11,634
 
Operating Income
 
 
716
 
 
 
1,064
 
 
 
1,136
 
 
 
3,462
 
Net Income
 
 
568
 
 
 
857
 
 
 
952
 
 
 
3,222
 
Net Income Per Share(1):
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Basic EPS
 
 
.03
 
 
 
.05
 
 
 
.05
 
 
 
.17
 
Diluted EPS
 
 
.03
 
 
 
.05
 
 
 
.05
 
 
 
.17
 
 
 
(1)
Certain prior period balances have been reclassified to conform with the current period presentation.