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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Mar. 31, 2021
Mar. 31, 2020
Net Sales $ 72,204 $ 71,010 $ 218,597 $ 242,088
Cost of products and services sold 54,112 54,834 162,519 183,558
Severance costs 0 11 5 11
Restructuring costs 0 223 3 758
Gross profit 18,092 15,942 56,070 57,761
Selling and administrative expenses 15,996 17,032 49,070 55,045
Severance costs 0 8 16 62
Restructuring gains 0 (3,729) 0 (8,576)
Operating income 2,096 2,631 6,984 11,230
Interest (income) (2) (1) (4) (3)
Interest expense 54 129 175 795
Other expense (income) 43 642 (197) 633
Income before income taxes 2,001 1,861 7,010 9,805
Income tax expense 529 0 1,340 1,726
Net income $ 1,472 $ 1,861 $ 5,670 $ 8,079
Earnings per common share (see Note 4)        
Basic (in dollars per share) $ 0.05 $ 0.07 $ 0.21 $ 0.31
Diluted (in dollars per share) $ 0.05 $ 0.07 $ 0.21 $ 0.31
Weighted average common shares outstanding        
Basic (in shares) 26,771 26,301 26,642 26,250
Diluted (in shares) 27,727 26,623 27,352 26,423