XML 13 R2.htm IDEA: XBRL DOCUMENT v3.23.1
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Mar. 31, 2023
Mar. 31, 2022
Net Sales $ 117,470 $ 110,111 $ 373,343 $ 327,651
Cost of products and services sold 85,266 83,318 272,230 250,900
Severence Costs 0 0 31 0
Gross profit 32,204 26,793 101,082 76,751
Selling and administrative expenses 24,472 21,632 74,291 62,724
Operating income 7,732 5,161 26,791 14,027
Interest expense 877 524 2,924 1,287
Other (income) expense (71) (55) 86 33
Income before income taxes 6,926 4,692 23,781 12,707
Income tax expense 2,257 1,074 6,434 2,851
Net income $ 4,669 $ 3,618 $ 17,347 $ 9,856
Earnings per common share (see Note 4)        
Basic (in dollars per share) $ 0.16 $ 0.13 $ 0.62 $ 0.36
Diluted (in dollars per share) $ 0.16 $ 0.13 $ 0.60 $ 0.35
Weighted average common shares outstanding        
Basic (in shares) 28,306 27,378 28,012 27,220
Diluted (in shares) 29,611 28,083 29,055 27,945