XML 44 R4.htm IDEA: XBRL DOCUMENT v3.3.0.814
Condensed Consolidated Statements of Income and Comprehensive Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Net sales $ 21,585 $ 18,695
Cost of goods sold 16,852 15,898
Gross profit 4,733 2,797
Selling, general & administrative expenses 3,005 2,228
Income from operations 1,728 569
Other income:    
Interest income 31 8
Interest expense (1) (3)
Foreign exchange gain (8) 96
Other, net (8) (9)
Total other income 14 92
Income before income taxes 1,742 661
Provision for income taxes 529 174
Net income 1,213 487
Unrealized gain resulting from change in fair value of derivative instruments, net of tax 44 720
Comprehensive income $ 1,257 $ 1,207
Net income per common share:    
Basic (in dollars per share) $ 0.19 $ 0.07
Diluted (in dollars per share) $ 0.18 $ 0.07
Weighted average common shares outstanding:    
Basic (in shares) 6,520,667 6,835,691
Diluted (in shares) 6,695,319 6,873,951