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Condensed Consolidated Statements of Income and Comprehensive Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2015
Dec. 31, 2014
Net sales $ 26,911 $ 18,618 $ 48,496 $ 37,313
Cost of goods sold 21,242 14,641 38,094 30,539
Gross profit 5,669 3,977 10,402 6,774
Selling, general and administrative expenses 2,934 2,596 5,939 4,824
Income from operations 2,735 1,381 4,463 1,950
Other (expense) income:        
Interest income 25 7 56 15
Interest expense (2) (3) (3) (6)
Foreign exchange (loss) gain (96) 26 (104) 122
Other, net (2) (15) (10) (24)
(75) 15 (61) 107
Income before income taxes 2,660 1,396 4,402 2,057
Provision for income taxes 792 315 1,321 489
Net income 1,868 1,081 3,081 1,568
Unrealized gain resulting from change in fair value of derivative instruments, net of tax 230 20 274 740
Comprehensive income $ 2,098 $ 1,101 $ 3,355 $ 2,308
Net income per common share:        
Basic (in dollars per share) $ 0.29 $ 0.16 $ 0.47 $ 0.23
Diluted (in dollars per share) $ 0.28 $ 0.16 $ 0.46 $ 0.23
Weighted average common shares outstanding:        
Basic (in shares) 6,509,893 6,808,229 6,515,280 6,821,960
Diluted (in shares) 6,628,752 6,862,369 6,662,036 6,868,160