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Condensed Consolidated Statements of Income and Comprehensive Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2018
Dec. 31, 2017
Net sales $ 36,043 $ 33,335 $ 72,575 $ 61,409
Cost of goods sold 29,607 26,713 58,976 48,417
Gross profit 6,436 6,622 13,599 12,992
Selling, general and administrative 4,229 4,341 8,668 8,828
Income from operations 2,207 2,281 4,931 4,164
Other income (expense):        
Interest income 529 304 1,084 554
Interest expense (9) (12)
Foreign exchange gain (loss) 37 (88) (41) (231)
Other, net (14) (14) 9 (13)
Total other income 543 202 1,040 310
Income before income taxes 2,750 2,483 5,971 4,474
Provision for income taxes 569 3,801 1,231 4,358
Net income (loss) 2,181 (1,318) 4,740 116
Unrealized gain (loss) resulting from change in fair value of derivative instruments, net of tax 852 (197) 1,235 (1,331)
Comprehensive income (loss) $ 3,033 $ (1,515) $ 5,975 $ (1,215)
Net income (loss) per common share:        
Basic (in dollars per share) $ 0.32 $ (0.20) $ 0.70 $ 0.02
Diluted (in dollars per share) $ 0.31 $ (0.20) $ 0.68 $ 0.02
Weighted average common shares outstanding        
Basic (in shares) 6,807,979 6,615,355 6,786,470 6,610,937
Diluted (in shares) 6,999,223 6,615,355 6,982,083 6,836,567