XML 48 R4.htm IDEA: XBRL DOCUMENT v3.19.2
Consolidated Statements of Operations and Comprehensive Income - USD ($)
$ in Thousands
12 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Net sales $ 138,290 $ 132,437
Cost of goods sold 114,715 106,117
Gross profit 23,575 26,320
Selling, general and administrative expenses 17,614 16,787
Income from operations 5,961 9,533
Other income (expense):    
Interest income 1,868 1,085
Interest expense (29) (9)
Foreign exchange gain 148 18
Other, net 5 (14)
Total other income: 1,992 1,080
Income before income taxes 7,953 10,613
Provision for income taxes 1,412 5,562
Net income 6,541 5,051
Change in minimum pension liability, net of tax (104) 104
Unrealized gain resulting from change in fair value of derivative instruments, net of tax 974 223
Comprehensive income $ 7,411 $ 5,378
Net income per common share:    
Basic (in dollars per share) $ 0.96 $ 0.76
Diluted (in dollars per share) $ 0.92 $ 0.73
Weighted average common shares outstanding:    
Basic (in shares) 6,809,306 6,640,583
Diluted (in shares) 7,097,678 6,886,126