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Condensed Consolidated Statements of Income and Comprehensive Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Mar. 31, 2021
Mar. 31, 2020
Net sales $ 46,320 $ 25,482 $ 134,129 $ 83,780
Cost of goods sold 39,484 22,588 111,614 71,441
Gross profit 6,836 2,894 22,515 12,339
Other selling, general and administrative 4,169 3,835 12,449 12,637
(Recoveries) provision for uncollectible accounts receivable (33) 3,282 (111) 3,282
Total selling, general and administrative 4,136 7,117 12,338 15,919
Income (loss) from operations 2,700 (4,223) 10,177 (3,580)
Other (expense) income:        
Interest income 47 1 176
Interest expense (15) (5) (110) (16)
Foreign exchange loss (304) (91) (1,322) (144)
Other, net (7) 1 (22) (11)
Total other (expense) income (326) (48) (1,453) 5
Income (loss) before income taxes 2,374 (4,271) 8,724 (3,575)
Provision (benefit) for income taxes 458 (256) 918 (132)
Net income (loss) 1,916 (4,015) 7,806 (3,443)
Unrealized gain (loss) resulting from change in fair value of derivative instruments, net of tax 1,925 335 (49) (181)
Comprehensive income (loss) $ 3,841 $ (3,680) $ 7,757 $ (3,624)
Net income (loss) per common share:        
Basic (in dollars per share) $ 0.31 $ (0.61) $ 1.24 $ (0.51)
Diluted (in dollars per share) $ 0.30 $ (0.61) $ 1.22 $ (0.51)
Weighted average common shares outstanding        
Basic (in shares) 6,200,712 6,564,765 6,296,408 6,733,781
Diluted (in shares) 6,326,777 6,564,765 6,401,021 6,733,781