XML 14 R4.htm IDEA: XBRL DOCUMENT v3.22.0.1
Condensed Consolidated Statements of Income and Comprehensive Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2021
Dec. 31, 2020
Net sales $ 37,727 $ 48,083 $ 76,067 $ 87,809
Cost of goods sold 31,181 38,409 61,240 72,130
Gross profit 6,546 9,674 14,827 15,679
Selling, general and administrative 4,145 4,282 8,198 8,202
Income from operations 2,401 5,392 6,629 7,477
Other (expense) income:        
Interest income 0 1 0 1
Interest expense (13) (49) (26) (95)
Foreign exchange gain (loss) 11 (753) 5 (1,018)
Other, net (7) (5) (14) (15)
Total other (expense) income (9) (806) (35) (1,127)
Income before income taxes 2,392 4,586 6,594 6,350
Provision for income taxes 545 954 1,491 460
Net income 1,847 3,632 5,103 5,890
Unrealized gain (loss) resulting from change in fair value of derivative instruments, net of tax 331 (854) 1,285 (1,974)
Comprehensive income $ 2,178 $ 2,778 $ 6,388 $ 3,916
Net income per common share:        
Basic (in dollars per share) $ 0.30 $ 0.58 $ 0.82 $ 0.93
Diluted (in dollars per share) $ 0.30 $ 0.57 $ 0.81 $ 0.91
Weighted average common shares outstanding        
Basic (in shares) 6,211,954 6,270,419 6,249,791 6,344,256
Diluted (in shares) 6,256,498 6,405,308 6,303,921 6,438,143