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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2011
Dec. 31, 2010
Net sales $ 150,925 $ 156,950 $ 306,764 $ 298,629
Cost of sales 137,287 147,803 285,607 282,322
Gross profit 13,638 9,147 21,157 16,307
Selling, general and administrative expense 8,894 7,225 16,809 13,590
Depreciation and amortization expense 187 117 312 213
Foreign currency transaction loss 282 568 933 121
Acquisition-related costs 0 0 370 0
Total operating expenses 9,363 7,910 18,424 13,924
Operating income 4,275 1,237 2,733 2,383
Interest income (7) (11) (15) (27)
Interest expense 395 263 699 495
Gain on acquisition 0 0 (998) 0
Income before income taxes 3,887 985 3,047 1,915
Income tax expense 121 101 111 293
Net income $ 3,766 $ 884 $ 2,936 $ 1,622
Basic income per common share (in dollars per share) $ 0.79 $ 0.19 $ 0.61 $ 0.35
Diluted income per common share (in dollar per share) $ 0.78 $ 0.18 $ 0.60 $ 0.32
Weighted average number of common shares outstanding:        
Basic (in shares) 4,779,000 4,583,000 4,815,000 4,629,000
Diluted (in shares) 4,826,000 5,038,000 4,884,000 5,056,000