XML 21 R4.htm IDEA: XBRL DOCUMENT v3.6.0.2
Consolidated Statements of Operations and Comprehensive Income - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2014
Income Statement [Abstract]      
Revenue, net $ 206,540 $ 190,336 $ 213,968
Cost of sales 33,932 28,010 33,194
Gross profit 172,608 162,326 180,774
Operating expenses:      
Commissions and incentives 103,120 91,074 104,525
Selling, general and administrative 56,074 57,353 56,801
Total operating expenses 159,194 148,427 161,326
Operating income 13,414 13,899 19,448
Other income (expense):      
Interest expense (3,321) (3,087) (3,177)
Other income (expense), net (1,409) (159) 384
Total other income (expense) (4,730) (3,246) (2,793)
Income before income taxes 8,684 10,653 16,655
Income tax expense (2,665) (3,666) (5,272)
Net income $ 6,019 $ 6,987 $ 11,383
Net income per share:      
Basic (dollars per share) $ 0.44 $ 0.50 $ 0.75
Diluted (dollars per share) $ 0.41 $ 0.49 $ 0.71
Weighted average shares outstanding:      
Basic (in shares) 13,730 13,899 15,113
Diluted (in shares) 14,531 14,150 15,943
Other comprehensive income (loss), net of tax:      
Foreign currency translation adjustment $ 294 $ (135) $ (3)
Other comprehensive income (loss), net of tax: 294 (135) (3)
Comprehensive income $ 6,313 $ 6,852 $ 11,380