XML 24 R4.htm IDEA: XBRL DOCUMENT v3.20.1
Consolidated Statements Of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Mar. 31, 2020
Mar. 31, 2019
Income Statement [Abstract]        
Net sales $ 553,297 $ 547,257 $ 1,542,157 $ 1,599,301
Cost of sales 420,902 434,049 1,206,324 1,295,834
Gross profit 132,395 113,208 335,833 303,467
Selling, general and administrative expenses 85,447 81,088 245,205 235,561
Amortization of acquired intangibles 3,174 3,265 9,446 9,946
Productivity and transformation costs 11,514 9,408 37,949 29,613
Chief Executive Officer Succession Plan expense, net 0 455 0 30,156
Proceeds from insurance claim (400) 0 (2,962) 0
Accounting review and remediation costs, net of insurance proceeds 0 0 0 4,334
Long-lived asset and intangibles impairment 13,525 0 15,414 23,709
Operating income (loss) 19,135 18,992 30,781 (29,852)
Interest and other financing expense, net 4,037 5,994 15,068 15,736
Other (income) expense, net (260) 1,067 2,312 2,038
Income (loss) from continuing operations before income taxes and equity in net loss of equity-method investees 15,358 11,931 13,401 (47,626)
(Benefit) provision for income taxes (10,242) 2,943 (9,753) (1,926)
Equity in net loss of equity-method investees 564 205 1,219 391
Net income (loss) from continuing operations 25,036 8,783 21,935 (46,091)
Net loss from discontinued operations, net of tax (697) (74,620) (105,581) (123,672)
Net income (loss) $ 24,339 $ (65,837) $ (83,646) $ (169,763)
Net income (loss) per common share(1):        
Basic net income (loss) per common share from continuing operations (USD per share) $ 0.24 $ 0.08 $ 0.21 $ (0.44)
Basic net loss per common share from discontinued operations (USD per share) (0.01) (0.72) (1.01) (1.19)
Basic net income (loss) per common share (USD per share) 0.23 (0.63) (0.80) (1.63)
Diluted net income (loss) per common share from continuing operations (USD per share) 0.24 0.08 0.21 (0.44)
Diluted net loss per common share from discontinued operations (USD per share) (0.01) (0.72) (1.01) (1.19)
Diluted income (loss) per common share (USD per share) $ 0.23 $ (0.63) $ (0.80) $ (1.63)
Shares used in the calculation of net income (loss) per common share:        
Basic (shares) 104,032 104,117 104,192 104,045
Diluted (shares) 104,337 104,334 104,489 104,045