XML 44 R4.htm IDEA: XBRL DOCUMENT v2.4.0.6
Condensed Consolidated Income Statements (Unaudited) (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Mar. 31, 2013
Mar. 31, 2012
Mar. 31, 2013
Mar. 31, 2012
Income Statement [Abstract]        
Net sales $ 682,965 $ 707,883 $ 2,164,286 $ 2,260,827
Cost of goods sold 614,133 638,615 1,947,063 2,032,630
Gross profit 68,832 69,268 217,223 228,197
Selling, general and administrative expenses 47,937 46,711 144,392 141,753
Change in fair value of contingent consideration 100 1,072 1,396 1,244
Operating income 20,795 21,485 71,435 85,200
Interest expense 102 254 356 1,490
Interest income (483) (780) (1,648) (2,233)
Other (income) expense, net (4) 206 34 3,363
Income before income taxes 21,180 21,805 72,693 82,580
Provision for income taxes 7,202 7,049 24,716 28,077
Net income $ 13,978 $ 14,756 $ 47,977 $ 54,503
Per share data:        
Weighted-average shares outstanding, basic (in shares) 27,847 27,489 27,725 27,290
Net income per common share, basic (in dollars per share) $ 0.50 $ 0.54 $ 1.73 $ 2.00
Weighted-average shares outstanding, diluted (in shares) 28,024 27,926 27,960 27,709
Net income per common share, diluted (in dollars per share) $ 0.50 $ 0.53 $ 1.72 $ 1.97