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Note 16 - Quarterly Financial Data (Unaudited)
 12 Months Ended
Jun. 30, 2015
Notes to Financial Statements  
Quarterly Financial Information [Text Block]
16. QUARTERLY FINANCIAL DATA (unaudited)
 
(in thousands except per share data)
 
Quarter Ended
 
Net
Sales
 
 
Gross
Margin
 
 
Earnings
Before
Income
Taxes
 
 
Net
Earnings /
(Loss)
 
 
Basic and
Diluted Earnings
/ (Loss)
Per Share
 
September 2013
   $ 57,487     $ 17,809     $ 845     $ 216     $ 0.03  
December 2013
     61,841       20,345       2,941       1,782       0.26  
March 2014
     58,281       19,259       2,667       1,682       0.24  
June 2014
     69,525       23,683       5,604       3,032       0.44  
    $ 247,134     $ 81,096     $ 12,057     $ 6,712     $ 0.97  
September 2014
   $ 60,172     $ 19,143     $ 1,741     $ 923     $ 0.13  
December 2014
     63,821       22,164       4,323       2,447       0.35  
March 2015
     56,116       18,694       3,508       2,437       0.35  
June 2015
     61,441       16,694       370       (563
)
     (0.08
)
    $ 241,550     $ 76,695     $ 9,942     $ 5,244     $ .75  
 
Fourth quarter sales in fiscal 2015 declined were $8.1 million lower than in the fourth quarter of fiscal 2014. Unfavorable exchange rates represented $7.8 million of the difference. The Brazilian real declined 28% against the U.S. dollar in the fourth quarter of fiscal 2015 compared to fiscal 2014. Gross margins declined $7.0 million with North American declining $2.4 million and international sliding $4.6 million. Reduced sales and higher cost were the prime factors impacting North America. Foreign currency and pension represented $2.5 million and $1.0 million respectively of the international gross margin deficit.