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Consolidated Statements of Operations - USD ($)
shares in Thousands
12 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2014
Net sales $ 209,685,000 [1] $ 241,550,000 [2] $ 247,134,000 [3]
Cost of goods sold 162,697,000 164,855,000 166,038,000
Gross margin $ 46,988,000 $ 76,695,000 $ 81,096,000
% of net sales 22.40% 31.80% 32.80%
Selling, general and administrative expenses $ 63,319,000 $ 68,092,000 $ 69,181,000
Impairment of building 4,114,000
Operating income (loss) (20,445,000) 8,603,000 11,915,000
Other income, net 70,000 1,339,000 142,000
Earnings (loss) before income taxes (20,375,000) 9,942,000 12,057,000
Income tax expense (benefit) (6,245,000) 4,698,000 5,345,000
Net earnings (loss) $ (14,130,000) $ 5,244,000 $ 6,712,000
Basic and diluted earnings (loss) per share (in dollars per share) $ (2.01) $ 0.75 $ 0.97
Average outstanding shares used in per share calculations:      
Basic (in shares) 7,017 6,983 6,926
Diluted (in shares) 7,017 7,023 6,955
Dividends per share declared (in dollars per share) $ 0.40 $ 0.40 $ 0.40
[1] Excludes $8,259 of North American segment sales to the International segment and $9,282 sales of the International segment to the North American segment.
[2] Excludes $12,276 of North American segment sales to the International segment and $9,842 sales of the International segment to the North American segment.
[3] Excludes $17,692 of North American segment sales to the International segment and $8,585 sales of the International segment to the North American segment.