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Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2016
Dec. 31, 2015
Net sales $ 53,187 [1] $ 53,671 [2] $ 102,100 [3] $ 104,709 [4]
Cost of goods sold 36,365 37,672 71,364 72,858
Gross margin $ 16,822 $ 15,999 $ 30,736 $ 31,851
% of Net sales 31.60% 29.80% 30.10% 30.40%
Selling, general and administrative expenses $ 14,942 $ 14,796 $ 30,363 $ 30,469
Restructuring charges 51 394
Operating income (loss) 1,829 1,203 (21) 1,382
Other income (expense) (312) (211) (75) 92
Gain on sale of building 3,089
Income before income taxes 1,517 992 2,993 1,474
Income tax expense 454 534 1,171 1,194
Net income $ 1,063 $ 458 $ 1,822 $ 280
Basic and diluted income per share (in dollars per share) $ 0.15 $ 0.07 $ 0.26 $ 0.04
Weighted average outstanding shares used in per share calculations:        
Basic (in shares) 7,050 7,022 7,039 7,018
Diluted (in shares) 7,068 7,043 7,068 7,050
Dividends per share declared (in dollars per share) $ 0.10 $ 0.10 $ 0.20 $ 0.20
[1] Excludes $2,339 of North American segment sales to the International segment and $2,968 of International segment sales to the North American segment.
[2] Excludes $2,333 of North American segment sales to the International segment and $2,416 of International segment sales to the North American segment.
[3] Excludes $4,696 of North American segment sales to the International segment and $6,049 of International segment sales to the North American segment.
[4] Excludes $4,242 of North American segment sales to the International segment and $4,679 of International segment sales to the North American segment.