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Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands
3 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Net sales $ 51,818,000 [1] $ 48,913,000 [2]
Cost of goods sold 35,279,000 34,999,000
Gross margin $ 16,539,000 $ 13,914,000
% of Net sales 31.90% 28.40%
Selling, general and administrative expenses $ 16,090,000 $ 15,421,000
Restructuring charges 343,000
Operating income (loss) 449,000 (1,850,000)
Other income (expense) 191,000 237,000
Gain on sale of building 3,089,000
Income (loss) before income taxes 640,000 1,476,000
Income tax expense (benefit) 214,000 717,000
Net income (loss) $ 426,000 $ 759,000
Basic income (loss) per share (in dollars per share) $ 0.06 $ 0.11
Diluted income (loss) per share (in dollars per share) $ 0.06 $ 0.11
Weighted average outstanding shares used in per share calculations:    
Basic (in shares) 7,011 7,028
Diluted (in shares) 7,056 7,059
Dividends (in dollars per share) $ 0.10 $ 0.10
[1] Excludes $1,696 of North American segment intercompany sales to the International segment, and $3,390 of International segment intercompany sales to the North American segment.
[2] Excludes $2,357 of North American segment intercompany sales to the International segment, and $3,082 of International segment intercompany sales to the North American segment.