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Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands
3 Months Ended 6 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2017
Dec. 31, 2016
Net sales $ 52,124,000 [1] $ 53,187,000 [2] $ 103,942,000 [3] $ 102,100,000 [4]
Cost of goods sold 36,194,000 36,365,000 71,473,000 71,364,000
Gross margin $ 15,930,000 $ 16,822,000 $ 32,469,000 $ 30,736,000
% of Net sales 30.60% 31.60% 31.20% 30.10%
Selling, general and administrative expenses $ 15,486,000 $ 14,942,000 $ 31,576,000 $ 30,363,000
Restructuring charges 51,000 394,000
Operating income (loss) 444,000 1,829,000 893,000 (21,000)
Other income (expense) 653,000 (312,000) 844,000 (75,000)
Gain on sale of building 3,089,000
Income (loss) before income taxes 1,097,000 1,517,000 1,737,000 2,993,000
Income tax expense 7,618,000 454,000 7,832,000 1,171,000
Net income (loss) $ (6,521,000) $ 1,063,000 $ (6,095,000) $ 1,822,000
Basic income (loss) per share (in dollars per share) $ (0.93) $ 0.15 $ (0.87) $ 0.26
Diluted income (loss) per share (in dollars per share) $ (0.93) $ 0.15 $ (0.87) $ 0.26
Weighted average outstanding shares used in per share calculations:        
Basic (in shares) 7,008 7,050 7,009 7,039
Diluted (in shares) 7,008 7,068 7,009 7,068
Dividends (in dollars per share) $ 0.10 $ 0.10 $ 0.20 $ 0.20
[1] Excludes $3,277 of North American segment intercompany sales to the International segment, and $ 6,688 of International segment intercompany sales to the North American segment.
[2] Excludes $4,696 of North American segment intercompany sales to the International segment, and $6,049 of International segment intercompany sales to the North American segment.
[3] Excludes $3,277 of North American segment intercompany sales to the International segment, and $ 6,688 of International segment intercompany sales to the North American segment.
[4] Excludes $4,696 of North American segment intercompany sales to the International segment, and $6,049 of International segment intercompany sales to the North American segment.