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Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands
3 Months Ended 6 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2018
Dec. 31, 2017
Net sales $ 56,532,000 [1] $ 52,124,000 [2] $ 108,433,000 [1] $ 103,942,000 [2]
Cost of goods sold 38,111,000 36,194,000 73,480,000 71,473,000
Gross margin $ 18,421,000 $ 15,930,000 $ 34,953,000 $ 32,469,000
% of Net sales 32.60% 30.60% 32.20% 31.20%
Selling, general and administrative expenses $ 15,141,000 $ 15,486,000 $ 30,905,000 $ 31,576,000
Operating income (loss) 3,280,000 444,000 4,048,000 893,000
Other income (expense) (289,000) 653,000 (115,000) 844,000
Income (loss) before income taxes 2,991,000 1,097,000 3,933,000 1,737,000
Income tax expense (benefit) 1,065,000 7,618,000 1,423,000 7,832,000
Net income (loss) $ 1,926,000 $ (6,521,000) $ 2,510,000 $ (6,095,000)
Basic income (loss) per share (in dollars per share) $ 0.27 $ (0.93) $ 0.36 $ (0.87)
Diluted income (loss) per share (in dollars per share) $ 0.27 $ (0.93) $ 0.35 $ (0.87)
Weighted average outstanding shares used in per share calculations:        
Basic (in shares) 7,018 7,008 7,022 7,009
Diluted (in shares) 7,067 7,008 7,077 7,009
Dividends per share (in dollars per share) $ 0.10 $ 0.20
[1] Excludes $1,047 of North American segment intercompany sales to the International segment, and $3,744 of International segment intercompany sales to the North American segment.
[2] Excludes $1,581 of North American segment intercompany sales to the International segment, and $3,298 of International segment intercompany sales to the North American segment.