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Supplementary Information (Unaudited)
12 Months Ended
Jun. 30, 2013
Quarterly Financial Information Disclosure [Abstract]  
Supplementary Information (Unaudited)
SUPPLEMENTARY INFORMATION (UNAUDITED)
The following sets forth certain unaudited consolidated quarterly statements of operations data for each of the Company’s last eight quarters. In management’s opinion, this quarterly information reflects all adjustments, consisting only of normal recurring adjustments, necessary for a fair presentation for the periods presented. Such quarterly results are not necessarily indicative of future results of operations and should be read in conjunction with the audited consolidated financial statements of the Company and the notes thereto included elsewhere herein.
 
2013 (In thousands, except per share data)
1ST QUARTER
 
2ND QUARTER
 
3RD QUARTER
 
4TH QUARTER
Net revenues
$
49,428

 
$
49,804

 
$
54,123

 
$
55,436

Gross margin
$
20,390

 
$
17,572

 
$
22,574

 
$
22,132

(Loss) income from operations
$
(11,184
)
 
$
(7,079
)
 
$
(1,463
)
 
$
(3,963
)
(Loss) income before income taxes
$
(10,851
)
 
$
(6,976
)
 
$
(1,444
)
 
$
(3,891
)
Tax (benefit) provision
$
(3,651
)
 
$
(2,192
)
 
$
(2,232
)
 
$
(1,879
)
Net (loss) income
$
(7,200
)
 
$
(4,784
)
 
$
788

 
$
(2,012
)
Net (loss) earnings per share:
 
 
 
 
 
 
 
Basic net (loss) earnings per share
$
(0.24
)
 
$
(0.16
)
 
$
0.03

 
$
(0.07
)
Diluted net (loss) earnings per share
$
(0.24
)
 
$
(0.16
)
 
$
0.03

 
$
(0.07
)
2012 (In thousands, except per share data)
1ST QUARTER
 
2ND QUARTER
 
3RD QUARTER
 
4TH QUARTER
Net revenues
$
49,122

 
$
67,959

 
$
66,989

 
$
60,859

Gross margin
$
29,916

 
$
40,913

 
$
35,063

 
$
30,264

Income from operations
$
3,565

 
$
13,485

 
$
7,106

 
$
5,956

Income before income taxes
$
3,967

 
$
13,873

 
$
7,625

 
$
6,306

Income tax expense (benefit)
$
1,314

 
$
4,828

 
$
2,380

 
$
630

Net income
$
2,653

 
$
9,045

 
$
5,245

 
$
5,676

Net earnings per share:
 
 
 
 
 
 
 
Basic net earnings per share
$
0.09

 
$
0.31

 
$
0.18

 
$
0.19

Diluted net earnings per share
$
0.09

 
$
0.30

 
$
0.17

 
$
0.19

 * Due to the effects of rounding, the sum of the four quarters does not equal the annual total.