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Condensed Statements of Consolidated Income (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Mar. 31, 2016
Mar. 31, 2015
Income Statement [Abstract]        
Net Sales $ 633,172 $ 679,994 $ 1,885,422 $ 2,074,021
Cost of Sales 458,379 492,631 1,356,450 1,496,013
Gross Profit 174,793 187,363 528,972 578,008
Selling, Distribution and Administrative, including depreciation 143,031 143,591 417,822 441,264
Goodwill Impairment 64,794 0 64,794 0
Operating (Loss) Income (33,032) 43,772 46,356 136,744
Interest Expense, net 2,359 2,121 6,704 5,738
Other Expense (Income), net 65 (887) 1,124 (263)
(Loss) Income Before Income Taxes (35,456) 42,538 38,528 131,269
Income Tax Expense 9,272 13,928 35,018 43,830
Net (Loss) Income $ (44,728) $ 28,610 $ 3,510 $ 87,439
Net (Loss) Income Per Share - Basic $ (1.14) $ 0.70 $ 0.09 $ 2.12
Net (Loss) Income Per Share - Diluted (1.14) 0.70 0.09 2.11
Cash dividends per common share $ 0.28 $ 0.27 $ 0.82 $ 0.77
Weighted average common shares outstanding for basic computation 39,107 40,800 39,328 41,168
Dilutive effect of potential common shares 0 267 220 309
Weighted average common shares outstanding for diluted computation 39,107 41,067 39,548 41,477