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Condensed Statements of Consolidated Income (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Mar. 31, 2017
Mar. 31, 2016
Income Statement [Abstract]        
Net Sales $ 679,304 $ 633,172 $ 1,912,275 $ 1,885,422
Cost of Sales 488,502 458,379 1,370,687 1,356,450
Gross Profit 190,802 174,793 541,588 528,972
Selling, Distribution and Administrative, including depreciation 145,335 143,031 415,247 417,822
Goodwill Impairment 0 64,794 0 64,794
Operating Income (Loss) 45,467 (33,032) 126,341 46,356
Interest Expense, net 2,165 2,359 6,411 6,704
Other (Income) Expense, net (47) 65 (656) 1,124
Income (Loss) Before Income Taxes 43,349 (35,456) 120,586 38,528
Income Tax Expense 13,855 9,272 39,636 35,018
Net Income (Loss) $ 29,494 $ (44,728) $ 80,950 $ 3,510
Net Income (Loss) Per Share - Basic $ 0.76 $ (1.14) $ 2.08 $ 0.09
Net Income (Loss) Per Share - Diluted 0.75 (1.14) 2.06 0.09
Cash dividends per common share $ 0.29 $ 0.28 $ 0.85 $ 0.82
Weighted average common shares outstanding for basic computation 38,999 39,107 39,009 39,328
Dilutive effect of potential common shares 463 0 375 220
Weighted average common shares outstanding for diluted computation 39,462 39,107 39,384 39,548