Business Combinations (Tables)

12 Months Ended

Jun. 30, 2014

Business Combinations [Abstract]

Schedule of allocation of the purchase price to the estimated fair values of the assets acquired and liabilities assumed

The following table summarizes the allocation of the purchase price to the estimated fair values of the assets acquired and liabilities assumed on the closing date of April 30, 2014:

Trade receivables	$	11,592
Other receivables		1,215
Inventory		7,711
Prepaid expenses and other current assets		239
Property and equipment, net		311
Goodwill		32,722
Intangible assets		52,540
Total assets acquired		106,330
Accounts payable		3,383
Accrued expenses		7,626
Contingent consideration		3,725
Net assets acquired	$	91,596

Schedule of unaudited pro forma operating results

The following represents unaudited pro forma operating results as if the operations of PACK had been included in the Company’s consolidated statements of operations as of July 1, 2012:

	Year ended
	June 30,
	2014		2013
Net sales	$	551,744	$	538,058
Net income		29,704		20,140
Net income per common share	$	1.05	$	.74
Diluted net income per common share	$	1.03	$	.73