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Unaudited Quarterly Financial Data
12 Months Ended
Jun. 30, 2015
Quarterly Financial Information Disclosure [Abstract]  
Unaudited Quarterly Financial Data

(20) Unaudited Quarterly Financial Data

 

The following is a summary of the unaudited quarterly results of operations for the years ended June 30, 2015 and 2014.

 

    For the quarter ended  

 

Fiscal year ended June 30, 2015

  September 30, 
2014
    December 31, 
2014
    March 31,
2015
    June 30, 
2015(1)
 
Net sales   $ 130,803     $ 123,765     $ 145,796     $ 146,587  
Gross profit     27,651       30,019       36,598       41,166  
Net income     4,828       6,608       8,411       13,636  
                                 
Net income per diluted share   $ 0.17     $ 0.23     $ 0.29     $ 0.46  
                                 
    For the quarter ended  

 

Fiscal year ended June 30, 2014

    September 30,
2013
      December 31, 
2013
      March 31,
2014
      June 30, 
2014
 
Net sales   $ 129,261     $ 116,508     $ 124,830     $ 139,580  
Gross profit     33,734       26,984       24,963       29,022  
Net income     11,335       6,755       5,356       5,554  
                                 
Net income per diluted share   $ 0.40     $ 0.24     $ 0.19     $ 0.19  

 

The net income per common share calculation for each of the quarters is based on the weighted average number of shares outstanding in each period. Therefore, the sum of the quarters in a year does not necessarily equal the year’s net income per common share.

 

(1)Includes pretax items consisting of $1,618 environmental remediation charge in connection with Arsynco, $3,468 reversal of contingent consideration related to the PACK acquisition and $3,497 change in estimate for product returns.