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Unaudited Quarterly Financial Data (Tables)
12 Months Ended
Jun. 30, 2016
Quarterly Financial Information Disclosure [Abstract]  
Schedule of unaudited quarterly financial data
 
    For the quarter ended  
Fiscal year ended June 30, 2016   September 30,
2015
    December 31,
2015
    March 31,
2016(1)
    June 30,
2016(2)
 
Net sales   $ 133,500     $ 131,674     $ 157,926     $ 135,424  
Gross profit     34,581       35,868       38,289       34,047  
Net income     9,298       8,270       10,424       6,774  
                                 
Net income per diluted share   $ 0.32     $ 0.28     $ 0.35     $ 0.23  

 

    For the quarter ended  
Fiscal year ended June 30, 2015   September 30,
2014
    December 31,
2014
    March 31,
2015
    June 30,
2015(3)
 
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  

 

 

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 $833 reversal of contingent consideration related to the PACK acquisition and $241 reversal of contingent consideration related to the acquisition of a company in France.

 

(2) Includes pretax item of $1,313 environmental remediation charge in connection with Arsynco.

 

(3 ) 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.