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Business Combinations (Tables)
6 Months Ended
Dec. 31, 2016
Business Combinations [Abstract]  
Schedule of purchase price to the estimated fair values of the assets acquired and liabilities assumed

 

Trade receivables   $ 79,286  
Inventory     38,995  
Prepaid expenses and other current assets     1,426  
Goodwill     173,583  
Intangible assets     224,850  
Total assets acquired     518,140  
         
Accounts payable     46,840  
Accrued expenses     58,470  
Deferred payment     50,000  
Contingent consideration     2,430  
         
Net assets acquired   $ 360,400  
 
Schedule of unaudited pro forma operating results
    Six months ended  
    December 31,  
    2016     2015  
             
Net sales   $ 354,570     $ 350,003  
Net income     11,980       12,660  
Net income per common share   $ 0.35     $ 0.37  
Diluted net income per common share   $ 0.34     $ 0.37