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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Mar. 31, 2020
Mar. 31, 2019
Income Statement [Abstract]        
Net sales $ 129,139 $ 146,679 $ 420,237 $ 453,892
Cost of goods sold 91,190 106,779 297,662 312,513
Gross profit 37,949 39,900 122,575 141,379
Selling expenses 31,968 34,422 100,488 111,323
General and administrative expenses 8,833 11,306 32,839 32,063
Restructuring and other transition expenses 0 26 0 4,700
Net losses (gains) from sales of assets 287 248 (23,375) 971
Impairment of goodwill and intangible assets 42,030 0 42,030 0
Operating expenses 83,118 46,002 151,982 149,057
Loss from operations (45,169) (6,102) (29,407) (7,678)
Other (expense) income:        
Interest expense (2,478) (2,981) (7,885) (9,165)
Postretirement benefits curtailment and pension settlement charge 5,760 0 5,760 (10,948)
Other, net 1,076 495 2,941 2,105
Total other income (expense) 4,358 (2,486) 816 (18,008)
Loss before taxes (40,811) (8,588) (28,591) (25,686)
Income tax (benefit) expense (1,034) 43,161 (1,222) 39,149
Net loss (39,777) (51,749) (27,369) (64,835)
Less: Cumulative preferred dividends, undeclared and unpaid 139 134 414 400
Net loss available to common stockholders $ (39,916) $ (51,883) $ (27,783) $ (65,235)
Net income (loss) per common share - basic (in US$ per share) $ (2.32) $ (3.05) $ (1.62) $ (3.84)
Net income (loss) per common share - diluted (in US$ per share) $ (2.32) $ (3.05) $ (1.62) $ (3.84)
Weighted average common shares outstanding - basic (in shares) 17,230,879 17,003,206 17,161,477 16,982,247
Weighted average common shares outstanding—diluted (in shares) 17,230,879 17,003,206 17,161,477 16,982,247