XML 60 R49.htm IDEA: XBRL DOCUMENT v3.19.1
Changes in Accounting Principles and Corrections to Previously Issued Financial Statements - Schedules of Accounting Adjustments (Details) - USD ($)
$ / shares in Units, $ in Thousands
3 Months Ended 9 Months Ended
Mar. 31, 2019
Dec. 31, 2018
Sep. 30, 2018
Mar. 31, 2018
Dec. 31, 2017
Sep. 30, 2017
Mar. 31, 2019
Mar. 31, 2018
Income Statement Related Disclosures [Abstract]                
Cost of goods sold $ 106,779     $ 105,629     $ 312,513 $ 302,349
Gross profit 39,900     52,298     141,379 154,657
Selling expenses 34,422     37,754     111,323 112,736
General and administrative expenses 11,306     14,157     32,063 39,822
Operating Expenses 46,002     55,083     149,057 155,588
Income (loss) from operations (6,102)     (2,785)     (7,678) (931)
Interest Expense (2,981)     (2,547)     (9,165) (7,221)
Other, net 495     1,817     2,105 5,782
Nonoperating Income (Expense) (2,486)     (729)     (18,008) (1,425)
Income (loss) before taxes (8,588)     (3,514)     (25,686) (2,356)
Income tax expense (benefit) 43,161     (1,321)     39,149 16,058
Net loss (51,749) $ (10,100) $ (2,986) (2,193) $ (17,060) $ 840 (64,835) (18,414)
Net loss available to common stockholders $ (51,883)     $ (2,321)     $ (65,235) $ (18,671)
Net income available to common stockholders per common share—basic (in US$ per share) $ (3.05)     $ (0.14)     $ (3.84) $ (1.12)
Net income available to common stockholders per common share—diluted (in US$ per share) $ (3.05)     $ (0.14)     $ (3.84) $ (1.12)
Adjustments to reconcile net loss to net cash provided by operating activities:                
Deferred income taxes             $ 40,078 $ 15,698
Net losses (gains) on derivative instruments and investments             9,228 305
Change in operating assets and liabilities:                
Inventories             3,937 (7,348)
Derivative assets (liabilities), net             (13,229) (6,129)
Accounts payable             8,466 7,554
Unrealized losses on derivative instruments designated as cash flow hedges, net of tax $ (5,905)     $ (2,430)     (11,254) (4,255)
Gains (losses) on derivative instruments designated as cash flow hedges reclassified to cost of goods sold, net of tax 3,201     438     6,311 (426)
Total comprehensive loss, net of tax $ (53,595)     (4,185)     $ (66,424) (23,095)
As Previously Reported                
Income Statement Related Disclosures [Abstract]                
Cost of goods sold       99,117       283,670
Gross profit       58,810       173,336
Selling expenses       44,736       132,979
General and administrative expenses       13,766       39,007
Operating Expenses       61,674       175,016
Income (loss) from operations       (2,864)       (1,680)
Interest Expense       (902)       (2,286)
Other, net       154       794
Nonoperating Income (Expense)       (747)       (1,478)
Income (loss) before taxes       (3,611)       (3,158)
Income tax expense (benefit)       297       20,497
Net loss       (3,908)       (23,655)
Net loss available to common stockholders       $ (4,036)       $ (23,912)
Net income available to common stockholders per common share—basic (in US$ per share)       $ (0.24)       $ (1.43)
Net income available to common stockholders per common share—diluted (in US$ per share)       $ (0.24)       $ (1.43)
Adjustments to reconcile net loss to net cash provided by operating activities:                
Deferred income taxes               $ 20,138
Net losses (gains) on derivative instruments and investments               3,292
Change in operating assets and liabilities:                
Inventories               (9,533)
Derivative assets (liabilities), net               (6,091)
Accounts payable               7,516
Unrealized losses on derivative instruments designated as cash flow hedges, net of tax       $ (2,437)       (4,148)
Gains (losses) on derivative instruments designated as cash flow hedges reclassified to cost of goods sold, net of tax       1,355       1,724
Total comprehensive loss, net of tax       (4,990)       (26,079)
Restatement Adjustment                
Income Statement Related Disclosures [Abstract]                
Cost of goods sold       (87)       (216)
Gross profit       87       216
Selling expenses       (287)       (546)
General and administrative expenses       391       815
Operating Expenses       104       269
Income (loss) from operations       (18)       (53)
Interest Expense       (1,645)       (4,935)
Other, net       1,663       4,988
Nonoperating Income (Expense)       18       53
Income (loss) before taxes       0       0
Income tax expense (benefit)       0       0
Net loss       0       0
Net loss available to common stockholders       $ 0       $ 0
Net income available to common stockholders per common share—basic (in US$ per share)       $ 0.00       $ 0.00
Net income available to common stockholders per common share—diluted (in US$ per share)       $ 0.00       $ 0.00
Restatement Adjustment | LIFO to FIFO Adjustment                
Income Statement Related Disclosures [Abstract]                
Cost of goods sold       $ (891)       $ 994
Gross profit       891       (994)
Selling expenses       0       0
General and administrative expenses       0       0
Operating Expenses       0       0
Income (loss) from operations       891       (994)
Interest Expense       0       0
Other, net       0       0
Nonoperating Income (Expense)       0       0
Income (loss) before taxes       891       (994)
Income tax expense (benefit)       (1,562)       (4,931)
Net loss       2,452       3,937
Net loss available to common stockholders       $ 2,452       $ 3,937
Net income available to common stockholders per common share—basic (in US$ per share)       $ 0.14       $ 0.23
Net income available to common stockholders per common share—diluted (in US$ per share)       $ 0.14       $ 0.23
Adjustments to reconcile net loss to net cash provided by operating activities:                
Deferred income taxes               $ (4,932)
Net losses (gains) on derivative instruments and investments               (2,987)
Change in operating assets and liabilities:                
Inventories               3,981
Derivative assets (liabilities), net               (38)
Accounts payable               38
Restatement Adjustment | Preferable Freight and Warehousing Adjustments                
Income Statement Related Disclosures [Abstract]                
Cost of goods sold       $ 5,888       15,578
Gross profit       (5,888)       (15,578)
Selling expenses       (5,495)       (16,418)
General and administrative expenses       0       0
Operating Expenses       (5,495)       (16,418)
Income (loss) from operations       (393)       840
Interest Expense       0       0
Other, net       0       0
Nonoperating Income (Expense)       0       0
Income (loss) before taxes       (393)       840
Income tax expense (benefit)       436       1,699
Net loss       (829)       (859)
Net loss available to common stockholders       $ (829)       $ (859)
Net income available to common stockholders per common share—basic (in US$ per share)       $ (0.05)       $ (0.05)
Net income available to common stockholders per common share—diluted (in US$ per share)       $ (0.05)       $ (0.05)
Adjustments to reconcile net loss to net cash provided by operating activities:                
Deferred income taxes               $ 1,699
Net losses (gains) on derivative instruments and investments               0
Change in operating assets and liabilities:                
Inventories               (840)
Derivative assets (liabilities), net               0
Accounts payable               0
Restatement Adjustment | Corrections of Freight, Overhead Variances and PPVs                
Income Statement Related Disclosures [Abstract]                
Cost of goods sold       $ 1,602       2,323
Gross profit       (1,602)       (2,323)
Selling expenses       (1,200)       (3,279)
General and administrative expenses       0       0
Operating Expenses       (1,200)       (3,279)
Income (loss) from operations       (401)       956
Interest Expense       0       0
Other, net       0       0
Nonoperating Income (Expense)       0       0
Income (loss) before taxes       (401)       956
Income tax expense (benefit)       (492)       (1,207)
Net loss       92       2,163
Net loss available to common stockholders       $ 92       $ 2,163
Net income available to common stockholders per common share—basic (in US$ per share)       $ 0.01       $ 0.13
Net income available to common stockholders per common share—diluted (in US$ per share)       $ 0.01       $ 0.13
Adjustments to reconcile net loss to net cash provided by operating activities:                
Deferred income taxes               $ (1,207)
Net losses (gains) on derivative instruments and investments               0
Change in operating assets and liabilities:                
Inventories               (956)
Derivative assets (liabilities), net               0
Accounts payable               $ 0