Quarterly Financial Information - Unaudited (Tables)

12 Months Ended

Jun. 30, 2023

Quarterly Financial Information - Unaudited [Abstract]

Quarterly Financial Information

(in thousands, except per share amounts)	For the Quarter Ended
	September 30		December 31(a)		March 31		June 30(b)
Fiscal 2023:
Net sales	$	95,684	$	93,137	$	99,052	$	105,819
Gross margin		15,349		15,838		18,645		21,115
Operating income		428		3,762		2,116		4,236
Net income		289		2,853		1,475		10,161
Earnings per share:
Basic	$	0.05	$	0.54	$	0.28	$	1.97
Diluted	$	0.05	$	0.53	$	0.28	$	1.91

(a)During the quarter ended December 31, 2022, the Company recorded income of $2.8 million as a result of insurance proceeds received related to the settlement of the environmental remediation liability. See Note 13 Commitments and Contingencies, of the Notes to Consolidated Financial Statements, included in this Annual Report on Form 10-K for more information.

(b)During the quarter June 30, 2023, it was determined the Company has reached a more-likely- than-not position that the Company will realize the entirety of its deferred tax assets. Therefore, the Company has reversed the valuation allowance against the federal and state deferred tax assets recorded as of June 30, 2022 of $9.8 million. See Note 10 Income Taxes, included in this Annual Report on Form 10-K for more information.

	For the Quarter Ended
	September 30		December 31		March 31		June 30
Fiscal 2022:
Net sales	$	137,689	$	141,668	$	140,408	$	124,517
Gross margin		23,410		9,527		22,071		17,672
Operating income (loss)		5,873		(8,636)		5,814		3,566
Net income (loss)		4,353		(7,545)		5,316		(271)
Earnings (loss) per share:
Basic	$	0.64	$	(1.13)	$	0.84	$	(0.05)
Diluted	$	0.61	$	(1.13)	$	0.82	$	(0.05)