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Quarterly Financial Information - Unaudited (Tables)
 12 Months Ended
Jun. 30, 2025
Quarterly Financial Information Disclosure [Abstract]  
Quarterly Financial Information

(in thousands, except per share amounts)

 

For the Quarter Ended

 

 

 

September 30

 

 

December 31(a)

 

 

March 31(b)

 

 

June 30(c)

 

Fiscal 2025:

 

 

 

 

 

 

 

 

 

 

 

 

Net sales

 

$

104,007

 

 

$

108,483

 

 

$

113,972

 

 

$

114,611

 

Gross profit

 

 

22,367

 

 

 

22,805

 

 

 

25,336

 

 

 

27,436

 

Operating income

 

 

6,047

 

 

 

11,654

 

 

 

(5,060

)

 

 

13,974

 

Net income

 

 

4,140

 

 

 

9,054

 

 

 

(3,742

)

 

 

10,702

 

Earnings per share:

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

$

0.80

 

 

$

1.73

 

 

$

(0.71

)

 

$

2.03

 

Diluted

 

$

0.74

 

 

$

1.62

 

 

$

(0.71

)

 

$

1.89

 

 

(a)
During the quarter ended December 31, 2024, the Company completed the sale of its Dublin, GA manufacturing facility. See Note 6, Assets Held for Sale of the Notes to Consolidated Financial Statements, included in this Annual Report on Form 10-K for mor information.
(b)
During the quarter ended March 31, 2025, the Company determined that the carrying amount of the right of use asset associated with its 12-year lease for a manufacturing facility in Mexicali, Mexico was no longer fully recoverable and recorded a pre-tax non-cash asset impairment charge of $14.1. See Note 2, Leases, of the Notes to Consolidated Financial Statements, included in this Annual Report on Form 10-K for more information. In addition, during the quarter, the Company completed the sale of an ancillary building, formerly part of its Huntingburg, IN distribution center complex. The Company recorded a pre-tax gain of $0.7 million related to the sale.
(c)
During the quarter June 30, 2025, the Company completed the sale of a second ancillary building, formerly part of its Huntingburg, IN distribution center complex. The Company recorded a pre-tax gain of $3.7 million related to the sale.

 

 

 

For the Quarter Ended

 

 

 

September 30

 

 

December 31(a)

 

 

March 31

 

 

June 30(b)

 

Fiscal 2024:

 

 

 

 

 

 

 

 

 

 

 

 

Net sales

 

$

94,603

 

 

$

100,108

 

 

$

107,219

 

 

$

110,822

 

Gross profit

 

 

18,410

 

 

 

21,950

 

 

 

23,317

 

 

 

23,567

 

Operating income

 

 

1,918

 

 

 

4,584

 

 

 

2,982

 

 

 

7,596

 

Net income

 

 

752

 

 

 

3,051

 

 

 

1,803

 

 

 

4,922

 

Earnings per share:

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

$

0.15

 

 

$

0.59

 

 

$

0.35

 

 

$

0.95

 

Diluted

 

$

0.14

 

 

$

0.57

 

 

$

0.33

 

 

$

0.89

 

 

(a)
During the quarter ended March 31, 2024, the Company recorded expense of $2.6 million as a result of the restructuring activity associated with the closure of the Dublin, Georgia facility. See Note 5 Restructuring, 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, 2024, the Company recorded income of $3.3 million associated with the sale of the Starkville, Mississippi facility. See Note 6, Assets Held for Sale, of the Notes to Consolidated Financial Statements, included in this Annual Report on Form 10-K for more information. The Company recorded expense of $0.4 million as a result of the restructuring activity associated with the closure of the Dublin, Georgia facility. See Note 5 Restructuring, of the Notes to Consolidated Financial Statements, included in this Annual Report on Form 10-K for more information.