Note 4. Revenue (Tables)

6 Months Ended

Dec. 31, 2018



Impact to Condensed Consolidated Statements of Income
	Three Months Ended December 31, 2017
(Amounts in Thousands)	As Originally Reported			Adoption of New Revenue Standard		As Adjusted
Net Sales	$	173,674		$	4,940	$	178,614
Cost of Sales	119,738			1,456		121,194
Gross Profit	53,936			3,484		57,420
Selling and Administrative Expenses	41,931			3,484		45,415
Operating Income	12,005			—		12,005
Operating Income as of Percent of Net Sales	6.9		%			6.7		%

	Six Months Ended December 31, 2017
(Amounts in Thousands)	As Originally Reported			Adoption of New Revenue Standard		As Adjusted
Net Sales	$	343,191		$	10,783	$	353,974
Cost of Sales	229,666			2,881		232,547
Gross Profit	113,525			7,902		121,427
Selling and Administrative Expenses	85,563			7,902		93,465
Operating Income	27,962			—		27,962
Operating Income as of Percent of Net Sales	8.1		%			7.9		%



Impact to Condensed Consolidated Balance Sheet
	As of June 30, 2018
(Amounts in Thousands)	As Originally Reported		Adoption of New Revenue Standard		As Adjusted
Receivables, net of allowances	$	60,984	$	1,292	$	62,276
Accrued Expenses	49,294		1,292		50,586

The following table provides information about revenue by vertical market:

Changes in the customer deposits during the six months ended December 31, 2018 are as follows:



(Amounts in Millions)	Customer Deposits
Balance as of June 30, 2018	$	21.3
Increases due to deposits received, net of other adjustments	62.5
Revenue recognized	(57.0		)
Balance as of December 31, 2018	$	26.8