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CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2021
Dec. 31, 2020
CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED)        
Net sales $ 86,508 $ 133,920 $ 188,033 $ 260,399
Cost of sales 76,990 124,488 157,998 216,675
Amortization of intangibles 3,808 8,657 7,804 17,246
Gross profit 5,710 775 22,231 26,478
Operating expenses:        
Research and development expenses 4,747 5,644 10,511 12,183
Selling, general and administrative expenses 18,791 13,730 37,696 28,866
Restructuring expenses 891   891 4,043
Asset impairment charges 49,361 198,000 49,361 198,000
Total operating expenses 73,790 217,374 98,459 243,092
Operating loss (68,080) (216,599) (76,228) (216,614)
Other income (expense):        
Investment income 46 43 80 88
Interest expense (14,430) (13,496) (28,654) (27,982)
Other 11 28 (51) 5
Total other expense (14,373) (13,425) (28,625) (27,889)
Loss before income tax (82,453) (230,024) (104,853) (244,503)
Income tax benefit (1,368) (58,076) (1,426) (66,056)
Net loss $ (81,085) $ (171,948) $ (103,427) $ (178,447)
Loss per common share:        
Basic (in dollars per share) $ (2.01) $ (4.36) $ (2.58) $ (4.55)
Diluted (in dollars per share) $ (2.01) $ (4.36) $ (2.58) $ (4.55)
Weighted average common shares outstanding:        
Basic (in shares) 40,358,127 39,443,441 40,142,974 39,257,211
Diluted (in shares) 40,358,127 39,443,441 40,142,974 39,257,211