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CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Mar. 31, 2023
Mar. 31, 2022
CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED)        
Net sales $ 80,507 $ 78,357 $ 236,480 $ 266,390
Cost of sales 64,289 72,658 190,832 230,656
Amortization of intangibles 1,043 2,621 3,596 10,425
Gross profit 15,175 3,078 42,052 25,309
Operating expenses (income):        
Research and development expenses 7,105 5,807 19,212 16,318
Selling, general and administrative expenses 20,446 17,572 55,460 55,268
Restructuring expenses 1,795 1,782 2,276 2,673
Asset impairment charges 72,510   83,147 49,361
Gain on sale of intangible assets     (3,563)  
Total operating expenses 101,856 25,161 156,532 123,620
Operating loss (86,681) (22,083) (114,480) (98,311)
Other income (expense), net:        
Investment income 83 34 574 114
Interest expense (15,179) (14,517) (45,393) (43,171)
Loss on loan receivable     (6,826)  
Other income (expense) 336 303 423 252
Total other expense, net (14,760) (14,180) (51,222) (42,805)
Loss before income tax (101,441) (36,263) (165,702) (141,116)
Income tax expense (benefit) 29 (1,365) 95 (2,791)
Net loss $ (101,470) $ (34,898) $ (165,797) $ (138,325)
Loss per common share (1):        
Basic (in dollars per share) $ (9.84) $ (3.45) $ (16.13) $ (13.74)
Diluted (in dollars per share) $ (9.84) $ (3.45) $ (16.13) $ (13.74)
Weighted average common shares outstanding (1):        
Basic (in shares) 10,311,428 10,125,825 10,279,085 10,065,333
Diluted (in shares) 10,311,428 10,125,825 10,279,085 10,065,333