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Consolidated Statements of Operations (USD $)
In Thousands, except Per Share data, unless otherwise specified
12 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Jun. 30, 2012
Net sales $ 299,463 [1] $ 280,790 [1] $ 268,402 [1]
Cost of products and services sold 234,165 220,380 208,089
Gross profit 65,298 60,410 60,313
Selling and administrative expenses 62,175 57,367 53,724
Goodwill and intangible asset impairments 805 [2] 2,413 [2] 258 [2]
Operating income 2,318 630 6,331
Interest (income) (17) (47) (25)
Interest expense 68 62 165
Income before income taxes 2,267 615 6,191
Income tax expense 1,337 738 2,967
Net income (loss) $ 930 $ (123) $ 3,224
Earnings (loss) per common share (see Note 3)      
Basic (in Dollars per share) $ 0.04 $ (0.01) $ 0.13
Diluted (in Dollars per share) $ 0.04 $ (0.01) $ 0.13
Weighted average common shares outstanding      
Basic (in Shares) 24,388 24,313 24,298
Diluted (in Shares) 24,546 [3] 24,313 [3] 24,352 [3]
[1] Net sales are attributed to geographic areas based upon the location of the operation making the sale.
[2] The Company recorded a significant impairment of goodwill and/or intangible assets in fiscal 2014 and 2013, and minor impairments in fiscal 2012 and 2010. See Note 6.
[3] Options to purchase 1,974,775 common shares, 2,027,450 common shares, and 1,782,868 common shares at June 30, 2014, 2013, and 2012, respectively, were not included in the computation of diluted earnings per share because the exercise price was greater than the average fair market value of the common shares.