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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Net sales $ 88,701 $ 84,957
Cost of products and services sold 66,588 63,541
Restructuring costs 258 155
Gross profit 21,855 21,261
Selling and administrative expenses 19,862 18,327
Restructuring (gain) (4,846)
Operating income 6,839 2,934
Interest (income) (1) (14)
Interest expense 432 532
Other expense 82
Income before income taxes 6,326 2,416
Income tax expense 1,851 667
Net income $ 4,475 $ 1,749
Earnings per common share (see Note 4)    
Basic earnings per share (in dollars per share) $ 0.17 $ 0.07
Diluted earnings per share (in dollars per share) $ 0.17 $ 0.07
Weighted average common shares outstanding    
Basic (in shares) 26,236 26,032
Diluted (in shares) [1] 26,293 26,365
[1] Options to purchase 2,861,423 common shares and 3,146,466 common shares at September 30, 2019 and 2018, respectively, were not included in the computation of the three month period for diluted earnings per share, respectively, because the exercise price was greater than the average fair market value of the common shares.