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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2019
Dec. 31, 2018
Net Sales $ 82,377 $ 89,541 $ 171,078 $ 174,498
Cost of products and services sold 62,136 69,486 128,724 133,027
Restructuring costs 277 376 535 531
Severance costs 23 23
Gross profit 19,964 19,656 41,819 40,917
Selling and administrative expenses 18,151 19,148 38,013 37,475
Restructuring (gain) costs (1) 25 (4,847) 25
Severance costs 54 469 54 469
Impairment of goodwill 20,165 20,165
Transition and realignment costs 120 120
Operating income (loss) 1,760 (20,271) 8,599 (17,337)
Interest (income) (1) (17) (2) (31)
Interest expense 234 632 666 1,164
Other (income) (91) (9)
Income (loss) before income taxes 1,618 (20,886) 7,944 (18,470)
Income tax (benefit) expense (125) (5,104) 1,726 (4,437)
Net income (loss) $ 1,743 $ (15,782) $ 6,218 $ (14,033)
Earnings (loss) per common share (see Note 4)        
Basic (in dollars per share) $ 0.07 $ (0.61) $ 0.24 $ (0.54)
Diluted (in dollars per share) $ 0.07 $ (0.61) $ 0.24 $ (0.54)
Weighted average common shares outstanding        
Basic (in shares) 26,280 26,083 26,257 26,058
Diluted (in shares) [1] 26,534 26,083 26,364 26,058
[1] Calculated using the "Treasury Stock" method as if dilutive securities were exercised and the funds were used to purchase common shares at the average market price during the period.