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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Mar. 31, 2020
Mar. 31, 2019
Net Sales $ 71,010 $ 72,832 $ 242,088 $ 247,330
Cost of products and services sold 54,834 57,180 183,558 190,207
Restructuring costs 223 261 758 792
Severance costs 11 54 11 77
Gross profit 15,942 15,337 57,761 56,254
Selling and administrative expenses 17,032 17,515 55,045 54,990
Restructuring (gain) costs (3,729) 107 (8,576) 132
Severance costs 8 (12) 62 457
Impairment of goodwill 20,165
Transition and realignment costs 120
Operating income (loss) 2,631 (2,273) 11,230 (19,610)
Interest (income) (1) (6) (3) (37)
Interest expense 129 585 795 1,749
Other expense 642 183 633 183
Income (loss) before income taxes 1,861 (3,035) 9,805 (21,505)
Income tax expense (benefit) 133 1,726 (4,304)
Net income (loss) $ 1,861 $ (3,168) $ 8,079 $ (17,201)
Earnings (loss) per common share (see Note 4)        
Basic (in dollars per share) $ 0.07 $ (0.12) $ 0.31 $ (0.66)
Diluted (in dollars per share) $ 0.07 $ (0.12) $ 0.31 $ (0.66)
Weighted average common shares outstanding        
Basic (in shares) 26,301 26,132 26,250 26,083
Diluted (in shares) [1] 26,623 26,132 26,423 26,083
[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.