XML 18 R2.htm IDEA: XBRL DOCUMENT v3.22.0.1
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2021
Dec. 31, 2020
Net Sales $ 111,143 $ 76,387 $ 217,540 $ 146,393
Cost of products and services sold 85,695 56,676 167,582 108,407
Severance costs 0 5 0 5
Restructuring costs 0 0 0 3
Gross profit 25,448 19,706 49,958 37,978
Selling and administrative expenses 21,026 17,004 41,092 33,074
Severance costs 0 16 0 16
Operating income 4,422 2,686 8,866 4,888
Interest (income) 0 (1) 0 (2)
Interest expense 529 63 763 121
Other expense (income) 9 (135) 88 (240)
Income before income taxes 3,884 2,759 8,015 5,009
Income tax expense 779 551 1,777 811
Net income $ 3,105 $ 2,208 $ 6,238 $ 4,198
Earnings per common share (see Note 5)        
Basic (in dollars per share) $ 0.11 $ 0.08 $ 0.23 $ 0.16
Diluted (in dollars per share) $ 0.11 $ 0.08 $ 0.22 $ 0.15
Weighted average common shares outstanding        
Basic (in shares) 27,292 26,639 27,144 26,580
Diluted (in shares) 28,067 27,360 27,895 27,161