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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2022
Dec. 31, 2021
Net Sales $ 128,804 $ 111,143 $ 255,873 $ 217,540
Cost of products and services sold 94,646 85,695 186,964 167,582
Severence Costs 18 0 31 0
Gross profit 34,140 25,448 68,878 49,958
Selling and administrative expenses 25,102 21,026 49,819 41,092
Operating income 9,038 4,422 19,059 8,866
Interest expense 1,258 529 2,046 763
Other expense (income) (55) 9 158 88
Income before income taxes 7,835 3,884 16,855 8,015
Income tax expense 1,418 779 4,177 1,777
Net income $ 6,417 $ 3,105 $ 12,678 $ 6,238
Earnings per common share (see Note 4)        
Basic (in dollars per share) $ 0.23 $ 0.11 $ 0.45 $ 0.23
Diluted (in dollars per share) $ 0.22 $ 0.11 $ 0.44 $ 0.22
Weighted average common shares outstanding        
Basic (in shares) 28,078 27,292 27,874 27,144
Diluted (in shares) 29,204 28,067 28,766 27,895