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Quarterly Results of Operations (Unaudited) (Tables)
12 Months Ended
Jun. 30, 2020
Quarterly Financial Information Disclosure [Abstract]  
Summary of Unaudited Quarterly Results

A summary of our unaudited quarterly results is presented below for the years ended June 30, 2020 and 2019. Results are computed independently for each of the quarters presented.  Therefore, the sum of the quarterly amounts presented may not equal the total computed for the year due to rounding.  (In thousands, except per share amounts.)

 

 

 

Quarters Ended

 

 

 

September 30.

 

 

December 31,

 

 

March 31,

 

 

June 30,

 

 

 

2019

 

 

2019

 

 

2020

 

 

2020

 

Net sales

 

$

224,439

 

 

$

324,414

 

 

$

165,698

 

 

$

160,343

 

Gross profit

 

 

81,132

 

 

 

105,776

 

 

 

52,167

 

 

 

45,794

 

Operating income/(loss)

 

 

(8,651

)

 

 

11,099

 

 

 

(30,647

)

 

 

(130,996

)

Net income/(loss)

 

 

(9,629

)

 

 

10,937

 

 

 

(31,040

)

 

 

(136,597

)

Basic income/(loss) per share

 

$

(0.21

)

 

$

0.24

 

 

$

(0.69

)

 

$

(3.01

)

Diluted income/(loss) per share

 

$

(0.21

)

 

$

0.24

 

 

$

(0.69

)

 

$

(3.01

)

 

 

 

Quarters Ended

 

 

 

September 30.

 

 

December 31,

 

 

March 31,

 

 

June 30,

 

 

 

2018

 

 

2018

 

 

2019

 

 

2019

 

Net sales

 

$

227,313

 

 

$

338,418

 

 

$

210,984

 

 

$

230,530

 

Gross profit

 

 

82,418

 

 

 

116,745

 

 

 

76,498

 

 

 

76,654

 

Operating income/(loss)

 

 

(7,588

)

 

 

16,308

 

 

 

(7,811

)

 

 

(11,434

)

Net income/(loss)

 

 

(8,109

)

 

 

16,006

 

 

 

(8,289

)

 

 

(12,049

)

Basic income/(loss) per share

 

$

(0.18

)

 

$

0.35

 

 

$

(0.18

)

 

$

(0.27

)

Diluted income/(loss) per share

 

$

(0.18

)

 

$

0.35

 

 

$

(0.18

)

 

$

(0.27

)