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Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands
3 Months Ended 6 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2015
Dec. 31, 2014
Net sales $ 53,671,000 $ 63,821,000 $ 104,709,000 $ 123,993,000
Cost of goods sold 37,672,000 41,657,000 72,858,000 82,686,000
Gross margin $ 15,999,000 $ 22,164,000 $ 31,851,000 $ 41,307,000
% of Net sales 29.80% 34.70% 30.40% 33.30%
Selling, general and administrative expenses $ 14,796,000 $ 18,461,000 $ 30,469,000 $ 36,538,000
Operating income 1,203,000 3,703,000 1,382,000 4,769,000
Other income (expense) (211,000) 620,000 92,000 1,295,000
Income before income taxes 992,000 4,323,000 1,474,000 6,064,000
Income tax expense 534,000 1,876,000 1,194,000 2,694,000
Net income $ 458,000 $ 2,447,000 $ 280,000 $ 3,370,000
Basic and diluted income per share (in dollars per share) $ 0.07 $ 0.35 $ 0.04 $ 0.48
Weighted average outstanding shares used in per share calculations:        
Basic (in shares) 7,022 6,974 7,018 6,970
Diluted (in shares) 7,043 7,012 7,050 7,010
Dividends per share declared (in dollars per share) $ 0.10 $ 0.10 $ 0.20 $ 0.20