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Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2018
Net sales $ 201,451 $ 228,022 $ 216,328
Cost of goods sold 139,241 153,081 146,771
Gross margin $ 62,210 $ 74,941 $ 69,557
% of net sales 30.90% 32.90% 32.20%
Selling, general and administrative expenses $ 59,437 $ 63,720 $ 64,039
Restructuring charges 1,580
Goodwill and intangibles impairment 6,496
Operating income (loss) (5,303) 11,221 5,518
Other (expense) income (14,694) (1,611) (653)
Earnings (loss) before income taxes (19,997) 9,610 4,865
Income tax expense 1,842 3,531 8,498
Net earnings (loss) $ (21,839) $ 6,079 $ (3,633)
Basic and diluted earnings (loss) per share (in dollars per share) $ (3.14) $ 0.87 $ (0.52)
Average outstanding shares used in per share calculations:      
Basic (in shares) 6,949 6,957 7,014
Diluted (in shares) 6,949 7,026 7,014
Dividends (in dollars per share) $ 0 $ 0 $ 0.20