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Organization and Summary of Significant Accounting Policies (Tables) | 9 Months Ended
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Mar. 31, 2019
Organization, Consolidation and Presentation of Financial Statements [Abstract] |
Summary of the impact ASC 606 adoption | The following tables summarize the impacts of the adoption of ASC 606 on the Company’s condensed consolidated financial statements. The adoption of ASC 606 did not have any impact on the net cash provided by operating activities. Selected Captions from the Condensed Consolidated Balance Sheet as of March 31, 2019 (in thousands)
| As Reported |  | Adjustments |  | Balances without adoption of ASC 606
ASSETS |  |  |  |  |
Accounts receivable, net of allowances | $ | 327,366 |  |  | $ | (17,367 | ) |  | $ | 309,999 |
Inventories | 761,113 |  |  | 11,808 |  |  | 772,921 |
Prepaid expenses and other current assets | 97,857 |  |  | (1,916 | ) |  | 95,941 |
Deferred income taxes, net | 33,776 |  |  | 1,558 |  |  | 35,334 |
LIABILITIES AND STOCKHOLDERS' EQUITY |  |  |  |  |
Accrued liabilities | $ | 112,951 |  |  | $ | (4,655 | ) |  | $ | 108,296 |
Deferred revenue | 87,746 |  |  | 653 |  |  | 88,399 |
Income taxes payable | 8,729 |  |  | 71 |  |  | 8,800 |
Deferred revenue, non-current | 105,584 |  |  | 2,783 |  |  | 108,367 |
Retained earnings | 588,193 |  |  | (4,769 | ) |  | 583,424 |
Selected Captions from the Condensed Consolidated Statement of Operations for the Three and Nine Months ended March 31, 2019 (in thousands)
| Three Months Ended March 31, 2019 |  | Nine Months Ended March 31, 2019
| As Reported |  | Adjustments |  | Balances without adoption of ASC 606 |  | As Reported |  | Adjustments |  | Balances without adoption of ASC 606
Net sales | $ | 743,499 |  |  | $ | (1,621 | ) |  | $ | 741,878 |  |  | $ | 2,646,126 |  |  | $ | 18,449 |  |  | $ | 2,664,575 |
Cost of sales | 631,172 |  |  | (403 | ) |  | 630,769 |  |  | 2,282,638 |  |  | 18,995 |  |  | 2,301,633 |
Gross profit | 112,327 |  |  | (1,218 | ) |  | 111,109 |  |  | 363,488 |  |  | (546 | ) |  | 362,942 |
General and administrative | 36,174 |  |  | (1,626 | ) |  | 34,548 |  |  | 106,214 |  |  | (2,662 | ) |  | 103,552 |
Income before income tax provision | 11,502 |  |  | 408 |  |  | 11,910 |  |  | 62,320 |  |  | 2,116 |  |  | 64,436 |
Income tax provision | 497 |  |  | (244 | ) |  | 253 |  |  | 10,540 |  |  | 71 |  |  | 10,611 |
Net income | 10,646 |  |  | 652 |  |  | 11,298 |  |  | 48,208 |  |  | 2,045 |  |  | 50,253 |

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- Definition Tabular disclosure of changes in accounting principles, including adoption of new accounting pronouncements, that describes the new methods, amount and effects on financial statement line items. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 250 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=109234566&loc=d3e22499-107794 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section 45 -Paragraph 13 -URI http://asc.fasb.org/extlink&oid=116846552&loc=d3e765-108305 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.10-01.(b)(6)) -URI http://asc.fasb.org/extlink&oid=27015980&loc=d3e46468-122699 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section 45 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=116846552&loc=d3e725-108305 Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 250 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=109234566&loc=d3e22583-107794 + Details
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