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SUPPLEMENTARY DATA UNAUDITED QUARTERLY RESULTS | 12 Months Ended
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Jun. 30, 2023
SUPPLEMENTARY DATA UNAUDITED QUARTERLY RESULTS |
SUPPLEMENTARY DATA UNAUDITED QUARTERLY RESULTS | SUPPLEMENTARY DATA UNAUDITED QUARTERLY RESULTS The following tables present unaudited quarterly financial information for the four quarters in the fiscal years ended June 30, 2022 and 2023 (in thousands, except per share data): ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Quarter Ended
​ | ​ | September 30, | ​ | December 31, | ​ | March 31, | ​ | June 30,
​ |  | 2021 |  | 2021 |  | 2022 |  | 2022
​ | ​ | (Unaudited)
Net revenues | ​ | $ | 279,257 | ​ | $ | 276,681 | ​ | $ | 290,477 | ​ | $ | 336,821
Costs of goods sold | ​ |  | 179,927 | ​ |  | 176,908 | ​ |  | 187,619 | ​ |  | 214,355
Gross profit | ​ |  | 99,330 | ​ |  | 99,773 | ​ |  | 102,858 | ​ |  | 122,466
Operating expenses: | ​ |  | ​ | ​ |  | ​ | ​ |  | ​ | ​ |  | ​
Selling, general and administrative | ​ |  | 57,323 | ​ |  | 54,879 | ​ |  | 57,813 | ​ |  | 65,538
Research and development | ​ |  | 14,817 | ​ |  | 14,977 | ​ |  | 15,150 | ​ |  | 14,639
Impairment, restructuring and other charges, net | ​ |  | 2,510 | ​ |  | 831 | ​ |  | 1,469 | ​ |  | 2,732
Total operating expenses | ​ |  | 74,650 | ​ |  | 70,687 | ​ |  | 74,432 | ​ |  | 82,909
Income from operations | ​ |  | 24,680 | ​ |  | 29,086 | ​ |  | 28,426 | ​ |  | 39,557
Interest and other expense, net | ​ |  | (2,016) | ​ |  | (2,217) | ​ |  | (2,301) | ​ |  | (2,428)
Other income | ​ | ​ | — | ​ | ​ | — | ​ | ​ | 27,373 | ​ | ​ | —
Income before income taxes | ​ |  | 22,664 | ​ |  | 26,869 | ​ |  | 53,498 | ​ |  | 37,129
Provision for income taxes | ​ |  | (3,612) | ​ |  | (7,072) | ​ |  | (10,763) | ​ |  | (3,366)
Net income | ​ | $ | 19,052 | ​ | $ | 19,797 | ​ | $ | 42,735 | ​ | $ | 33,763
Basic earnings per common share | ​ | $ | 1.06 | ​ | $ | 1.11 | ​ | $ | 2.45 | ​ | $ | 1.99
Diluted earnings per common share | ​ | $ | 1.04 | ​ | $ | 1.09 | ​ | $ | 2.41 | ​ | $ | 1.94
​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Quarter Ended
​ | ​ | September 30, | ​ | December 31, | ​ | March 31, | ​ | June 30,
​ |  | 2022 |  | 2022 |  | 2023 |  | 2023
​ | ​ | (Unaudited)
Net revenues | ​ | $ | 268,071 | ​ | $ | 295,597 | ​ | $ | 302,889 | ​ | $ | 411,870
Costs of goods sold | ​ |  | 180,574 | ​ |  | 199,390 | ​ |  | 199,103 | ​ |  | 268,850
Gross profit | ​ |  | 87,497 | ​ |  | 96,207 | ​ |  | 103,786 | ​ |  | 143,020
Operating expenses: | ​ |  | ​ | ​ |  | ​ | ​ |  | ​ | ​ |  | ​
Selling, general and administrative | ​ |  | 53,438 | ​ |  | 54,003 | ​ |  | 53,707 | ​ |  | 67,165
Research and development | ​ |  | 14,540 | ​ |  | 14,456 | ​ |  | 14,852 | ​ |  | 15,504
Impairment, restructuring and other charges, net | ​ |  | 1,219 | ​ |  | 2,257 | ​ |  | 890 | ​ |  | 3,200
Total operating expenses | ​ |  | 69,197 | ​ |  | 70,716 | ​ |  | 69,449 | ​ |  | 85,869
Income from operations | ​ |  | 18,300 | ​ |  | 25,491 | ​ |  | 34,337 | ​ |  | 57,151
Interest and other expense, net | ​ |  | (3,432) | ​ |  | (5,180) | ​ |  | (5,727) | ​ | ​ | (5,702)
Other income | ​ | ​ | — | ​ | ​ | — | ​ | ​ | — | ​ | ​ | —
Income before income taxes | ​ |  | 14,868 | ​ |  | 20,311 | ​ |  | 28,610 | ​ |  | 51,449
Provision for income taxes | ​ |  | (3,633) | ​ |  | (3,957) | ​ |  | (6,802) | ​ |  | (9,068)
Net income | ​ | $ | 11,235 | ​ | $ | 16,354 | ​ | $ | 21,808 | ​ | $ | 42,381
Basic earnings per common share | ​ | $ | 0.66 | ​ | $ | 0.97 | ​ | $ | 1.30 | ​ | $ | 2.53
Diluted earnings per common share | ​ | $ | 0.65 | ​ | $ | 0.96 | ​ | $ | 1.27 | ​ | $ | 2.46
​

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