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Note 18 - Quarterly Results of Operations (Unaudited)
12 Months Ended
Jun. 30, 2020
Notes to Financial Statements  
Quarterly Financial Information [Text Block]

 

18. Quarterly Results of Operations (Unaudited)

 

The unaudited quarterly results of operations for the years ended June 30, 2020 and 2019 are as follows (in thousands, except for per share data):

 

   

2020

 
   

First

   

Second

   

Third

   

Fourth

 

Net sales

  $ 196,444     $ 190,585     $ 187,039     $ 142,308  

Gross profit

    68,283       66,453       58,108       46,550  

Net income

    12,439       12,237       (6,323 )     1,835  

EARNINGS PER SHARE (1)

                               
                                 

Basic

  $ 1.01     $ 0.99     $ (0.51 )   $ 0.15  

Diluted

  $ 1.00     $ 0.99     $ (0.51 )   $ 0.15  

 

   

2019

 
   

First

   

Second

   

Third

   

Fourth

 

Net sales

  $ 217,528     $ 219,498     $ 216,773     $ 209,199  

Gross profit

    77,050       75,569       68,199       70,081  

Net income

    15,857       13,398       26,269       12,390  

EARNINGS PER SHARE (1)

                               

Basic

  $ 1.25     $ 1.06     $ 2.09     $ 1.00  

Diluted

  $ 1.24     $ 1.05     $ 2.09     $ 0.99  

 

 

(1)

Basic and diluted earnings per share are computed independently for each reporting period. Accordingly, the sum of the quarterly earnings per share amounts may not agree to the year-to-date amounts.