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Unaudited Condensed Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Mar. 31, 2024
Mar. 31, 2023
Net sales $ 177,267 $ 184,332 $ 540,441 $ 552,721
Cost of sales 108,977 113,435 327,853 341,251
Gross profit 68,290 70,897 212,588 211,470
Selling, general, and administrative expenses 41,764 42,954 128,625 127,756
Gain on sale of business 0 (62,105) (274) (62,105)
Restructuring costs 4,037 2,237 7,303 3,330
Acquisition related costs 537 21 2,233 487
Other operating (income) expense, net 110 (727) 110 (611)
Total operating (income) expenses 46,448 (17,620) 137,997 68,857
Income from operations 21,842 88,517 74,591 142,613
Interest expense 949 1,415 3,244 4,168
Other non-operating (income) expense, net 627 747 1,805 1,695
Income from continuing operations before income taxes 20,266 86,355 69,542 136,750
Provision for income taxes 4,327 5,788 15,639 17,783
Income from continuing operations 15,939 80,567 53,903 118,967
Income (loss) from discontinued operations, net of tax (141) (57) (420) (144)
Net income $ 15,798 $ 80,510 $ 53,483 $ 118,823
Basic earnings (loss) per share:        
Continuing operations (in dollars per share) $ 1.35 $ 6.82 $ 4.58 $ 10.06
Discontinued operations (in dollars per share) (0.01) 0 (0.03) (0.01)
Total (in dollars per share) 1.34 6.82 4.55 10.05
Diluted earnings (loss) per share:        
Continuing operations (in dollars per share) 1.35 6.77 4.54 9.98
Discontinued operations (in dollars per share) (0.02) 0 (0.04) (0.01)
Total (in dollars per share) $ 1.33 $ 6.77 $ 4.5 $ 9.97
Weighted average number of shares:        
Basic (in shares) 11,772 11,811 11,764 11,825
Diluted (in shares) 11,849 11,895 11,876 11,917