XML 16 R4.htm IDEA: XBRL DOCUMENT v3.8.0.1
Condensed Consolidated Income Statements (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended 6 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2017
Dec. 31, 2016
Income Statement [Abstract]        
Net sales $ 1,032,212 $ 904,792 $ 1,956,771 $ 1,837,357
Cost of goods sold 919,241 806,258 1,737,883 1,647,289
Gross profit 112,971 98,534 218,888 190,068
Selling, general and administrative expenses 74,763 66,880 147,950 130,145
Depreciation expense 3,467 2,423 6,707 4,492
Intangible amortization expense 5,487 4,165 10,498 7,320
Change in fair value of contingent consideration 6,913 1,791 23,794 1,961
Operating income 22,341 23,275 29,939 46,150
Interest expense 2,285 912 3,870 1,501
Interest income (580) (892) (1,462) (1,908)
Other (income) expense, net 326 (12,526) 441 (11,948)
Income before income taxes 20,310 35,781 27,090 58,505
Provision for income taxes 12,341 12,745 14,974 20,653
Net income $ 7,969 $ 23,036 $ 12,116 $ 37,852
Per share data:        
Net income per common share, basic (in dollars per share) $ 0.31 $ 0.92 $ 0.48 $ 1.49
Weighted-average shares outstanding, basic (in shares) 25,506 25,146 25,470 25,334
Net income per common share, diluted (in dollars per share) $ 0.31 $ 0.91 $ 0.47 $ 1.48
Weighted-average shares outstanding, diluted (in shares) 25,648 25,285 25,612 25,490