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Condensed Consolidated Income Statements (Unaudited) - USD ($) shares in Thousands, $ in Thousands | 3 Months Ended | 9 Months Ended
--- | --- | ---
Mar. 31, 2018 | Mar. 31, 2017 | Mar. 31, 2018 | Mar. 31, 2017
Income Statement [Abstract] |  |  |  |
Net sales | $ 895,637 | $ 813,538 | $ 2,852,408 | $ 2,650,895
Cost of goods sold | 791,749 | 720,867 | 2,529,632 | 2,368,155
Gross profit | 103,888 | 92,671 | 322,776 | 282,740
Selling, general and administrative expenses | 72,691 | 63,853 | 220,642 | 193,999
Depreciation expense | 3,352 | 2,663 | 10,059 | 7,155
Intangible amortization expense | 5,103 | 4,217 | 15,600 | 11,537
Change in fair value of contingent consideration | 4,801 | 1,960 | 28,595 | 3,921
Operating income | 17,941 | 19,978 | 47,880 | 66,128
Interest expense | 2,784 | 780 | 6,655 | 2,281
Interest income | (887) | (1,040) | (2,349) | (2,948)
Other (income) expense, net | 252 | 667 | 691 | (11,280)
Income before income taxes | 15,792 | 19,571 | 42,883 | 78,075
Provision for income taxes | 5,143 | 7,147 | 20,118 | 27,799
Net income | $ 10,649 | $ 12,424 | $ 22,765 | $ 50,276
Per share data: |  |  |  |
Net income per common share, basic (in dollars per share) | $ 0.42 | $ 0.49 | $ 0.89 | $ 1.99
Weighted-average shares outstanding, basic (in shares) | 25,572 | 25,262 | 25,503 | 25,311
Net income per common share, diluted (in dollars per share) | $ 0.42 | $ 0.49 | $ 0.89 | $ 1.97
Weighted-average shares outstanding, diluted (in shares) | 25,606 | 25,400 | 25,607 | 25,458

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- Definition The aggregate expense charged against earnings to allocate the cost of intangible assets (nonphysical assets not used in production) in a systematic and rational manner to the periods expected to benefit from such assets. As a noncash expense, this element is added back to net income when calculating cash provided by or used in operations using the indirect method. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 45 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6388964&loc=d3e16225-109274 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 28 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=98514028&loc=d3e3602-108585 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 2 -Subparagraph (a)(2) -URI http://asc.fasb.org/extlink&oid=66006027&loc=d3e16323-109275 + Details
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