XML 16 R4.htm IDEA: XBRL DOCUMENT v3.10.0.1
Condensed Consolidated Income Statements (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2018
Dec. 31, 2017
Income Statement [Abstract]        
Net sales $ 1,046,021 $ 1,032,212 $ 2,018,921 $ 1,956,771
Cost of goods sold 925,543 919,241 1,786,229 1,737,883
Gross profit 120,478 112,971 232,692 218,888
Selling, general and administrative expenses 80,950 74,763 158,880 147,950
Depreciation expense 3,272 3,467 6,538 6,707
Intangible amortization expense 4,700 5,487 9,703 10,498
Change in fair value of contingent consideration 1,850 6,913 6,434 23,794
Operating income 29,706 22,341 51,137 29,939
Interest expense 3,119 2,285 5,746 3,870
Interest income (264) (580) (715) (1,462)
Other expense, net 201 326 233 441
Income before income taxes 26,650 20,310 45,873 27,090
Provision for income taxes 6,668 12,341 11,570 14,974
Net income $ 19,982 $ 7,969 $ 34,303 $ 12,116
Per share data:        
Net income per common share, basic (in dollars per share) $ 0.78 $ 0.31 $ 1.34 $ 0.48
Weighted-average shares outstanding, basic (in shares) 25,640 25,506 25,619 25,470
Net income per common share, diluted (in dollars per share) $ 0.78 $ 0.31 $ 1.33 $ 0.47
Weighted-average shares outstanding, diluted (in shares) 25,750 25,648 25,752 25,612