XML 49 R4.htm IDEA: XBRL DOCUMENT v3.19.3
Condensed Consolidated Income Statements (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Income Statement [Abstract]    
Net sales $ 1,006,927 $ 972,900
Cost of goods sold 894,828 860,685
Gross profit 112,099 112,215
Selling, general and administrative expenses 82,512 77,931
Depreciation expense 3,548 3,265
Intangible amortization expense 4,962 5,003
Change in fair value of contingent consideration 2,472 4,584
Operating income 18,605 21,432
Interest expense 3,792 2,627
Interest income (800) (451)
Other expense, net 32 32
Income before income taxes 15,581 19,224
Provision for income taxes 4,051 4,902
Net income $ 11,530 $ 14,322
Per share data:    
Net income per common share, basic (in dollars per share) $ 0.45 $ 0.56
Weighted-average shares outstanding, basic (in shares) 25,539 25,599
Net income per common share, diluted (in dollars per share) $ 0.45 $ 0.56
Weighted-average shares outstanding, diluted (in shares) 25,617 25,755