XML 120 R27.htm IDEA: XBRL DOCUMENT v3.2.0.727
Note 19. Quarterly Financial Information (Unaudited)
 12 Months Ended
Jun. 30, 2015
Quarterly Financial Information (Unaudited) [Abstract]  
Quarterly Financial Information
Quarterly Financial Information (Unaudited)
 
Three Months Ended
(Amounts in Thousands, Except for Per Share Data)
September 30
 
December 31
 
March 31
 
June 30
Fiscal Year 2015:
 
 
 
 
 
 
 
Net Sales
$
203,803

 
$
207,563

 
$
206,858

 
$
201,126

Gross Profit
17,903

 
17,858

 
18,953

 
17,709

Net Income
5,391

 
6,229

 
7,191

 
7,394

Basic Earnings Per Share (2)
$
0.18

 
$
0.21

 
$
0.25

 
$
0.25

Diluted Earnings Per Share (2)
$
0.18

 
$
0.21

 
$
0.25

 
$
0.25

Fiscal Year 2014:
 
 
 
 
 
 
 
Net Sales
$
175,637

 
$
181,264

 
$
185,680

 
$
198,949

Gross Profit
12,425

 
13,937

 
16,553

 
18,081

Other General Income (1)
(5,022
)
 
—

 
(666
)
 
—

Net Income
7,698

 
5,200

 
6,356

 
5,359

Basic Earnings Per Share (2)
$
0.26

 
$
0.18

 
$
0.22

 
$
0.18

Diluted Earnings Per Share (2)
$
0.26

 
$
0.18

 
$
0.22

 
$
0.18



(1) Other General Income included $5.0 million and $0.7 million, pre-tax, for the quarters ended September 30, 2013 and March 31, 2014, respectively, for the settlement proceeds received related to two antitrust class action lawsuits in which the Company was a class member.
(2) Basic and diluted earnings per share for the periods ended prior to the spin-off on October 31, 2014 were retrospectively restated adjusting the number of Kimball Electronics shares outstanding for the stock split effective on October 16, 2014. See Note 10 - Share Owners’ Equity of Notes to Consolidated Financial Statements for more information regarding the stock split.