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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 12 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2017
Operating activities:      
Net income $ 69,701 $ 30,969 $ 31,075
Adjustments to reconcile net income to net cash provided by operating activities:      
Non-cash compensation expense 2,607 1,973 1,396
Non-cash compensation to directors 791 834 749
Non-cash litigation payable 0 0 (1,330)
Depreciation and amortization 15,960 12,854 6,748
Amortization of deferred financing costs 516 1,232 243
Deferred income taxes 6,794 45,793 9,577
Adjustment to tax receivable agreement liability (103) (24,637) (8,140)
Other items, net 286 (439) (918)
Change in operating assets and liabilities (excluding effects of acquisition):      
Trade receivables (3,041) (12,181) 4,870
Inventories (15,410) (6,336) (3,300)
Prepaid expenses and other assets (786) (447) (26)
Accounts payable (2,791) 4,612 (5,018)
Accrued expenses 9,598 6,547 5,829
Income taxes receivable and payable 125 1,723 253
Other liabilities 1,118 251 65
Payment pursuant to tax receivable agreement (3,865) (4,293) (4,279)
Litigation settlement 0 0 (1,938)
Net cash provided by operating activities 81,500 58,455 35,856
Investing activities:      
Purchases of property and equipment (17,938) (10,449) (9,262)
Proceeds from sale of property and equipment 0 145 16
Payment for acquisition, net of cash acquired (100,073) (125,552) 0
Net cash used in investing activities (118,011) (135,856) (9,246)
Financing activities:      
Principal payments on long-term borrowings (35,000) (50,000) (72,000)
Proceeds from long-term borrowings 0 105,000 55,000
Payment of deferred financing costs (370) (1,148) (926)
Proceeds from revolving credit facility 90,000 0 0
Payments on revolving credit facility (50,000) 0 0
Proceeds from issuance of Class A Common Stock in offerings, net of underwriting discounts 0 55,317 0
Payment of costs directly associated with offerings 0 (650) 0
Cash paid for tax withholdings (1,219) (691) (258)
Distributions to non-controlling LLC Unit holders (1,785) (1,626) (1,535)
Proceeds received from exercise of stock options 749 0 0
Net cash provided by (used in) by financing activities 2,375 106,202 (19,719)
Effect of exchange rate changes on cash (95) 0 10
Changes in cash (34,231) 28,801 6,901
Cash—Beginning of period 61,623 32,822 25,921
Cash—End of period 27,392 61,623 32,822
Supplemental cash flow information:      
Cash paid for interest 6,011 4,352 2,296
Cash paid for income taxes 14,173 9,887 7,175
Non-cash investing and financing activities:      
Establishment of deferred tax assets from step-up in tax basis 3,275 3,004 1,238
Establishment of amounts payable under tax receivable agreements 2,676 1,685 960
Equity issued as consideration for acquisition 0 1,000 0
Exchange of LLC Units for Class A Common Stock 1,136 920 2,789
Tax distributions payable to non-controlling LLC Unit holders 568 511 309
Capital expenditures in accounts payable $ 647 $ 1,053 $ 1,598