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Quarterly Financial Data (Unaudited) Quarterly Financial Data (Unaudited) | 12 Months Ended
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Jun. 30, 2020
Quarterly Financial Information Disclosure [Abstract] |
Quarterly Financial Data (Unaudited) | Matrix Service Company Quarterly Financial Data (Unaudited) Fiscal Years Ended June 30, 2020 and June 30, 2019
|  | First Quarter |  | Second Quarter |  | Third Quarter |  | Fourth Quarter
|  | (In thousands, except per share amounts) |  |  |  |  |  |
Fiscal Year 2020 |  |  |  |  |  |  |  |
Revenue |  | $ | 338,097 |  |  | $ | 318,677 |  |  | $ | 248,327 |  |  | $ | 195,837 |
Gross profit |  | 32,465 |  |  | 30,001 |  |  | 20,477 |  |  | 19,233 |
Intangible asset impairments and restructuring costs |  | — |  |  | 38,515 |  |  | 6,559 |  |  | 7,451 |
Operating income (loss) |  | 8,774 |  |  | (31,679) |  |  | (5,800) |  |  | (7,920) |
Net income (loss) |  | 6,151 |  |  | (28,008) |  |  | (5,495) |  |  | (5,722) |
Earnings (loss) per common share: |  |  |  |  |  |  |  |
Basic |  | 0.23 |  |  | (1.04) |  |  | (0.21) |  |  | (0.22) |
Diluted |  | 0.22 |  |  | (1.04) |  |  | (0.21) |  |  | (0.22) |
Fiscal Year 2019 |  |  |  |  |  |  |  |
Revenue |  | $ | 318,511 |  |  | $ | 340,568 |  |  | $ | 358,887 |  |  | $ | 398,714 |
Gross profit |  | 23,421 |  |  | 27,886 |  |  | 36,906 |  |  | 43,738 |
Operating income |  | 2,220 |  |  | 5,527 |  |  | 12,794 |  |  | 17,389 |
Net income |  | 2,305 |  |  | 3,932 |  |  | 8,933 |  |  | 12,812 |
Earnings per common share: |  |  |  |  |  |  |  |
Basic |  | 0.09 |  |  | 0.15 |  |  | 0.33 |  |  | 0.48 |
Diluted |  | 0.08 |  |  | 0.14 |  |  | 0.33 |  |  | 0.47 |
The sum of earnings per share for the four quarters may not equal the total earnings per share for the year due to changes in the average number of common shares outstanding and rounding.

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- Definition The entire disclosure for quarterly financial data. Includes, but is not limited to, tabular presentation of financial information for fiscal quarters, effect of year-end adjustments, and an explanation of matters or transactions that affect comparability of the information. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -URI http://asc.fasb.org/topic&trid=2126967 + Details
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