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ACQUISITION AND DISPOSITION (Tables) | 9 Months Ended
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Mar. 31, 2023
Discontinued Operations and Disposal Groups [Abstract] |
Schedule of Pro Forma Information | The following table provides unaudited pro forma results of operations had the acquisition been completed at the beginning of fiscal 2022. The pro forma information reflects certain adjustments related to the acquisition but does not reflect any potential operating efficiencies or cost savings that may result from the acquisition. Accordingly, this information has been provided for illustrative purposes only and does not purport to be indicative of the actual results that would have been achieved by the Company for the periods presented or that will be achieved by the combined company in the future. The pro forma information has been adjusted to give effect to items that are directly attributable to the transactions and are expected to have a continuing impact on the combined results.
|  |  | Unaudited supplemental pro forma information
|  |  | Three Months Ended |  |  |  | Nine Months Ended
|  |  | March 31, 2022 |  |  |  | March 31, 2022
Net sales |  |  | $ | 502,939 |  |  |  |  | $ | 1,488,483 |
Net income from operations(1) |  |  | $ | 26,970 |  |  |  |  | $ | 81,415 |
Diluted net (loss) income per common share from operations |  |  | $ | 0.30 |  |  |  |  | $ | 0.86 |
(1)The pro forma adjustments include the elimination of transaction costs totaling $5,103 from the nine months ended March 31, 2022. Additionally, the pro forma adjustments include the elimination of integration costs and a fair value inventory adjustment totaling $1,500 and $1,800, respectively, for the three and nine months ended March 31, 2022.

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- Definition Tabular disclosure of pro forma results of operations for a material business acquisition or series of individually immaterial business acquisitions that are material in the aggregate. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (h)(2) -URI https://asc.fasb.org/extlink&oid=79982066&loc=d3e1392-128463 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (h)(3) -URI https://asc.fasb.org/extlink&oid=79982066&loc=d3e1392-128463 + Details
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