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v3.6.0.2

Consolidated Statements of Operations and Comprehensive Income - USD ($) shares in Thousands, $ in Thousands | 12 Months Ended
--- | ---
Jun. 30, 2016 | Jun. 30, 2015 | Jun. 30, 2014
Income Statement [Abstract] |  |  |
Revenue, net | $ 206,540 | $ 190,336 | $ 213,968
Cost of sales | 33,932 | 28,010 | 33,194
Gross profit | 172,608 | 162,326 | 180,774
Operating expenses: |  |  |
Commissions and incentives | 103,120 | 91,074 | 104,525
Selling, general and administrative | 56,074 | 57,353 | 56,801
Total operating expenses | 159,194 | 148,427 | 161,326
Operating income | 13,414 | 13,899 | 19,448
Other income (expense): |  |  |
Interest expense | (3,321) | (3,087) | (3,177)
Other income (expense), net | (1,409) | (159) | 384
Total other income (expense) | (4,730) | (3,246) | (2,793)
Income before income taxes | 8,684 | 10,653 | 16,655
Income tax expense | (2,665) | (3,666) | (5,272)
Net income | $ 6,019 | $ 6,987 | $ 11,383
Net income per share: |  |  |
Basic (dollars per share) | $ 0.44 | $ 0.50 | $ 0.75
Diluted (dollars per share) | $ 0.41 | $ 0.49 | $ 0.71
Weighted average shares outstanding: |  |  |
Basic (in shares) | 13,730 | 13,899 | 15,113
Diluted (in shares) | 14,531 | 14,150 | 15,943
Other comprehensive income (loss), net of tax: |  |  |
Foreign currency translation adjustment | $ 294 | $ (135) | $ (3)
Other comprehensive income (loss), net of tax: | 294 | (135) | (3)
Comprehensive income | $ 6,313 | $ 6,852 | $ 11,380

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