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v3.7.0.1

Consolidated Statements of Operations and Comprehensive Income - USD ($) shares in Thousands, $ in Thousands | 12 Months Ended
--- | ---
Jun. 30, 2017 | Jun. 30, 2016 | Jun. 30, 2015
Income Statement [Abstract] |  |  |
Revenue, net | $ 199,489 | $ 206,540 | $ 190,336
Cost of sales | 33,456 | 33,932 | 28,010
Gross profit | 166,033 | 172,608 | 162,326
Operating expenses: |  |  |
Commissions and incentives | 96,662 | 103,120 | 91,074
Selling, general and administrative | 64,922 | 56,074 | 57,353
Total operating expenses | 161,584 | 159,194 | 148,427
Operating income | 4,449 | 13,414 | 13,899
Other expense: |  |  |
Interest expense | (570) | (3,321) | (3,087)
Other expense, net | (969) | (1,409) | (159)
Total other expense | (1,539) | (4,730) | (3,246)
Income before income taxes | 2,910 | 8,684 | 10,653
Income tax expense | (1,302) | (2,578) | (3,528)
Net income | $ 1,608 | $ 6,106 | $ 7,125
Net income per share: |  |  |
Net income per share, basic (dollars per share) | $ 0.12 | $ 0.44 | $ 0.51
Net income per share, diluted (dollars per share) | $ 0.11 | $ 0.42 | $ 0.50
Weighted-average shares outstanding: |  |  |
Basic (in shares) | 13,881 | 13,730 | 13,899
Diluted (in shares) | 14,118 | 14,531 | 14,150
Other comprehensive income (loss), net of tax: |  |  |
Foreign currency translation adjustment | $ (87) | $ 244 | $ (135)
Other comprehensive income (loss), net of tax: | (87) | 244 | (135)
Comprehensive income | $ 1,521 | $ 6,350 | $ 6,990

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- Definition Amount after tax of increase (decrease) in equity from transactions and other events and circumstances from net income and other comprehensive income. Excludes changes in equity resulting from investments by owners and distributions to owners. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 45 -Paragraph 19 -URI http://asc.fasb.org/extlink&oid=96868048&loc=SL4569616-111683 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 55 -Paragraph 4K -URI http://asc.fasb.org/extlink&oid=84234705&loc=SL4591552-111686 + Details
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