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CONSOLIDATED STATEMENTS OF OPERATIONS (USD $) In Thousands, except Share data, unless otherwise specified | 12 Months Ended
--- | ---
Jun. 30, 2012 | Jun. 30, 2011 | Jun. 30, 2010
Net sales | $ 495,442 | $ 463,945 | $ 450,318
Cost of goods sold | 322,618 | 306,771 | 252,754
Gross profit | 172,824 | 157,174 | 197,564
Selling expenses | 150,641 | 170,670 | 187,685
General and administrative expenses | 36,897 | 47,121 | 49,071
Goodwill and intangible assets impairment losses | 5,585 | 7,805 | 0
Pension withdrawal expense | 4,568 | 0 | 0
Operating expenses | 197,691 | 225,596 | 236,756
Loss from operations | (24,867) | (68,422) | (39,192)
Other (expense) income: |  |  |
Dividend income | 1,231 | 2,534 | 3,224
Interest income | 214 | 178 | 303
Interest expense | (2,137) | (1,965) | (986)
Other, net | (4,117) | 4,191 | 10,169
Total other (expense) income | (4,809) | 4,938 | 12,710
Loss before taxes | (29,676) | (63,484) | (26,482)
Income tax benefit | (347) | (9,167) | (2,529)
Net loss | $ (29,329) | $ (54,317) | $ (23,953)
Net loss per common share - basic and diluted, in dollars per share | $ (1.89) | $ (3.61) | $ (1.61)
Weighted average common shares outstanding - basic and diluted | 15,492,314 | 15,066,663 | 14,866,306
Cash dividends declared per common share | $ 0.00 | $ 0.18 | $ 0.46

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