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Quarterly Financial Data (Unaudited) (Tables) | 12 Months Ended
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Jun. 30, 2014
Quarterly Financial Information Disclosure [Abstract] |
Schedule of Quarterly Financial Information | The following tables set forth certain unaudited quarterly information for each of the eight fiscal quarters in the two year period ended June 30, 2014. This quarterly information has been prepared on a consistent basis with the audited consolidated financial statements and, in the opinion of management, includes all adjustments which management believes are necessary for a fair presentation of the information for the periods presented. The unaudited quarterly data presented below, with the exception of the quarter ended June 30, 2014, include correction of errors related to the reclassification of fuel surcharges billed to customers previously netted against the Company's fuel expenses in "Selling expenses" to "Net sales; reclassification of certain labor and overhead expenses previously included in "Selling expenses" and "General and administrative expenses" to "Cost of goods sold"; and reclassification of “Net gains from sales of assets” previously presented within "Other, net" to a separate line item within "Income (loss) from operations.” See Note 1 for additional information. In addition, reconciliations from the amounts as originally reported to the applicable corrected amounts for the quarters ended March 31, 2014, December 31, 2013, September 30, 2013, June 30, 2013, March 31, 2013, December 31, 2012 and September 30, 2012 can be found in the unaudited consolidated statements of operations data immediately following the unaudited quarterly financial data in the tables below. See Note 1 for additional information. The Company's quarterly operating results may fluctuate significantly as a result of a variety of factors, and operating results for any fiscal quarter are not necessarily indicative of results for a full fiscal year or future fiscal quarters.
|  | September 30, 2013 |  | December 31, 2013 |  | March 31, 2014 |  | June 30, 2014
(In thousands, except per share data) |  |  |  |  |  |  |  |
Net sales |  | $ | 129,529 |  |  | $ | 143,129 |  |  | $ | 125,525 |  |  | $ | 130,197 |
Gross profit |  | $ | 48,005 |  |  | $ | 54,374 |  |  | $ | 48,052 |  |  | $ | 45,483 |
Income (loss) from operations |  | $ | 3,014 |  |  | $ | 5,650 |  |  | $ | (2,075 | ) |  | $ | 2,327 |
Net income |  | $ | 1,806 |  |  | $ | 4,709 |  |  | $ | 2,506 |  |  | $ | 3,111 |
Net income per common share—basic |  | $ | 0.11 |  |  | $ | 0.29 |  |  | $ | 0.16 |  |  | $ | 0.19 |
Net income per common share—diluted |  | $ | 0.11 |  |  | $ | 0.29 |  |  | $ | 0.16 |  |  | $ | 0.19 |
|  | September 30, 2012 |  | December 31, 2012 |  | March 31, 2013 |  | June 30, 2013
(In thousands, except per share data) |  |  |  |  |  |  |  |
Net sales |  | $ | 120,147 |  |  | $ | 136,699 |  |  | $ | 127,279 |  |  | $ | 129,744 |
Gross profit |  | $ | 43,141 |  |  | $ | 48,594 |  |  | $ | 47,446 |  |  | $ | 45,995 |
Income (loss) from operations |  | $ | 1,794 |  |  | $ | 536 |  |  | $ | 691 |  |  | $ | (2,650 | )
Net income (loss) |  | $ | 2,979 |  |  | $ | (7,157 | ) |  | $ | (1,306 | ) |  | $ | (2,978 | )
Net income (loss) per common share—basic |  | $ | 0.19 |  |  | $ | (0.46 | ) |  | $ | (0.08 | ) |  | $ | (0.19 | )
Net income (loss) per common share—diluted |  | $ | 0.19 |  |  | $ | (0.46 | ) |  | $ | (0.08 | ) |  | $ | (0.19 | )
In the fourth quarter and for the fiscal year ended June 30, 2013, the Company recorded $0.1 million in impairment loss on indefinite-lived intangible assets (see Note 1). The following tables present the effects of adjustments made to the Company's previously reported unaudited consolidated quarterly financial statements for the quarters ended March 31, 2014, December 31, 2013, September 30, 2013, June 30, 2013, March 31, 2013, December 31, 2012 and September 30, 2012. For further information regarding these adjustments, see Note 1.
|  | Three Months Ended September 30, 2013 |  | Three Months Ended September 30, 2012
(In thousands) |  | As Previously Reported |  | Adjustments(1) |  | As Corrected |  | As Previously Reported |  | Adjustments(1) |  | As Corrected
Net sales |  | $ | 128,561 |  |  | $ | 968 |  |  | $ | 129,529 |  |  | $ | 119,153 |  |  | $ | 994 |  |  | $ | 120,147 |
Cost of goods sold |  | 79,089 |  |  | 2,435 |  |  | 81,524 |  |  | 74,532 |  |  | 2,474 |  |  | 77,006 |
Gross profit |  | 49,472 |  |  | (1,467 | ) |  | 48,005 |  |  | 44,621 |  |  | (1,480 | ) |  | 43,141 |
Selling expenses |  | 37,335 |  |  | (721 | ) |  | 36,614 |  |  | 37,271 |  |  | (242 | ) |  | 37,029 |
General and administrative expenses |  | 9,246 |  |  | (746 | ) |  | 8,500 |  |  | 8,769 |  |  | (1,238 | ) |  | 7,531 |
Net gains from sales of assets |  | — |  |  | (123 | ) |  | (123 | ) |  | — |  |  | (3,213 | ) |  | (3,213 | )
Operating expenses |  | 46,581 |  |  | (1,590 | ) |  | 44,991 |  |  | 46,040 |  |  | (4,693 | ) |  | 41,347 |
Income (loss) from operations |  | 2,891 |  |  | 123 |  |  | 3,014 |  |  | (1,419 | ) |  | 3,213 |  |  | 1,794 |
Other income (expense): |  |  |  |  |  |  |  |  |  |  |  |
Dividend income |  | 268 |  |  | — |  |  | 268 |  |  | 259 |  |  | — |  |  | 259 |
Interest income |  | 108 |  |  | — |  |  | 108 |  |  | 92 |  |  | — |  |  | 92 |
Interest expense |  | (372 | ) |  | — |  |  | (372 | ) |  | (457 | ) |  | — |  |  | (457 | )
Other, net |  | (783 | ) |  | (123 | ) |  | (906 | ) |  | 4,945 |  |  | (3,213 | ) |  | 1,732 |
Total other (expense) income |  | (779 | ) |  | (123 | ) |  | (902 | ) |  | 4,839 |  |  | (3,213 | ) |  | 1,626 |
Income before taxes |  | 2,112 |  |  | — |  |  | 2,112 |  |  | 3,420 |  |  | — |  |  | 3,420 |
Income tax expense |  | 306 |  |  | — |  |  | 306 |  |  | 441 |  |  | — |  |  | 441 |
Net income |  | $ | 1,806 |  |  | $ | — |  |  | $ | 1,806 |  |  | $ | 2,979 |  |  | $ | — |  |  | $ | 2,979 |
_____________ (1) For details, see Note 1. CONSOLIDATED STATEMENTS OF OPERATIONS DATA
|  | Three Months Ended December 31, 2013 |  | Three Months Ended December 31, 2012
(In thousands) |  | As Previously Reported |  | Adjustments(1) |  | As Corrected |  | As Previously Reported |  | Adjustments(1) |  | As Corrected
Net sales |  | $ | 142,151 |  |  | $ | 978 |  |  | $ | 143,129 |  |  | $ | 135,705 |  |  | $ | 994 |  |  | $ | 136,699 |
Cost of goods sold |  | 86,713 |  |  | 2,042 |  |  | 88,755 |  |  | 85,352 |  |  | 2,753 |  |  | 88,105 |
Gross profit |  | 55,438 |  |  | (1,064 | ) |  | 54,374 |  |  | 50,353 |  |  | (1,759 | ) |  | 48,594 |
Selling expenses |  | 38,991 |  |  | (669 | ) |  | 38,322 |  |  | 40,765 |  |  | (489 | ) |  | 40,276 |
General and administrative expenses |  | 10,724 |  |  | (395 | ) |  | 10,329 |  |  | 9,041 |  |  | (1,270 | ) |  | 7,771 |
Net gains from sales of assets |  | — |  |  | 73 |  |  | 73 |  |  | — |  |  | 11 |  |  | 11 |
Operating expenses |  | 49,715 |  |  | (991 | ) |  | 48,724 |  |  | 49,806 |  |  | (1,748 | ) |  | 48,058 |
Income (loss) from operations |  | 5,723 |  |  | (73 | ) |  | 5,650 |  |  | 547 |  |  | (11 | ) |  | 536 |
Other income (expense): |  |  |  |  |  |  |  |  |  |  |  |
Dividend income |  | 258 |  |  | — |  |  | 258 |  |  | 284 |  |  | — |  |  | 284 |
Interest income |  | 110 |  |  | — |  |  | 110 |  |  | 99 |  |  | — |  |  | 99 |
Interest expense |  | (393 | ) |  | — |  |  | (393 | ) |  | (463 | ) |  | — |  |  | (463 | )
Other, net |  | (587 | ) |  | 73 |  |  | (514 | ) |  | (7,656 | ) |  | 11 |  |  | (7,645 | )
Total other (expense) income |  | (612 | ) |  | 73 |  |  | (539 | ) |  | (7,736 | ) |  | 11 |  |  | (7,725 | )
Income (loss) before taxes |  | 5,111 |  |  | — |  |  | 5,111 |  |  | (7,189 | ) |  | — |  |  | (7,189 | )
Income tax expense (benefit) |  | 402 |  |  | — |  |  | 402 |  |  | (32 | ) |  | — |  |  | (32 | )
Net income (loss) |  | $ | 4,709 |  |  | $ | — |  |  | $ | 4,709 |  |  | $ | (7,157 | ) |  | $ | — |  |  | $ | (7,157 | )
_____________ (1) For details, see Note 1. CONSOLIDATED STATEMENTS OF OPERATIONS DATA
|  | Three Months Ended March 31, 2014 |  | Three Months Ended March 31, 2013
(In thousands) |  | As Previously Reported |  | Adjustments(1) |  | As Corrected |  | As Previously Reported |  | Adjustments(1) |  | As Corrected
Net sales |  | $ | 124,600 |  |  | $ | 925 |  |  | $ | 125,525 |  |  | 126,343 |  |  | 936 |  |  | 127,279 |
Cost of goods sold |  | 76,810 |  |  | 663 |  |  | 77,473 |  |  | 78,761 |  |  | 1,072 |  |  | 79,833 |
Gross profit |  | 47,790 |  |  | 262 |  |  | 48,052 |  |  | 47,582 |  |  | (136 | ) |  | 47,446 |
Selling expenses |  | 42,161 |  |  | 431 |  |  | 42,592 |  |  | 39,135 |  |  | (69 | ) |  | 39,066 |
General and administrative expenses |  | 7,667 |  |  | (169 | ) |  | 7,498 |  |  | 8,941 |  |  | (67 | ) |  | 8,874 |
Net gains from sales of assets |  | 37 |  |  | — |  |  | 37 |  |  | (1,185 | ) |  | — |  |  | (1,185 | )
Operating expenses |  | 49,865 |  |  | 262 |  |  | 50,127 |  |  | 46,891 |  |  | (136 | ) |  | 46,755 |
(Loss) income from operations |  | (2,075 | ) |  | — |  |  | (2,075 | ) |  | 691 |  |  | — |  |  | 691 |
Other income (expense): |  |  |  |  |  |  |  |  |  |  |  |
Dividend income |  | 276 |  |  | — |  |  | 276 |  |  | 286 |  |  | — |  |  | 286 |
Interest income |  | 114 |  |  | — |  |  | 114 |  |  | 92 |  |  | — |  |  | 92 |
Interest expense |  | (277 | ) |  | — |  |  | (277 | ) |  | (466 | ) |  | — |  |  | (466 | )
Other, net |  | 4,664 |  |  | — |  |  | 4,664 |  |  | (1,949 | ) |  | — |  |  | (1,949 | )
Total other income |  | 4,777 |  |  | — |  |  | 4,777 |  |  | (2,037 | ) |  | — |  |  | (2,037 | )
Income before taxes |  | 2,702 |  |  | — |  |  | 2,702 |  |  | (1,346 | ) |  | — |  |  | (1,346 | )
Income tax benefit |  | 196 |  |  | — |  |  | 196 |  |  | (40 | ) |  | — |  |  | (40 | )
Net income |  | $ | 2,506 |  |  | $ | — |  |  | $ | 2,506 |  |  | $ | (1,306 | ) |  | $ | — |  |  | $ | (1,306 | )
_____________ (1) For details, see Note 1. CONSOLIDATED STATEMENTS OF OPERATIONS DATA
|  | Three Months Ended June 30, 2013
(In thousands) |  | Previously Reported |  | Adjustments(1) |  | As Corrected
Net sales |  | $ | 128,763 |  |  | $ | 981 |  |  | $ | 129,744 |
Cost of goods sold |  | 81,273 |  |  | 2,476 |  |  | 83,749 |
Gross profit |  | 47,490 |  |  | (1,495 | ) |  | 45,995 |
Selling expenses |  | 40,908 |  |  | (246 | ) |  | 40,662 |
General and administrative expenses |  | 9,219 |  |  | (1,249 | ) |  | 7,970 |
Net gains from sales of assets |  | — |  |  | (79 | ) |  | (79 | )
Impairment losses on intangible assets |  | 92 |  |  | — |  |  | 92 |
Operating expenses |  | 50,219 |  |  | (1,574 | ) |  | 48,645 |
Loss from operations |  | (2,729 | ) |  | 79 |  |  | (2,650 | )
Other income (expense): |  |  |  |  |  |
Dividend income |  | 274 |  |  | — |  |  | 274 |
Interest income |  | 169 |  |  | — |  |  | 169 |
Interest expense |  | (396 | ) |  | — |  |  | (396 | )
Other, net |  | (1,490 | ) |  | (79 | ) |  | (1,569 | )
Total other income |  | (1,443 | ) |  | (79 | ) |  | (1,522 | )
Income before taxes |  | (4,172 | ) |  | — |  |  | (4,172 | )
Income tax benefit |  | (1,194 | ) |  | — |  |  | (1,194 | )
Net income |  | $ | (2,978 | ) |  | $ | — |  |  | $ | (2,978 | )
_________________ (1) For details, see Not

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- Definition Tabular disclosure of the quarterly financial data in the annual financial statements. The disclosure includes financial information for each fiscal quarter for the current and previous year, including revenues, gross profit, income (loss) before extraordinary items and cumulative effect of a change in accounting principle and earnings per share data. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a)-(j) -URI http://asc.fasb.org/extlink&oid=25249566&loc=d3e1280-108306 + Details
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