| Jun'19 | Jun'18 | Jun'17 | Jun'16 | Jun'15 | Jun'14 | Jun'13 | Jun'12 | Jun'11 | Jun'10 |
|---|---|---|---|---|---|---|---|---|---|
Net sales | |||||||||
876,201 | 888,931 | 846,635 | 952,059 | 887,245 | 778,622 | 734,334 | 700,575 | 674,212 | 561,633 |
Cost of sales | |||||||||
717,931 | 750,032 | 704,712 | 814,591 | 755,189 | 655,757 | 614,372 | 593,521 | 590,021 | 466,847 |
Gross profit | |||||||||
158,270 | 138,899 | 141,923 | 137,468 | 132,056 | 122,865 | 119,962 | 107,054 | 84,191 | 94,786 |
Operating expenses: | |||||||||
Selling expenses | |||||||||
61,756 | 52,922 | 49,392 | 51,114 | 49,646 | 48,258 | 47,112 | 45,085 | 44,346 | 40,494 |
Administrative expenses | |||||||||
37,990 | 29,788 | 32,054 | 33,192 | 30,531 | 29,252 | 31,231 | 28,996 | 23,927 | 24,620 |
Gain on sale of assets held for sale, net | |||||||||
- | - | - | - | - | 1,641 | 0 | 0 | - | - |
Goodwill impairment | |||||||||
- | - | - | - | - | - | - | - | 5,662 | - |
Total operating expenses | |||||||||
99,746 | 82,710 | 81,446 | 84,306 | 80,177 | 75,869 | 78,343 | 74,081 | 73,935 | 65,114 |
Income from operations | |||||||||
58,524 | 56,189 | 60,477 | 53,162 | 51,879 | 46,996 | 41,619 | 32,973 | 10,256 | 29,672 |
Other expense: | |||||||||
Interest expense including $172, $278, $651 and $880 to related parties | |||||||||
3,060 | 3,463 | 2,910 | 3,492 | 3,966 | 4,354 | 4,754 | 5,364 | 6,444 | -5,653 |
Rental and miscellaneous expense, net | |||||||||
1,089 | 1,406 | 1,296 | 1,358 | 3,049 | 2,810 | 1,569 | 1,388 | 1,026 | -1,147 |
Other expense | |||||||||
-1,947 | -1,970 | -2,133 | -1,850 | - | - | - | - | - | - |
Total other expense, net | |||||||||
-6,096 | -6,839 | -6,339 | -6,700 | -7,015 | -7,164 | -6,323 | -6,752 | -7,470 | 6,800 |
Income before income taxes | |||||||||
52,428 | 49,350 | 54,138 | 46,462 | 44,864 | 39,832 | 35,296 | 26,221 | 2,786 | 22,872 |
Income tax expense | |||||||||
12,962 | 16,850 | 18,013 | 16,067 | 15,559 | 13,545 | 13,536 | 9,099 | -49 | 8,447 |
Net income | |||||||||
39,466 | 32,500 | 36,125 | 30,395 | 29,305 | 26,287 | 21,760 | 17,122 | 2,835 | 14,425 |
Other comprehensive income: | |||||||||
Amortization of prior service cost and actuarial loss included in net periodic pension cost | |||||||||
778 | 839 | 820 | 624 | - | - | -574 | -463 | -445 | -406 |
Amortization of prior service cost and actuarial gain included in net periodic pension cost | |||||||||
- | - | - | - | 584 | 534 | - | - | - | - |
Income tax expense related to pension adjustments | |||||||||
-1,922 | 384 | 1,201 | -2,215 | -1,915 | -873 | -589 | 1,548 | 288 | 1,105 |
Other comprehensive income, net of tax | |||||||||
-1,144 | 1,223 | 2,021 | -1,591 | -1,331 | -339 | 1,163 | -1,085 | 157 | -699 |
Comprehensive income | |||||||||
38,322 | 33,723 | 38,146 | 28,804 | 27,974 | 25,948 | 22,923 | 16,037 | 2,992 | 13,726 |
Net income per common share-basic | |||||||||
3.45 | 2.86 | 3.19 | 2.71 | 2.63 | 2.38 | 2.00 | 1.60 | 0.27 | 1.36 |
Net income per common share-diluted | |||||||||
3.43 | 2.84 | 3.17 | 2.68 | 2.61 | 2.36 | 1.98 | 1.58 | 0.26 | 1.34 |
Cash dividends declared per share | |||||||||
2.55 | 2.50 | 5.00 | 2.00 | 1.50 | 1.50 | 1.00 | 0.00 | 0.00 | - |
Weighted average shares outstanding — basic | |||||||||
11,430 | 11,383 | 11,317 | 11,233 | 11,150 | 11,033 | 10,863 | 10,726 | 10,671 | 10,642 |
Weighted average shares outstanding — diluted | |||||||||
11,501 | 11,449 | 11,403 | 11,332 | 11,248 | 11,132 | 10,992 | 10,828 | 10,770 | 10,725 |