Annual report pursuant to Section 13 and 15(d)

Note 21 - Selected Quarterly Financial Data (Unaudited)

v3.20.2
Note 21 - Selected Quarterly Financial Data (Unaudited)
12 Months Ended
Jun. 30, 2020
Notes to Financial Statements  
Quarterly Financial Information [Text Block]
(
21
)
Selected Quarterly Financial Data (Unaudited)
 
The following table presents selected unaudited financial information for each of the quarterly periods in the years ended
June 30, 2020
and
2019.
The results for any quarter are
not
necessarily indicative of future quarterly results and, accordingly, period-to-period comparisons should
not
be relied upon as an indication of future performance (in thousands, except per share data):
 
   
Quarter Ended
 
Fiscal 2020
 
September 30 (Q1)
   
December 31 (Q2)
   
March 31 (Q3)
   
June 30 (Q4)
 
Net sales
  $
173,921
    $
174,574
    $
149,774
    $
91,568
 
Gross profit
  $
93,794
    $
97,521
    $
83,949
    $
47,868
 
Operating income (loss)
  $
18,641
    $
9,204
    $
(754
)   $
(12,447
)
Net income (loss)
  $
14,106
    $
7,086
    $
(223
)   $
(12,069
)
Earnings (loss) per basic share
  $
0.53
    $
0.27
    $
(0.01
)   $
(0.48
)
Earnings (loss) per diluted share
  $
0.53
    $
0.27
    $
(0.01
)   $
(0.48
)
Diluted weighted average common shares
   
26,750
     
26,612
     
25,703
     
25,179
 
Dividends declared per common share
  $
0.21
    $
0.21
    $
0.21
    $
-
 
 
 
   
Quarter Ended
 
Fiscal 2019
 
September 30 (Q1)
   
December 31 (Q2)
   
March 31 (Q3)
   
June 30 (Q4)
 
Net sales
  $
187,785
    $
197,152
    $
177,829
    $
183,918
 
Gross profit
  $
101,450
    $
108,860
    $
98,394
    $
100,787
 
Operating income (loss)
  $
11,799
    $
16,128
    $
10,669
    $
(4,649
)
Net income (loss)
  $
8,840
    $
12,190
    $
7,978
    $
(3,310
)
Earnings (loss) per basic share
  $
0.33
    $
0.46
    $
0.30
    $
(0.12
)
Earnings (loss) per diluted share
  $
0.33
    $
0.45
    $
0.30
    $
(0.12
)
Diluted weighted average common shares
   
26,940
     
26,923
     
26,751
     
26,711
 
Dividends declared per common share
  $
0.19
    $
1.19
    $
0.19
    $
0.19