Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements of Comprehensive Income (Unaudited)

v3.23.1
Consolidated Statements of Comprehensive Income (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Mar. 31, 2023
Mar. 31, 2022
Net sales $ 186,316 $ 197,659 $ 604,007 $ 588,079
Cost of sales 74,765 78,199 238,820 237,158
Gross profit 111,551 119,460 365,187 350,921
Selling, general and administrative expenses 83,233 88,270 262,342 259,457
Restructuring and other impairment charges, net of gains (470) (1,463) (2,662) (4,841)
Operating income 28,788 32,653 105,507 96,305
Interest and other income (expense), net 1,123 (10) 2,420 (8)
Interest expense and other financing costs 52 51 157 147
Income before income taxes 29,859 32,592 107,770 96,150
Income tax expense 7,503 7,878 27,368 24,389
Net income $ 22,356 $ 24,714 $ 80,402 $ 71,761
Basic earnings per common share:        
Net income per basic share (in dollars per share) $ 0.88 $ 0.97 $ 3.16 $ 2.83
Basic weighted average common shares (in shares) 25,477 25,434 25,470 25,402
Diluted earnings per common share:        
Net income per diluted share (in dollars per share) $ 0.87 $ 0.97 $ 3.14 $ 2.81
Diluted weighted average common shares (in shares) 25,599 25,549 25,580 25,504
Comprehensive income        
Net income $ 22,356 $ 24,714 $ 80,402 $ 71,761
Other comprehensive income (loss), net of tax        
Foreign currency translation adjustments 1,683 496 2,031 (146)
Other income (loss) (159) (11) 211 (18)
Other comprehensive income (loss), net of tax 1,524 485 2,242 (164)
Comprehensive income $ 23,880 $ 25,199 $ 82,644 $ 71,597