Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Operations

v2.4.0.6
Condensed Consolidated Statements of Operations (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Mar. 31, 2012
Apr. 02, 2011
Mar. 31, 2012
Apr. 02, 2011
Net sales $ 125,541 $ 124,954 $ 354,550 $ 337,592
Cost of goods sold 100,350 94,092 297,963 258,943
Gross profit 25,191 30,862 56,587 78,649
Selling, general and administrative expenses 22,256 22,706 67,001 65,676
Change in fair value of contingent consideration 0 0 0 (1,530)
Goodwill impairment charge 0 0 0 612
Other expense, net 79 29 19 180
Operating income (loss) 2,856 8,127 (10,433) 13,711
Interest expense, net 1,017 627 2,901 1,828
Income (loss) before (benefit) provision for income taxes 1,839 7,500 (13,334) 11,883
(Benefit) provision for income taxes (80) 1,775 (6,076) 3,089
Net income (loss) $ 1,919 $ 5,725 $ (7,258) $ 8,794
Basic earnings (loss) per share $ 0.23 $ 0.67 $ (0.86) $ 1.03
Diluted earnings (loss) per share $ 0.22 $ 0.65 $ (0.86) $ 1.00
Weighted average number of shares outstanding 8,450 8,490 8,455 8,505
Dilutive effect of stock options 336 249 0 247
Weighted average number of shares assuming dilution 8,786 8,739 8,455 8,752