In millions, except per share items | Jun-30-23 | Dec-31-22 | Sep-30-22 | Jun-30-22 | Mar-31-22 | Dec-31-21 | Sep-30-21 | Jun-30-21 |
| 10-Q | 10-K | 10-Q | 10-Q | 10-Q | 10-K | 10-Q | 10-Q |
Revenue from Contract with Customer, Excluding Assessed Tax | 32.6 | 34.3 | 35.5 | 35.0 | 32.4 | 39.5 | 39.4 | 42.5 |
Revenue from Contract with Customer, Excluding Assessed Tax growth | -6.8% | -13.1% | -10.0% | -17.7% | -15.5% | 0.8% | 3.9% | 12.9% |
Cost of sales | 7.0 | 10.6 | 7.4 | 7.9 | 7.1 | 8.9 | 7.9 | 10.1 |
Gross profit | 25.6 | 23.7 | 28.1 | 27.1 | 25.3 | 30.6 | 31.5 | 32.4 |
Gross margin | 78.5% | 69.0% | 79.1% | 77.4% | 78.1% | 77.5% | 80.0% | 76.2% |
|
Operating expenses: | | | | | | | | |
Commissions and incentives | 13.5 | 14.0 | 14.2 | 14.1 | 13.1 | 15.6 | 15.7 | 16.9 |
Selling and administrative expenses | 7.3 | 7.0 | 6.7 | 6.9 | 6.9 | 7.6 | 7.2 | 7.6 |
Depreciation and amortization expense | 0.4 | 0.3 | 0.7 | 0.3 | 0.3 | 0.4 | 0.4 | 0.4 |
Other operating costs | 5.4 | 5.1 | 5.1 | 4.9 | 4.9 | 6.1 | 5.0 | 5.4 |
Total operating expenses | 26.5 | 26.4 | 26.7 | 26.2 | 25.3 | 29.6 | 28.3 | 30.4 |
(Loss) income from operations | -1.0 | -2.7 | 1.4 | 0.9 | 0.0 | 1.0 | 3.3 | 2.0 |
Operating margin | -2.9% | -7.7% | 3.8% | 2.4% | 0.1% | 2.4% | 8.3% | 4.7% |
Interest (expense) income, net | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
Other income (expense), net | 0.2 | -0.5 | 0.3 | -0.1 | 0.1 | -0.1 | 0.0 | 0.2 |
(Loss) income before income taxes | -0.8 | -3.1 | 1.7 | 0.8 | 0.1 | 0.9 | 3.3 | 2.2 |
Income tax provision | -0.3 | -3.4 | -0.5 | -0.1 | 0.0 | 1.7 | -0.4 | 0.0 |
Tax rate | | | 28.4% | 12.4% | 0.7% | | 10.7% | 2.2% |
Net (loss) income | -1.1 | -6.5 | 1.2 | 0.7 | 0.1 | 2.6 | 2.9 | 2.1 |
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(Loss) income per common share: | | | | | | | | |
Basic (in dollars per share) | ($0.59) | ($3.40) | $0.62 | $0.36 | $0.07 | $1.32 | $1.54 | $1.03 |
Diluted (in dollars per share) | ($0.59) | ($3.36) | $0.61 | $0.34 | $0.06 | $1.24 | $1.44 | $0.99 |
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Weighted-average common shares outstanding: | | | | | | | | |
Basic (in shares) | 1.9 | 1.9 | 1.9 | 1.9 | 2.0 | 2.0 | 1.9 | 2.1 |
Diluted (in shares) | 1.9 | 1.9 | 2.0 | 2.0 | 2.1 | 2.1 | 2.0 | 2.1 |