XML 17 R6.htm IDEA: XBRL DOCUMENT v3.8.0.1
Unaudited Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Cash flows from operating activities    
Net income $ 13,998 $ 14,294
(Income) loss from discontinued operations 1 50
Income from continuing operations 13,999 14,344
Adjustments to reconcile net income to net cash provided by (used in) operating activities:    
Depreciation and amortization 6,869 4,373
Stock-based compensation 1,164 1,365
Non-cash portion of restructuring charge 516 (19)
Contributions to defined benefit plans (264) (246)
Net changes in operating assets and liabilities (27,739) (18,368)
Net cash provided by (used in) operating activities - continuing operations (5,455) 1,449
Net cash provided by (used in) operating activities - discontinued operations (39) (82)
Net cash provided by (used in) operating activities (5,494) 1,367
Cash flows from investing activities    
Expenditures for property, plant, and equipment (8,856) (7,121)
Expenditures for acquisitions, net of cash acquired (10,397)
Proceeds from life insurance policies 2,217
Other investing activity (78) 712
Net cash (used in) investing activities - continuing operations (17,114) (6,409)
Net cash provided by investing activities - discontinued operations
Net cash (used in) investing activities (17,114) (6,409)
Cash flows from financing activities    
Borrowings on revolving credit facility 63,000 29,500
Payments of revolving credit facility (52,788) (17,500)
Activity under share-based payment plans 1,042 366
Purchases of treasury stock (1,277) (5,678)
Cash dividends paid (2,026) (1,774)
Net cash provided by (used in) financing activities 7,951 4,914
Effect of exchange rate changes on cash and cash equivalents 1,361 (607)
Net change in cash and cash equivalents (13,296) (735)
Cash and cash equivalents at beginning of year 88,566 121,988
Cash and cash equivalents at end of period 75,270 121,253
Supplemental Disclosure of Cash Flow Information:    
Interest 1,447 589
Income taxes, net of refunds $ 5,264 $ 3,832