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Unaudited Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Cash flows from operating activities    
Net income $ 12,439 $ 15,857
Income from discontinued operations (11) 1,499
Income from continuing operations 12,450 14,358
Adjustments to reconcile net income to net cash provided by (used in) operating activities:    
Depreciation and amortization 8,380 6,655
Stock-based compensation 2,757 2,157
Non-cash portion of restructuring charge (122) 13
Life Insurance Benefit (1,302) 0
Contributions to defined benefit plans (241) (252)
Net changes in operating assets and liabilities (13,607) (25,502)
Net cash provided by operating activities - continuing operations 8,315 (2,571)
Net cash (used in) operating activities - discontinued operations 99 3,560
Net cash provided by operating activities 8,414 989
Cash flows from investing activities    
Expenditures for property, plant, and equipment (7,034) (7,465)
Expenditures for acquisitions, net of cash acquired 0 (96,828)
Proceeds from insurance recovery 9,000 0
Other investing activity 376 2,332
Net cash provided by (used in) investing activities- continuing operations 2,342 (101,961)
Net cash provided by (used in) investing activities- discontinued operations 0 (232)
Net cash provided by (used in) investing activities 2,342 (102,193)
Cash flows from financing activities    
Borrowings on revolving credit facility 25,700 139,500
Payments of revolving credit facility (34,500) (34,000)
Activity under share-based payment plans 949 652
Purchases of treasury stock (771) (837)
Cash dividends paid (2,463) (2,287)
Net cash provided by financing activities (11,085) 103,028
Effect of exchange rate changes on cash and cash equivalents (2,572) (2,156)
Net change in cash and cash equivalents (2,901) (332)
Cash and cash equivalents at beginning of year 93,145 109,602
Cash and cash equivalents at end of period 90,244 109,270
Supplemental Disclosure of Cash Flow Information:    
Interest 1,841 1,447
Income taxes, net of refunds $ 5,114 $ 5,264