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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2018
Cash Flows from Operating Activities      
Net income $ 20,188 $ 67,914 $ 36,604
Income (loss) from discontinued operations (20,826) 19,628 6,237
Income (loss) from continuing operations 41,014 48,286 30,367
Adjustments to reconcile net income (loss) to net cash provided by operating activities:      
Depreciation and amortization 32,294 29,288 25,035
Stock-based compensation 7,026 4,350 4,962
Non-cash portion of restructuring charge 386 (329) (1,264)
(Gain) loss on disposal of real estate and equipment 0 0 (655)
Deferred Income Taxes 5,635 (3,509) 7,391
Life Insurance Benefit (1,302) 0 0
Increase/(decrease) in cash from changes in assets and liabilities, net of effects from discontinued operations and business acquisitions:      
Accounts receivables, net 2,325 7,181 (7,352)
Inventories (9,050) 7,203 (10,016)
Contributions to defined benefit plans (4,040) (1,359) (6,966)
Prepaid expenses and other (10,960) (14,271) 752
Accounts payable 174 (2,074) (4,874)
Accrued payroll, employee benefits and other liabilities 2,342 6,105 13,872
Income taxes payable (11,167) (7,942) 735
Net cash provided by operating activities from continuing operations 54,677 72,929 51,987
Net cash used for operating activities from discontinued operations (7,435) 417 12,938
Net cash provided by operating activities 47,242 73,346 64,925
Cash Flows from Investing Activities      
Expenditures for capital assets (21,521) (32,507) (23,567)
Expenditures for acquisitions, net of cash acquired (622) (127,924) (10,397)
Expenditures for executive life insurance policies (281) (377) (310)
Proceeds from sale of real estate and equipment 180 3,164 2,852
Other investing activity 1,624 0 2,130
Net cash (used for) investing activities from continuing operations (20,620) (157,644) (29,292)
Net cash provided by investing activities from discontinued operations 20,003 107,973 (2,973)
Net cash provided by (used for) investing activities (617) (49,671) (32,265)
Cash Flows from Financing Activities      
Proceeds from borrowings 106,500 241,950 163,500
Payments of debt (105,300) (237,150) (164,788)
Contingent consideration payment (872) (910) 0
Stock issued under employee stock option and purchase plans 1,738 1,129 915
Purchase of treasury stock (10,437) (33,394) (2,652)
Cash dividends paid (10,606) (9,826) (8,888)
Net cash provided by (used for) financing activities (18,977) (38,201) (11,913)
Effect of exchange rate changes on cash (1,984) (1,931) 289
Net change in cash and cash equivalents 25,664 (16,457) 21,036
Cash and cash equivalents at beginning of year 93,145 109,602 88,566
Cash and cash equivalents at end of year 118,809 93,145 109,602
Supplemental Disclosure of Cash Flow Information:      
Interest 6,324 9,471 6,178
Income taxes, net of refunds $ 18,737 $ 23,969 $ 22,145