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Unaudited Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Cash flows from operating activities    
Net income $ 18,353 $ 55,521
Income from discontinued operations (16,562) 19,847
Income from continuing operations 34,915 35,674
Adjustments to reconcile net income to net cash provided by (used in) operating activities:    
Depreciation and amortization 24,301 21,599
Stock-based compensation 5,285 2,680
Non-cash portion of restructuring charge (87) (81)
Life Insurance Benefit (1,302) 0
Contributions to defined benefit plans (3,454) (751)
Net changes in operating assets and liabilities (30,168) (29,544)
Net cash provided by operating activities - continuing operations 29,490 29,577
Net cash provided by operating activities - discontinued operations (3,559) (4,000)
Net cash provided by operating activities 25,931 25,577
Cash flows from investing activities    
Expenditures for property, plant, and equipment (15,806) (16,914)
Expenditures for acquisitions, net of cash acquired 0 (96,768)
Other investing activity 1,515 2,520
Net cash (used in) investing activities (14,291) (111,162)
Net cash provided by (used in) investing activities - discontinued operations 9,414 1,996
Net cash (used in) investing activities (4,877) (109,166)
Cash flows from financing activities    
Borrowings on revolving credit facility 106,500 206,650
Payments of revolving credit facility (92,300) (107,650)
Contingent consideration payment (872) (910)
Activity under share-based payment plans 1,577 952
Purchases of treasury stock (9,008) (19,239)
Cash dividends paid (7,911) (7,331)
Net cash provided by financing activities (2,014) 72,472
Effect of exchange rate changes on cash and cash equivalents (2,888) (2,444)
Net change in cash and cash equivalents 16,152 (13,561)
Cash and cash equivalents at beginning of year 93,145 109,602
Cash and cash equivalents at end of period 109,297 96,041
Supplemental Disclosure of Cash Flow Information:    
Interest 5,028 7,574
Income taxes, net of refunds $ 16,194 $ 8,027