XML 20 R8.htm IDEA: XBRL DOCUMENT v3.20.2
Unaudited Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 3 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Cash flows from operating activities    
Net income $ 9,720 $ 12,439
Income (loss) from discontinued operations (627) 1,866
Income from continuing operations 10,347 10,573
Adjustments to reconcile net income to net cash provided by (used in) operating activities:    
Depreciation and amortization 8,193 7,980
Stock-based compensation 1,755 2,757
Non-cash portion of restructuring charge (414) (122)
Life Insurance Benefit 0 (1,302)
Contributions to defined benefit plans (52) (241)
Net changes in operating assets and liabilities (10,595) (10,204)
Net cash provided by operating activities - continuing operations 9,234 9,441
Net cash provided by (used in) operating activities - discontinued operations 2,190 (1,027)
Net cash provided by operating activities 11,424 8,414
Cash flows from investing activities    
Expenditures for property, plant, and equipment (4,820) (6,688)
Expenditures for acquisitions, net of cash acquired (27,398) 0
Other investing activity 199 376
Net cash provided by (used in) investing activities- continuing operations (32,019) (6,312)
Net cash provided by (used in) investing activities- discontinued operations 0 8,654
Net cash provided by (used in) investing activities (32,019) 2,342
Cash flows from financing activities    
Borrowings on revolving credit facility 16,500 25,700
Payments of revolving credit facility (16,500) (34,500)
Activity under share-based payment plans 693 949
Purchases of treasury stock (5,109) (771)
Cash dividends paid (2,692) (2,463)
Net cash provided by (used in) financing activities (7,108) (11,085)
Effect of exchange rate changes on cash and cash equivalents 2,592 (2,572)
Net change in cash and cash equivalents (25,111) (2,901)
Cash and cash equivalents at beginning of year 118,809 93,145
Cash and cash equivalents at end of period 93,698 90,244
Supplemental Disclosure of Cash Flow Information:    
Interest 1,225 1,841
Income taxes, net of refunds $ 5,753 $ 5,114