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Unaudited Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Cash flows from operating activities    
Net income (loss) $ 118,823 $ 48,124
Income (loss) from discontinued operations (144) (135)
Income from continuing operations 118,967 48,259
Adjustments to reconcile net income to net cash provided by (used in) operating activities:    
Depreciation and amortization 21,275 22,411
Stock-based compensation 8,508 8,213
Non-cash portion of restructuring charge 129 595
Gain on sale of business (62,105) 0
Contributions to defined benefit plans (151) (157)
Changes in operating assets and liabilities, net (36,268) (30,693)
Net cash provided by (used in) operating activities - continuing operations 50,355 48,628
Net cash provided by (used in) operating activities - discontinued operations (37) (375)
Net cash provided by (used in) operating activities 50,318 48,253
Cash flows from investing activities    
Expenditures for property, plant, and equipment (16,648) (13,138)
Proceeds from sale of business 67,023 0
Expenditures for acquisitions, net of cash acquired 0 (9,902)
Other investing activity (1,321) 5,718
Net cash provided by (used in) investing activities 49,054 (17,322)
Cash flows from financing activities    
Proceeds from borrowings 224,500 0
Payments of debt (226,200) 0
Contingent consideration payment (1,167) (1,167)
Activity under share-based payment plans 1,170 1,318
Purchases of treasury stock (18,582) (21,420)
Cash dividends paid (9,699) (9,148)
Net cash provided by (used in) financing activities (29,978) (30,417)
Effect of exchange rate changes on cash and cash equivalents 1,046 (2,979)
Net change in cash and cash equivalents 70,440 (2,465)
Cash and cash equivalents at beginning of year 104,844 136,367
Cash and cash equivalents at end of period 175,284 133,902
Supplemental Disclosure of Cash Flow Information:    
Interest 3,186 3,791
Income taxes, net of refunds $ 22,064 $ 14,797