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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2022
Cash Flows from Operating Activities      
Net income $ 73,074 $ 138,992 $ 61,393
Income (loss) from discontinued operations (517) (161) (89)
Income from continuing operations 73,591 139,153 61,482
Adjustments to reconcile net income (loss) to net cash provided by operating activities:      
Depreciation and amortization 28,140 28,474 29,697
Stock-based compensation 9,811 11,710 11,168
Gain on sale of real estate and equipment 0 (199) (456)
Non-cash portion of restructuring charge 151 (444) 1,691
(Gain) loss on sale of business (274) (62,105) 0
Deferred income taxes (2,759) (7,125) (1,967)
Life insurance benefit 0 0 (193)
Contributions to defined benefit plans (10,238) (451) (535)
Increase/(decrease) in cash from changes in assets and liabilities, net of effects from discontinued operations and business acquisitions:      
Accounts receivables, net 16,221 (9,643) (11,571)
Inventories 17,085 (912) (18,183)
Prepaid expenses and other assets 1,890 (5,962) (9,072)
Accounts payable (13,927) (3,145) 6,132
Accrued liabilities, pension and other liabilities (21,669) (5,470) 2,206
Income taxes payable (4,676) 6,887 7,738
Net cash provided by operating activities from continuing operations 93,346 90,768 78,137
Net cash provided by (used for) operating activities from discontinued operations (690) 33 (421)
Net cash provided by operating activities 92,656 90,801 77,716
Cash Flows from Investing Activities      
Expenditures for property, plant and equipment (20,298) (24,270) (23,891)
Expenditures for acquisitions, net of cash acquired (48,835) 0 (12,978)
Expenditures for executive life insurance policies (270) (278) (248)
Proceeds from sale of business 7,774 67,023 0
Proceeds from sale of real estate and equipment 0 1,742 1,820
Proceeds withdrawn from life insurance policies 0 0 4,974
Other investing activity 0 (2,654) (721)
Net cash provided by (used for) investing activities from continuing operations (61,629) 41,563 (31,044)
Net cash provided by investing activities from discontinued operations 0 0 0
Net cash (used for) investing activities (61,629) 41,563 (31,044)
Cash Flows from Financing Activities      
Proceeds from borrowings 0 224,500 0
Payments of debt (25,000) (226,200) (25,000)
Contingent consideration payment 0 (1,167) (2,167)
Activity under share-based payment plans 1,525 1,341 1,415
Purchase of treasury stock (31,824) (25,527) (31,425)
Cash dividends paid (13,902) (12,985) (12,249)
Net cash (used for) financing activities (69,201) (40,038) (69,426)
Effect of exchange rate changes on cash (3,329) (1,464) (8,769)
Net change in cash and cash equivalents (41,503) 90,862 (31,523)
Cash and cash equivalents at beginning of year 195,706 104,844 136,367
Cash and cash equivalents at end of year 154,203 195,706 104,844
Supplemental Disclosure of Cash Flow Information:      
Interest 4,089 4,232 4,745
Income taxes, net of refunds $ 27,966 $ 26,197 $ 17,987