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Unaudited Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended 12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2023
Dec. 31, 2022
Jun. 30, 2023
Cash flows from operating activities          
Net income $ 18,871 $ 20,043 $ 37,685 $ 38,313  
Income (loss) from discontinued operations (201) (41) (279) (87)  
Income from continuing operations 19,072 20,084 37,964 38,400  
Adjustments to reconcile net income to net cash provided by (used in) operating activities:          
Depreciation and amortization     13,969 13,966  
Stock-based compensation     4,824 4,699  
Non-cash portion of restructuring charge     346 (1,183)  
Gain on sale of business 0 0 (274) 0  
Contributions to defined benefit plans     (1,541) (101)  
Changes in operating assets and liabilities, net     (15,121) (28,690)  
Net cash provided by (used in) operating activities - continuing operations     40,167 27,091  
Net cash provided by (used in) operating activities - discontinued operations     (422) (51)  
Net cash provided by (used in) operating activities     39,745 27,040  
Cash flows from investing activities          
Expenditures for property, plant, and equipment     (8,587) (11,028)  
Proceeds from sale of business     274 0  
Expenditures for acquisitions, net of cash acquired     (29,229) 0  
Other investing activity     0 98  
Net cash provided by (used in) investing activities     (37,542) (10,930)  
Cash flows from financing activities          
Proceeds from borrowings     0 28,500  
Payments of debt     (25,000) (16,000)  
Contingent consideration payment     0 (1,167)  
Activity under share-based payment plans     1,189 994  
Purchases of treasury stock     (26,650) (13,517)  
Cash dividends paid     (6,840) (6,399)  
Net cash provided by (used in) financing activities     (57,301) (7,589)  
Effect of exchange rate changes on cash and cash equivalents     1,816 129  
Net change in cash and cash equivalents     (53,282) 8,650  
Cash and cash equivalents at beginning of year     195,706 104,844 $ 104,844
Cash and cash equivalents at end of period $ 142,424 $ 113,494 142,424 113,494 $ 195,706
Supplemental Disclosure of Cash Flow Information:          
Interest     2,222 2,225  
Income taxes, net of refunds     $ 14,010 $ 12,822