XML 18 R8.htm IDEA: XBRL DOCUMENT v3.24.1.u1
Unaudited Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended 12 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Mar. 31, 2024
Mar. 31, 2023
Jun. 30, 2023
Cash flows from operating activities          
Net income $ 15,798 $ 80,510 $ 53,483 $ 118,823  
Income (loss) from discontinued operations (141) (57) (420) (144)  
Income from continuing operations 15,939 80,567 53,903 118,967  
Adjustments to reconcile net income to net cash provided by (used in) operating activities:          
Depreciation and amortization     21,146 21,275  
Stock-based compensation     8,524 8,508  
Non-cash portion of restructuring charge     895 129  
Gain on sale of business 0 (62,105) (274) (62,105)  
Contributions to defined benefit plans     (8,506) (151)  
Changes in operating assets and liabilities, net     (11,079) (36,268)  
Net cash provided by (used in) operating activities - continuing operations     64,609 50,355  
Net cash provided by (used in) operating activities - discontinued operations     (497) (37)  
Net cash provided by (used in) operating activities     64,112 50,318  
Cash flows from investing activities          
Expenditures for property, plant, and equipment     (13,765) (16,648)  
Proceeds from sale of business     7,774 67,023  
Expenditures for acquisitions, net of cash acquired     (47,696) 0  
Other investing activity     (270) (1,321)  
Net cash provided by (used in) investing activities     (53,957) 49,054  
Cash flows from financing activities          
Proceeds from borrowings     0 224,500  
Payments of debt     (25,000) (226,200)  
Contingent consideration payment     0 (1,167)  
Activity under share-based payment plans     1,325 1,170  
Purchases of treasury stock     (31,781) (18,582)  
Cash dividends paid     (10,375) (9,699)  
Net cash provided by (used in) financing activities     (65,831) (29,978)  
Effect of exchange rate changes on cash and cash equivalents     (1,231) 1,046  
Net change in cash and cash equivalents     (56,907) 70,440  
Cash and cash equivalents at beginning of year     195,706 104,844 $ 104,844
Cash and cash equivalents at end of period $ 138,799 $ 175,284 138,799 175,284 $ 195,706
Supplemental Disclosure of Cash Flow Information:          
Interest     3,080 3,186  
Income taxes, net of refunds     $ 19,740 $ 22,064