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Unaudited Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Cash flows from operating activities    
Net income $ 19,472 $ 37,685
Income (loss) from discontinued operations (4) (279)
Income from continuing operations 19,476 37,964
Adjustments to reconcile net income to net cash provided by (used in) operating activities:    
Depreciation and amortization 15,566 13,969
Stock-based compensation 5,155 4,824
Non-cash portion of restructuring charge (896) 346
(Gain) loss on sale of business 0 (274)
Contributions to defined benefit plans (4,766) (1,541)
Changes in operating assets and liabilities, net (7,873) (15,121)
Net cash provided by (used in) operating activities - continuing operations 26,662 40,167
Net cash provided by (used in) operating activities - discontinued operations (31) (422)
Net cash provided by (used in) operating activities 26,631 39,745
Cash flows from investing activities    
Expenditures for property, plant, and equipment (13,690) (8,587)
Proceeds from sale of business 0 274
Expenditures for acquisitions, net of cash acquired (419,652) (29,229)
Other investing activity 3,904 0
Net cash provided by (used in) investing activities (429,438) (37,542)
Cash flows from financing activities    
Proceeds from borrowings 724,313 0
Payments of debt (339,110) (25,000)
Activity under share-based payment plans 1,792 1,189
Purchases of treasury stock and other (9,582) (26,650)
Cash dividends paid (7,362) (6,840)
Net cash provided by (used in) financing activities 370,051 (57,301)
Effect of exchange rate changes on cash and cash equivalents (300) 1,816
Net change in cash and cash equivalents (33,056) (53,282)
Cash and cash equivalents at beginning of year 154,203 195,706
Cash and cash equivalents at end of period 121,147 142,424
Supplemental Disclosure of Cash Flow Information:    
Interest 3,555 2,222
Income taxes, net of refunds 6,245 14,010
Stock issued for business acquisition $ 25,953 $ 0