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CONSOLIDATED STATEMENTS OF CASH FLOWS (unaudited) - USD ($)
$ in Thousands
3 Months Ended
Sep. 30, 2015
Sep. 30, 2014
OPERATING ACTIVITIES    
Net income $ 18,753 $ 18,932
Adjustments to reconcile net income to net cash provided (used) by operating activities:    
Depreciation and amortization 5,429 5,353
Amortization of deferred financing costs and debt discount 242 242
Acquisition related accrued compensation 420  
Acquisition related accrued interest 345  
Deferred income taxes 38 546
Foreign currency (gains) losses, net (5,434) (316)
Other 53 (97)
Changes in operating assets and liabilities:    
Accounts receivable, net (5,597) 1,418
Inventories, net (5,469) (7,499)
Prepaid expenses and other current assets (1,570) 3,472
Other assets (444) 32
Accounts payable (3,010) 5,432
Accrued expenses and other liabilities (6,150) (10,155)
Net cash provided (used) by operating activities (2,394) 17,360
INVESTING ACTIVITIES    
Capital expenditures (8,094) (3,975)
Other, net 246 15
Net cash provided (used) by investing activities (7,848) (3,960)
FINANCING ACTIVITIES    
Borrowings under the revolving credit facility 55,500  
Repayments of the revolving credit facility (38,000)  
Payments of long-term debt, capital leases and other (734) (861)
Proceeds from common shares issued 693  
Dividends paid (3,910) (3,896)
Net cash provided (used) by financing activities 13,549 (4,757)
Effect of exchange rate changes on cash (706) (715)
Net increase (decrease) in cash and cash equivalents 2,601 7,928
Cash and cash equivalents at beginning of period 29,216 11,821
Cash and cash equivalents at end of period $ 31,817 $ 19,749