XML 20 R6.htm IDEA: XBRL DOCUMENT v3.10.0.1
CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Jun. 30, 2016
OPERATING ACTIVITIES      
Net income $ 64,883 $ 64,615 $ 82,728
Adjustments to reconcile net income to net cash provided (used) by operating activities:      
Depreciation and amortization 26,943 26,001 23,452
Amortization of debt issuance costs and debt discount 883 1,015 989
Acquisition-related cost of goods sold 1,671   2,566
Acquisition-related accrued compensation 1,152 1,680 1,680
Acquisition-related accrued interest 1,085 1,373 1,476
Acquisition-related other, net   (972)  
Pension settlement cost 0 1,702 0
Deferred income taxes 6,389 (28) (22,244)
Foreign currency (gains) losses, net (635) (867) (7,725)
Other 1,515 765 354
Loss on extinguishment of debt   2,598  
Changes in operating assets and liabilities, net of business acquisition:      
Accounts receivable, net (11,900) (2,765) (13,086)
Inventories, net (24,292) 5,432 (16,439)
Other current assets 134 (3,012) 457
Other assets (152) (1,504) (6,547)
Accounts payable 2,446 (3,119) (3,245)
Accrued expenses and other liabilities (114) 5,471 (7,198)
Net cash provided (used) by operating activities 70,008 98,385 37,218
INVESTING ACTIVITIES      
Purchases of short-term investments (82,000)    
Maturities of short-term investments 32,000    
Capital expenditures (18,548) (20,880) (36,352)
Business acquisition (15,000)   (46,576)
Other, net (1,064) (1,062) 137
Net cash provided (used) by investing activities (84,612) (21,942) (82,791)
FINANCING ACTIVITIES      
Revolving credit facility borrowings 225,000 230,500 255,500
Revolving credit facility repayments (220,000) (234,500) (189,500)
Proceeds from long-term debt   250,000  
Payments of long-term debt, capital leases and other (6,401) (285,527) (3,929)
Debt issuance costs   (3,925)  
Proceeds from common shares issued 5,699 5,541 4,017
Dividends paid (16,073) (15,827) (15,708)
Net cash provided (used) by financing activities (11,775) (53,738) 50,380
Effect of exchange rate changes on cash (536) (227) (418)
Net increase (decrease) in cash and cash equivalents (26,915) 22,478 4,389
Cash and cash equivalents at beginning of period 56,083 33,605 29,216
Cash and cash equivalents at end of period 29,168 56,083 33,605
Supplemental cash flow information      
Interest paid 11,208 14,600 14,215
Income taxes paid, net 15,191 14,762 16,828
Non-cash investing and financing activities      
Property, plant and equipment and capital lease additions $ 8,449 $ 1,550 $ 1,438