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CONSOLIDATED STATEMENTS OF CASH FLOWS (unaudited) - USD ($)
$ in Thousands
9 Months Ended
Mar. 31, 2018
Mar. 31, 2017
OPERATING ACTIVITIES    
Net income $ 42,764 $ 49,237
Adjustments to reconcile net income to net cash provided (used) by operating activities:    
Depreciation and amortization 20,026 19,604
Amortization of debt issuance costs and debt discount 662 761
Acquisition-related cost of goods sold 1,671  
Acquisition-related accrued compensation 1,084 1,260
Acquisition-related accrued interest 795 1,314
Pension settlement cost   1,702
Deferred income taxes 8,013 4,068
Foreign currency (gains) losses, net (1,287) (798)
Other 721 546
Changes in operating assets and liabilities, net of business acquisition:    
Accounts receivable, net 296 10,020
Inventories, net (21,729) 3,871
Other current assets (1,767) (2,599)
Other assets 73 (456)
Accounts payable 6,784 (6,388)
Accrued expenses and other liabilities 1,793 2,668
Net cash provided (used) by operating activities 59,899 84,810
INVESTING ACTIVITIES    
Purchases of short-term investments (45,000)  
Capital expenditures (13,019) (15,377)
Business acquisition (15,000)  
Other, net (1,572) (1,791)
Net cash provided (used) by investing activities (74,591) (17,168)
FINANCING ACTIVITIES    
Revolving credit facility borrowings 165,870 118,500
Revolving credit facility repayments (165,370) (157,500)
Payments of long-term debt, capital leases and other (4,819) (3,502)
Proceeds from common shares issued 5,292 2,580
Dividends paid (12,037) (11,841)
Net cash provided (used) by financing activities (11,064) (51,763)
Effect of exchange rate changes on cash 226 (174)
Net increase (decrease) in cash and cash equivalents (25,530) 15,705
Cash and cash equivalents at beginning of period 56,083 33,605
Cash and cash equivalents at end of period $ 30,553 $ 49,310