XML 12 R6.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 6 Months Ended
Dec. 31, 2019
Dec. 31, 2018
OPERATING ACTIVITIES    
Net income $ 14,409 $ 31,062
Adjustments to reconcile net income to net cash provided (used) by operating activities:    
Depreciation and amortization 15,929 13,532
Amortization of debt issuance costs and debt discount 442 441
Stock-based compensation 1,129 1,129
Acquisition-related costs of goods sold 280  
Acquisition-related accrued interest 132  
Deferred income taxes (565) 135
Foreign currency (gains) losses, net (132) 12
Other 374 (1,071)
Changes in operating assets and liabilities, net of business acquisitions:    
Accounts receivable, net 12,906 (8,906)
Inventories, net 3,412 (16,278)
Other current assets (2,300) (3,616)
Other assets (1,395) 866
Accounts payable (14,108) 5,169
Accrued expenses and other liabilities (1,992) (5,839)
Net cash (used) provided by operating activities 28,521 16,636
INVESTING ACTIVITIES    
Purchases of short-term investments (25,000) (10,000)
Maturities of short-term investments   11,000
Capital expenditures (16,115) (12,117)
Business acquisitions (54,549) (9,838)
Other, net (1,045) 27
Net cash (used) by investing activities (96,709) (20,928)
FINANCING ACTIVITIES    
Revolving credit facility borrowings 155,000 103,000
Revolving credit facility repayments (102,000) (85,000)
Payments of long-term debt and other (6,361) (6,359)
Issuance of acquisition note payable   3,775
Proceeds from common shares issued   341
Dividends paid (9,709) (8,883)
Net cash used by financing activities 36,930 6,874
Effect of exchange rate changes on cash (135) (414)
Net increase (decrease) in cash and cash equivalents (31,393) 2,168
Cash and cash equivalents at beginning of period 57,573 29,168
Cash and cash equivalents at end of period $ 26,180 $ 31,336