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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2019
OPERATING ACTIVITIES      
Net income $ 54,385 $ 33,552 $ 54,713
Adjustments to reconcile net income to net cash provided (used) by operating activities:      
Depreciation and amortization 31,885 32,341 27,564
Amortization of debt issuance costs 833 882 882
Stock-based compensation 1,129 2,259 2,259
Acquisition-related items   (2,433)  
Deferred income taxes (2,183) 8,125 (105)
Foreign currency (gains), net (9,718) (2,540) (1,899)
Other 1,844 818 (302)
Changes in operating assets and liabilities, net of business acquisitions:      
Accounts receivable, net (18,209) 28,713 (23,679)
Inventories, net (12,498) (12,930) (20,982)
Other current assets (1,631) (11,137) (7,173)
Other assets (1,898) (2,121) (299)
Accounts payable 3,176 (7,672) 12,092
Accrued expenses and other liabilities 1,191 (8,509) 4,098
Net cash provided by operating activities 48,306 59,348 47,169
INVESTING ACTIVITIES      
Purchases of short-term investments (74,000) (80,000) (34,000)
Maturities of short-term investments 86,000 49,000 60,000
Capital expenditures (29,320) (34,045) (29,891)
Business acquisitions   (54,549) (9,838)
Other, net (1,260) (796) (404)
Net cash used by investing activities (18,580) (120,390) (14,133)
FINANCING ACTIVITIES      
Revolving credit facility borrowings 317,500 243,000 213,000
Revolving credit facility repayments (391,500) (170,000) (187,000)
Proceeds from long-term debt 300,000    
Payments of long-term debt and other (220,625) (12,646) (12,649)
Issuance of acquisition note payable     3,775
Payment of acquisition note payable     (3,775)
Debt issuance costs (2,940)    
Proceeds from common stock issued     1,134
Dividends paid (19,430) (19,418) (18,592)
Net cash provided (used) by financing activities (16,995) 40,936 (4,107)
Effect of exchange rate changes on cash 1,138 (1,124) (524)
Net increase (decrease) in cash and cash equivalents 13,869 (21,230) 28,405
Cash and cash equivalents at beginning of period 36,343 57,573 29,168
Cash and cash equivalents at end of period 50,212 36,343 57,573
Supplemental cash flow information      
Interest paid, net 10,808 11,577 12,250
Income taxes paid, net 19,395 20,866 16,215
Non-cash investing and financing activities      
Property, plant and equipment and capital lease additions $ 2,957 $ 4,353 $ 2,890