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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 6 Months Ended
Dec. 31, 2020
Dec. 31, 2019
OPERATING ACTIVITIES    
Net income $ 25,103 $ 14,409
Adjustments to reconcile net income to net cash provided (used) by operating activities:    
Depreciation and amortization 16,124 15,929
Amortization of debt issuance costs 441 442
Stock-based compensation 1,129 1,129
Acquisition-related items 0 412
Deferred income taxes (201) (565)
Foreign currency (gains) losses, net (7,174) (132)
Other 258 374
Changes in operating assets and liabilities, net of business acquisitions:    
Accounts receivable, net 2,633 12,906
Inventories, net (10,514) 3,412
Other current assets (1,327) (2,300)
Other assets 97 (1,395)
Accounts payable (285) (14,108)
Accrued expenses and other liabilities 2,327 (1,992)
Net cash provided by operating activities 28,611 28,521
INVESTING ACTIVITIES    
Purchases of short-term investments (31,000) (25,000)
Maturities of short-term investments 25,000  
Capital expenditures (14,738) (16,115)
Business acquisitions 0 (54,549)
Other, net (521) (1,045)
Net cash (used) by investing activities (21,259) (96,709)
FINANCING ACTIVITIES    
Revolving credit facility borrowings 76,000 155,000
Revolving credit facility repayments (67,000) (102,000)
Payments of long-term debt and other (9,375) (6,361)
Dividends paid (9,709) (9,709)
Net cash provided (used) by financing activities (10,084) 36,930
Effect of exchange rate changes on cash 923 (135)
Net increase (decrease) in cash and cash equivalents (1,809) (31,393)
Cash and cash equivalents at beginning of period 36,343 57,573
Cash and cash equivalents at end of period $ 34,534 $ 26,180