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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Dec. 31, 2024
Dec. 31, 2023
OPERATING ACTIVITIES    
Net income (loss) $ 10,160 $ (6,741)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Depreciation and amortization 20,578 17,781
Amortization of debt issuance costs 871 520
Deferred income taxes (12,623) (6,506)
Foreign currency losses, net 11,350 2,355
Acquisition-related items 1,634 310
Pension settlement cost   10,674
Brazil employment taxes   4,202
Stock-based compensation expense 359 161
Other (895) 2,513
Changes in operating assets and liabilities    
Accounts receivable, net (25,781) 14,316
Inventories, net (24,401) (7,546)
Other current assets (5,737) 1,934
Other assets 4,330 (134)
Accounts payable 14,611 11,543
Accrued expenses and other liabilities 21,242 2,375
Net cash provided by operating activities 15,698 47,757
INVESTING ACTIVITIES    
Purchases of short-term investments   (59,523)
Maturities of short-term investments 44,000 40,000
Capital expenditures (17,405) (18,435)
Business acquisition, net of cash acquired (290,825) (3,326)
Other, net 827 1,071
Net cash used by investing activities (263,403) (40,213)
FINANCING ACTIVITIES    
Revolving credit facility borrowings 398,000 93,000
Revolving credit facility repayments (460,000) (83,000)
Proceeds from long-term debt 650,000  
Payments of long-term debt (316,890) (10,210)
Debt issuance costs (10,377)  
Payments of insurance premium financing (3,890) (3,478)
Dividends paid (9,720) (9,721)
Net cash provided (used) by financing activities 247,123 (13,409)
Effect of exchange rate changes on cash (2,957) (2,446)
Net decrease in cash and cash equivalents (3,539) (8,311)
Cash and cash equivalents at beginning of period 70,613 41,281
Cash and cash equivalents at end of period $ 67,074 $ 32,970