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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOW (UNAUDITED) - USD ($)
$ in Thousands
9 Months Ended
Mar. 31, 2017
Mar. 31, 2016
OPERATING ACTIVITIES    
Net income (loss) $ 26,368 $ (157,820)
Adjustments for non-cash items:    
Depreciation 68,369 73,297
Amortization 12,665 16,315
Stock-based compensation expense 17,285 14,705
Restructuring and asset impairment charges (Notes 8 and 18) 1,224 111,922
Deferred income tax provision 1,300 (85,426)
Loss on divestiture (Note 5) 0 (130,750)
Other (2,711) 239
Changes in certain assets and liabilities:    
Accounts receivable (12,736) 44,125
Inventories (38,110) 47,778
Accounts Payable and accrued liabilities 25,789 (16,244)
Accrued income taxes 1,087 (12,989)
Accrued pension and postretirement benefits (18,799) (22,901)
Other (1,710) 1,663
Net cash flow provided by operating activities 80,021 145,414
INVESTING ACTIVITIES    
Purchases of property, plant and equipment (94,095) (83,285)
Disposals of property, plant and equipment 3,852 5,102
Proceeds from divestiture (Note 5) 0 61,100
Other 111 835
Net cash flow used for investing activities (90,132) (16,248)
FINANCING ACTIVITIES    
Net increase (decrease) in notes payable 333 (4,088)
Term debt borrowings 25,298 50,070
Term debt repayments (25,830) (94,337)
Purchase of capital stock (188) (231)
Dividend reinvestment and the effect of employee benefit and stock plans 7,057 1,713
Cash dividends paid to Shareholders (48,013) (47,780)
Other (6,439) (55)
Net cash flow used for financing activities (47,782) (94,708)
Effect of exchange rate changes on cash and cash equivalents (2,869) (3,388)
CASH AND CASH EQUIVALENTS    
Net (decrease) increase in cash and cash equivalents (60,762) 31,070
Cash and cash equivalents, beginning of period 161,579 105,494
Cash and cash equivalents, end of period $ 100,817 $ 136,564