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CONSOLIDATED STATEMENTS OF CASH FLOW - USD ($)
$ in Thousands
 12 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Jun. 30, 2016
OPERATING ACTIVITIES      
Net income (loss) $ 205,060 $ 51,980 $ (223,884)
Adjustments for non-cash items:      
Depreciation 94,012 91,078 96,704
Amortization 14,668 16,578 20,762
Stock-based compensation expense 20,830 21,065 18,129
Restructuring and asset impairment charges (Notes 2 and 15) (248) 1,802 118,779
Loss on divestiture (Note 4)     131,124
Deferred income tax provision 22,915 6,267 8,328
Other 4,651 94 (6,113)
Changes in certain assets and liabilities:      
Accounts receivable (22,201) (7,606) 32,661
Inventories (37,230) (24,300) 69,552
Accounts payable and accrued liabilities (5,046) 54,554 991
Accrued income taxes 11,093 6,873 (25,247)
Accrued pension and postretirement benefits (26,759) (27,818) (15,013)
Other (4,441) 4,771 (4,280)
Net cash flow provided by operating activities 277,304 195,338 222,493
INVESTING ACTIVITIES      
Purchases of property, plant and equipment (171,004) (118,018) (110,697)
Disposals of property, plant and equipment 14,358 5,023 5,978
Proceeds from divestiture (Note 4) 0 0 56,127
Other (225) 247 659
Net cash flow used for investing activities (156,871) (112,748) (47,933)
FINANCING ACTIVITIES      
Net increase (decrease) in notes payable 495 (317) (6,288)
Term debt borrowings 295,863 25,298 50,070
Term debt repayments (190) (25,899) (94,577)
Purchase of capital stock (217) (241) (295)
The effect of employee benefit and stock plans and dividend reinvestment 17,975 18,319 1,348
Cash dividends paid to Shareholders (65,104) (64,128) (63,717)
Other (1,625) (6,317) (181)
Net cash flow provided by (used for) financing activities 247,197 (53,285) (113,640)
Effect of exchange rate changes on cash and cash equivalents (2,106) (255) (4,835)
CASH AND CASH EQUIVALENTS      
Net increase in cash and cash equivalents 365,524 29,050 56,085
Cash and cash equivalents, beginning of year 190,629 161,579 105,494
Cash and cash equivalents, end of year $ 556,153 $ 190,629 $ 161,579