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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOW (UNAUDITED) - USD ($)
$ in Thousands
6 Months Ended
Dec. 31, 2017
Dec. 31, 2016
OPERATING ACTIVITIES    
Net income (loss) $ 81,796 $ (13,286)
Adjustments for non-cash items:    
Depreciation 46,061 45,994
Amortization 7,338 8,421
Stock-based compensation expense 11,995 13,275
Restructuring and asset impairment charges (Note 7) 3,172 781
Deferred income tax provision 7,241 1,274
Other 3,474 (2,773)
Changes in certain assets and liabilities:    
Accounts receivable (3,290) 20,423
Inventories (9,080) (1,938)
Accounts Payable and accrued liabilities (Note 3) (66,620) (5,497)
Accrued income taxes 3,966 1,632
Accrued pension and postretirement benefits (13,824) (11,298)
Other (5,455) (8,309)
Net cash flow provided by operating activities 66,774 48,699
INVESTING ACTIVITIES    
Purchases of property, plant and equipment (85,223) (70,573)
Disposals of property, plant and equipment 846 3,509
Other 244 100
Net cash flow used for investing activities (84,133) (66,964)
FINANCING ACTIVITIES    
Net increase in notes payable 643 1,005
Term debt repayments (141) (427)
Purchase of capital stock (109) (125)
Dividend reinvestment and the effect of employee benefit and stock plans (Note 3) 15,020 1,341
Cash dividends paid to Shareholders (32,456) (31,970)
Other (271) (6,626)
Net cash flow used for financing activities (17,314) (36,802)
Effect of exchange rate changes on cash and cash equivalents 3,984 (4,511)
CASH AND CASH EQUIVALENTS    
Net decrease in cash and cash equivalents (30,689) (59,578)
Cash and cash equivalents, beginning of period 190,629 161,579
Cash and cash equivalents, end of period $ 159,940 $ 102,001