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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOW (UNAUDITED) - USD ($)
$ in Thousands
9 Months Ended
Mar. 31, 2018
Mar. 31, 2017
OPERATING ACTIVITIES    
Net income $ 134,907 $ 26,368
Adjustments for non-cash items:    
Depreciation 69,994 68,369
Amortization 11,028 12,665
Stock-based compensation expense 16,225 17,285
Restructuring and asset impairment charges (Note 7) 4,267 1,224
Deferred income tax provision 6,911 1,300
Other 3,384 (2,711)
Changes in certain assets and liabilities:    
Accounts receivable (14,761) (12,736)
Inventories (32,861) (38,110)
Accounts Payable and accrued liabilities (Note 3) (15,703) 28,561
Accrued income taxes 20,206 1,087
Accrued pension and postretirement benefits (19,973) (18,799)
Other (3,038) (1,710)
Net cash flow provided by operating activities 180,586 82,793
INVESTING ACTIVITIES    
Purchases of property, plant and equipment (128,310) (94,095)
Disposals of property, plant and equipment 2,196 3,852
Other 321 111
Net cash flow used for investing activities (125,793) (90,132)
FINANCING ACTIVITIES    
Net increase in notes payable 791 333
Term debt borrowings 0 25,298
Term debt repayments (190) (25,830)
Purchase of capital stock (163) (188)
Dividend reinvestment and the effect of employee benefit and stock plans (Note 3) 17,493 4,285
Cash dividends paid to Shareholders (48,773) (48,013)
Other (415) (6,439)
Net cash flow used for financing activities (31,257) (50,554)
Effect of exchange rate changes on cash and cash equivalents 7,741 (2,869)
CASH AND CASH EQUIVALENTS    
Net increase (decrease) in cash and cash equivalents 31,277 (60,762)
Cash and cash equivalents, beginning of period 190,629 161,579
Cash and cash equivalents, end of period $ 221,906 $ 100,817