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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOW (UNAUDITED) - USD ($)
$ in Thousands
3 Months Ended
Sep. 30, 2018
Sep. 30, 2017
OPERATING ACTIVITIES    
Net income $ 58,424 $ 39,638
Adjustments for non-cash items:    
Depreciation 23,973 22,777
Amortization 3,580 3,661
Stock-based compensation expense 8,486 6,543
Restructuring and asset impairment charges (Note 7) (288) 3,159
Deferred income tax provision 20 577
Other 257 1,368
Changes in certain assets and liabilities:    
Accounts receivable 9,009 626
Inventories (48,597) (19,704)
Accounts Payable and accrued liabilities (Note 4) (52,731) (82,454)
Accrued income taxes 9,461 398
Accrued pension and postretirement benefits (4,348) (8,060)
Other 1,955 (8,203)
Net cash flow provided by (used for) operating activities 9,201 (39,674)
INVESTING ACTIVITIES    
Purchases of property, plant and equipment (Note 4) (43,263) (22,306)
Disposals of property, plant and equipment 833 426
Other 37 (67)
Net cash flow used for investing activities (42,393) (21,947)
FINANCING ACTIVITIES    
Net (decrease) increase in notes payable (16) 423
Term debt repayments (400,000) (93)
Purchase of capital stock (54) (55)
Dividend reinvestment and the effect of employee benefit and stock plans (2,436) (3,969)
Cash dividends paid to Shareholders (16,399) (16,191)
Other 16 (320)
Net cash flow used for financing activities (418,889) (20,205)
Effect of exchange rate changes on cash and cash equivalents (1,988) 1,894
CASH AND CASH EQUIVALENTS    
Net decrease in cash and cash equivalents (454,069) (79,932)
Cash and cash equivalents, beginning of period 556,153 190,629
Cash and cash equivalents, end of period $ 102,084 $ 110,697