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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOW (UNAUDITED) - USD ($)
$ in Thousands
 9 Months Ended
Mar. 31, 2019
Mar. 31, 2018
OPERATING ACTIVITIES    
Net income $ 184,798 $ 134,907
Adjustments for non-cash items:    
Depreciation 72,087 69,994
Amortization 10,780 11,028
Stock-based compensation expense 18,844 16,225
Restructuring and asset impairment charges (Note 7) 1,905 4,267
Deferred income tax provision 2,409 6,911
Other 2,567 3,384
Changes in certain assets and liabilities:    
Accounts receivable (7,595) (14,761)
Inventories (71,814) (32,861)
Accounts Payable and accrued liabilities (Note 4) (57,165) (38,403)
Accrued income taxes 5,936 20,206
Accrued pension and postretirement benefits (13,862) (19,973)
Other 8,575 (3,038)
Net cash flow provided by operating activities 157,465 157,886
INVESTING ACTIVITIES    
Purchases of property, plant and equipment (Note 4) (145,942) (105,610)
Disposals of property, plant and equipment 3,575 2,196
Other (371) 321
Net cash flow used for investing activities (142,738) (103,093)
FINANCING ACTIVITIES    
Net (decrease) increase in notes payable (871) 791
Net decrease in short-term revolving and other lines of credit (174) 0
Term debt repayments (400,000) (190)
Purchase of capital stock (161) (163)
The effect of employee benefit and stock plans and dividend reinvestment (5,249) 17,493
Cash dividends paid to Shareholders (49,268) (48,773)
Other (687) (415)
Net cash flow used for financing activities (456,410) (31,257)
Effect of exchange rate changes on cash and cash equivalents (1,873) 7,741
CASH AND CASH EQUIVALENTS    
Net (decrease) increase in cash and cash equivalents (443,556) 31,277
Cash and cash equivalents, beginning of period 556,153 190,629
Cash and cash equivalents, end of period $ 112,597 $ 221,906