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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOW (UNAUDITED) - USD ($)
$ in Thousands
 9 Months Ended
Mar. 31, 2021
Mar. 31, 2020
OPERATING ACTIVITIES    
Net income $ 22,375 $ 3,422
Adjustments for non-cash items:    
Depreciation 83,677 79,078
Amortization 10,043 10,413
Stock-based compensation expense 19,381 14,289
Restructuring and asset impairment charges (Note 6) 2,805 33,792
Deferred income taxes (14,418) (23,597)
Loss on divestiture (Note 3) 0 6,517
Debt refinancing charge (Note 10) 9,071  
Other 4,567 2,748
Changes in certain assets and liabilities:    
Accounts receivable (56,454) 60,616
Inventories 58,109 29,947
Accounts payable and accrued liabilities 28,086 (34,351)
Accrued income taxes (20,926) (21,957)
Accrued pension and postretirement benefits (21,142) (18,163)
Other 14,023 3,305
Net cash flow provided by operating activities 139,197 146,059
INVESTING ACTIVITIES    
Purchases of property, plant and equipment (94,066) (206,061)
Disposals of property, plant and equipment 1,216 2,780
Proceeds from divestiture (Note 3) 0 23,950
Other 112 (869)
Net cash flow used for investing activities (92,738) (180,200)
FINANCING ACTIVITIES    
Net increase (decrease) in notes payable 1,008 (175)
Net (decrease) increase revolving and other lines of credit (490,000) 4,500
Term debt borrowings 297,867  
Term debt repayments (300,000) 0
Make-whole premium on early extinguishment of debt (Note 10) (9,639)  
Settlement of interest rate swap agreement (Note 5) 10,198  
Purchase of capital stock (149) (158)
The effect of employee benefit and stock plans and dividend reinvestment (150) (5,747)
Cash dividends paid to Shareholders (50,016) (49,725)
Other (4,581) (2,698)
Net cash flow used for financing activities (545,462) (54,003)
Effect of exchange rate changes on cash and cash equivalents 6,626 (8,641)
CASH AND CASH EQUIVALENTS    
Net decrease in cash and cash equivalents (492,377) (96,785)
Cash and cash equivalents, beginning of period 606,684 182,015
Cash and cash equivalents, end of period $ 114,307 $ 85,230