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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOW (UNAUDITED) - USD ($)
$ in Thousands
3 Months Ended
Sep. 30, 2021
Sep. 30, 2020
OPERATING ACTIVITIES    
Net income (loss) $ 37,752 $ (20,860)
Adjustments for non-cash items:    
Depreciation 29,124 27,560
Amortization 3,260 3,334
Stock-based compensation expense 7,202 6,991
Restructuring and asset impairment charges (Note 5) 28 1,184
Deferred income taxes 171 (410)
Other (370) 879
Changes in certain assets and liabilities:    
Accounts receivable 19,340 (6,737)
Inventories (34,355) 23,291
Accounts payable and accrued liabilities (43,677) (8,211)
Accrued income taxes 5,835 (11,573)
Accrued pension and postretirement benefits (7,156) (6,854)
Other (1,351) 1,028
Net cash flow provided by operating activities 15,803 9,622
INVESTING ACTIVITIES    
Purchases of property, plant and equipment (17,844) (39,345)
Disposals of property, plant and equipment 393 334
Other 37 48
Net cash flow used for investing activities (17,414) (38,963)
FINANCING ACTIVITIES    
Net increase (decrease) in notes payable (7,997) 1,252
Net (decrease) in revolving and other lines of credit 0 (461,500)
Purchase of capital stock (12,909) (50)
The effect of employee benefit and stock plans and dividend reinvestment (6,317) (4,732)
Cash dividends paid to Shareholders (16,737) (16,627)
Other 21 (1,703)
Net cash flow used for financing activities (43,939) (483,360)
Effect of exchange rate changes on cash and cash equivalents (1,181) 4,307
CASH AND CASH EQUIVALENTS    
Net decrease in cash and cash equivalents (46,731) (508,394)
Cash and cash equivalents, beginning of period 154,047 606,684
Cash and cash equivalents, end of period $ 107,316 $ 98,290