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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOW (UNAUDITED) - USD ($)
$ in Thousands
9 Months Ended
Mar. 31, 2022
Mar. 31, 2021
OPERATING ACTIVITIES    
Net income (loss) $ 107,356 $ 22,375
Adjustments to reconcile to cash from operations:    
Depreciation 87,984 83,677
Amortization 9,751 10,043
Stock-based compensation expense 18,024 19,381
Restructuring (benefits) charges and asset impairment charges (Note 6) (2,444) 2,805
Deferred income taxes 593 (14,418)
Debt Related Commitment Fees and Debt Issuance Costs 0 9,071
Gain on divestiture (Note 3) (1,001) 0
Other 703 4,567
Changes in certain assets and liabilities:    
Accounts receivable (17,757) (56,454)
Inventories (99,486) 58,109
Accounts payable and accrued liabilities (11,416) 28,086
Accrued income taxes 14,733 (20,926)
Accrued pension and postretirement benefits (20,318) (21,142)
Other 6,301 14,023
Net cash flow provided by operating activities 93,023 139,197
INVESTING ACTIVITIES    
Purchases of property, plant and equipment (60,151) (94,066)
Disposals of property, plant and equipment 765 1,216
Proceeds from divestiture (Note 3) 1,001 0
Other 62 112
Net cash flow used for investing activities (58,323) (92,738)
FINANCING ACTIVITIES    
Net increase (decrease) in notes payable (7,111) 1,008
Net increase (decrease) revolving and other lines of credit 27,500 (490,000)
Proceeds from Issuance of Long-term Debt 0 297,867
Repayments of Long-term Debt 0 (300,000)
Payment for Debt Extinguishment or Debt Prepayment Cost 0 9,639
Proceeds from Derivative Instrument, Financing Activities 0 10,198
Purchase of capital stock (50,522) (149)
The effect of employee benefit and stock plans and dividend reinvestment (6,889) (150)
Cash dividends paid to Shareholders (50,062) (50,016)
Other (682) (4,581)
Net cash flow used for financing activities (87,766) (545,462)
Effect of exchange rate changes on cash and cash equivalents (999) 6,626
CASH AND CASH EQUIVALENTS    
Net decrease in cash and cash equivalents (54,065) (492,377)
Cash and cash equivalents, beginning of period 154,047 606,684
Cash and cash equivalents, end of period $ 99,982 $ 114,307