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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOW (UNAUDITED) - USD ($)
$ in Thousands
3 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Jun. 30, 2023
OPERATING ACTIVITIES      
Net income $ 23,466 $ 30,369  
Adjustments to reconcile to cash from operations:      
Depreciation 30,839 30,461  
Amortization 2,718 3,045  
Stock-based compensation expense 7,937 8,696  
Restructuring and other charges, net (Note 6) 611 3,087  
Insurance Recoveries (5,000) 0  
Other Noncash Income (Expense) 1,742 5,623  
Deferred income taxes (1,253) (104)  
Changes in certain assets and liabilities:      
Accounts receivable 26,605 17,937  
Inventories (17,455) (20,266)  
Accounts payable and accrued liabilities (22,270) (32,555)  
Accrued income taxes 1,976 (11,676)  
Accrued pension and postretirement benefits (1,195) (2,925)  
Other (2,975) (5,981)  
Net cash flow provided by (used in) operating activities 45,746 25,711  
INVESTING ACTIVITIES      
Purchases of property, plant and equipment (24,748) (31,799)  
Disposals of property, plant and equipment 93 3,048  
Proceeds from Insurance Settlement, Investing Activities 4,693 0  
Other 9 27  
Net cash flow used in investing activities (19,953) (28,724)  
FINANCING ACTIVITIES      
Net increase in notes payable 0 7,212  
Net increase in revolving and other lines of credit 0 23,400  
Purchase of capital stock (15,030) (13,725)  
The effect of employee benefit and stock plans and dividend reinvestment (5,768) (7,013)  
Cash dividends paid to Shareholders (15,582) (15,935)  
Other 26 9  
Net cash flow (used in) provided by financing activities (36,354) (6,052)  
Effect of exchange rate changes on cash and cash equivalents 2,178 (1,858)  
Net decrease in cash and cash equivalents (8,383) (10,923)  
Cash and cash equivalents, end of period $ 119,588 $ 95,098 $ 106,021