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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Cash flows from operating activities:    
Net (loss) income $ (11,819) $ 11,530
Net loss from discontinued operations (11,704) (761)
Net (loss) income from continuing operations (115) 12,291
Adjustments to reconcile net income to net cash provided by operating activities of continuing operations:    
Depreciation and amortization 8,710 8,518
Amortization of debt issue costs 104 104
Provision for doubtful accounts (8) 1,225
Share-based compensation 1,168 1,241
Deferred income taxes 139 56
Change in fair value of contingent consideration 516 2,472
Finance lease interest 37 22
Changes in operating assets and liabilities, net of acquisitions:    
Accounts receivable (68,726) (48,844)
Inventories 31,155 (49,276)
Prepaid expenses and other assets 2,369 306
Other non-current assets (274) (7,516)
Accounts payable 92,419 94,587
Accrued expenses and other liabilities 7,827 10,063
Income taxes payable (4,096) 2,381
Net cash provided by operating activities of continuing operations 71,225 27,630
Cash flows from investing activities of continuing operations:    
Capital expenditures (748) (939)
Cash paid for business acquisitions, net of cash acquired 0 (49,080)
Net cash used in investing activities of continuing operations (748) (50,019)
Cash flows from financing activities of continuing operations:    
Borrowings on revolving credit, net of expenses 477,381 476,171
Repayments on revolving credit, net of expenses (545,095) (515,772)
Borrowings on long-term debt, net (2,214) (1,272)
Repayments of finance lease obligations (327) (391)
Taxes paid on settlement of equity awards 0 (12)
Repurchase of common stock 0 (6,077)
Net cash used in financing activities of continuing operations (70,255) (47,353)
Cash flows from discontinued operations:    
Net cash flows provided by operating activities of discontinued operations 31,853 19,370
Net cash flows used in by investing activities of discontinued operations (36) (1)
Net cash flows (used in) provided by financing activities of discontinued operations (9,488) 52,861
Net cash flows provided by discontinued operations 22,329 72,230
Effect of exchange rate changes on cash and cash equivalents (1,439) (429)
Increase in cash and cash equivalents 21,112 2,059
Cash and cash equivalents at beginning of period 34,455 23,818
Cash and cash equivalents at end of period 55,567 25,877
Cash and cash equivalents of discontinued operations 5,678 1,526
Cash and cash equivalents of continuing operations $ 49,889 $ 24,351