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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Cash flows from operating activities:    
Net income (loss) $ 45,325 $ (26,013)
Net income (loss) from discontinued operations 100 (36,959)
Net income from continuing operations 45,225 10,946
Adjustments to reconcile net income to net cash (used in) provided by operating activities of continuing operations:    
Depreciation and amortization 14,879 17,059
Amortization of debt issue costs 209 209
Provision for doubtful accounts 921 (180)
Share-based compensation 6,032 3,174
Deferred income taxes (109) (694)
Change in fair value of contingent consideration 0 516
Contingent consideration payments excess 0 (5,457)
Finance lease interest 26 70
Changes in operating assets and liabilities, net of acquisitions:    
Accounts receivable (54,370) (86,683)
Inventories (95,531) 35,124
Prepaid expenses and other assets (11,236) 2,256
Other non-current assets (1,561) 1,328
Accounts payable 25,444 132,074
Accrued expenses and other liabilities (5,130) 11,150
Income taxes payable (177) (5,218)
Net cash (used in) provided by operating activities of continuing operations (75,378) 115,674
Cash flows from investing activities of continuing operations:    
Capital expenditures (2,645) (1,454)
Proceeds from the sale of discontinued operations 3,125 34,356
Net cash provided by investing activities of continuing operations 480 32,902
Cash flows from financing activities of continuing operations:    
Borrowings on revolving credit, net of expenses 1,115,161 959,848
Repayments on revolving credit, net of expenses (1,057,376) (1,022,561)
Repayments on long-term debt, net (4,093) (4,089)
Repayments of finance lease obligations (624) (652)
Contingent consideration payments 0 (41,393)
Exercise of stock options 1,114 0
Taxes paid on settlement of equity awards (2,634) (1,036)
Common stock repurchased (183) 0
Net cash provided by (used in) financing activities of continuing operations 51,365 (109,883)
Cash flows from discontinued operations:    
Net cash flows provided by operating activities of discontinued operations 0 21,704
Net cash flows used in by investing activities of discontinued operations 0 (58)
Net cash flows used in financing activities of discontinued operations 0 (29,494)
Net cash flows used in discontinued operations 0 (7,848)
Effect of exchange rate changes on cash and cash equivalents (5,062) 1,887
(Decrease) increase in cash and cash equivalents (28,595) 32,732
Cash and cash equivalents at beginning of period 62,718 34,455
Cash and cash equivalents at end of period 34,123 67,187
Cash and cash equivalents of discontinued operations 0 0
Cash and cash equivalents of continuing operations $ 34,123 $ 67,187