XML 17 R6.htm IDEA: XBRL DOCUMENT v3.8.0.1
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 9 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Cash flows from operating activities    
Net income (loss) including noncontrolling interest $ 7,973 $ 6,473
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 21,818 20,148
Share-based compensation expense 8,477 4,585
Deferred income taxes, net (638) 6,558
Loss (Gain) on disposal of property and equipment 26 (444)
Changes in assets and liabilities:    
Accounts receivable, net (517) 4,142
Inventories (14,218) (4,501)
Other current and long-term assets (16,255) (6,134)
Accounts payable 6,492 (1,711)
Income taxes payable (1,731) (68)
Accrued and other liabilities 2,830 52
Net cash provided by operating activities 14,257 29,100
Cash flows from investing activities    
Purchases of property and equipment excluding JV Company (35,585) (16,163)
Purchases of property and equipment in JV Company (87,088) (15,857)
Purchases of land use rights in JV Company 0 (8,737)
Purchase of intangible assets (14,034) 0
Proceeds from sale of property and equipment 6 602
(Increase) decrease in restricted cash (18) 7
Net cash used in investing activities (136,719) (40,148)
Cash flows from financing activities    
Proceeds from investment by noncontrolling interest 128,994 33,000
Withholding tax on restricted stock units (2,248) (1,915)
Proceeds from exercise of stock options and ESPP 2,700 8,958
Payment for repurchases of common shares 12,016 0
Proceeds from borrowings 13,150 0
Principal payments on capital leases (623) (622)
Net cash provided by financing activities 129,957 39,421
Effect of exchange rate changes on cash and cash equivalents 2,004 3
Net increase in cash and cash equivalents 9,499 28,376
Cash and cash equivalents at beginning of period 115,708 87,774
Cash and cash equivalents at end of period 125,207 116,150
Supplemental disclosures of non-cash investing and financing information:    
Property and equipment purchased but not yet paid 66,563 9,620
Re-issuance of treasury stock $ 50 $ 7