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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Cash flows from operating activities    
Net income (loss) $ (2,496) $ 5,786
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Depreciation and amortization 14,562 12,951
Equity method investment loss from equity investee 1,007 2,712
Share-based compensation expense 6,902 918
Deferred income taxes, net (221) (1,183)
Loss on disposal of property and equipment 15 6
Impairment of privately-held investment 100 0
Changes in operating assets and liabilities    
Accounts receivable (12,045) (11,984)
Inventories 10,782 (4,504)
Contract assets (3,050) 0
Other current and long-term assets 137 (1,302)
Accounts payable (1,519) 3,068
Net payable, equity investee 3,513 8,164
Income taxes payable 641 (802)
Increase (decrease) in deferred revenue (2,591) 1,109
Accrued and other liabilities (4,716) (1,116)
Net cash provided by operating activities 11,021 13,823
Cash flows from investing activities    
Purchases of property and equipment (6,918) (12,510)
Government grant related to equipment 180 0
Net cash used in investing activities (6,738) (12,510)
Cash flows from financing activities    
Withholding tax on restricted stock units (673) (383)
Proceeds from exercise of stock options and released of restricted stock 91 446
Repayments of borrowings (2,897) (2,851)
Principal payments on finance leases (227) (211)
Net cash used in financing activities (3,706) (2,999)
Effect of exchange rate changes on cash, cash equivalents and restricted cash 105 (135)
Net increase (decrease) in cash, cash equivalents and restricted cash 682 (1,821)
Cash, cash equivalents and restricted cash at beginning of period 175,540 195,603
Cash, cash equivalents and restricted cash at end of period 176,222 193,782
Supplemental disclosures of non-cash investing and financing information:    
Property and equipment purchased but not yet paid 2,507 3,560
Reconciliation of cash, cash equivalents, and restricted cash:    
Cash and cash equivalents 176,008 193,576
Restricted cash 214 206
Total cash, cash equivalents, and restricted cash $ 176,222 $ 193,782