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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
 6 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Operating activities:    
Net income $ 44,185 $ 34,280
Adjustments to reconcile net income to net cash provided by operating activities:    
Non-cash compensation expense 2,611 1,490
Non-cash compensation to directors 421 415
Depreciation 7,085 6,102
Amortization 3,048 3,121
Deferred income taxes 3,051 2,794
Other items, net 568 1,034
Change in operating assets and liabilities (excluding effects of acquisition):    
Trade receivables 2,702 12,125
Inventories (14,692) (9,022)
Prepaid expenses and other assets (2,178) (675)
Accounts payable 8,980 1,155
Income taxes payable 3,537 (1,234)
Accrued expenses 13,356 1,668
Other liabilities (73) (744)
Net cash provided by operating activities 72,601 52,509
Investing activities:    
Purchases of property, plant and equipment (11,525) (19,313)
Payment for acquisition, net of cash acquired (150,427) 0
Net cash used in investing activities (161,952) (19,313)
Financing activities:    
Proceeds from long-term borrowings 25,000 0
Proceeds from revolving credit facility 65,000 0
Payments on revolving credit facility (8,800) (20,000)
Payment of deferred financing costs (638) 0
Proceeds received from exercise of stock options 300 0
Cash paid for withholding taxes on vested restricted stock (1,171) (811)
Distributions to LLC Unit holders (553) (969)
Repurchase and retirement of common stock 0 (11,123)
Net cash provided by (used in) financing activities 79,138 (32,903)
Effect of exchange rate changes on cash 155 22
Changes in cash (10,058) 315
Cash—Beginning of period 33,787 27,392
Cash—End of period 23,729 27,707
Supplemental cash flow information:    
Cash paid for interest 787 2,133
Cash paid for income taxes $ 6,478 $ 7,300