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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
 6 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Operating activities:    
Net income $ 58,912 $ 44,185
Adjustments to reconcile net income to net cash provided by operating activities:    
Non-cash compensation expense 2,856 2,611
Non-cash compensation to directors 485 421
Depreciation 9,531 7,085
Amortization 3,575 3,048
Deferred income taxes 3,665 3,051
Other items, net 344 568
Change in operating assets and liabilities:    
Trade receivables 28,057 2,702
Inventories (35,613) (14,692)
Prepaid expenses and other assets (5,473) (2,178)
Accounts payable (2,788) 8,980
Income taxes payable (2,899) 3,537
Accrued expenses 289 13,356
Other liabilities (2,975) (73)
Net cash provided by operating activities 57,966 72,601
Investing activities:    
Purchases of property, plant and equipment (26,226) (11,525)
Payment for acquisition, net of cash acquired 0 (150,427)
Net cash used in investing activities (26,226) (161,952)
Financing activities:    
Proceeds from long-term borrowings 0 25,000
Proceeds from revolving credit facility 0 65,000
Principal payments on long-term borrowings (625) 0
Payments on revolving credit facility (20,000) (8,800)
Payment of deferred financing costs 0 (638)
Proceeds received from exercise of stock options 971 300
Cash paid for withholding taxes on vested restricted stock (2,027) (1,171)
Distributions to LLC Unit holders (1,244) (553)
Repurchase and retirement of common stock (5,228) 0
Net cash (used in) provided by financing activities (28,153) 79,138
Effect of exchange rate changes on cash (231) 155
Changes in cash 3,356 (10,058)
Cash—Beginning of period 41,479 33,787
Cash—End of period 44,835 23,729
Supplemental cash flow information:    
Cash paid for interest 1,043 787
Cash paid for income taxes $ 16,655 $ 6,478