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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Operating activities:    
Net income $ 20,770 $ 36,105
Adjustments to reconcile net income to net cash (used in) provided by operating activities:    
Non-cash compensation expense 1,460 1,635
Non-cash compensation to directors 297 290
Depreciation 6,324 5,296
Amortization 1,715 1,716
Deferred income taxes 4,199 1,137
Other items, net 533 617
Change in operating assets and liabilities:    
Trade receivables 3,501 5,153
Inventories (3,217) (25,714)
Prepaid expenses and other assets (4,549) (3,784)
Accounts payable (1,995) 7,154
Income taxes payable 675 8,846
Accrued expenses (77,650) (6,195)
Other liabilities (474) (567)
Net cash (used in) provided by operating activities (48,411) 31,689
Investing activities:    
Purchases of property, plant and equipment (39,527) (12,362)
Net cash used in investing activities (39,527) (12,362)
Financing activities:    
Proceeds from revolving credit facility 75,000 121,700
Principal payments on long-term borrowings 0 (23,125)
Payments on revolving credit facility (10,000) (147,000)
Payment of deferred financing costs 0 (1,362)
Cash paid for withholding taxes on vested restricted stock 0 (871)
Distributions to LLC Unit holders (776) (1,045)
Repurchase and retirement of common stock (9,619) (7,868)
Net cash provided by (used in) financing activities 54,605 (59,571)
Effect of exchange rate changes on cash (142) (449)
Changes in cash (33,475) (40,693)
Cash—Beginning of period 78,937 83,744
Cash—End of period 45,462 43,051
Supplemental cash flow information:    
Cash paid for interest 95 1,056
Cash paid for income taxes $ 579 $ 760