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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Operating activities:    
Net loss $ (39,339) $ (42,457)
Adjustments to reconcile net loss to net cash provided (used) by operating activities:    
Depreciation and amortization 7,177 7,841
Goodwill impairment 12,316 0
Stock-based compensation expense 3,747 3,735
Deferred income tax 0 5,340
Loss (gain) on sale of property, plant and equipment 42 (102)
Provision for uncollectible accounts (50) (35)
Accelerated amortization of deferred debt amendment fees (Note 5) 0 1,518
Other 132 45
Changes in operating assets and liabilities increasing (decreasing) cash:    
Accounts receivable (28,125) 26,464
Costs and estimated earnings in excess of billings on uncompleted contracts (1,836) (3,729)
Inventories 1,993 1,045
Other assets and liabilities (5,170) (3,784)
Accounts payable 5,253 (4,866)
Billings on uncompleted contracts in excess of costs and estimated earnings 34,656 31,027
Accrued expenses (8,381) (10,657)
Net cash provided (used) by operating activities (17,585) 11,385
Investing activities:    
Capital expenditures (2,843) (569)
Proceeds from asset sales 31 108
Net cash used by investing activities (2,812) (461)
Financing activities:    
Advances under asset-backed credit facility 10,000 0
Repayments of advances under senior secured revolving credit facility (10,000) 0
Payment of debt amendment fees 0 (1,010)
Issuances of common stock 0 199
Proceeds from issuance of common stock under employee stock purchase plan 136 143
Repurchase of common stock for payment of statutory taxes due on equity-based compensation (310) (853)
Other Treasury Share Purchases 0 (236)
Net cash used by financing activities (174) (1,757)
Effect of exchange rate changes on cash, cash equivalents and restricted cash (336) (405)
Net increase (decrease) in cash, cash equivalents and restricted cash (20,907) 8,762
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Beginning of Period 77,371 83,878
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, End of Period 56,464 92,640
Supplemental disclosure of cash flow information:    
Income taxes 0 (341)
Interest, including payment of debt amendment fees 1,056 1,798
Non-cash investing and financing activities:    
Purchases of property, plant and equipment on account $ 476 $ 5