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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Cash flows from operating activities:    
Net loss $ (29,519) $ (39,571)
Adjustments to reconcile net loss to net cash provided by operating activities:    
Depreciation and amortization 11,243 11,925
Income from extinguishment of loan (8,200) 0
Restructuring of operations 6,619 2,269
Stock compensation expense 2,154 1,158
Provision for deferred income taxes 17,655 (8,072)
Goodwill and other asset impairment charge 0 27,603
Other, net 798 258
Changes in operating assets and liabilities    
Trade accounts receivable (7,810) 13,132
Inventories 9,063 6,775
Other assets (5,007) 2,246
Accounts payable 4,606 (3,342)
Accrued liabilities 7,058 (5,807)
Accrued/prepaid retirement benefits (2,132) 544
Net cash provided by operating activities 6,528 9,118
Cash flows from investing activities:    
Capital expenditures (4,464) (10,699)
Proceeds on note receivable 1,500 500
Proceeds from sale of plant assets 102 137
Proceeds from life insurance policy 253 102
Other, net (133) (159)
Net cash used by investing activities (2,742) (10,119)
Cash flows from financing activities:    
Borrowings under long-term debt agreement 0 8,200
Borrowings under revolving loan agreement 76,335 99,262
Repayments under revolving loan agreement (78,370) (105,065)
Repayments of long-term borrowings (1,838) (2,241)
Payments of withholding taxes on stock compensation (224) (913)
Dividends paid to noncontrolling interest (220) (298)
Net cash used by financing activities (4,317) (1,055)
Effect of exchange rate changes on cash 2,183 382
Net change in cash 1,652 (1,674)
Cash:    
Beginning of year 10,688 12,362
End of year 12,340 10,688
Supplemental cash flow information:    
Interest 2,366 1,861
Income taxes $ 3,257 $ 3,481