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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2020
OPERATING ACTIVITIES      
Net income $ 49,175 $ 54,385 $ 33,552
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 32,705 31,885 32,341
Amortization of debt issuance costs 590 833 882
Stock-based compensation   1,129 2,259
Acquisition-related items 316   (2,433)
Deferred income taxes (806) (2,183) 8,125
(Gain) on sale of investment (1,203)    
Foreign currency (gains), net (4,808) (9,718) (2,540)
Other 319 1,844 818
Changes in operating assets and liabilities, net of business acquisition:      
Accounts receivable, net (23,625) (18,209) 28,713
Inventories, net (46,999) (12,498) (12,930)
Other current assets (1,804) (1,631) (11,137)
Other assets (1,721) (1,898) (2,121)
Accounts payable 26,358 3,176 (7,672)
Accrued expenses and other liabilities 3,152 1,191 (8,509)
Net cash provided by operating activities 31,649 48,306 59,348
INVESTING ACTIVITIES      
Purchases of short-term investments (64,100) (74,000) (80,000)
Maturities of short-term investments 90,100 86,000 49,000
Capital expenditures (37,044) (29,320) (34,045)
Business acquisition (13,511)   (54,549)
Sale of investment 1,353    
Other, net 620 (1,260) (796)
Net cash used by investing activities (22,582) (18,580) (120,390)
FINANCING ACTIVITIES      
Revolving credit facility borrowings 297,000 317,500 243,000
Revolving credit facility repayments (247,000) (391,500) (170,000)
Proceeds from long-term debt   300,000  
Payments of long-term debt and other (9,375) (220,625) (12,646)
Payment of contingent consideration (4,840)    
Debt issuance costs   (2,940)  
Dividends paid (19,442) (19,430) (19,418)
Net cash provided (used) by financing activities 16,343 (16,995) 40,936
Effect of exchange rate changes on cash (1,374) 1,138 (1,124)
Net increase in cash and cash equivalents 24,036 13,869 (21,230)
Cash and cash equivalents at beginning of period 50,212 36,343 57,573
Cash and cash equivalents at end of period 74,248 50,212 36,343
Supplemental cash flow information      
Interest paid, net 11,159 10,808 11,577
Income taxes paid, net 17,854 19,395 20,866
Non-cash investing and financing activities      
Property, plant and equipment and capital lease additions $ 2,953 $ 2,957 $ 4,353