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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
9 Months Ended
Mar. 31, 2025
Mar. 31, 2024
OPERATING ACTIVITIES    
Net income $ 31,040 $ 1,664
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 33,194 26,977
Amortization of debt issuance costs 1,443 780
Deferred income taxes (13,241) (6,806)
Foreign currency losses, net 5,683 4,261
Acquisition-related items 3,342 1,033
Non-cash impairment charges 5,328  
Pension settlement cost   10,674
Brazil employment taxes   4,202
Stock-based compensation expense 538 296
Other (1,167) 3,865
Changes in operating assets and liabilities, net of business acquisition    
Accounts receivable, net (29,251) 3,045
Inventories, net (38,133) (5,891)
Other current assets (7,712) 3,437
Other assets 3,809 624
Accounts payable 42,936 8,099
Accrued expenses and other liabilities 21,043 2,905
Net cash provided by operating activities 58,852 59,165
INVESTING ACTIVITIES    
Purchases of short-term investments (10,000) (65,523)
Maturities of short-term investments 44,000 57,000
Capital expenditures (25,151) (28,166)
Business acquisition, net of cash acquired (291,878) (3,282)
Other, net 1,375 888
Net cash used by investing activities (281,654) (39,083)
FINANCING ACTIVITIES    
Revolving credit facility borrowings 479,000 155,000
Revolving credit facility repayments (563,000) (131,000)
Proceeds from long-term debt 650,000  
Payments of long-term debt (320,953) (15,315)
Debt issuance costs (10,377)  
Proceeds from insurance premium financing   2,694
Payments of insurance premium financing (5,185) (5,353)
Dividends paid (14,585) (14,581)
Net cash provided (used) by financing activities 214,900 (8,555)
Effect of exchange rate changes on cash (2,357) (2,583)
Net (decrease) increase in cash and cash equivalents (10,259) 8,944
Cash and cash equivalents at beginning of period 70,613 41,281
Cash and cash equivalents at end of period $ 60,354 $ 50,225