XML 35 R6.htm IDEA: XBRL DOCUMENT v3.2.0.727
CONSOLIDATED STATEMENTS OF CASH FLOWS (unaudited) - USD ($)
$ in Thousands
9 Months Ended
Mar. 31, 2015
Mar. 31, 2014
OPERATING ACTIVITIES    
Net income $ 49,876 $ 14,515
Adjustments to reconcile net income to net cash provided (used) by operating activities:    
Depreciation and amortization 15,950 15,615
Amortization of deferred financing costs and debt discount 725 $ 1,182
Acquisition related accrued compensation 327  
Acquisition related accrued interest 235  
Deferred income taxes 3,331 $ 661
Foreign currency (gains) losses, net (4,587) 1,550
Other (40) (374)
Changes in operating assets and liabilities:    
Accounts receivable, net (6,879) (8,769)
Inventories, net (6,733) (3,802)
Prepaid expenses and other current assets 1,449 (1,168)
Other assets 105 (1,420)
Accounts payable (1,199) 2,752
Accrued interest 70 (6,893)
Accrued expenses and other liabilities (5,788) 2,781
Net cash provided (used) by operating activities 46,842 16,630
INVESTING ACTIVITIES    
Capital expenditures (13,103) $ (14,248)
Business acquisition (5,000)  
Other, net (4,002) $ 110
Net cash provided (used) by investing activities (22,105) (14,138)
FINANCING ACTIVITIES    
Borrowings under the domestic senior and revolving credit facility 2,000 145,000
Repayments of the domestic senior and revolving credit facility (2,000) (136,500)
Payments of long-term debt, capital leases and other (3,358) $ (2,040)
Proceeds from new common shares issued 616  
Dividends paid (11,692) $ (25,000)
Net cash provided (used) by financing activities (14,434) (18,540)
Effect of exchange rate changes on cash (1,320) (342)
Net increase (decrease) in cash and cash equivalents 8,983 (16,390)
Cash and cash equivalents at beginning of period 11,821 27,369
Cash and cash equivalents at end of period 20,804 $ 10,979
Non-cash investing and financing activities    
Business acquisition $ 7,360  
Capital/leasehold improvements   $ 1,315
Capital lease additions   $ 29