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CONSOLIDATED STATEMENTS OF CASH FLOWS (unaudited) - USD ($)
$ in Thousands
6 Months Ended
Dec. 31, 2015
Dec. 31, 2014
OPERATING ACTIVITIES    
Net income $ 48,931 $ 33,180
Adjustments to reconcile net income to net cash provided (used) by operating activities:    
Depreciation and amortization 10,822 10,594
Amortization of deferred financing costs and debt discount 484 483
Acquisition related accrued compensation 840  
Acquisition related accrued interest 689  
Deferred income taxes valuation allowance (18,787)  
Deferred income taxes (2,828) 176
Foreign currency (gains) losses, net (2,790) (1,046)
Other 149 (21)
Changes in operating assets and liabilities:    
Accounts receivable, net (6,885) (3,440)
Inventories, net (12,794) (9,281)
Prepaid expenses and other current assets (309) 4,557
Other assets (3,343) 101
Accounts payable (4,842) (1,999)
Accrued expenses and other liabilities (3,733) (7,541)
Net cash provided (used) by operating activities 5,604 25,763
INVESTING ACTIVITIES    
Capital expenditures (17,653) (7,728)
Other, net 263 809
Net cash provided (used) by investing activities (17,390) (6,919)
FINANCING ACTIVITIES    
Borrowings under the revolving credit facility 100,500  
Repayments of the revolving credit facility (83,500)  
Payments of long-term debt, capital leases and other (2,466) (1,604)
Proceeds from common shares issued 2,078 158
Dividends paid (7,827) (7,791)
Net cash provided (used) by financing activities 8,785 (9,237)
Effect of exchange rate changes on cash (843) (739)
Net increase (decrease) in cash and cash equivalents (3,844) 8,868
Cash and cash equivalents at beginning of period 29,216 11,821
Cash and cash equivalents at end of period $ 25,372 $ 20,689