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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Dec. 31, 2016
Dec. 31, 2015
OPERATING ACTIVITIES    
Net income $ 25,594 $ 48,931
Adjustments to reconcile net income to net cash provided (used) by operating activities:    
Depreciation and amortization 12,762 10,822
Amortization of debt issuance costs and debt discount 508 484
Acquisition-related accrued compensation 840 840
Acquisition-related accrued interest 855 689
Pension settlement cost 1,702  
Deferred income taxes 3,736 (21,615)
Foreign currency (gains) losses, net 293 (2,790)
Other 310 149
Changes in operating assets and liabilities:    
Accounts receivable, net (1,583) (6,885)
Inventories, net 7,017 (12,794)
Other current assets 919 (309)
Other assets (512) (3,343)
Accounts payable (4,667) (4,842)
Accrued expenses and other liabilities (41) (3,733)
Net cash provided (used) by operating activities 47,733 5,604
INVESTING ACTIVITIES    
Capital expenditures (10,564) (17,653)
Other, net (201) 263
Net cash provided (used) by investing activities (10,765) (17,390)
FINANCING ACTIVITIES    
Revolving credit facility borrowings 73,000 100,500
Revolving credit facility repayments (93,500) (83,500)
Payments of long-term debt, capital leases and other (2,776) (2,466)
Proceeds from common shares issued 110 2,078
Dividends paid (7,882) (7,827)
Net cash provided (used) by financing activities (31,048) 8,785
Effect of exchange rate changes on cash (305) (843)
Net increase (decrease) in cash and cash equivalents 5,615 (3,844)
Cash and cash equivalents at beginning of period 33,605 29,216
Cash and cash equivalents at end of period $ 39,220 $ 25,372