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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
9 Months Ended
Mar. 31, 2017
Mar. 31, 2016
OPERATING ACTIVITIES    
Net income $ 49,237 $ 67,508
Adjustments to reconcile net income to net cash provided (used) by operating activities:    
Depreciation and amortization 19,604 16,678
Amortization of debt issuance costs and debt discount 761 734
Acquisition-related cost of goods sold   1,601
Acquisition-related accrued compensation 1,260 1,260
Acquisition-related accrued interest 1,314 1,083
Pension settlement cost 1,702  
Deferred income taxes 4,068 (23,117)
Foreign currency (gains) losses, net (798) (5,635)
Other 546 286
Changes in operating assets and liabilities:    
Accounts receivable, net 10,020 (6,556)
Inventories, net 3,871 (19,822)
Other current assets (2,599) (991)
Other assets (456) (1,770)
Accounts payable (6,388) (11,715)
Accrued expenses and other liabilities 2,668 (8,918)
Net cash provided (used) by operating activities 84,810 10,626
INVESTING ACTIVITIES    
Capital expenditures (15,377) (28,648)
Business acquisition   (46,546)
Other, net (1,791) 142
Net cash provided (used) by investing activities (17,168) (75,052)
FINANCING ACTIVITIES    
Revolving credit facility borrowings 118,500 222,500
Revolving credit facility repayments (157,500) (143,500)
Payments of long-term debt, capital leases and other (3,502) (3,198)
Proceeds from common shares issued 2,580 3,965
Dividends paid (11,841) (11,767)
Net cash provided (used) by financing activities (51,763) 68,000
Effect of exchange rate changes on cash (174) (565)
Net increase (decrease) in cash and cash equivalents 15,705 3,009
Cash and cash equivalents at beginning of period 33,605 29,216
Cash and cash equivalents at end of period $ 49,310 $ 32,225