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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Operating activities:    
Net (loss) income $ (36,845) $ 125,953
Adjustments to reconcile net (loss) income to net cash provided by operating activities:    
Non-cash compensation expense 3,162 5,402
Non-cash compensation to directors 1,466 843
Depreciation 19,211 16,147
Amortization 5,114 5,111
Deferred income taxes 546 3,324
Goodwill and other intangible asset impairment 88,389 0
Other items, net 1,701 1,128
Change in operating assets and liabilities:    
Trade receivables 22,889 (29,350)
Inventories 16,282 (28,513)
Prepaid expenses and other assets 81 (390)
Accounts payable (2,598) 6,776
Income taxes payable (567) 307
Accrued expenses (78,233) 2,885
Other liabilities (1,377) (1,633)
Net cash provided by operating activities 39,221 107,990
Investing activities:    
Purchases of property, plant and equipment (64,106) (43,505)
Proceeds from sale or disposal of property, plant and equipment 14 0
Net cash used in investing activities (64,092) (43,505)
Financing activities:    
Proceeds from revolving credit facility 75,000 141,700
Principal payments on long-term borrowings 0 (23,125)
Payments on revolving credit facility (60,000) (217,000)
Payment of deferred financing costs 0 (1,362)
Proceeds received from exercise of stock options 0 132
Cash paid for withholding taxes on vested restricted stock (1,242) (2,895)
Distributions to LLC Unit holders (890) (2,429)
Repurchase and retirement of common stock (19,743) (7,868)
Net cash used in financing activities (6,875) (112,847)
Effect of exchange rate changes on cash (75) (224)
Changes in cash (31,821) (48,586)
Cash—Beginning of period 78,937 83,744
Cash—End of period 47,116 35,158
Supplemental cash flow information:    
Cash paid for interest 2,513 2,457
Cash paid for income taxes $ 1,991 $ 34,117