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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (unaudited) - USD ($)
$ in Thousands
6 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Operating activities:    
Net income $ 3,821 $ 17,568
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 6,920 6,225
Amortization of debt issuance costs and debt discount 2,884 691
Provision for doubtful accounts (73) (49)
Non-cash stock compensation 3,718 3,206
Deferred income taxes 632 (184)
Environmental remediation charge 170  
Earnings on equity investment in joint venture (1,044) (748)
Changes in assets and liabilities:    
Trade accounts receivable 21,400 9,021
Other receivables 1,472 2,041
Inventory (8,986) (10,418)
Prepaid expenses and other current assets (488) (400)
Other assets 182 (11)
Accounts payable (2,312) 2,649
Accrued expenses and other liabilities (8,089) (13,323)
Net cash provided by operating activities 20,207 16,268
Investing activities:    
Payment for net assets of businesses acquired (270,000)  
Purchases of investments (1,037) (37)
Sales of investments   1,023
Payments for intangible assets (2,872) (9,850)
Purchases of property and equipment, net (656) (725)
Net cash used in investing activities (274,565) (9,589)
Financing activities:    
Payment of cash dividends (3,961) (3,563)
Proceeds from exercise of stock options 510 384
Excess tax benefit on stock option exercises and restricted stock 569 1,030
Payment of contingent consideration   (1,500)
Proceeds from convertible senior notes   143,750
Payment for debt issuance costs   (5,153)
Proceeds from sold warrants   13,685
Purchase of call option (hedge)   (27,174)
Termination payment for interest rate swap   (420)
Borrowings of bank loans 265,000 15,500
Payment for deferred financing costs (5,407)  
Repayment of bank loans (98) (122,599)
Net cash provided by financing activities 256,613 13,940
Effect of exchange rate changes on cash (1,075) (290)
Net increase in cash 1,180 20,329
Cash and cash equivalents at beginning of period 66,828 34,020
Cash and cash equivalents at end of period $ 68,008 $ 54,349