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Consolidated Statements Of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Mar. 31, 2019
Mar. 31, 2018
OPERATING ACTIVITIES:    
Net income (loss) $ (12,690) $ 15,480
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:    
Depreciation 5,694 5,398
Deferred income taxes 242 (124)
Stock-based compensation expense 914 909
Provision for losses on accounts receivable (110) (110)
ERP Impairment 18,668  
Other non-cash, net 2,455  
Gain on disposition of capital assets 133 (1,794)
Changes in operating assets and liabilities:    
Trade receivables 1,235 (2,820)
Inventories 275 (6,799)
Other current assets (6,876) (547)
Other assets 219 14
Accounts payable - trade 3,044 (420)
Accrued liabilities (785) 4,915
Other long-term liabilities 117 187
Net cash provided by operating activities 12,535 14,289
INVESTING ACTIVITIES:    
Purchases of investments (12,981) (30,196)
Proceeds from sales of investments 28,909 30,129
Proceeds from sale of capital assets 42 6,152
Capital expenditures (20,603) (20,149)
Net cash (used in) provided by investing activities (4,633) (14,064)
FINANCING ACTIVITIES:    
Dividends paid (6,935) (5,018)
Proceeds from issuance of common stock 81 77
Shares withheld for employee tax obligations (211) (552)
Net cash used in financing activities (7,065) (5,493)
Increase (decrease) in cash and cash equivalents 837 (5,268)
Cash and cash equivalents at beginning of year 27,750 28,874
Cash and cash equivalents at end of year 28,587 23,606
SUPPLEMENTAL INFORMATION CASH PAID DURING THE PERIOD FOR:    
Income taxes paid (refunded) 1,390 5,190
Capital Expenditures Incurred but Not yet Paid $ 293 $ 2,770