XML 164 R7.htm IDEA: XBRL DOCUMENT v2.4.0.8
Consolidated Statements of Cash Flow (Unaudited) (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Jun. 30, 2011
OPERATING ACTIVITIES      
Net income $ 206,916 $ 310,833 $ 232,277
Adjustments for non-cash items:      
Depreciation 92,344 87,722 81,869
Amortization 20,760 16,351 11,602
Stock-based compensation expense 21,874 21,500 18,852
Restructuring charges      2,914
Deferred income tax provision (benefit) 232 28,602 (7,881)
Other 2,577 (12,702) (9,872)
Changes in certain assets and liabilities:      
Accounts receivable 33,801 (10,891) (89,153)
Inventories 5,879 (63,833) (124,082)
Accounts payable and accrued liabilities (90,449) (57,003) 100,325
Accrued income taxes 949 (14,157) 22,158
Other (10,733) (16,842) (8,212)
Net cash flow provided by operating activities 284,150 289,580 230,797
INVESTING ACTIVITIES      
Capital Expenditures (82,835) (103,036) (83,442)
Disposals of property, plant and equipment 3,016 6,886 9,755
Business acquisition, net of cash acquired (Note 5) (500) (382,562) 0
Purchase of technology license 0 (10,000) 0
Proceeds from sale of investments in affiliated companies 0 0 1,723
Other (379) 1,447 139
Net cash flow used for investing activities (80,698) (487,265) (71,825)
FINANCING ACTIVITIES      
Net (decrease) increase in notes payable (833) 38,198 (15,992)
Net (decrease) increase in short-term revolving and other lines of credit (23,600) 27,200 0
Term debt borrowings 944,152 1,509,767 450,109
Term debt repayments (736,562) (1,324,426) (451,748)
Purchase of capital stock (121,408) (66,876) (57,909)
Sale of subsidary stock 26,665 0 0
Settlement of interest rate swap agreement (Note 7) 0 (22,406) 0
Dividend reinvestment and the effect of employee benefit and stock plans 17,356 24,635 18,328
Cash dividends paid to shareowners (51,011) (43,631) (39,801)
Other (2,612) (11,162) 988
Net cash flow provided by (used for) financing activities 52,147 131,299 (96,025)
Effect of exchange rate changes on cash and cash equivalents 5,251 (21,713) 23,489
CASH AND CASH EQUIVALENTS      
Net increase (decrease) in cash and cash equivalents 260,850 (88,099) 86,436
Cash and cash equivalents, beginning of period 116,466 204,565 118,129
Cash and cash equivalents, end of period $ 377,316 $ 116,466 $ 204,565