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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOW (UNAUDITED) - USD ($)
$ in Thousands
9 Months Ended
Mar. 31, 2020
Mar. 31, 2019
OPERATING ACTIVITIES    
Net income $ 3,422 $ 184,798
Adjustments for non-cash items:    
Depreciation 79,078 72,087
Amortization 10,413 10,780
Stock-based compensation expense 14,289 18,844
Restructuring and asset impairment charges (Notes 7 and 18)) 33,792 1,905
Deferred income tax provision (benefit) (23,597) 2,409
Loss on divestiture (Note 4) 6,517 0
Other 2,748 2,567
Changes in certain assets and liabilities:    
Accounts receivable 60,616 (7,595)
Inventories 29,947 (71,814)
Accounts payable and accrued liabilities (34,351) (57,165)
Accrued income taxes (21,957) 5,936
Accrued pension and postretirement benefits (18,163) (13,862)
Other 3,305 8,575
Net cash flow provided by operating activities 146,059 157,465
INVESTING ACTIVITIES    
Purchases of property, plant and equipment (206,061) (145,942)
Disposals of property, plant and equipment 2,780 3,575
Proceeds from divestiture (Note 4) 23,950 0
Other (869) (371)
Net cash flow used for investing activities (180,200) (142,738)
FINANCING ACTIVITIES    
Net decrease in notes payable (175) (871)
Net increase (decrease) in short-term revolving and other lines of credit 4,500 (174)
Term debt repayments 0 (400,000)
Purchase of capital stock (158) (161)
The effect of employee benefit and stock plans and dividend reinvestment 5,747 5,249
Cash dividends paid to Shareholders (49,725) (49,268)
Other (2,698) (687)
Net cash flow used for financing activities (54,003) (456,410)
Effect of exchange rate changes on cash and cash equivalents (8,641) (1,873)
CASH AND CASH EQUIVALENTS    
Net decrease in cash and cash equivalents (96,785) (443,556)
Cash and cash equivalents, beginning of period 182,015 556,153
Cash and cash equivalents, end of period $ 85,230 $ 112,597