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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOW (UNAUDITED) - USD ($)
$ in Thousands
6 Months Ended
Dec. 31, 2021
Dec. 31, 2020
OPERATING ACTIVITIES    
Net income (loss) $ 70,477 $ (610)
Adjustments to reconcile to cash from operations:    
Depreciation 58,229 55,483
Amortization 6,517 6,681
Stock-based compensation expense 13,374 12,797
Restructuring (benefits) charges and asset impairment charges (Note 6) (3,246) 1,602
Deferred income taxes 108 (455)
Gain on divestiture (Note 3) (1,001) 0
Other 22 4,549
Changes in certain assets and liabilities:    
Accounts receivable 23,017 (22,538)
Inventories (67,031) 46,711
Accounts payable and accrued liabilities (36,616) (9,631)
Accrued income taxes 8,562 (24,463)
Accrued pension and postretirement benefits (12,884) (13,435)
Other (1,724) 10,661
Net cash flow provided by operating activities 57,804 67,352
INVESTING ACTIVITIES    
Purchases of property, plant and equipment (37,736) (68,616)
Disposals of property, plant and equipment 598 904
Proceeds from divestiture (Note 3) 1,001 0
Other 63 93
Net cash flow used for investing activities (36,074) (67,619)
FINANCING ACTIVITIES    
Net increase (decrease) in notes payable (5,129) 2,738
Net increase (decrease) revolving and other lines of credit 9,000 (475,500)
Purchase of capital stock (35,508) (100)
The effect of employee benefit and stock plans and dividend reinvestment (6,774) (2,531)
Cash dividends paid to Shareholders (33,460) (33,310)
Other (678) (3,334)
Net cash flow used for financing activities (72,549) (512,037)
Effect of exchange rate changes on cash and cash equivalents (1,429) 8,808
CASH AND CASH EQUIVALENTS    
Net decrease in cash and cash equivalents (52,248) (503,496)
Cash and cash equivalents, beginning of period 154,047 606,684
Cash and cash equivalents, end of period $ 101,799 $ 103,188