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CONSOLIDATED STATEMENTS OF CASH FLOW - USD ($)
$ in Thousands
12 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2022
OPERATING ACTIVITIES      
Net income $ 113,641 $ 123,366 $ 150,201
Adjustments to reconcile to cash from operations:      
Depreciation 123,130 121,401 118,690
Amortization 11,557 12,624 12,988
Stock-based compensation expense 24,340 24,657 20,985
Restructuring and other charges, net (Note 16) 12,152 4,106 (753)
Deferred Income Tax Expense (Benefit) (8,017) (9,219) 11,292
Gain on divestiture (Note 4) 0 0 (1,001)
Changes in certain assets and liabilities:      
Accounts receivable (2,624) (11,543) (14,432)
Inventories 36,835 17,582 (127,409)
Accounts payable and accrued liabilities (6,086) (32,514) 31,997
Accrued income taxes (16,219) 852 10,238
Accrued pension and postretirement benefits (9,481) (10,103) (24,216)
Other (3,525) 9,657 (4,893)
Net cash flow provided by operating activities (277,108) (257,945) 181,444
INVESTING ACTIVITIES      
Payments to Acquire Productive Assets 107,561 94,385 96,924
Disposals of property, plant and equipment 5,425 5,029 924
Proceeds from divestiture (Note 4) 0 0 1,001
Payments to Acquire Businesses, Net of Cash Acquired (4,010) 0 0
Other (3,280) 126 60
Net cash flow used for investing activities (109,426) (89,230) (94,939)
FINANCING ACTIVITIES      
Net (decrease) increase in notes payable 714 (1,270) (6,067)
Net (decrease) increase in revolving and other lines of credit 0 (19,000) 19,000
Purchase of capital stock (65,574) (49,290) (85,542)
The effect of employee benefit and stock plans and dividend reinvestment (9,982) (6,042) (6,909)
Cash dividends paid to Shareholders (63,431) (64,524) (66,565)
Other (3,474) (2,982) (4,652)
Net cash flow used for financing activities (141,747) (143,108) (150,735)
Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash, and Restricted Cash Equivalents, Continuing Operations (3,985) (5,172) (4,231)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect 21,950 20,435 (68,461)
CASH AND CASH EQUIVALENTS      
Cash and cash equivalents, beginning of year 106,021 85,586 154,047
Cash and cash equivalents, end of year   106,021 85,586
Cash and cash equivalents 127,971 106,021 85,586
Other Noncash Income (Expense) $ 1,405 $ 7,079 $ (2,243)