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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOW (UNAUDITED)
$ in Thousands
6 Months Ended
Dec. 31, 2024
USD ($)
Dec. 31, 2023
USD ($)
Jun. 30, 2023
USD ($)
OPERATING ACTIVITIES      
Net income $ 42,503 $ 54,697  
Adjustments to reconcile to cash from operations:      
Depreciation 62,130 60,500  
Amortization 5,438 5,788  
Stock-based compensation expense 13,375 14,652  
Restructuring and other charges, net (Note 6) 1,946 4,119  
Insurance Recoveries (7,500) 0  
Other Noncash Income (Expense) 2,666 11,279  
Deferred income taxes (1,903) (7,726)  
Changes in certain assets and liabilities:      
Accounts receivable 43,167 20,447  
Inventories (30,695) (9,471)  
Accounts payable and accrued liabilities (27,214) (36,220)  
Accrued income taxes 606 (17,259)  
Accrued pension and postretirement benefits (2,445) (5,497)  
Other (1,174) (7,001)  
Net cash flow provided by (used in) operating activities 100,900 88,308  
INVESTING ACTIVITIES      
Purchases of property, plant and equipment (43,967) (57,487)  
Disposals of property, plant and equipment 405 5,208  
Payments to Acquire Businesses, Net of Cash Acquired 0 4,010  
Proceeds from Insurance Settlement, Investing Activities 7,193 0  
Other (222) (117)  
Net cash flow used in investing activities (36,591) (56,406)  
FINANCING ACTIVITIES      
Net increase in notes payable 0 2,112  
Net increase in revolving and other lines of credit 0 20,500  
Purchase of capital stock (30,062) (28,754)  
The effect of employee benefit and stock plans and dividend reinvestment (6,240) (7,864)  
Cash dividends paid to Shareholders (31,148) (31,844)  
Other (599) (658)  
Net cash flow (used in) provided by financing activities (68,049) (46,508)  
Effect of exchange rate changes on cash and cash equivalents (3,080) (680)  
Net decrease in cash and cash equivalents (6,820) (15,286)  
Cash and cash equivalents, end of period $ 121,151 $ 90,735 $ 106,021