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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Cash Flows From Operating Activities:    
Net income $ 5,386 $ 11,384
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation 3,592 3,610
Amortization 653 521
(Gain) loss on sales of assets (6) 41
Restructuring and asset impairment charges 830 2,675
Deferred income tax and other deferred charges (1,006) (639)
Stock-based compensation 949 1,661
Other, net (138) 2,295
Change in operating assets and liabilities:    
Receivables 17,397 2,521
Inventories 7,712 (458)
Prepaid expenses and other current assets 2,479 1,712
Accounts payable (3,612) (192)
Customer deposits 2,075 (631)
Accrued expenses (9,352) (13,444)
Net cash provided by operating activities 26,959 11,056
Cash Flows From Investing Activities:    
Capital expenditures (2,823) (6,873)
Proceeds from sales of assets 7 101
Purchases of capitalized software (1,161) (481)
Purchases of available-for-sale securities (10,000) (5,971)
Maturities of available-for-sale securities 1,750 12,667
Other, net (21) 47
Net cash used for investing activities (12,248) (510)
Cash Flows From Financing Activities:    
Change in long-term debt (27) (25)
Dividends paid to shareholders (3,315) (2,939)
Repurchase of employee shares for tax withholding (236) (842)
Net cash used for financing activities (3,578) (3,806)
Net Increase in Cash, Cash Equivalents, and Restricted Cash (1) [1] 11,133 6,740
Cash, Cash Equivalents, and Restricted Cash at Beginning of Period (1) [1] 92,444 73,837
Cash, Cash Equivalents, and Restricted Cash at End of Period (1) [1] 103,577 80,577
Cash paid during the period for:    
Income taxes 1,864 34
Interest expense $ 27 $ 15
[1] The following table reconciles cash and cash equivalents in the balance sheets to cash, cash equivalents, and restricted cash per the statements of cash flows. The restricted cash included in other assets on the balance sheet represents amounts pledged as collateral for a long-term financing arrangement as contractually required by a lender. The restriction will lapse when the related long-term debt is paid off. Restricted cash also included customer deposits held due to a foreign entity being classified as a restricted entity by a government agency subsequent to our receipt of the deposit.