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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Cash Flows From Operating Activities:    
Net income (loss) $ (5,049) $ 5,386
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Depreciation 3,562 3,592
Amortization 2,439 653
Loss (gain) on sales of assets 4 (6)
Restructuring and asset impairment charges 853 830
Deferred income tax and other deferred charges 961 (1,006)
Stock-based compensation 1,122 949
Change in earn-out liability 4,610 0
Other, net (669) (138)
Change in operating assets and liabilities:    
Receivables 4,834 17,397
Inventories (4,943) 7,712
Prepaid expenses and other current assets (1,764) 2,479
Accounts payable 7,804 (3,612)
Customer deposits 2,731 2,075
Accrued expenses (4,590) (9,352)
Net cash provided by operating activities 11,905 26,959
Cash Flows From Investing Activities:    
Capital expenditures (2,734) (2,823)
Proceeds from sales of assets 122 7
Purchases of capitalized software (1,101) (1,161)
Purchases of available-for-sale securities 0 (10,000)
Maturities of available-for-sale securities 0 1,750
Other, net 121 (21)
Net cash used for investing activities (3,592) (12,248)
Cash Flows From Financing Activities:    
Proceeds from revolving credit facility 10,000 0
Payments on revolving credit facility (10,000) 0
Repayments of long-term debt (30) (27)
Dividends paid to shareholders (3,308) (3,315)
Repurchases of Common Stock (1,531) 0
Repurchase of employee shares for tax withholding (216) (236)
Net cash used for financing activities (5,085) (3,578)
Net Increase in Cash, Cash Equivalents, and Restricted Cash [1] 3,228 11,133
Cash, Cash Equivalents, Restricted Cash and Restricted Cash at Beginning of Period [1] 25,727 92,444
Cash, Cash Equivalents, Restricted Cash and Restricted Cash at End of Period [1] 28,955 103,577
Cash paid during the period for:    
Income taxes 98 1,864
Interest expense $ 220 $ 27
[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 and cash held in escrow for repayment of the Payment Protection Program loan that Poppin, Inc. obtained prior to its acquisition.