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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Dec. 31, 2016
Dec. 31, 2015
OPERATING ACTIVITIES:    
Net income (loss) $ (21,202) $ 46,736
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 27,963 8,119
Deferred income tax expense (benefit) (24,709) 1,743
Share-based compensation 4,173 6,398
Excess tax benefits on share-based compensation awards (705) (1,034)
Intangible assets impairment charges 88,084  
Loss on sale of assets 267 26
Loss (gain) on investment securities (1,697) 334
Amortization of debt discount and other debt issuance costs 10,509 2,662
Other noncash expenses 1,056  
Changes in assets and liabilities which provided (used) cash, net of acquisition:    
Accounts receivable, net (17,219) 5,306
Inventories (15,334) 5,996
Prepaid income taxes/Income taxes payable 1,827 (13,652)
Other assets (7,099) (2,459)
Rebates payable 14,891 5,184
Royalties payable (1,577) 2,684
Restructuring liability 1,217  
Settlement liability (3,000)  
Accounts payable 9,052 (4,937)
Accrued expenses 2,415 5,636
Accrued payroll and payroll-related expenses (1,662) (7,117)
Net cash provided by operating activities 67,250 61,625
INVESTING ACTIVITIES:    
Purchases of property, plant and equipment (21,324) (10,629)
Proceeds from sale of property, plant and equipment 33 10
Acquisition, net of cash acquired   (929,581)
Proceeds from sale of investment securities 31,019 21,374
Purchase of investment securities (27,098) (22,227)
Net cash used in investing activities (17,370) (941,053)
FINANCING ACTIVITIES:    
Proceeds from issuance of debt   910,610
Repayments of long-term debt (26,618) (22,817)
Purchase of noncontrolling interest (1,500)  
Proceeds from issuance of stock 1,785 2,689
Payment of debt issuance costs   (32,716)
Excess tax benefits on share-based compensation awards 705 1,034
Purchase of treasury stock (1,806) (908)
Net cash provided by (used in) financing activities (27,434) 857,892
Effect on cash and cash equivalents of changes in foreign exchange rates 38 26
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS 22,484 (21,510)
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD 224,769 200,340
CASH AND CASH EQUIVALENTS, END OF PERIOD 247,253 178,830
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:    
Interest paid (net of amounts capitalized) 34,986 5,569
Income taxes paid $ 13,553 $ 34,950