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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
9 Months Ended
Mar. 31, 2017
Mar. 31, 2016
OPERATING ACTIVITIES:    
Net income (loss) $ (6,273) $ 41,266
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 41,556 20,075
Deferred income tax benefit (11,217) (123)
Share-based compensation 5,962 8,423
Excess tax benefits on share-based compensation awards (725) (1,565)
Intangible asset impairment charges 88,084  
Loss on sale of assets 296 92
Loss (gain) on investment securities (2,473) 209
Amortization of debt discount and other debt issuance costs 15,548 7,555
Settlement agreement provision 4,000 23,598
Other noncash expenses 1,889 111
Changes in assets and liabilities which provided (used) cash, net of acquisition:    
Accounts receivable, net (9,470) 50,903
Inventories (8,913) 13,280
Prepaid income taxes/Income taxes payable (9,891) (14,707)
Other current assets and other assets (6,480) (9,675)
Rebates payable 12,773 (376)
Royalties payable (1,196) 2,176
Restructuring liability 840 3,085
Settlement liability (3,000)  
Accrued interest payable   10,823
Accounts payable 11,567 (5,405)
Accrued expenses (1,785) (1,826)
Accrued payroll and payroll-related expenses (633) (24,720)
Net cash provided by operating activities 120,459 123,199
INVESTING ACTIVITIES:    
Purchases of property, plant and equipment (32,116) (16,647)
Proceeds from sale of property, plant and equipment 38 16
Acquisition, net of cash acquired   (929,581)
Proceeds from sale of investment securities 44,571 32,406
Purchase of investment securities (50,538) (32,107)
Net cash used in investing activities (38,045) (945,913)
FINANCING ACTIVITIES:    
Proceeds from issuance of debt   910,610
Repayments of short-term borrowings and long-term debt (139,927) (34,225)
Purchase of noncontrolling interest (1,500)  
Acquisition-related contingent consideration (35,000)  
Distributions to noncontrolling shareholders   (20)
Proceeds from issuance of stock 2,276 3,788
Payment of debt issuance costs   (32,716)
Excess tax benefits on share-based compensation awards 725 1,565
Purchase of treasury stock (1,840) (1,197)
Net cash provided by (used in) financing activities (175,266) 847,805
Effect on cash and cash equivalents of changes in foreign exchange rates 114 15
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS (92,738) 25,106
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD 224,769 200,340
CASH AND CASH EQUIVALENTS, END OF PERIOD 132,031 225,446
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:    
Interest paid (net of amounts capitalized) 51,422 20,357
Income taxes paid, net 19,116 35,128
Credits issued pursuant to Settlement Agreement $ 2,500  
Issuance of unsecured 12.0% Senior Notes to finance KUPI acquisition   200,000
Issuance of a warrant to finance KUPI acquisition   29,920
Acquisition-related contingent consideration   $ 35,000