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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
Sep. 30, 2017
Sep. 30, 2016
OPERATING ACTIVITIES:    
Net income (loss) $ 13,257 $ (29,388)
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:    
Depreciation and amortization 13,778 14,317
Deferred income tax expense (benefit) 4,161 (3,432)
Share-based compensation 2,189 2,456
Excess tax benefits on share-based compensation awards   (644)
Intangible asset impairment charge   65,084
Loss on sale of assets 234 2
(Gain) on investment securities (864) (808)
Amortization of debt discount and other debt issuance costs 5,017 5,288
Other noncash expenses   474
Changes in assets and liabilities which provided (used) cash:    
Accounts receivable, net (39,260) 15,241
Inventories (2,786) (12,847)
Prepaid income taxes 3,261 (22,252)
Other assets (6,262) (1,640)
Rebates payable 2,743 (1,791)
Royalties payable (535) (969)
Restructuring liability (933) 637
Accounts payable 2,009 9,267
Accrued expenses 543 (958)
Accrued payroll and payroll-related expenses 1,873 (1,625)
Net cash provided by (used in) operating activities (1,575) 36,412
INVESTING ACTIVITIES:    
Purchases of property, plant and equipment (12,053) (9,945)
Proceeds from sale of property, plant and equipment 15 33
Purchases of intangible assets (2,038)  
Proceeds from sale of investment securities 27,822 15,703
Purchase of investment securities (23,840) (12,182)
Net cash used in investing activities (10,094) (6,391)
FINANCING ACTIVITIES:    
Repayments of long-term debt (13,310) (13,308)
Proceeds from issuance of stock 314 1,355
Excess tax benefits on share-based compensation awards   644
Purchase of treasury stock (612) (1,798)
Net cash used in financing activities (13,608) (13,107)
Effect on cash and cash equivalents of changes in foreign exchange rates 1 (3)
NET (DECREASE) INCREASE IN CASH AND CASH EQUIVALENTS (25,276) 16,911
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD 117,737 224,769
CASH AND CASH EQUIVALENTS, END OF PERIOD 92,461 241,680
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:    
Interest paid (net of capitalized interest of $457 thousand and $751 thousand for the three months ended September 30, 2017 and 2016, respectively) 15,714 17,373
Income taxes paid, net 231 $ 12,802
Credits issued pursuant to a Settlement Agreement $ 2,500