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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Jun. 30, 2016
OPERATING ACTIVITIES:      
Net income (loss) $ 28,690 $ (547) $ 44,857
Adjustments to reconcile net income (loss) to net cash provided by operating activities:      
Depreciation and amortization 55,115 55,340 33,433
Deferred income tax expense (benefit) 30,690 (305) (19,497)
Share-based compensation 9,896 7,719 11,562
Excess tax benefits on share-based compensation awards     (1,507)
Asset impairment charges 24,960 88,084 8,000
Loss on sale/disposal of assets 848 290 92
Loss (gain) on investment securities (3,313) (2,914) 11
Loss on extinguishment of debt     3,009
Loss on sale of intangible asset 15,514    
Amortization of debt discount and other debt issuance costs 21,866 20,577 12,484
Other noncash expenses 5 1,889 523
Changes in assets and liabilities which provided (used) cash: net of acquisitions:      
Accounts receivable, net (48,585) 1,701 15,149
Inventories (19,031) (7,700) 15,296
Prepaid income taxes/Income taxes payable 2,174 (17,748) 1,717
Other assets (2,287) 1,916 7,719
Rebates payable 4,807 14,369 4,525
Royalties payable 2,940 (2,112) 1,524
Restructuring liability 1,275 1,301 4,130
Settlement liability   1,000 18,598
Accounts payable (4,953) 5,000 (3,723)
Accrued expenses (5,074) 3,252 (1,760)
Accrued payroll and payroll-related expenses 2,986 (5,739) (20,865)
Net cash provided by operating activities 118,523 165,373 135,277
INVESTING ACTIVITIES:      
Purchases of property, plant and equipment (52,316) (48,694) (24,267)
Proceeds from sale of property, plant and equipment 28 112 16
Advance to variable interest entity (10,254)    
Purchases of intangible assets (19,038)    
Acquisitions, net of cash acquired     (934,178)
Proceeds from sale of investment securities 94,047 67,828 39,895
Purchase of investment securities (63,643) (77,911) (40,533)
Net cash used in investing activities (51,176) (58,665) (959,067)
FINANCING ACTIVITIES:      
Proceeds from issuance of debt     1,048,610
Short-term borrowings under revolving credit facility     125,000
Repayments of short-term borrowings and long-term debt (85,705) (178,233) (295,033)
Purchase of noncontrolling interest   (1,500)  
Acquisition-related contingent consideration   (35,000)  
Proceeds from issuance of stock 4,142 2,818 4,134
Payment of debt issuance costs     (34,710)
Excess tax benefits on share-based compensation awards     1,507
Purchase of treasury stock (4,642) (1,898) (1,269)
Distributions to noncontrolling shareholders     (20)
Net cash provided by (used in) financing activities (86,205) (213,813) 848,219
Effect on cash and cash equivalents of changes in foreign exchange rates (293) 73  
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS (19,151) (107,032) 24,429
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD 117,737 224,769 200,340
CASH AND CASH EQUIVALENTS, END OF PERIOD 98,586 117,737 224,769
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:      
Interest paid (net of amounts capitalized of $1.6 million, $1.3 million and $0 for the years ended June 30, 2018, 2017 and 2016, respectively) 63,563 67,115 52,916
Income taxes paid (refunded) (6,559) 19,150 35,141
Credits issued pursuant to Settlement Agreement $ 17,000 $ 5,000  
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