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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Dec. 31, 2018
Dec. 31, 2017
OPERATING ACTIVITIES:    
Net income (loss) $ (275,166) $ 27,279
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Depreciation and amortization 28,622 27,354
Deferred income tax expense (benefit) (77,950) 22,169
Share-based compensation 4,985 4,752
Asset impairment charges 369,499  
Loss on sale of assets 644 233
Loss (gain) on investment securities   (2,834)
Amortization of debt discount and other debt issuance costs 8,934 9,987
Other noncash (income) expenses (510) 87
Changes in assets and liabilities which provided (used) cash:    
Accounts receivable, net (25,887) (52,662)
Inventories 2,156 (12,987)
Prepaid income taxes/Income taxes payable 17,516 15,040
Other assets (678) (8,160)
Accounts payable 3,701 28,913
Accrued expenses (4) 231
Accrued payroll and payroll-related expenses 8,501 11,203
Deferred revenue 23,998  
Rebates payable (5,016) 3,786
Royalties payable 3,660 2,564
Restructuring liability (1,013) (850)
Settlement liability 8,000  
Net cash provided by operating activities 93,992 76,105
INVESTING ACTIVITIES:    
Purchases of property, plant and equipment (12,030) (26,402)
Proceeds from sale of property, plant and equipment 14,091 17
Proceeds from sale of outstanding loan to Variable Interest Entity ("VIE") 5,600  
Purchase of intangible asset (2,000) (2,038)
Proceeds from sale of investment securities   44,924
Purchase of investment securities   (42,841)
Net cash provided by (used in) investing activities 5,661 (26,340)
FINANCING ACTIVITIES:    
Repayments of long-term debt (33,422) (27,283)
Proceeds from issuance of stock 521 806
Payment of debt issuance costs (1,102)  
Purchase of treasury stock (475) (1,038)
Net cash used in financing activities (34,478) (27,515)
Effect on cash and cash equivalents of changes in foreign exchange rates 13 (125)
NET INCREASE IN CASH AND CASH EQUIVALENTS 65,188 22,125
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD 98,586 117,737
CASH AND CASH EQUIVALENTS, END OF PERIOD 163,774 139,862
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:    
Interest paid (net of capitalized interest of $0 and $974 thousand for the six months ended December 31, 2018 and 2017, respectively) 34,190 31,250
Income taxes paid (refunded) $ (11,993) (7,567)
Credits issued pursuant to a Settlement Agreement   $ 5,000