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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
9 Months Ended
Mar. 31, 2019
Mar. 31, 2018
OPERATING ACTIVITIES:    
Net income (loss) $ (264,521) $ 40,049
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Depreciation and amortization 42,030 40,638
Deferred income tax expense (benefit) (80,478) 34,040
Share-based compensation 6,974 7,018
Asset impairment charges 369,499  
Loss on sale of assets 933 777
Loss on sale of intangible asset   15,514
Gain on investment securities   (3,201)
Loss on extinguishment of debt 413  
Amortization of debt discount and other debt issuance costs 13,440 17,294
Other noncash (income) expenses (510) 4
Changes in assets and liabilities which provided (used) cash:    
Accounts receivable, net 97,673 (34,701)
Inventories 1,766 (10,686)
Prepaid income taxes/Income taxes payable 15,868 (77)
Other assets 636 (7,972)
Accounts payable (24,965) 5,781
Accrued expenses 1,127 (6,667)
Accrued payroll and payroll-related expenses 11,337 4,485
Rebates payable (7,527) (3,326)
Royalties payable 4,468 6,525
Restructuring liability (6,436) (2,103)
Net cash provided by operating activities 181,727 103,392
INVESTING ACTIVITIES:    
Purchases of property, plant and equipment (18,501) (41,147)
Proceeds from sale of property, plant and equipment 14,171 35
Proceeds from sale of outstanding loan to Variable Interest Entity ("VIE") 5,600  
Advance to VIE   (9,955)
Purchase of intangible asset (2,000) (7,038)
Proceeds from sale of investment securities   83,833
Purchase of investment securities   (62,630)
Net cash used in investing activities (730) (36,902)
FINANCING ACTIVITIES:    
Repayments of long-term debt (73,488) (68,994)
Proceeds from issuance of stock 801 3,579
Payment of debt issuance costs (1,102)  
Purchase of treasury stock (531) (4,568)
Net cash used in financing activities (74,320) (69,983)
Effect on cash and cash equivalents of changes in foreign exchange rates (56) (228)
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS 106,621 (3,721)
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD 98,586 117,737
CASH AND CASH EQUIVALENTS, END OF PERIOD 205,207 114,016
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:    
Interest paid (net of capitalized interest of $0 and $1.6 million for the nine months ended March 31, 2019 and 2018, respectively) 50,725 46,740
Income taxes paid (refunded) $ (6,410) (6,760)
Credits issued pursuant to a Settlement Agreement   $ 17,000