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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2018
OPERATING ACTIVITIES:      
Net income (loss) $ (33,366) $ (272,107) $ 28,690
Adjustments to reconcile net income (loss) to net cash provided by operating activities:      
Depreciation and amortization 56,309 55,594 55,115
Deferred income tax expense (benefit) (8,585) (87,242) 30,690
Share-based compensation 10,216 9,027 9,896
Asset impairment charges 34,448 375,381 24,960
Loss (gain) on sale/disposal of assets (159) 1,559 848
Gain on investment securities     (3,313)
Loss on extinguishment of debt 2,145 448  
Loss on sale of intangible asset     15,514
Amortization of debt discount and other debt issuance costs 14,336 17,641 21,866
Other noncash (income) expenses 1,969 2,579 5
Changes in assets and liabilities which provided (used) cash:      
Accounts receivable, net 39,064 84,949 (48,585)
Inventories 1,104 (2,336) (19,031)
Prepaid income taxes/income taxes payable (14,465) 18,319 2,174
Other assets 4,095 2,643 (2,287)
Rebates payable (8,000) (3,225) 4,807
Royalties payable 4,648 10,260 2,940
Restructuring liability (2,288) (4,391) 1,275
Operating lease liability (1,464)    
Accounts payable 19,042 (43,274) (4,953)
Accrued expenses 2,213 (1,620) (5,074)
Accrued payroll and payroll-related expenses (3,620) 12,105 2,986
Other liabilities (1,628)    
Net cash provided by operating activities 116,014 176,310 118,523
INVESTING ACTIVITIES:      
Purchases of property, plant and equipment (18,330) (24,340) (52,316)
Proceeds from sale of property, plant and equipment 7,380 14,450 28
Proceeds from sale of outstanding loan to Variable Interest Entity ("VIE")   5,600  
Advance to VIE 250   10,254
Purchases of intangible assets (28,800) (3,000) (19,038)
Proceeds from sale of investment securities     94,047
Purchase of investment securities     (63,643)
Net cash used in investing activities (40,000) (7,290) (51,176)
FINANCING ACTIVITIES:      
Proceeds from issuance of long-term debt 86,250    
Purchase of capped call (7,072)    
Repayments of short-term borrowings and long-term debt (146,700) (126,743) (85,705)
Proceeds from issuance of stock 998 1,180 4,142
Payment of debt issuance costs (3,489) (1,102)  
Purchase of treasury stock (1,909) (592) (4,642)
Net cash used in financing activities (71,922) (127,257) (86,205)
Effect on cash and cash equivalents of changes in foreign exchange rates (12) (100) (293)
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS 4,080 41,663 (19,151)
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD 140,249 98,586 117,737
CASH AND CASH EQUIVALENTS, END OF PERIOD 144,329 140,249 98,586
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:      
Interest paid (net of amounts capitalized of $0, $0 and $1.6 million for the years ended June 30, 2020, 2019 and 2018, respectively) 51,928 66,750 63,563
Income taxes paid (refunded) 7,787 (4,641) (6,559)
Accrued purchases of property, plant and equipment $ 2,295 765 3,572
Credits issued pursuant to a Settlement Agreement     $ 17,000
Andor Pharmaceuticals, LLC ("Andor") License Agreement acquisition   $ 16,000