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Condensed Consolidated Statements of Cash Flows (Unaudited) (USD $)
In Thousands, unless otherwise specified
6 Months Ended
Dec. 31, 2011
Dec. 31, 2010
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income $ 3,703 $ 8,760
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation 4,166 4,193
Amortization 972 972
Deferred income taxes 511 (34)
Equity-based compensation 1,946 2,164
Changes in operating assets and liabilities:    
Receivables 3,444 2,408
Inventories (3,258) (3,836)
Prepaid expenses and other assets (961) (3,163)
Accounts payable (510) (2,019)
Accrued expenses (3,288) (724)
Customer advance payments 315 (620)
Other liabilities 771 405
Pension and postretirement benefit obligation 41 243
Net cash provided by operating activities 7,852 8,749
CASH FLOWS FROM INVESTING ACTIVITIES:    
Capital expenditures (4,371) (3,713)
Maturities of held to maturity securities and sale of available-for-sale security 3,269 3,011
Purchases of held to maturity securities (3,172) (1,057)
Net cash used in investing activities (4,274) (1,759)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Payment on long-term debt obligation (30,000) (10,000)
Stock options exercised 4,229 2,895
Excess tax benefit 684 179
Purchase of treasury stock (6,573) (885)
Net cash used in financing activities (31,660) (7,811)
Effect of exchange rates on cash 207 331
Net decrease in cash and cash equivalents (27,875) (490)
Cash and cash equivalents, beginning of period 58,388 50,521
Cash and cash equivalents, end of period 30,513 50,031
Supplemental disclosures of cash flow information:    
Interest 214 261
Income tax payments, net $ 1,476 $ 5,280