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Condensed Consolidated Statements of Cash Flows (unaudited) (USD $)
In Thousands, unless otherwise specified
9 Months Ended
Mar. 31, 2013
Mar. 31, 2012
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income $ 11,700 $ 5,701
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation 5,775 6,212
Gain on disposal of fixed assets (557)  
Amortization 973 1,437
Deferred income taxes 1,009 339
Equity-based compensation 2,975 2,869
Changes in operating assets and liabilities:    
Receivables (1,183) 2,071
Inventories (1,228) (4,400)
Prepaid expenses and other assets (1,480) (360)
Accounts payable (1,804) (3,159)
Accrued expenses 1,059 (2,326)
Customer advance payments 86 1,123
Other liabilities (1,587) 731
Pension and postretirement benefit obligation (376) (52)
Net cash provided by operating activities 15,362 10,186
CASH FLOWS FROM INVESTING ACTIVITIES:    
Capital expenditures (4,075) (5,730)
Proceeds from sale of property, plant, and equipment 5,787  
Maturities of held to maturity securities 11,679 6,791
Purchases of held to maturity securities   (7,295)
Net cash provided by (used in) investing activities 13,391 (6,234)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from long-term debt obligation 8,000  
Payment on long-term debt obligation (8,000) (30,000)
Stock options exercised 1,718 4,261
Excess tax benefit 546 685
Purchase of treasury stock (20,316) (7,673)
Net cash used in financing activities (18,052) (32,727)
Effect of exchange rates on cash 87 286
Net increase (decrease) in cash and cash equivalents 10,788 (28,489)
Cash and cash equivalents, beginning of period 21,012 58,388
Cash and cash equivalents, end of period 31,800 29,899
Cash paid during the period for:    
Interest 90 219
Income tax payments, net $ 1,491 $ 1,490