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Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Jun. 30, 2011
CASH FLOWS FROM OPERATING ACTIVITIES:      
Net income $ 15,056 $ 8,614 $ 16,401
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation 7,508 8,265 [1] 8,337 [1]
Gain on disposal of fixed assets (557)    
Writedown of current asset 600    
Amortization 1,259 1,894 1,935
Deferred income taxes 393 1,385 119
Equity-based compensation 3,784 3,853 4,097
Changes in operating assets and liabilities:      
Receivables (2,538) 1,410 (1,807)
Inventories 1,515 (2,710) (2,372)
Prepaid expenses and other assets 779 793 (1,542)
Accounts payable (1,285) (931) 264
Accrued expenses 880 (2,414) 679
Customer advance payments 296 1,086 (666)
Other liabilities (1,285) (413) (409)
Pension and postretirement benefit obligation (154) (223) (105)
Net cash provided by operating activities 26,251 20,609 24,931
CASH FLOWS FROM INVESTING ACTIVITIES:      
Capital expenditures (5,538) (7,810) (7,122)
Proceeds from sale of property, plant, and equipment 5,787    
Maturities of held to maturity and sale of available-for-sale securities 13,285 9,130 3,511
Purchases of held to maturity securities   (9,954) (3,478)
Net cash provided by (used in) investing activities 13,534 (8,634) (7,089)
CASH FLOWS FROM FINANCING ACTIVITIES:      
Proceeds from long-term debt obligation 8,000    
Payment on long-term debt obligation (8,000) (30,000) (10,000)
Stock options exercised 3,084 4,512 3,728
Excess tax benefit from exercise of stock options 459 494 164
Purchase of treasury stock (20,316) (24,651) (4,422)
Net cash used in financing activities (16,773) (49,645) (10,530)
Effect of exchange rates on cash 284 294 555
Net increase (decrease) in cash and cash equivalents 23,296 (37,376) 7,867
Cash and cash equivalents, beginning of year 21,012 58,388 50,521
Cash and cash equivalents, end of year $ 44,308 $ 21,012 $ 58,388
[1] Depreciation expense related to acquisition-specific property, plant, and equipment are included in the segment classification of the acquired business. An allocation for common equipment is performed on an annual basis.