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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Cash Flows from Operating Activities    
Net Income $ 24,977 $ 25,762
Non-cash items included in net income    
Depreciation and amortization 9,999 9,664
Deferred income taxes (1,608) (418)
Deferred compensation plan 1,875 2,017
Stock compensation expense 3,814 3,698
ESPP discount 194 142
Issuance of common shares as compensation 450 368
Loss on disposition of fixed assets 306 59
Allowance for credit losses 57 (19)
Inventory obsolescence reserve (1,259) 2,496
Changes in certain assets and liabilities:    
Accounts receivable 10,384 88
Inventories 6,310 8,207
Refundable income taxes (77) (2,079)
Accounts payable (4,117) (5,577)
Accrued expenses and other (7,913) 5,180
Net cash flows provided by operating activities 43,392 49,588
Cash Flows from Investing Activities    
Acquisition of EMI (49,900) 0
Purchases of property, plant, and equipment (5,388) (3,208)
Proceeds from the sale of fixed assets 35 5
Net cash flows (used in) investing activities (55,253) (3,203)
Cash Flows from Financing Activities    
Payments on long-term debt (139,884) (198,306)
Borrowings on long-term debt 158,912 153,910
Cash dividends paid (5,737) (5,438)
Shares withheld on employees' taxes (447) (896)
Payments on financing lease obligations (324) (281)
Proceeds from stock option exercises 1,788 3,862
Net cash flows (used in) provided by financing activities 14,308 (47,149)
Change related to Foreign Currency (165) 130
(Decrease) increase in cash and cash equivalents 2,282 (634)
Cash and cash equivalents at beginning of period 1,828 2,462
Cash and cash equivalents at end of period $ 4,110 $ 1,828