XML 61 R8.htm IDEA: XBRL DOCUMENT v2.4.0.8
Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Jun. 30, 2012
Cash Flows from Operating Activities      
Net earnings $ 38,449 $ 51,931 $ 61,275
Adjustments to reconcile net earnings to net cash provided by operating activities:      
(Earnings) loss from discontinued operation, net of tax (133) 6,789 9,443
Depreciation 41,805 34,135 30,072
Amortization 11,293 6,657 4,451
Share-based compensation expense 12,347 11,959 11,584
Loss (gain) on foreign currency transactions 700 1,244 (1,514)
Gain on sale of equity investment     (1,021)
Earnings from equity investments (698) (1,048) (1,059)
Deferred income taxes (4,435) 1,962 577
Impairment on property, plant and equipment   900  
Excess tax benefits from share-based compensation expense (651) (635) (821)
Increase (decrease) in cash from changes in:      
Accounts receivable (28,486) 5,441 (9,538)
Inventories 12,794 1,969 (15,168)
Accounts payable 19,813 (9,376) 2,921
Income taxes payable (6,282) 4,351 2,824
Other operating net assets (2,251) (5,807) (3,448)
Continuing Operations 94,265 110,472 90,578
Discontinued Operation 1,197 (2,865) (2,509)
Net cash provided by operating activities 95,462 107,607 88,069
Cash Flows from Investing Activities      
Additions to property, plant & equipment (29,220) (25,205) (42,797)
Purchases of businesses, net of cash acquired (177,676) (126,193) (46,141)
Proceeds received from contractual settlement fromThailand flooding   4,797  
Proceeds received from sale of equity method investment   2,138 3,478
Other investing activities 79   615
Continuing Operations (206,817) (144,463) (84,845)
Discontinued Operation   (68) (43)
Net cash used in investing activities (206,817) (144,531) (84,888)
Cash Flows from Financing Activities      
Proceeds on long-term borrowings 183,000 113,000 7,000
Payments on long-term borrowings (55,000) (11,000) (14,295)
Purchases of treasury stock (19,973) (19,978) (4,988)
Proceeds from exercises of stock options 4,358 4,104 2,658
Payments on cash earnout arrangement (3,000)   (6,000)
Payment of redeemed noncontrolling interest (8,789)    
Other financing activities (1,514) (347) 821
Net cash provided by (used in) financing activities 99,082 85,779 (14,804)
Effect of exchange rate changes on cash and cash equivalents 1,500 1,634 (2,893)
Net (decrease) increase in cash and cash equivalents (10,773) 50,489 (14,516)
Cash and Cash Equivalents at Beginning of Period 185,433 134,944 149,460
Cash and Cash Equivalents at End of Period 174,660 185,433 134,944
Non cash transactions:      
Capital lease obligation incurred on facility lease 11,636    
Purchase of businesses - holdback amount recorded in other accrued liabilities 10,000    
Purchase of business utilizing earnout consideration recorded in other current liabilities   3,300  
Note receivable received from the sale of an equity investment     $ 2,022