XML 19 R7.htm IDEA: XBRL DOCUMENT v3.25.1
Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Cash flows from operating activities:    
Net income $ 57,702 $ 9,787
Adjustments to reconcile net income to net cash provided by operating activities:    
Stock-based compensation 2,459 4,047
Provision for expected losses 1,285 3,423
Depreciation and amortization 13,778 9,113
Non-cash lease expense 1,205 1,070
Deferred income taxes (42,098) 134
Other non-cash items 42 712
Changes in operating assets and liabilities:    
Accounts receivable 9,509 (16,471)
Finance receivables 3,584 3,038
Inventory (5,425) (5,584)
Prepaid expenses and other assets (4,386) (3,762)
Accounts payable and accrued expenses (25,999) 8,455
Operating lease liabilities (1,032) (655)
Deferred revenue 290 174
Net cash provided by operating activities 10,914 13,481
Cash flows from investing activities:    
Capital expenditures (11,917) (9,175)
Acquisition of businesses, net of cash acquired (11,132) (4,750)
Net cash used in investing activities (23,049) (13,925)
Cash flows from financing activities:    
Proceeds from long-term debt, net of issuance costs 38,995 0
Payments on long-term debt (38,125) (389)
Deferred consideration on the acquisition of a business (673) 0
Other financing activities (614) 96
Net cash used in financing activities (417) (293)
Effect of currency exchange rate changes on cash and cash equivalents (31) 7
Net decrease in cash and cash equivalents (12,583) (730)
Cash and cash equivalents at beginning of year 58,920 50,927
Cash and cash equivalents at end of period 46,337 50,197
Supplemental disclosures of cash flow information:    
Interest paid in cash 1,944 2,628
Income taxes paid in cash $ 779 $ 142