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CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
$ in Thousands
9 Months Ended
Mar. 31, 2023
Mar. 31, 2022
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income (loss) $ (97,838) $ 74,831
Adjustments to reconcile net (loss) income to net cash provided by operating activities:    
Depreciation and amortization 37,909 34,396
Deferred income taxes (44,809) 7,374
Equity in net loss of equity-method investees 1,226 1,374
Stock-based compensation, net 10,657 12,289
Intangibles and long-lived asset impairment 156,923 303
Gain on sale of assets (3,529) (8,869)
Other non-cash items, net (1,526) (2,155)
(Decrease) increase in cash attributable to changes in operating assets and liabilities:    
Accounts receivable (7,926) 14,150
Inventories (8,534) (4,371)
Other current assets 455 (10,996)
Other assets and liabilities 3,496 (2,705)
Accounts payable and accrued expenses (20,195) (16,435)
Net cash provided by operating activities 26,309 99,186
CASH FLOWS FROM INVESTING ACTIVITIES    
Purchases of property, plant and equipment (21,434) (33,939)
Acquisitions of businesses, net of cash acquired 0 (260,474)
Investments and joint ventures, net 433  
Investments and joint ventures, net   (614)
Proceeds from sale of assets 7,758 10,756
Net cash used in investing activities (13,243) (284,271)
CASH FLOWS FROM FINANCING ACTIVITIES    
Borrowings under bank revolving credit facility 275,000 678,000
Repayments under bank revolving credit facility (301,000) (370,000)
Borrowings under term loan 0 300,000
Repayments under term loan (5,625) (1,875)
Payments of other debt, net (2,116) (3,232)
Share repurchases 0 (397,405)
Employee shares withheld for taxes (1,051) (32,630)
Net cash (used in) provided by financing activities (34,792) 172,858
Effect of exchange rate changes on cash (104) (5,836)
Net decrease in cash and cash equivalents (21,830) (18,063)
Cash and cash equivalents at beginning of period 65,512 75,871
Cash and cash equivalents at end of period $ 43,682 $ 57,808