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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2021
CASH FLOWS FROM OPERATING ACTIVITIES      
Net (loss) income $ (116,537) $ 77,873 $ 77,364
Net income from discontinued operations, net of tax 0 0 11,255
Net (loss) income from continuing operations (116,537) 77,873 66,109
Adjustments to reconcile net (loss) income to net cash provided by operating activities:      
Depreciation and amortization 50,777 46,849 49,569
Deferred income taxes (25,953) 9,020 9,884
Equity in net loss of equity-method investees 1,134 2,902 1,591
Stock-based compensation, net 14,423 15,611 15,659
Intangibles and long-lived asset impairment 175,501 1,903 57,920
Gain on sale of assets (3,529) (8,588) (4,900)
Gain on sale of businesses 0 0 (2,680)
Other non-cash items, net (1,271) (1,608) 429
Increase (decrease) in cash attributable to changes in operating assets and liabilities:      
Accounts receivable 13,067 (5,347) (2,890)
Inventories 189 (25,272) (38,522)
Other current assets (2,831) (10,459) 55,172
Other assets and liabilities 2,546 (2,704) (220)
Accounts payable and accrued expenses (40,697) (19,939) (10,362)
Net cash provided by operating activities 66,819 80,241 196,759
CASH FLOWS FROM INVESTING ACTIVITIES      
Purchases of property, plant and equipment (27,879) (39,965) (71,553)
Acquisitions of businesses, net of cash acquired 0 (259,985) 0
Investments and joint ventures, net 433 (694) (813)
Proceeds from sale of assets 7,806 12,335 10,395
Proceeds from sale of businesses, net and other 0 0 59,607
Net cash used in investing activities (19,640) (288,309) (2,364)
CASH FLOWS FROM FINANCING ACTIVITIES      
Borrowings under bank revolving credit facility 328,000 759,000 241,000
Repayments under bank revolving credit facility (380,000) (396,000) (291,000)
Borrowings under term loan 0 300,000 0
Repayments under term loan (7,500) (3,750) 0
Payments of other debt, net (2,145) (3,320) (2,094)
Share repurchases 0 (410,480) (106,067)
Employee shares withheld for taxes (1,415) (32,663) (4,282)
Net cash (used in) provided by financing activities (63,060) 212,787 (162,443)
Effect of exchange rate changes on cash 3,733 (15,078) 6,148
Net (decrease) increase in cash and cash equivalents (12,148) (10,359) 38,100
Cash and cash equivalents at beginning of year 65,512 75,871 37,771
Cash and cash equivalents at end of year $ 53,364 $ 65,512 $ 75,871