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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2022
CASH FLOWS FROM OPERATING ACTIVITIES      
Net (loss) income $ (75,042) $ (116,537) $ 77,873
Adjustments to reconcile net (loss) income to net cash provided by operating activities:      
Depreciation and amortization 44,665 50,777 46,849
Deferred income taxes (23,361) (25,953) 9,020
Equity in net loss of equity-method investees 2,581 1,134 2,902
Stock-based compensation, net 12,704 14,423 15,611
Intangibles and long-lived asset impairment 76,143 175,501 1,903
Loss (gain) on sale of assets 3,634 (3,529) (8,588)
Other non-cash items, net 1,104 (1,271) (1,608)
(Decrease) increase in cash attributable to changes in operating assets and liabilities:      
Accounts receivable (18,963) 13,067 (5,347)
Inventories 31,471 189 (25,272)
Other current assets 14,106 (2,831) (10,459)
Other assets and liabilities (3,292) 2,546 (2,704)
Accounts payable and accrued expenses 50,605 (40,697) (19,939)
Net cash provided by operating activities 116,355 66,819 80,241
CASH FLOWS FROM INVESTING ACTIVITIES      
Purchases of property, plant and equipment (33,461) (27,879) (39,965)
Acquisitions of businesses, net of cash acquired 0 0 (259,985)
Investments and joint ventures, net 0 433 (694)
Proceeds from sale of assets 9,539 7,806 12,335
Net cash used in investing activities (23,922) (19,640) (288,309)
CASH FLOWS FROM FINANCING ACTIVITIES      
Borrowings under bank revolving credit facility 186,000 328,000 759,000
Repayments under bank revolving credit facility (252,000) (380,000) (396,000)
Borrowings under term loan 0 0 300,000
Repayments under term loan (18,200) (7,500) (3,750)
Payments of other debt, net (3,896) (2,145) (3,320)
Share repurchases 0 0 (410,480)
Employee shares withheld for taxes (1,633) (1,415) (32,663)
Net cash (used in) provided by financing activities (89,729) (63,060) 212,787
Effect of exchange rate changes on cash (1,761) 3,733 (15,078)
Net increase (decrease) in cash and cash equivalents 943 (12,148) (10,359)
Cash and cash equivalents at beginning of year 53,364 65,512 75,871
Cash and cash equivalents at end of year $ 54,307 $ 53,364 $ 65,512