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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Cash flows from operating activities:    
Net income $ 7,973 $ 2,038
Non-cash operating activities:    
Gain from sale of real estate (3,204) 0
Depreciation 2,681 2,430
Amortization 605 1,109
Stock-based compensation 521 286
Net long-term tax obligations 114 192
Deferred taxes (2,564) 484
Postretirement benefit and pension obligations 32 58
Working capital changes:    
Accounts receivable (2,911) 1,825
Inventories 4,615 (4,088)
Other current assets (349) 41
Other current liabilities (1,813) (3,784)
Prepaid pension expense (3,469) (2,933)
Other 170 85
Net cash provided by (used in) operating activities 2,401 (2,257)
Cash flows from investing activities:    
Purchases of property, plant and equipment (3,050) (4,663)
Software development (537) (718)
Proceeds from sale of real estate 5,214 0
Net cash provided by (used in) investing activities 1,627 (5,381)
Cash flows from financing activities:    
Proceeds from borrowing 9,142 3,989
Debt repayments (12,608) (2,813)
Proceeds from common stock issued 25 37
Shares repurchased (7) (13)
Net cash (used in) provided by financing activities (3,448) 1,200
Effect of exchange rate changes on cash 521 238
Net increase (decrease) in cash 1,101 (6,200)
Cash, beginning of period 13,458 15,582
Cash, end of period 14,559 9,382
Supplemental cash flow information:    
Interest paid 423 502
Income taxes paid, net $ 2,941 $ 1,180