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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Cash flows from operating activities:    
Net income $ 2,651 $ 4,598
Non-cash operating activities:    
Depreciation 3,735 3,767
Amortization 1,540 1,721
Stock-based compensation 410 261
Net long-term tax obligations 163 27
Deferred taxes 264 984
Postretirement benefit and pension obligations 92 484
Working capital changes:    
Accounts receivable 2,876 276
Inventories (3,097) (5,543)
Other current assets (831) (451)
Other current liabilities (5,463) 2,535
Prepaid pension expense (6,360) (4,453)
Other 159 446
Net cash (used in) provided by operating activities (3,861) 4,652
Cash flows from investing activities:    
Purchases of property, plant and equipment (7,595) (4,682)
Software development (1,023) (1,069)
Net cash used in investing activities (8,618) (5,751)
Cash flows from financing activities:    
Proceeds from borrowing 11,556 3,300
Debt repayments (4,666) (3,227)
Proceeds from common stock issued 37 40
Shares repurchased (17) (938)
Net cash provided by (used in) financing activities 6,910 (825)
Effect of exchange rate changes on cash 202 (49)
Net decrease in cash (5,367) (1,973)
Cash, beginning of period 15,582 14,827
Cash, end of period 10,215 12,854
Supplemental cash flow information:    
Interest paid 737 649
Income taxes paid, net $ 1,304 $ 1,846