Consolidated Statements of Cash Flows - USD ($) $ in Thousands	12 Months Ended
Jun. 30, 2020	Jun. 30, 2019
Cash flows from operating activities:
Net (loss) income	$ (39,571)	$ 10,796
Adjustments to reconcile net (loss) income to net cash provided (used) by operating activities:
Depreciation and amortization	11,925	9,335
Goodwill and other asset impairment charge	27,603
Restructuring of operations	2,269
Stock compensation expense	1,158	2,591
Provision for deferred income taxes	(8,072)	6,846
Amortizations of inventory fair value step-up		4,277
Gain on contingent consideration of Veth Propulsion acquisition		(809)
Gain on sale of Mill Log Business		(768)
Other, net	258	84
Changes in operating assets and liabilities
Trade accounts receivable	13,132	11,177
Inventories	6,775	(27,671)
Other assets	2,246	(10,159)
Accounts payable	(3,342)	(1,013)
Accrued liabilities	(5,807)	(9,896)
Accrued/prepaid retirement benefits	544	(251)
Net cash provided (used) by operating activities	9,118	(5,461)
Cash flows from investing activities, net of acquired business:
Capital expenditures	(10,699)	(11,979)
Proceeds from sale of Mill Log business	500	5,158
Proceeds from sale of plant assets	137	239
Proceeds from life insurance policy	102	101
Acquisition of Veth Propulsion, less cash acquired		(60,195)
Other, net	(159)	(233)
Net cash used by investing activities	(10,119)	(66,909)
Cash flows from financing activities:
Borrowings under long-term debt agreement	8,200	44,480
Borrowings under revolving loan agreement	99,262	147,854
Repayments under revolving loan agreement	(105,065)	(129,548)
Repayments of long-term borrowings	(2,241)	(24,752)
Payments of withholding taxes on stock compensation	(913)	(1,005)
Dividends paid to noncontrolling interest	(298)	(115)
Proceeds from issuance of common stock, net		32,210
Proceeds from exercise of stock options		36
Net cash (used) provided by financing activities	(1,055)	69,160
Effect of exchange rate changes on cash	382	401
Net change in cash	(1,674)	(2,809)
Cash:
Beginning of year	12,362	15,171
End of year	10,688	12,362
Supplemental cash flow information:
Interest	1,861	1,906
Income taxes	$ 3,481	$ 1,927

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