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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2022
OPERATING ACTIVITIES      
Net income $ 2,416 $ 32,606 $ 49,175
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 36,178 34,012 32,705
Amortization of debt issuance costs 1,040 727 590
Deferred income taxes (12,042) (2,838) (806)
Foreign currency (gains) losses, net 13,114 (10,398) (4,808)
Acquisition-related items 521   316
Pension settlement cost 10,674    
Brazil employment taxes 4,202    
Stock-based compensation 475    
Gain on sale of investment     (1,203)
Other (2,098) 334 319
Changes in operating assets and liabilities, net of business acquisition:      
Accounts receivable, net (8,678) 5,335 (23,625)
Inventories, net 2,641 (11,222) (46,999)
Other current assets 11,040 (7,419) (1,804)
Other assets 3,922 750 (1,721)
Accounts payable 12,000 (22,830) 26,358
Accrued expenses and other liabilities 12,189 (5,747) 3,152
Net cash provided by operating activities 87,594 13,310 31,649
INVESTING ACTIVITIES      
Purchases of short-term investments (65,523) (40,000) (64,100)
Maturities of short-term investments 61,523 17,000 90,100
Capital expenditures (41,238) (51,794) (37,044)
Business acquisition, net of cash acquired (3,282)   (13,511)
Sale of investment     1,353
Other, net 326 776 620
Net cash used by investing activities (48,194) (74,018) (22,582)
FINANCING ACTIVITIES      
Revolving credit facility borrowings 276,000 264,000 297,000
Revolving credit facility repayments (241,000) (268,000) (247,000)
Proceeds from long-term debt   62,000  
Payments of long-term debt (22,295) (15,315) (9,375)
Debt issuance costs   (1,473)  
Payment of contingent consideration     (4,840)
Proceeds from insurance premium financing and other short-term debt 8,593 6,356  
Payments of insurance premium financing and other short-term debt (8,624) (1,139)  
Dividends paid (19,442) (19,442) (19,442)
Net cash (used) provided by financing activities (6,768) 26,987 16,343
Effect of exchange rate changes on cash (3,300) 754 (1,374)
Net increase (decrease) in cash and cash equivalents 29,332 (32,967) 24,036
Cash and cash equivalents at beginning of period 41,281 74,248 50,212
Cash and cash equivalents at end of period 70,613 41,281 74,248
Supplemental cash flow information      
Interest paid, net 17,253 14,575 11,159
Income taxes paid, net 15,430 20,410 17,854
Non-cash investing and financing activities      
Property, plant and equipment $ 2,367 $ 2,764 $ 2,953