XML 23 R8.htm IDEA: XBRL DOCUMENT v3.10.0.1
Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Jun. 30, 2016
Cash Flows from Operating Activities      
Net income $ 36,604 $ 46,545 $ 52,056
Income (loss) from discontinued operations (28) (32) (174)
Income (loss) from continuing operations 36,632 46,577 52,230
Adjustments to reconcile net income (loss) to net cash provided by operating activities:      
Depreciation and amortization 29,163 20,315 17,953
Share-based Compensation Continuing Operations 4,962 5,023 5,089
Deferred income taxes 7,391 (121) (6,756)
Non-cash portion of restructuring charge (1,264) 1,414 2,323
Loss on assets held for sale 7,267
(Gain) loss on disposal of real estate and equipment (655) (652) 191
Excess tax benefit from share-based payment activity (795)
Increase/(decrease) in cash from changes in assets and liabilities, net of effects from discontinued operations and business acquisitions:      
Accounts receivables, net (3,440) (6,013) 4,144
Inventories (6,814) (3,796) 1,729
Contributions to defined benefit plans (6,966) (1,443) (1,320)
Prepaid expenses and other 1,786 61 1,092
Accounts payable (9,326) 4,552 (3,368)
Accrued payroll, employee benefits and other liabilities 12,444 3,726 6,731
Income taxes payable 1,090 (5,610) (5,289)
Net cash provided by operating activities from continuing operations 65,003 64,033 81,221
Net cash used for operating activities from discontinued operations (78) (594) (897)
Net cash provided by operating activities 64,925 63,439 80,324
Cash Flows from Investing Activities      
Expenditures for capital assets (26,539) (26,448) (17,851)
Expenditures for acquisitions, net of cash acquired (10,397) (153,815) (13,700)
Expenditures for executive life insurance policies (310) (377) (417)
Proceeds from sale of real estate and equipment 2,852 1,106 383
Other investing activity 2,129 483
Net cash (used for) investing activities from continuing operations (32,265) (179,051) (31,585)
Net cash provided by investing activities from discontinued operations 2,803
Net cash provided by (used for) investing activities (32,265) (179,051) (28,782)
Cash Flows from Financing Activities      
Proceeds from borrowings 163,500 263,700 65,000
Payments of debt (164,788) (164,200) (75,000)
Stock issued under employee stock option and purchase plans 915 848 942
Excess tax benefit from share-based payment activity 795
Purchase of treasury stock (2,652) (7,806) (5,636)
Cash dividends paid (8,888) (7,852) (6,846)
Net cash provided by (used for) financing activities (11,913) 84,690 (20,745)
Effect of exchange rate changes on cash 289 (2,500) (4,937)
Net change in cash and cash equivalents 21,036 (33,422) 25,860
Cash and cash equivalents at beginning of year 88,566 121,988 96,128
Cash and cash equivalents at end of year 109,602 88,566 121,988
Supplemental Disclosure of Cash Flow Information:      
Interest 6,178 3,258 2,351
Income taxes, net of refunds $ 22,145 $ 20,413 $ 24,769