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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2020
Cash Flows from Operating Activities      
Net income (loss) $ 61,393 $ 36,473 $ 20,188
Income (loss) from discontinued operations (89) (2,070) (20,826)
Income from continuing operations 61,482 38,543 41,014
Adjustments to reconcile net income (loss) to net cash provided by operating activities:      
Depreciation and amortization 29,697 33,241 32,294
Stock-based compensation 11,168 8,368 7,026
Gain on sale of real estate and equipment (456) 0 0
Non-cash portion of restructuring charge 1,691 (489) 386
Loss on sale of business 0 14,624 0
Gain from extinguishment of debt - PPP loan 0 (713) 0
Deferred income taxes (1,967) 836 5,635
Life insurance benefit (193) 0 (1,302)
Contributions to defined benefit plans (535) (8,120) (4,040)
Increase/(decrease) in cash from changes in assets and liabilities, net of effects from discontinued operations and business acquisitions:      
Accounts receivables, net (11,571) (5,542) 2,325
Inventories (18,183) (7,717) (9,050)
Prepaid expenses and other assets (9,072) (8,000) (10,960)
Accounts payable 6,132 17,612 174
Accrued liabilities, pension and other liabilities 2,206 4,920 2,342
Income taxes payable 7,738 (5,697) (11,167)
Net cash provided by operating activities from continuing operations 78,137 81,866 54,677
Net cash provided by (used for) operating activities from discontinued operations (421) 1,716 (7,435)
Net cash provided by operating activities 77,716 83,582 47,242
Cash Flows from Investing Activities      
Expenditures for property, plant and equipment (23,891) (21,752) (21,521)
Expenditures for acquisitions, net of cash acquired (12,978) (27,406) (622)
Expenditures for executive life insurance policies (248) (243) (281)
Proceeds from sale of business 0 11,678 0
Proceeds from sale of real estate and equipment 1,820 117 180
Proceeds withdrawn from life insurance policies 4,974 0 1,624
Other investing activity (721) (1,485) 0
Net cash (used for) investing activities from continuing operations (31,044) (39,091) (20,620)
Net cash provided by investing activities from discontinued operations 0 0 20,003
Net cash (used for) investing activities (31,044) (39,091) (617)
Cash Flows from Financing Activities      
Proceeds from borrowings 0 17,000 106,500
Payments of debt (25,000) (17,000) (105,300)
Contingent consideration payment (2,167) (356) (872)
Activity under share-based payment plans 1,415 1,273 1,738
Purchase of treasury stock (31,425) (21,200) (10,437)
Cash dividends paid (12,249) (11,449) (10,606)
Net cash (used for) financing activities (69,426) (31,732) (18,977)
Effect of exchange rate changes on cash (8,769) 4,799 (1,984)
Net change in cash and cash equivalents (31,523) 17,558 25,664
Cash and cash equivalents at beginning of year 136,367 118,809 93,145
Cash and cash equivalents at end of year 104,844 136,367 118,809
Supplemental Disclosure of Cash Flow Information:      
Interest 4,745 4,904 6,324
Income taxes, net of refunds $ 17,987 $ 17,185 $ 18,737