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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2016
Jun. 30, 2016
Current assets:    
Cash and cash equivalents $ 8,443 $ 21,095
Short-term investments 26,190 25,591
Accounts and notes receivable, net 50,277 44,364
Inventories 56,559 46,378
Income tax receivable 274 247
Short-term derivative assets 0 3,954
Prepaid expenses 4,457 4,557
Assets held for sale 0 7,179
Total current assets 146,200 153,365
Property, plant and equipment, net 165,110 118,416
Goodwill 2,143 272
Intangible assets, net 14,696 6,219
Other assets 7,390 9,933
Deferred income taxes 67,147 80,786
Total assets 402,686 368,991
Current liabilities:    
Accounts payable 53,446 23,919
Accrued payroll expenses 17,559 24,540
Short-term borrowings under revolving credit facility 18,532 109
Short-term obligations under capital leases 1,214 1,323
Short-term derivative liabilities 437 0
Other current liabilities 7,348 6,946
Total current liabilities 98,536 56,837
Accrued pension liabilities 67,408 68,047
Accrued postretirement benefits 20,361 20,808
Accrued workers’ compensation liabilities 10,248 11,459
Other long-term liabilities-capital leases 449 1,036
Other long-term liabilities 100 28,210
Total liabilities 197,102 186,397
Commitments and contingencies
Stockholders’ equity:    
Preferred stock, $1.00 par value, 500,000 shares authorized and none issued 0 0
Common stock, $1.00 par value, 25,000,000 shares authorized; 16,826,377 and 16,781,561 shares issued and outstanding at December 31, 2016 and June 30, 2016, respectively 16,826 16,782
Additional paid-in capital 39,406 39,096
Retained earnings 218,476 196,782
Unearned ESOP shares (4,289) (6,434)
Accumulated other comprehensive loss (64,835) (63,632)
Total stockholders’ equity 205,584 182,594
Total liabilities and stockholders’ equity $ 402,686 $ 368,991