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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Cash flows from operating activities:    
Net income (loss) $ 4,654 $ (2,986)
Adjustments to reconcile net loss to net cash provided by operating activities:    
Depreciation and amortization 7,617 7,728
Restructuring and other transition expenses, net of payments 0 3,712
Deferred income taxes 0 (1,334)
Net gains from sales of assets (12,605) (81)
Net losses on derivative instruments 4,514 3,068
Other adjustments 908 1,866
Change in operating assets and liabilities:    
Accounts receivable (2,359) (4,658)
Inventories (4,792) (11,062)
Derivative assets (liabilities), net (1,403) (5,198)
Other assets (1,480) (61)
Accounts payable 1,399 13,049
Accrued expenses and other liabilities (340) (2,963)
Net cash (used) provided by operating activities (3,887) 1,080
Cash flows from investing activities:    
Purchases of property, plant and equipment (5,276) (7,733)
Proceeds from sales of property, plant and equipment 16,618 53
Net cash provided (used) in investing activities 11,342 (7,680)
Cash flows from financing activities:    
Proceeds from revolving credit facility 23,000 12,020
Repayments on revolving credit facility (30,000) 0
Payments of finance lease obligations (13) (53)
Proceeds from stock option exercises 0 326
Net cash (used) provided by financing activities (7,013) 12,293
Net increase in cash and cash equivalents 442 5,693
Cash and cash equivalents at beginning of period 6,983 2,438
Cash and cash equivalents at end of period 7,425 8,131
Supplemental disclosure of non-cash investing and financing activities:    
Net change in derivative assets and liabilities included in other comprehensive loss, net of tax (1,301) (4,637)
Non-cash additions to property, plant and equipment 250 6,976
Non-cash portion of earnout receivable recognized—spice assets sale 0 252
Non-cash issuance of 401-K common stock 53 0
Cumulative preferred dividends, undeclared and unpaid $ 137 $ 132