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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
9 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Cash flows from operating activities:    
Net loss $ (27,369) $ (64,835)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 22,544 23,230
Restructuring and other transition expenses, net of payments 0 1,886
Deferred income taxes 0 40,078
Impairment of goodwill and intangible assets 42,030 0
Postretirement benefits curtailment and pension settlement charge (5,760) 10,948
Net (gains) losses from sales of assets (23,375) 971
Net losses on derivative instruments 9,830 9,228
Other adjustments 3,698 4,981
Change in operating assets and liabilities:    
Accounts receivable 3,745 (7,651)
Inventories 1,004 3,937
Derivative assets/liabilities, net (2,472) (13,229)
Other assets 1,510 180
Accounts payable (13,194) 8,466
Accrued expenses and other liabilities (4,126) (10,690)
Net cash provided by operating activities 8,065 7,500
Cash flows from investing activities:    
Purchases of property, plant and equipment (13,114) (30,393)
Proceeds from sales of property, plant and equipment 36,733 143
Net cash provided (used) in investing activities 23,619 (30,250)
Cash flows from financing activities:    
Proceeds from revolving credit facility 48,000 50,642
Repayments on revolving credit facility (60,000) (17,417)
Payments of finance lease obligations (40) (185)
Payment of financing costs (367) (1,041)
Proceeds from stock option exercises 129 507
Net cash (used) provided by financing activities (12,278) 32,506
Net increase in cash and cash equivalents 19,406 9,756
Cash and cash equivalents at beginning of period 6,983 2,438
Cash and cash equivalents at end of period 26,389 12,194
Supplemental disclosure of non-cash investing and financing activities:    
Non-cash additions to property, plant and equipment 1,130 739
Non-cash portion of earnout receivable recognized—spice assets sale 0 592
Non-cash issuance of 401-K common stock 163 0
Cumulative preferred dividends, undeclared and unpaid 414 400
West Coast Coffee, Inc.    
Supplemental disclosure of non-cash investing and financing activities:    
Non-cash issuance of 401-K common stock 0 1,000
Boyd Coffee    
Supplemental disclosure of non-cash investing and financing activities:    
Non-cash - Boyd Coffee post-closing working capital adjustment $ 0 $ 2,277