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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2021
Cash flows from operating activities:      
Net loss $ (79,180) $ (15,661) $ (41,651)
Adjustments to reconcile net loss to net cash (used in) provided by operating activities      
Depreciation and amortization 22,168 23,810 27,625
Impairment of goodwill and intangible assets (1,917) 0 0
Impairment of fixed assets 0 0 1,243
Postretirement benefits and pension settlement cost 0 0 (21,077)
Deferred income taxes (735) (425) 13,404
Net losses (gains) from sale of assets 22,275 (2,905) (593)
Net losses (gains) on derivative instruments 7,504 (21,620) (3,250)
ESOP and share-based compensation expense 8,311 6,501 4,580
Provision for credit losses 743 (353) (877)
Accounts receivable, net (939) (6,260) 1,438
Inventories 19,785 (22,828) (9,383)
Derivative assets, net (6,235) 19,554 5,016
Other assets (945) 2,652 11,249
Accounts payable 7,087 7,111 7,790
Accrued expenses and other (4,802) (1,030) 3,000
Net cash used in operating activities (6,880) (11,454) (1,486)
Cash flows from investing activities:      
Sale of business 92,226 0 0
Purchases of property, plant and equipment (15,016) (15,163) (15,117)
Proceeds from sales of property, plant and equipment 11,235 9,118 4,421
Net cash provided by (used in) investing activities 88,445 (6,045) (10,696)
Cash flows from financing activities:      
Proceeds from Credit Facilities 54,000 23,500 80,742
Repayments on Credit Facilities (139,579) (5,900) (159,242)
Proceeds from issuance of term loan 0 0 47,500
Payment of financing costs (368) (352) (6,288)
Payments of finance lease obligations (193) (193) (105)
Net cash (used in) provided by financing activities (86,140) 17,055 (37,393)
Net decrease in cash and cash equivalents and restricted cash (4,575) (444) (49,575)
Cash and cash equivalents and restricted cash at beginning of period 9,994 10,438 60,013
Cash and cash equivalents and restricted cash at end of period 5,419 9,994 10,438
Supplemental disclosure of cash flow information:      
Cash paid for interest 11,760 7,503 5,703
Cash paid for income taxes 177 142 355
Supplemental disclosure of non-cash investing and financing activities:      
Non-cash additions to property, plant and equipment 124 63 95
Right-of-use assets obtained in exchange for new operating lease liabilities 3,517 7,684 9,610
Non-cash issuance of ESOP and 401(K) common stock 938 373 398
Cumulative preferred dividends, undeclared and unpaid $ 0 $ 594 $ 574