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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Cash Flows From Operating Activities:    
Net income $ 22,423 $ 20,281
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation 7,476 7,361
Amortization 1,068 959
Loss (Gain) on sales of assets 59 (1,164)
Restructuring and asset impairment charges 2,763 0
Deferred income tax and other deferred charges (979) (1,907)
Stock-based compensation 2,729 3,628
Other, net 2,220 (1,166)
Change in operating assets and liabilities:    
Receivables 825 (1,486)
Inventories (2,931) (6,745)
Prepaid expenses and other current assets (2,343) 2,795
Accounts payable (7,057) 3,292
Customer deposits 7,883 5,596
Accrued expenses (20,734) (7,536)
Net cash provided by operating activities 13,402 23,908
Cash Flows From Investing Activities:    
Capital expenditures (12,038) (10,346)
Proceeds from sales of assets 102 1,269
Cash paid for acquisition 0 (4,850)
Purchases of capitalized software (1,471) (374)
Purchases of available-for-sale securities (13,975) (26,196)
Maturities of available-for-sale securities 21,488 18,618
Other, net (853) 30
Net cash used for investing activities (6,747) (21,849)
Cash Flows From Financing Activities:    
Change in long-term debt (25) (23)
Dividends paid to shareholders (6,286) (5,562)
Repurchases of Common Stock (1,266) (9,130)
Repurchase of employee shares for tax withholding (842) (1,035)
Net cash used for financing activities (8,419) (15,750)
Net Decrease in Cash, Cash Equivalents, and Restricted Cash (1) [1] (1,764) (13,691)
Cash, Cash Equivalents, and Restricted Cash at Beginning of Period (1) [1] 73,837 53,321
Cash, Cash Equivalents, and Restricted Cash at End of Period (1) [1] 72,073 39,630
Cash paid during the period for:    
Income taxes 9,063 2,641
Interest expense $ 14 $ 69
[1] The following table reconciles cash and cash equivalents in the balance sheets to cash, cash equivalents, and restricted cash per the statements of cash flows. The restricted cash included in other assets on the balance sheet represents amounts pledged as collateral for a long-term financing arrangement as contractually required by a lender. The restriction will lapse when the related long-term debt is paid off. Restricted cash also included customer deposits held due to a foreign entity being classified as a restricted entity by a government agency subsequent to our receipt of the deposit.