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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Cash Flows From Operating Activities:    
Net Income (Loss) Attributable to Parent $ 4,548 $ 22,423
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation 7,128 7,476
Amortization 1,702 1,068
(Gain) loss on sales of assets (177) 59
Restructuring and asset impairment charges 1,462 2,763
Deferred income tax and other deferred charges (747) (979)
Stock-based compensation 2,258 2,729
Other, net (547) 2,220
Change in operating assets and liabilities:    
Receivables 16,720 825
Inventories 5,376 (2,931)
Prepaid expenses and other current assets 156 (2,343)
Accounts payable (5,785) (7,057)
Customer deposits 7,271 7,883
Accrued expenses (14,844) (20,734)
Net cash provided by operating activities 24,521 13,402
Cash Flows From Investing Activities:    
Capital expenditures (5,895) (12,038)
Proceeds from sales of assets 394 102
Cash paid for acquisition (100,930) 0
Purchases of capitalized software (3,047) (1,471)
Purchases of available-for-sale securities (10,000) (13,975)
Maturities of available-for-sale securities 13,750 21,488
Other, net (46) (853)
Net cash used for investing activities (105,774) (6,747)
Cash Flows From Financing Activities:    
Proceeds from Short-term Debt 40,000 0
Repayments of long-term debt (27) (25)
Dividends paid to shareholders (6,643) (6,286)
Repurchases of Common Stock (638) (1,266)
Repurchase of employee shares for tax withholding (236) (842)
Net cash provided by (used for) financing activities 32,456 (8,419)
Net Decrease in Cash, Cash Equivalents, and Restricted Cash (1) [1] (48,797) (1,764)
Cash, Cash Equivalents, and Restricted Cash at Beginning of Period (1) [1] 92,444 73,837
Cash, Cash Equivalents, and Restricted Cash at End of Period (1) [1] 43,647 72,073
Noncash Investing and Financing Items    
Contingent earn-out liability for Poppin, Inc. acquisition 31,790 0
Cash paid during the period for:    
Income taxes 6,089 9,063
Interest expense $ 29 $ 14
[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 and cash held in escrow for repayment of the Payment Protection Program loan that Poppin, Inc. obtained prior to its acquisition.