XML 122 R5.htm IDEA: XBRL DOCUMENT v2.4.0.6
Consolidated Statements Of Cash Flows (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Jun. 30, 2010
Cash Flows From Operating Activities:      
Net income $ 95,808 $ 106,364 $ 114,969
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 20,266 18,940 20,533
Deferred income taxes and other noncash changes 5,147 8,680 1,783
Stock-based compensation expense 2,922 2,297 1,632
Restructuring and impairment charges 0 0 677
(Gain) loss on sale of property (92) 14 (40)
Pension plan activity (1,122) (1,326) (289)
Changes in operating assets and liabilities:      
Receivables (8,763) 3,615 (7,421)
Inventories 2,181 9,624 (19,166)
Other current assets 5,536 317 (6,755)
Accounts payable and accrued liabilities 564 (1,071) 1,768
Net cash provided by operating activities 122,447 147,454 107,691
Cash Flows From Investing Activities:      
Payments on property additions (16,347) (35,343) (12,833)
Proceeds from sale of property 895 19 69
Other - net (1,147) (434) (1,336)
Net cash used in investing activities (16,599) (35,758) (14,100)
Cash Flows From Financing Activities:      
Purchase of treasury stock (8,315) (43,103) (4,398)
Payment of dividends (38,464) (35,696) (33,430)
Proceeds from the exercise of stock awards, including tax benefits 301 479 4,643
(Decrease) increase in cash overdraft balance 0 (2,000) 2,000
Net cash used in financing activities (46,478) (80,320) (31,185)
Net change in cash and equivalents 59,370 31,376 62,406
Cash and equivalents at beginning of year 132,266 100,890 38,484
Cash and equivalents at end of year $ 191,636 $ 132,266 $ 100,890