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CONDENSED CONSOLIDATED STATEMENT OF CASH FLOWS (USD $)
In Thousands
3 Months Ended
Sep. 30, 2011
Sep. 30, 2010
Cash flows from operating activities:  
Net income$ 8,337$ 18,320
Adjustments to reconcile net income to net cash provided by operating activities:  
Depreciation31,63823,612
Amortization2,4682,432
Equity in income of affiliated companies(4,032)(2,679)
Dividends received from affiliated companies2701,452
Deferred income taxes(2,800)(6)
Excess tax benefits from stock-based compensation plans (3)
Stock-based compensation2,4402,369
Amortization of debt discount and financing costs1,6131,582
Other noncash items affecting earnings(477)815
Changes in operating assets and liabilities:  
Receivables(907)[1](267)[1]
Inventories(23,612)[1](7,343)[1]
Income tax receivable4,260[1]28,373[1]
Other current assets1,806[1]1,748[1]
Other assets509[1](3,095)[1]
Accounts payable11,376[1]4,163[1]
Accrued expenses(7,906)[1](11,851)[1]
Other noncurrent liabilities(11,528)[1]4,562[1]
Net cash provided by operating activities13,45564,184
Cash flows from investing activities:  
Capital expenditures(16,827)(16,007)
Proceeds from sale of assets36915
Asset acquisitions, net of cash acquired and certain obligations assumed(2,077)(3,861)
Proceeds from loans and investments1,29015,000
Disbursements for loans and investments (15,000)
Net cash used in investing activities(17,245)(19,853)
Cash flows from financing activities:  
Borrowings on revolving credit facilities23,900 
Payments on revolving credit facilities(23,900) 
Repayments of long-term debt and capital lease obligations(9,669)(3,334)
Excess tax benefits from stock-based compensation plans 3
Proceeds from issuance of common stock 59
Dividends paid(3,494)(2,297)
Other 3
Net cash used in financing activities(13,163)(5,566)
Effect of exchange rate changes on cash and cash equivalents(3,637)4,199
(Decrease) increase in cash and cash equivalents(20,590)42,964
Cash and cash equivalents:  
Beginning of period96,263151,871
End of period$ 75,673$ 194,835
[1]Changes in operating assets and liabilities exclude assets acquired and liabilities assumed through acquisitions.