XML 61 R9.htm IDEA: XBRL DOCUMENT v3.2.0.727
Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Jun. 30, 2013
Cash Flows from Operating Activities      
Net earnings $ 65,975 $ 38,449 $ 51,931
Adjustments to reconcile net earnings to net cash provided by operating activities:      
(Earnings) loss from discontinued operation, net of tax   (133) 6,789
Depreciation 41,114 41,805 34,135
Amortization 11,969 11,293 6,657
Share-based compensation expense 11,340 12,347 11,959
Impairment of intangible assets 1,964    
Losses on foreign currency remeasurements and transactions 2,178 700 1,244
Earnings from equity investment (948) (698) (1,048)
Deferred income taxes (3,781) (4,435) 1,962
Excess tax benefits from share-based compensation expense (335) (651) (635)
Impairment on property, plant, and equipment     900
Increase (decrease) in cash from changes in:      
Accounts receivable (10,742) (28,486) 5,441
Inventories (4,207) 12,794 1,969
Accounts payable 61 19,813 (9,376)
Income taxes 7,589 (6,282) 4,351
Other operating net assets 7,189 (2,251) (5,807)
Continuing Operations 129,366 94,265 110,472
Discontinued Operation   1,197 (2,865)
Net cash provided by operating activities 129,366 95,462 107,607
Cash Flows from Investing Activities      
Additions to property, plant & equipment (52,313) (29,220) (25,205)
Purchases of businesses, net of cash acquired   (177,676) (126,193)
Proceeds received from contractual settlement from Thailand flooding     4,797
Proceeds received from sale of equity method investment     2,138
Other investing activities 67 79  
Continuing Operations (52,246) (206,817) (144,463)
Discontinued Operation     (68)
Net cash used in investing activities (52,246) (206,817) (144,531)
Cash Flows from Financing Activities      
Proceeds from borrowings 3,000 183,000 113,000
Payments on borrowings (68,500) (55,000) (11,000)
Purchases of treasury stock (12,729) (19,973) (19,978)
Payments of redeemable noncontrolling interest   (8,789)  
Payments on holdback arrangements (2,350) (3,000)  
Proceeds from exercises of stock options 5,196 4,358 4,104
Other financing activities (681) (1,514) (347)
Net cash (used in) provided by financing activities (76,064) 99,082 85,779
Effect of exchange rate changes on cash and cash equivalents (2,082) 1,500 1,634
Net (decrease) increase in cash and cash equivalents (1,026) (10,773) 50,489
Cash and Cash Equivalents at Beginning of Period 174,660 185,433 134,944
Cash and Cash Equivalents at End of Period $ 173,634 174,660 185,433
Non cash transactions:      
Purchases of businesses - holdback amount recorded in Other accrued liabilities   10,000  
Capital lease obligation incurred on facility lease   $ 11,636  
Purchase of business utilizing earnout consideration recorded in other current liabilities     $ 3,300