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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Operating activities:    
Net income (loss) $ (3,037) $ 6,151
Adjustments to reconcile net income (loss) to net cash provided (used) by operating activities:    
Depreciation and amortization 4,639 4,779
Stock-based compensation expense 2,218 3,024
Operating lease and fixed asset impairments due to restructuring 150 0
Deferred income tax 289 1,990
Gain on sale of property, plant and equipment (941) (93)
Provision for uncollectible accounts (64) 224
Other 101 84
Changes in operating assets and liabilities increasing (decreasing) cash:    
Accounts receivable (10,769) 3,594
Costs and estimated earnings in excess of billings on uncompleted contracts 1,854 30,087
Inventories (291) 456
Other assets and liabilities (8,018) (297)
Accounts payable (4,431) (15,240)
Billings on uncompleted contracts in excess of costs and estimated earnings (366) 24,565
Accrued expenses 3,646 (3,220)
Net cash provided (used) by operating activities (15,020) 56,104
Investing activities:    
Capital expenditures (2,777) (8,684)
Proceeds from asset sales 1,074 151
Net cash used by investing activities (1,703) (8,533)
Financing activities:    
Advances under senior secured revolving credit facility 0 8,984
Repayments of advances under senior secured revolving credit facility 0 (2,872)
Proceeds from issuance of common stock under employee stock purchase plan 82 83
Repurchase of common stock for payment of statutory taxes due on equity-based compensation (1,536) (3,394)
Net cash provided (used) by financing activities (1,454) 2,801
Effect of exchange rate changes on cash and cash equivalents 316 (198)
Increase (decrease) in cash and cash equivalents (17,861) 50,174
Cash and cash equivalents, beginning of period 100,036 89,715
Cash and cash equivalents, end of period 82,175 139,889
Supplemental disclosure of cash flow information:    
Income taxes 122 5,069
Interest paid 470 417
Non-cash investing and financing activities:    
Purchases of property, plant and equipment on account $ 0 $ 263