XML 21 R8.htm IDEA: XBRL DOCUMENT v3.10.0.1
Consolidated Statements Of Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Dec. 31, 2018
Dec. 31, 2017
CASH FLOWS FROM OPERATING ACTIVITIES    
Net (loss) income $ (103,926) $ 66,949
Net (loss) income from discontinued operations (51,547) 5,206
Net (loss) income from continuing operations (52,379) 61,743
Adjustments to reconcile net (loss) income from continuing operations to net cash (used in) provided by operating activities from continuing operations:    
Depreciation and amortization 28,106 30,065
Deferred income taxes (22,790) (28,808)
Chief Executive Officer Succession Plan expense, net 29,272 0
Equity in net loss (income) of equity-method investees 186 (205)
Stock-based compensation, net 1,994 7,322
Long-lived asset and intangibles impairment 23,709 3,449
Other non-cash items, net 1,285 (1,760)
Increase (decrease) in cash attributable to changes in operating assets and liabilities:    
Accounts receivable 6,583 (16,077)
Inventories (17,472) (63,131)
Other current assets (1,765) (3,889)
Other assets and liabilities 4,616 5,259
Accounts payable and accrued expenses (2,358) 34,422
Net cash (used in) provided by operating activities - continuing operations (1,013) 28,390
CASH FLOWS FROM INVESTING ACTIVITIES    
Purchases of property and equipment (41,539) (24,685)
Acquisitions of businesses, net of cash acquired 0 (13,064)
Other 3,863 0
Net cash used in investing activities - continuing operations (37,676) (37,749)
CASH FLOWS FROM FINANCING ACTIVITIES    
Borrowings under bank revolving credit facility 150,000 35,000
Repayments under bank revolving credit facility (137,646) (35,000)
Repayments under term loan (7,500) 0
Funding of discontinued operations entities (3,996) (12,758)
Borrowings of other debt, net 8,627 13,912
Shares withheld for payment of employee payroll taxes (2,922) (6,685)
Net cash provided by (used in) financing activities - continuing operations 6,563 (5,531)
Effect of exchange rate changes on cash (1,969) 3,765
Cash used in operating activities    
Cash used in operating activities (1,850) (2,964)
Cash used in investing activities (2,931) (6,342)
Cash provided by financing activities 3,901 12,655
Net cash flows (used in) provided by discontinued operations (880) 3,349
Net decrease in cash and cash equivalents and restricted cash (34,975) (7,776)
Cash and cash equivalents at beginning of period 113,018 146,992
Cash and cash equivalents and restricted cash at end of period 78,043 139,216
Less: cash and cash equivalents of discontinued operations (5,581) (13,285)
Cash and cash equivalents and restricted cash of continuing operations at end of period $ 72,462 $ 125,931