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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Cash flows from operating activities:    
Net income $ 4,116 $ 778
Non-cash operating activities:    
Depreciation 1,360 1,212
Amortization 300 575
Stock-based compensation 367 214
Net long-term tax obligations 17 26
Deferred taxes (2,822) 141
Postretirement benefit and pension obligations 4 30
Working capital changes:    
Accounts receivable (1,656) 3,087
Inventories 3,194 (5,091)
Other current assets (324) (428)
Other current liabilities 678 (2,796)
Prepaid pension expense (1,609) (1,281)
Other 38 49
Net cash provided by (used in) operating activities 3,663 (3,484)
Cash flows from investing activities:    
Purchases of property, plant and equipment (1,543) (2,625)
Software development (251) (399)
Net cash used in investing activities (1,794) (3,024)
Cash flows from financing activities:    
Proceeds from borrowing 4,462 2,500
Debt repayments (8,475) (1,039)
Shares repurchased (6) (10)
Net cash (used in) provided by financing activities (4,019) 1,451
Effect of exchange rate changes on cash 253 (15)
Net decrease in cash (1,897) (5,072)
Cash, beginning of period 13,458 15,582
Cash, end of period 11,561 10,510
Supplemental cash flow information:    
Interest paid 201 269
Income taxes paid, net $ 1,224 $ 594