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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Cash flows from operating activities:    
Net income $ 10,990 $ 2,651
Non-cash operating activities:    
Gain from sale of real estate (3,204) 0
Depreciation 3,912 3,735
Amortization 911 1,540
Stock-based compensation 669 410
Net long-term tax obligations 117 163
Deferred taxes (2,279) 264
Postretirement benefit and pension obligations (11) 92
Working capital changes:    
Accounts receivable (4,580) 2,876
Inventories 1,391 (3,097)
Other current assets (1,813) (831)
Other current liabilities 2,803 (5,463)
Prepaid pension expense (6,374) (6,360)
Other 189 159
Net cash provided by (used in) operating activities 2,721 (3,861)
Cash flows from investing activities:    
Purchases of property, plant and equipment (4,048) (7,595)
Software development (849) (1,023)
Proceeds from sale of real estate 5,214 0
Net cash provided by (used in) investing activities 317 (8,618)
Cash flows from financing activities:    
Proceeds from borrowing 12,581 11,556
Debt repayments (17,924) (4,666)
Proceeds from common stock issued 25 37
Shares repurchased (11) (17)
Net cash (used in) provided by financing activities (5,329) 6,910
Effect of exchange rate changes on cash 80 202
Net decrease in cash (2,211) (5,367)
Cash, beginning of period 13,458 15,582
Cash, end of period 11,247 10,215
Supplemental cash flow information:    
Interest paid 673 737
Income taxes paid, net $ 3,535 $ 1,304