XML 19 R8.htm IDEA: XBRL DOCUMENT v3.21.2
Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2019
Cash flows from operating activities:      
Net earnings (loss) $ 15,533 $ (21,839) $ 6,079
Non cash operating activities:      
Gain on sale of facility (3,204) 0 0
Depreciation 5,059 5,206 5,047
Amortization 1,233 1,990 2,291
Goodwill and intangibles impairment 0 6,496 0
Stock-based compensation 823 530 379
Net long-term tax obligations 127 1,881 (20)
Deferred taxes (3,003) (1,802) 1,202
Postretirement benefit and pension obligations (589) 16,823 1,000
Working capital changes:      
Accounts receivable (3,009) 2,284 (3,210)
Inventories (3,694) 1,603 (4,204)
Other current assets (4,930) (3,071) 610
Other current liabilities 8,517 (3,369) 4,463
Prepaid pension expense (8,186) (8,035) (5,766)
Other (109) 140 526
Net cash provided (used in) by operating activities 4,568 (1,163) 8,397
Cash flows from investing activities:      
Purchases of property, plant and equipment (4,583) (9,277) (5,765)
Software development (1,124) (1,323) (1,462)
Proceeds from sale of real estate 5,214 0 0
Net cash (used in) investing activities (493) (10,600) (7,227)
Cash flows from financing activities:      
Proceeds from borrowings 44,751 14,850 4,300
Debt repayments (53,807) (5,583) (3,656)
Proceeds from common stock issued 75 73 81
Repurchase of shares (32) (26) (950)
Net cash (used in) provided by financing activities (9,013) 9,314 (225)
Effect of translation rate changes on cash 585 325 (190)
Net increase (decrease) in cash (4,353) (2,124) 755
Cash beginning of year 13,458 15,582 14,827
Cash end of year 9,105 13,458 15,582
Supplemental cash flow information:      
Interest paid 889 953 884
Taxes paid $ 4,979 $ 1,994 $ 2,262