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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Cash flows from operating activities:    
Net income $ 5,760 $ 7,973
Non-cash operating activities:    
Gain from sale of real estate 0 (3,204)
Depreciation 2,567 2,681
Amortization 660 605
Stock-based compensation 411 521
Net long-term tax obligations 86 114
Deferred taxes 305 (2,564)
Postretirement benefit and pension obligations (706) 32
Working capital changes:    
Accounts receivable (1,619) (2,911)
Inventories (6,002) 4,615
Other current assets (1,063) (349)
Other current liabilities (3,767) (1,813)
Prepaid pension expense (2,071) (3,469)
Other 872 170
Net cash (used in) provided by operating activities (4,567) 2,401
Cash flows from investing activities:    
Purchases of property, plant and equipment (4,457) (3,050)
Software development (533) (537)
Proceeds from sale of real estate 0 5,214
Net cash (used in) provided by investing activities (4,990) 1,627
Cash flows from financing activities:    
Proceeds from borrowing 29,605 9,142
Debt repayments (20,244) (12,608)
Proceeds from common stock issued 117 25
Shares repurchased (23) (7)
Net cash provided by (used in) financing activities 9,455 (3,448)
Effect of exchange rate changes on cash 434 521
Net increase in cash 332 1,101
Cash, beginning of period 9,105 13,458
Cash, end of period 9,437 14,559
Supplemental cash flow information:    
Interest paid 465 423
Income taxes paid, net $ 2,222 $ 2,941