XML 19 R9.htm IDEA: XBRL DOCUMENT v3.3.1.900
Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Cash flows from operating activities:    
Net income $ 877 $ 5,807
Non-cash operating activities:    
Depreciation 4,385 5,817
Amortization 1,036 951
Stock-based compensation 315 287
Net long-term tax obligations 627 2,893
Deferred taxes 57 821
Unrealized transaction gain 66 (2)
Income on equity method investment (89) (170)
Working capital changes:    
Accounts receivable 4,744 5,669
Inventories 1,425 (10,607)
Other current assets 190 (1,399)
Other current liabilities 441 499
Postretirement benefit and pension obligations (2,481) (4,184)
Other 60 480
Net cash provided by operating activities 11,653 6,862
Cash flows from investing activities:    
Additions to property, plant and equipment (4,048) (4,048)
Software development $ (557) (440)
Purchase of investments (45)
Proceeds from sale of investments $ 7,621 201
Net cash provided by (used in) investing activities $ 3,016 (4,332)
Cash flows from financing activities:    
Proceeds from short-term borrowings $ 922
Proceeds from long-term borrowings $ 750
Long-term debt repayments (1,822) $ (1,159)
Proceeds from common stock issued 280 325
Shares repurchased (446) (64)
Dividends paid (2,108) (2,095)
Net cash used in financing activities (3,346) (2,071)
Effect of exchange rate changes on cash (200) (3,046)
Net increase (decrease) in cash 11,123 (2,587)
Cash, beginning of period 11,108 16,233
Cash, end of period 22,231 13,646
Supplemental cash flow information:    
Interest paid 487 547
Income taxes paid, net $ 732 $ 1,238