XML 19 R9.htm IDEA: XBRL DOCUMENT v3.6.0.2
Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Cash flows from operating activities:    
Net income $ 1,822 $ 280
Non-cash operating activities:    
Gain on sale of building (3,089)
Depreciation 2,732 3,052
Amortization 732 667
Stock-based compensation 223 227
Net long-term tax obligations 842 320
Deferred taxes 413 (1)
Postretirement benefit and pension obligations 1,743 1,561
Income from equity method investment (43) (73)
Working capital changes:    
Accounts receivable 1,849 4,666
Inventories (3,389) (661)
Other current assets (1,563) (235)
Other current liabilities (1,026) (1,307)
Prepaid pension expense (2,418) (2,238)
Other 188 (79)
Net cash provided by (used in) operating activities (984) 6,179
Cash flows from investing activities:    
Additions to property, plant and equipment (2,412) (3,611)
Software development (368) (325)
Proceeds from sale of investments 7,621
Proceeds from sale of building 3,321
Net cash provided by investing activities 541 3,685
Cash flows from financing activities:    
Proceeds from long-term borrowings 750
Long-term debt repayments (762) (1,448)
Proceeds from common stock issued 181 217
Shares repurchased (33) (297)
Dividends paid (1,407) (1,407)
Net cash used in financing activities (2,021) (2,185)
Effect of exchange rate changes on cash (603) (407)
Net increase (decrease) in cash (3,067) 7,272
Cash, beginning of period 19,794 11,108
Cash, end of period 16,727 18,380
Supplemental cash flow information:    
Interest paid 302 349
Income taxes paid, net $ 113 $ 557