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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Cash flows from operating activities:    
Net income $ 2,038 $ 2,510
Non-cash operating activities:    
Depreciation 2,430 2,561
Amortization 1,109 1,155
Stock-based compensation 286 174
Net long-term tax obligations 192 111
Deferred taxes 484 532
Postretirement benefit and pension obligations 58 323
Working capital changes:    
Accounts receivable 1,825 1,118
Inventories (4,088) (3,294)
Other current assets 41 (1,393)
Other current liabilities (3,784) 1,160
Prepaid pension expense (2,933) (2,498)
Other 85 347
Net cash (used in) provided by operating activities (2,257) 2,806
Cash flows from investing activities:    
Purchases of property, plant and equipment (4,663) (1,877)
Software development (718) (695)
Net cash used in investing activities (5,381) (2,572)
Cash flows from financing activities:    
Proceeds from borrowing 3,989 1,000
Debt repayments (2,813) (1,534)
Proceeds from common stock issued 37 40
Shares repurchased (13) (934)
Net cash (used in) provided by financing activities 1,200 (1,428)
Effect of exchange rate changes on cash 238 (206)
Net decrease in cash (6,200) (1,400)
Cash, beginning of period 15,582 14,827
Cash, end of period 9,382 13,427
Supplemental cash flow information:    
Interest paid 502 428
Income taxes paid, net 1,180 1,221
Supplemental disclosure of non-cash activities:    
Recognition of right-of-use assets 6,149
Recognition of operating lease liability $ 6,149