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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2018
Cash flows from operating activities:      
Net earnings (loss) $ (21,839) $ 6,079 $ (3,633)
Non cash operating activities:      
Depreciation 5,206 5,047 5,462
Amortization 1,990 2,291 2,049
Goodwill and intangibles impairment 6,496
Stock-based compensation 530 379 298
Net long-term tax obligations 1,881 (20) 80
Deferred taxes (1,802) 1,202 7,228
Pension and Other Postretirement Benefits Expense (Reversal of Expense), Noncash, Total 16,823 1,000 876
Working capital changes:      
Accounts receivable 2,284 (3,210) (4,282)
Inventories 1,603 (4,204) (3,461)
Other current assets (3,071) 610 (822)
Other current liabilities (3,369) 4,463 4,521
Prepaid pension expense (8,035) (5,766) (4,761)
Other 140 526 500
Net cash (used in) provided by operating activities (1,163) 8,397 4,055
Cash flows from investing activities:      
Purchases of property, plant and equipment (9,277) (5,765) (4,345)
Software development (1,323) (1,462) (1,417)
Net cash (used in) investing activities (10,600) (7,227) (5,762)
Cash flows from financing activities:      
Proceeds from borrowings 14,850 4,300 6,797
Debt repayments (5,583) (3,656) (3,444)
Proceeds from common stock issued 73 81 319
Repurchase of shares (26) (950) (563)
Dividends paid (1,401)
Net cash provided by (used in) financing activities 9,314 (225) 1,708
Effect of translation rate changes on cash 325 (190) 219
Net increase (decrease) in cash (2,124) 755 220
Cash beginning of year 15,582 14,827 14,607
Cash end of year 13,458 15,582 14,827
Supplemental cash flow information:      
Interest paid 953 884 667
Taxes paid $ 1,994 $ 2,262 $ 122