Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements of Cash Flows (Unaudited)

v3.6.0.2
Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
 6 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Operating activities:    
Net income $ 22,229 $ 29,681
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 9,999 9,589
Compensation expense related to share-based payment awards 1,582 914
Provision (benefit) for deferred income taxes 371 996
(Gain) loss on disposal of property, plant and equipment 864 (1,249)
Other (319) (850)
Change in operating assets and liabilities, net of effects of acquired businesses:    
Accounts receivable 694 2,488
Inventories 1,939 (5,582)
Prepaid and other current assets 639 3,780
Customer Deposits (5,661) (8,578)
Accounts payable (2,468) (2,721)
Accrued expenses and other current liabilities (3,724) (8,539)
Other assets and liabilities 1,330 1,110
Net cash provided by operating activities 27,475 21,039
Investing activities:    
Proceeds from the disposal of property, plant & equipment 1,258 1,872
Change in restricted cash and investments 512 204
Capital expenditures (11,254) (7,374)
Sales of marketable securities 2,150
Other investing activities 97 93
Net cash provided by (used in) investing activities (9,387) (3,055)
Financing activities:    
Payments on long-term debt and capital lease obligations (1,745) (18,225)
Purchases and retirements of company stock (3,368) (11,433)
Payment of cash dividends (9,460) (7,984)
Other financing activities 1,098 825
Net cash provided by (used in) financing activities (13,475) (36,817)
Effect of exchange rate changes on cash (123) (318)
Net increase (decrease) in cash & cash equivalents 4,490 (19,151)
Cash & cash equivalents at beginning of period 52,659 76,182
Cash & cash equivalents at end of period $ 57,149 $ 57,031