Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements of Cash Flows (Unaudited)

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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
 6 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Operating activities:    
Net income $ 22,277 $ 22,229
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 10,040 9,999
Compensation expense related to share-based payment awards 1,082 1,582
Provision (benefit) for deferred income taxes 224 371
(Gain) loss on disposal of property, plant and equipment 119 864
Other (150) (319)
Change in operating assets and liabilities, net of effects of acquired businesses:    
Accounts receivable (2,164) 694
Inventories (11,360) 1,939
Prepaid and other current assets 488 639
Customer Deposits (4,373) (5,661)
Accounts payable 42 (2,468)
Accrued expenses and other current liabilities (1,442) (3,724)
Other assets and liabilities (628) 1,330
Net cash provided by operating activities 14,155 27,475
Investing activities:    
Proceeds from the disposal of property, plant & equipment 326 1,258
Change in restricted cash and investments 267 512
Capital expenditures (4,981) (11,254)
Other investing activities 102 97
Net cash provided by (used in) investing activities (4,286) (9,387)
Financing activities:    
Payments on long-term debt and capital lease obligations (14,195) (1,745)
Purchases and retirements of company stock (1,100) (3,368)
Payment of cash dividends (10,482) (9,460)
Other financing activities 137 1,098
Net cash provided by (used in) financing activities (25,640) (13,475)
Effect of exchange rate changes on cash 57 (123)
Net increase (decrease) in cash & cash equivalents (15,714) 4,490
Cash & cash equivalents at beginning of period 57,701 52,659
Cash & cash equivalents at end of period $ 41,987 $ 57,149