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, 2019
Dec. 31, 2018
Cash Flows from Operating Activities    
Net income $ 21,192 $ 21,030
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 8,430 9,925
Shared-based compensation expense 123 807
Non-cash operating lease cost 16,191
Deferred income taxes 153 (79)
Restructuring and impairment charges (gains) (6,503)
Restructuring payments (5,021)
Loss on disposal of property, plant and equipment 163 43
Other 136 (16)
Change in operating assets and liabilities, net of effects of acquisitions:    
Accounts receivable, net 973 3,130
Inventories, net 21,303 3,838
Prepaid expenses and other current assets 226 719
Customer deposits and deferred revenue (9,746) (7,006)
Accounts payable and accrued expenses (8,342) (3,420)
Accrued compensation and benefits (475) 2,312
Operating lease liabilities (16,037)
Other assets and liabilities 622 192
Net cash provided by operating activities 23,388 31,475
Cash Flows from Investing Activities    
Proceeds from disposal of property, plant and equipment 12,423 1
Capital expenditures (7,987) (4,954)
Acquisitions, net of cash acquired (1,281)
Other investing activities 20 94
Net cash provided by (used in) investing activities 3,175 (4,859)
Cash Flows from Financing Activities    
Payments on debt and finance lease liabilities (278) (310)
Payment of cash dividends (10,685) (10,137)
Repurchases of common stock (8,163)
Other financing activities 53 274
Net cash used in financing activities (19,073) (10,173)
Effect of exchange rate changes on cash and cash equivalents (8) (43)
Net increase in cash and cash equivalents 7,482 16,400
Cash and cash equivalents at beginning of period 20,824 22,363
Cash and cash equivalents at end of period $ 28,306 $ 38,763