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, unless otherwise specified
 9 Months Ended
Mar. 31, 2014
Mar. 31, 2013
Operating activities:    
Net income $ 25,847 $ 24,284
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 13,276 13,514
Compensation expense related to share-based payment awards 990 1,115
Provision (benefit) for deferred income taxes (1,382) 597
Loss on disposal of property, plant and equipment 2,164 3,696
Other 425 172
Change in operating assets and liabilities, net of effects of acquired businesses:    
Accounts receivable (3,726) 2,855
Inventories (7,799) 13,808
Prepaid and other current assets 613 2,054
Customer deposits 6,102 (6,567)
Accounts payable 1,112 (1,899)
Accrued expenses and other current liabilities 288 (8,241)
Other assets and liabilities 2,109 (943)
Net cash provided by operating activities 40,019 44,445
Investing activities:    
Proceeds from the disposal of property, plant & equipment 2,667 3,226
Change in restricted cash and investments 6,526 (14)
Capital expenditures (12,588) (16,545)
Acquisitions   (598)
Purchases of marketable securities (17,500) (17,547)
Sales of marketable securities 12,323 7,990
Other investing activities 253 1,333
Net cash used in investing activities (8,319) (22,155)
Financing activities:    
Payments on long-term debt and capital lease obligations (358) (187)
Payment of cash dividends (8,399) (19,617)
Other financing activities 314 1,423
Net cash used in financing activities (8,443) (18,381)
Effect of exchange rate changes on cash (54) 15
Net increase (decrease) in cash & cash equivalents 23,203 3,924
Cash & cash equivalents at beginning of period 72,601 79,721
Cash & cash equivalents at end of period $ 95,804 $ 83,645