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
3 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Operating activities:    
Net income $ 11,879 $ 9,034
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 4,719 4,289
Compensation expense related to share-based payment awards 317 373
Provision (benefit) for deferred income taxes 124 57
Loss on disposal of property, plant and equipment 1,920 369
Other (37) 246
Change in operating assets and liabilities, net of effects of acquired businesses:    
Accounts receivable (2,663) (272)
Inventories (10,639) (4,408)
Prepaid and other current assets (4,546) 60
Customer deposits 5,574 8,303
Accounts payable (4,269) 2,788
Accrued expenses and other current liabilities 5,687 429
Other assets and liabilities (1,258) (123)
Net cash provided by operating activities 6,808 21,145
Investing activities:    
Proceeds from the disposal of property, plant & equipment 3,305 770
Change in restricted cash and investments 500 499
Capital expenditures (5,410) (3,305)
Acquisitions (1,991)  
Purchases of marketable securities   (3,990)
Sales of marketable securities 5,075 5,920
Other investing activities 44 83
Net cash used in investing activities 1,523 (23)
Financing activities:    
Payments on long-term debt and capital lease obligations (150) (118)
Payment of cash dividends (2,900) (2,605)
Other financing activities 4 140
Net cash used in financing activities (3,046) (2,583)
Effect of exchange rate changes on cash (153) 84
Net increase (decrease) in cash & cash equivalents 5,132 18,623
Cash & cash equivalents at beginning of period 109,176 72,601
Cash & cash equivalents at end of period $ 114,308 $ 91,224