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 ($)
3 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Operating activities:    
Net income $ 13,147,000 $ 11,879,000
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 4,783,000 4,719,000
Compensation expense related to share-based payment awards 427,000 317,000
Provision (benefit) for deferred income taxes (218,000) 124,000
Loss on disposal of property, plant and equipment 106,000 1,920,000
Other (482,000) (37,000)
Change in operating assets and liabilities, net of effects of acquired businesses:    
Accounts receivable (158,000) (2,663,000)
Inventories (4,651,000) (10,639,000)
Prepaid and other current assets 1,519,000 (4,546,000)
Customer Deposits (1,393,000) 5,574,000
Accounts payable 1,202,000 (4,269,000)
Accrued expenses and other current liabilities 1,269,000 5,687,000
Other assets and liabilities 503,000 (1,258,000)
Net cash provided by operating activities 16,054,000 6,808,000
Investing activities:    
Proceeds from the disposal of property, plant & equipment 1,000 3,305,000
Change in restricted cash and investments 207,000 500,000
Capital expenditures $ (3,138,000) (5,410,000)
Acquisitions (net of cash acquired) (1,991,000)
Sales of marketable securities $ 2,150,000 5,075,000
Other investing activities 52,000 44,000
Net cash provided by (used in) investing activities (728,000) 1,523,000
Financing activities:    
Payments on long-term debt and capital lease obligations (809,000) (150,000)
Payment of cash dividends (3,992,000) (2,900,000)
Other financing activities, net 447,000 4,000
Net cash provided by (used in) financing activities (4,354,000) (3,046,000)
Effect of exchange rate changes on cash (146,000) (153,000)
Net increase in cash & cash equivalents 10,826,000 5,132,000
Cash & cash equivalents at beginning of period 76,182,000 109,176,000
Cash & cash equivalents at end of period $ 87,008,000 $ 114,308,000