Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Cash Flows

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Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Jun. 30, 2010
Operating activities:      
Net income (loss) $ 49,694 $ 29,250 $ (44,316)
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 18,581 20,816 29,398
Compensation expense related to share-based payment awards 1,702 931 2,276
Provision (benefit) for deferred income taxes (19,522) (63) 33,789
Loss (gain) on disposal of property, plant and equipment 1,648 325 (1,303)
Other (42) (132) 12
Change in operating assets and liabilities, net of effects of acquired businesses:      
Accounts receivable (456) 187 (4,197)
Inventories (12,531) (5,278) 22,863
Prepaid and other current assets (755) 4,407 (5,179)
Customer deposits 2,331 7,861 20,759
Accounts payable 357 5,595 (836)
Accrued expenses and other current liabilities (2,125) (884) 3,631
Other assets and liabilities (1,181) 147 (5,566)
Net cash provided by operating activities 37,701 63,162 51,331
Investing activities:      
Proceeds from the disposal of property, plant & equipment 1,873 3,196 13,198
Change in restricted cash and investments 975 927 (17,318)
Capital expenditures (22,884) (9,094) (9,922)
Acquistions (520) (2,957) (50)
Purchases of marketable securities (3,647) (9,466) (11,364)
Sales of marketable securities 7,230 7,319 200
Other investing activities 816 432 165
Net cash used in investing activities (16,157) (9,643) (25,091)
Financing activities:      
Payments on long-term debt and capital lease obligations (12,204) (37,887) (42)
Purchases and retirements of company stock (1,350) (5,377)  
Payment of cash dividends (8,062) (5,754) (5,801)
Other financing activities 738 (61) (198)
Net cash used in financing activities (20,878) (49,079) (6,041)
Effect of exchange rate changes on cash 536 227 693
Net increase in cash & cash equivalents 1,202 4,667 20,892
Cash & cash equivalents - beginning of year 78,519 73,852 52,960
Cash & cash equivalents - end of year 79,721 78,519 73,852
Income taxes paid (received) 14,731 (8,595) (8,213)
Interest paid 8,693 10,838 11,097
Non-cash capital lease obligations incurred $ 1,590