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
 3 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Operating activities:    
Net income $ 7,415 $ 11,529
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 5,086 4,999
Compensation expense related to share-based payment awards 444 804
Provision (benefit) for deferred income taxes 821 169
(Gain) loss on disposal of property, plant and equipment 346 666
Other 44 (148)
Change in operating assets and liabilities, net of effects of acquired businesses:    
Accounts receivable 2,205 (400)
Inventories (8,022) 2,980
Prepaid and other current assets (2,105) (1,493)
Customer Deposits 6,205 1,434
Accounts payable 270 2,052
Accrued expenses and other current liabilities 5,182 4,554
Other assets and liabilities (259) 370
Net cash provided by operating activities 17,632 27,516
Investing activities:    
Proceeds from the disposal of property, plant & equipment 4 1,258
Change in restricted cash and investments 284 518
Capital expenditures (2,653) (7,440)
Other investing activities 47 42
Net cash provided by (used in) investing activities (2,318) (5,622)
Financing activities:    
Payments on long-term debt and capital lease obligations (14,059) (829)
Purchases and retirements of company stock (1,100)
Payment of cash dividends (5,239) (4,738)
Other financing activities 4 306
Net cash provided by (used in) financing activities (20,394) (5,261)
Effect of exchange rate changes on cash 107 (38)
Net increase (decrease) in cash & cash equivalents (4,973) 16,595
Cash & cash equivalents at beginning of period 57,701 52,659
Cash & cash equivalents at end of period $ 52,728 $ 69,254