Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements of Cash Flows (Unaudited)

v3.20.2
Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
 3 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Cash Flows from Operating Activities    
Net income $ 9,353 $ 14,106
Depreciation and amortization 4,140 3,976
Share-based compensation expense 254 151
Non-cash operating lease cost 7,492 8,022
Deferred income taxes (1,425) 564
Restructuring and other impairment charges, net of gains 623 (6,717)
Restructuring payments (59) (4,071)
Loss on disposal of property, plant and equipment 0 9
Other (36) 79
Change in operating assets and liabilities, net of effects of acquisitions:    
Accounts receivable, net (5,149) 1,767
Inventories, net (946) 8,999
Prepaid expenses and other current assets (6,717) (3,980)
Customer deposits and deferred revenue 25,877 7,943
Accounts payable and accrued expenses 8,111 (4,763)
Accrued compensation and benefits 6,042 2,734
Operating lease liabilities (8,390) (8,066)
Other assets and liabilities 3,020 2,643
Net cash provided by operating activities 42,190 23,396
Cash Flows from Investing Activities    
Proceeds from disposal of property, plant and equipment 0 11,615
Capital expenditures (2,439) (3,414)
Acquisitions, net of cash acquired 0 (1,281)
Other investing activities 0 20
Net cash (used in) provided by investing activities (2,439) 6,940
Cash Flows from Financing Activities    
Payments on borrowings (50,000) 0
Payment of cash dividends 0 (5,075)
Other financing activities (148) (119)
Net cash used in financing activities (50,148) (5,194)
Effect of exchange rate changes on cash and cash equivalents 94 (90)
Net (decrease) increase in cash and cash equivalents (10,303) 25,052
Cash and cash equivalents at beginning of period 72,276 20,824
Cash and cash equivalents at end of period $ 61,973 $ 45,876