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, 2022
Sep. 30, 2021
Net income $ 29,880 $ 20,153
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 3,857 4,325
Share-based compensation expense 268 277
Non-cash operating lease cost 7,802 7,473
Deferred income taxes (848) 751
Restructuring and other impairment charges, net of gains (1,996) 255
Restructuring payments (238) (417)
Loss on disposal of property, plant and equipment 36 5
Other 331 (10)
Change in operating assets and liabilities    
Accounts receivable, net 8,412 1,084
Inventories, net 8,848 (14,757)
Prepaid expenses and other current assets (639) (2,808)
Customer deposits (12,192) 9,563
Accounts payable and accrued expenses (668) (1,184)
Accrued compensation and benefits (2,711) (3,971)
Operating lease liabilities (8,230) (8,521)
Other assets and liabilities 6,510 4,771
Net cash provided by operating activities 38,422 16,989
Cash Flows from Investing Activities    
Proceeds from sales of property, plant and equipment 8,103 0
Capital expenditures (3,179) (1,529)
Purchases of investments (64,953) 0
Proceeds from sales of investments 26,504 0
Net cash used in investing activities (33,525) (1,529)
Cash Flows from Financing Activities    
Payment of cash dividends (20,879) (25,372)
Taxes paid related to net share settlement of equity awards (765) (778)
Payments on financing leases (133) (132)
Net cash used in financing activities (21,777) (26,282)
Effect of exchange rate changes on cash and cash equivalents (273) (109)
Net decrease in cash, cash equivalents and restricted cash (17,153) (10,931)
Cash, cash equivalents and restricted cash at beginning of period 110,871 104,596
Cash, cash equivalents and restricted cash at end of period $ 93,718 $ 93,665