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 ($)
 6 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Operating activities:    
Net income $ 29,681,000 $ 21,917,000
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 9,589,000 9,394,000
Compensation expense related to share-based payment awards 914,000 629,000
Provision (benefit) for deferred income taxes 996,000 914,000
(Gain) loss on disposal of property, plant and equipment (1,249,000) 2,843,000
Other (850,000) (47,000)
Change in operating assets and liabilities, net of effects of acquired businesses:    
Accounts receivable 2,488,000 1,362,000
Inventories (5,582,000) (4,869,000)
Prepaid and other current assets 3,780,000 (2,611,000)
Customer Deposits (8,578,000) (7,674,000)
Accounts payable (2,721,000) (4,819,000)
Accrued expenses and other current liabilities (8,539,000) (5,876,000)
Other assets and liabilities 1,110,000 (703,000)
Net cash provided by operating activities 21,039,000 10,460,000
Investing activities:    
Proceeds from the disposal of property, plant & equipment 1,872,000 6,849,000
Change in restricted cash and investments 204,000 499,000
Capital expenditures $ (7,374,000) (13,115,000)
Acquisitions (net of cash acquired) (1,991,000)
Sales of marketable securities $ 2,150,000 8,930,000
Other investing activities 93,000 90,000
Net cash provided by (used in) investing activities (3,055,000) 1,262,000
Financing activities:    
Payments on long-term debt and capital lease obligations (18,225,000) $ (288,000)
Purchases and retirements of company stock (11,433,000)
Payment of cash dividends $ (7,984,000) $ (6,381,000)
Payment of deferred financing costs (1,020,000)
Other financing activities, net $ 825,000 122,000
Net cash provided by (used in) financing activities (36,817,000) (7,567,000)
Effect of exchange rate changes on cash (318,000) (389,000)
Net increase (decrease) in cash & cash equivalents (19,151,000) 3,766,000
Cash & cash equivalents at beginning of period 76,182,000 109,176,000
Cash & cash equivalents at end of period $ 57,031,000 $ 112,942,000