v3.22.4
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOW (UNAUDITED) - USD ($)
$ in Thousands
 6 Months Ended
Dec. 31, 2022
Dec. 31, 2021
OPERATING ACTIVITIES    
Net income (loss) $ 52,561 $ 70,477
Adjustments to reconcile to cash from operations:    
Depreciation 60,932 58,229
Amortization 6,312 6,517
Stock-based compensation expense 13,909 13,374
Restructuring and other charges, net (1,505) (3,246)
Gain on divestiture 0 1,001
Deferred income taxes (2,649) 108
Other 1,769 22
Changes in certain assets and liabilities:    
Accounts receivable 3,961 23,017
Inventories (32,901) (67,031)
Accounts payable and accrued liabilities (52,835) (36,616)
Accrued income taxes 1,223 8,562
Accrued pension and postretirement benefits (4,475) (12,884)
Other 6,207 (1,724)
Net cash flow (used in) provided by operating activities 52,509 57,804
INVESTING ACTIVITIES    
Purchases of property, plant and equipment (50,622) (37,736)
Disposals of property, plant and equipment 2,466 598
Proceeds from divestiture (Note 3) 0 1,001
Other 88 63
Net cash flow used in investing activities (48,068) (36,074)
FINANCING ACTIVITIES    
Net increase (decrease) in notes payable (7) (5,129)
Net increase revolving and other lines of credit 57,800 9,000
Purchase of capital stock (30,068) (35,508)
The effect of employee benefit and stock plans and dividend reinvestment (5,753) (6,774)
Cash dividends paid to Shareholders (32,371) (33,460)
Other (755) (678)
Net cash flow provided by (used in) financing activities (11,154) (72,549)
Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash, and Restricted Cash Equivalents, Continuing Operations (2,089) (1,429)
Cash, Cash Equivalents, Restricted Cash, and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect $ (8,802) $ (52,248)