v3.25.2
Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2023
Cash Flows from Operating Activities      
Net income $ 57,684 $ 73,074 $ 138,992
Income (loss) from discontinued operations (42) (517) (161)
Income from continuing operations 57,726 73,591 139,153
Adjustments to reconcile net income (loss) to net cash provided by operating activities:      
Depreciation and amortization 35,438 28,140 28,474
Stock-based compensation 8,691 9,811 11,710
Gain on sale of real estate and equipment 102 0 (199)
Non-cash portion of restructuring charge 10 151 (444)
(Gain) loss on sale of business 0 (274) (62,105)
Deferred income taxes (9,666) (2,759) (7,125)
Life insurance benefit (223) 0 0
Contributions to defined benefit plans (7,796) (10,238) (451)
Increase/(decrease) in cash from changes in assets and liabilities, net of effects from discontinued operations and business acquisitions:      
Accounts receivables, net (13,809) 16,221 (9,643)
Inventories (16,101) 17,085 (912)
Prepaid expenses and other assets 19,959 1,890 (5,962)
Accounts payable 14,021 (13,927) (3,145)
Accrued liabilities, pension and other liabilities (23,774) (21,669) (5,470)
Income taxes payable 5,069 (4,676) 6,887
Net cash provided by operating activities from continuing operations 69,647 93,346 90,768
Net cash provided by (used for) operating activities from discontinued operations (52) (690) 33
Net cash provided by operating activities 69,595 92,656 90,801
Cash Flows from Investing Activities      
Expenditures for property, plant and equipment (28,343) (20,298) (24,270)
Expenditures for acquisitions, net of cash acquired (478,890) (48,835) 0
Expenditures for executive life insurance policies (132) (270) (278)
Proceeds from sale of business 0 7,774 67,023
Proceeds from sale of real estate and equipment 438 0 1,742
Proceeds withdrawn from life insurance policies 3,494 0 0
Other investing activity 0 0 (2,654)
Net cash provided by (used for) investing activities from continuing operations (503,433) (61,629) 41,563
Net cash provided by investing activities from discontinued operations 0 0 0
Net cash (used for) investing activities (503,433) (61,629) 41,563
Cash Flows from Financing Activities      
Proceeds from borrowings 792,313 0 224,500
Payments of debt (389,109) (25,000) (226,200)
Contingent consideration payment 0 0 (1,167)
Activity under share-based payment plans 2,226 1,525 1,341
Purchase of treasury stock and other (9,906) (31,824) (25,527)
Cash dividends paid (15,033) (13,902) (12,985)
Net cash provided by (used for) financing activities 380,491 (69,201) (40,038)
Effect of exchange rate changes on cash 3,686 (3,329) (1,464)
Net change in cash and cash equivalents (49,661) (41,503) 90,862
Cash and cash equivalents at beginning of year 154,203 195,706 104,844
Cash and cash equivalents at end of year 104,542 154,203 195,706
Supplemental Disclosure of Cash Flow Information:      
Interest 21,157 4,089 4,232
Income taxes, net of refunds $ 27,732 $ 27,966 $ 26,197