v3.26.1
Condensed Consolidated Statements of Cash Flows
$ in Thousands
 9 Months Ended
Mar. 31, 2026
USD ($)
Mar. 31, 2025
USD ($)
Cash Flows From Operating Activities:    
Net income $ 19,442 $ 10,403
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 28,664 27,412
(Gain) loss on sales of assets 385 (12)
Deferred income taxes (3,333) (4,565)
Asset impairment (gain on disposal) 294 (1,264)
Stock-based compensation 6,036 4,528
Other, net 1,172 3,451
Change in operating assets and liabilities:    
Receivables (9,847) 32,464
Contract assets (4,059) (2,058)
Inventories (15,806) 39,879
Prepaid expenses and other assets (937) 13,164
Accounts payable 15,093 (162)
Advances from customers (13,150) 2,345
Accrued expenses and taxes payable 5,883 (19,715)
Net cash provided by operating activities 29,837 105,870
Cash Flows From Investing Activities:    
Capital expenditures (43,035) (23,656)
Proceeds from sales of assets 4,010 288
Purchases of capitalized software (147) (371)
Proceeds from Divestiture of Businesses 1,048 18,507
Other, net 34 72
Net cash used for investing activities (38,090) (5,160)
Cash Flows From Financing Activities:    
Proceeds from credit facilities 43,000 100,000
Repayments of Lines of Credit (33,750) (206,250)
Net change in revolving credit facilities 6,157 (9,830)
Repurchases of common stock (9,638) (9,032)
Payments related to tax withholding for stock-based compensation (3,314) (1,004)
Debt issuance costs 0 (499)
Net cash provided by (used for) financing activities 2,455 (126,615)
Effect of Exchange Rate Change on Cash and Cash Equivalents 540 13
Net Decrease in Cash, Cash Equivalents, and Restricted Cash (5,258) (25,892)
Cash, Cash Equivalents, and Restricted Cash at Beginning of Period (1) 89,467 78,779
Cash, Cash Equivalents, and Restricted Cash at End of Period (1) 84,209 [1] 52,887
Cash paid during the period for:    
Income taxes 11,405 9,229
Interest expense 6,648 15,310
Non-cash investing activity:    
Unpaid purchases of property and equipment at the end of the period 1,354 $ 2,691
Cash and cash equivalents 82,462  
Restricted Cash $ 1,747  
[1]
(1) The following table reconciles cash and cash equivalents in the balance sheets to cash, cash equivalents, and restricted cash per the statements of cash flows. The restricted cash included in Prepaid expenses and other current assets on the balance sheet represents funds held by the Company for a foreign subsidiary’s employee savings plan.