v3.26.1
CONSOLIDATED STATEMENTS OF CASH FLOW - USD ($)
$ in Thousands
 12 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2024
OPERATING ACTIVITIES      
Net income $ 350,414 $ 98,708 $ 113,641
Adjustments to reconcile to cash from operations:      
Depreciation 133,633 125,709 123,130
Amortization 9,522 10,787 11,557
Stock-based compensation expense 34,851 22,115 24,340
Restructuring and other charges, net 8,909 11,813 12,152
Deferred income taxes 44,686 (13,084) (8,017)
Gain on insurance recoveries (3,400) (12,100) 0
Loss on divestiture 0 1,512 0
Debt refinancing charge (Note 11) 1,261 0 0
Other 10,648 2,048 1,405
Changes in certain assets and liabilities:      
Accounts receivable (116,866) 9,068 (2,624)
Inventories (593,396) (17,396) 36,835
Other current assets (102,093) 2,002 (2,702)
Accounts payable and accrued liabilities 226,097 (6,157) (6,086)
Accrued income taxes 11,006 (12,267) (16,219)
Accrued pension and postretirement benefits (7,051) (7,393) (9,481)
Other (12,229) (7,041) (823)
Net cash flow (used for) provided by operating activities (4,008) 208,324 277,108
INVESTING ACTIVITIES      
Purchases of property, plant and equipment (76,905) (88,971) (107,561)
Disposals of property, plant and equipment 1,775 1,841 5,425
Proceeds from divestiture 0 18,689 0
Proceeds from insurance recoveries 3,400 11,793 0
Business acquisitions 0 0 (4,010)
Other 435 (5,177) (3,280)
Net cash flow used for investing activities (71,295) (61,825) (109,426)
FINANCING ACTIVITIES      
Net increase (decrease) in notes payable 11,293 (459) 714
Net increase in revolving and other lines of credit 20,000 0 0
Term debt borrowings 296,994 0 0
Term debt repayments (209,387) 0 0
Purchase of capital stock (10,106) (60,120) (65,574)
The effect of employee benefit and stock plans and dividend reinvestment (8,086) (7,059) (9,982)
Cash dividends paid to Shareholders (60,847) (61,852) (63,431)
Other (8,227) (4,429) (3,474)
Net cash flow provided by (used for) financing activities 31,634 (133,919) (141,747)
Effect of exchange rate changes on cash and cash equivalents (1,080) (11) (3,985)
CASH AND CASH EQUIVALENTS      
Net (decrease) increase in cash and cash equivalents (44,749) 12,569 21,950
Cash and cash equivalents, beginning of year 140,540 127,971 106,021
Cash and cash equivalents, end of year $ 95,791 $ 140,540 $ 127,971