| Jun'19 | Jun'18 | Jun'17 | Jun'16 | Jun'15 | Jun'14 | Jun'13 | Jun'12 | Jun'11 | Jun'10 | Jun'09 |
|---|---|---|---|---|---|---|---|---|---|---|
OPERATING ACTIVITIES | ||||||||||
Goodwill impairment charge | ||||||||||
- | - | - | 12,500 | 0 | 0 | - | - | - | - | - |
Non-cash excess inventory write-down | ||||||||||
- | - | - | 22,500 | 0 | 0 | - | - | - | - | - |
Non-cash restructuring and asset impairment charges | ||||||||||
- | - | - | 7,600 | 7,600 | 0 | 0 | - | - | - | - |
Net income | ||||||||||
167,000 | 188,500 | 47,000 | 11,300 | 58,700 | 132,800 | 146,500 | 121,600 | 71,700 | 2,100 | 47,900 |
Adjustments to reconcile net income to net cash provided from operating activities: | ||||||||||
Depreciation and amortization | ||||||||||
121,500 | 116,600 | 117,800 | 119,300 | 122,300 | 111,900 | 104,100 | 83,800 | 66,500 | 59,100 | 52,700 |
Deferred income taxes | ||||||||||
16,500 | -61,100 | 41,600 | 800 | 60,400 | -9,700 | 9,400 | 36,800 | -5,000 | -900 | 16,400 |
Net pension expense | ||||||||||
11,600 | 14,200 | 48,400 | 53,800 | 44,500 | 57,900 | 68,800 | 42,100 | 60,800 | 61,300 | 20,600 |
Payments from qualified pension plan associated with restructuring charges | ||||||||||
- | - | - | 9,400 | 8,300 | 0 | 0 | - | - | - | - |
Share-based compensation expense | ||||||||||
17,600 | 17,600 | 13,000 | 8,700 | 10,000 | 11,400 | 13,100 | 13,300 | - | - | - |
Net loss on disposals of property, plant and equipment and assets held for sale | ||||||||||
-1,200 | -2,500 | -2,500 | -600 | -1,200 | -1,500 | -2,200 | -2,000 | -800 | -2,000 | -1,700 |
Loss on divestiture of business | ||||||||||
0 | 0 | -3,200 | 0 | 0 | - | - | - | - | - | - |
Gain on insurance recovery | ||||||||||
11,400 | 0 | 0 | - | - | - | - | - | - | - | - |
Changes in working capital and other: | ||||||||||
Accounts receivable | ||||||||||
5,300 | 86,800 | 34,600 | -48,200 | -25,400 | -5,600 | -12,600 | 31,100 | 56,900 | 62,500 | -144,000 |
Inventories | ||||||||||
94,000 | -400 | 74,600 | -1,600 | -36,000 | 37,000 | 14,900 | 77,300 | 116,100 | 19,100 | -13,400 |
Other current assets | ||||||||||
-6,800 | 9,600 | -2,800 | 2,100 | 300 | 5,000 | -11,500 | -1,600 | -6,400 | -24,200 | 26,700 |
Accounts payable | ||||||||||
20,100 | 10,700 | 42,500 | -7,600 | -59,900 | 16,800 | -10,300 | -3,900 | 34,500 | 60,800 | -85,700 |
Accrued liabilities | ||||||||||
-4,900 | 28,700 | 26,600 | -13,500 | -12,100 | -21,100 | 9,900 | 20,100 | 4,600 | 13,400 | -33,500 |
Boarhead settlement | ||||||||||
- | - | - | - | - | - | - | 21,800 | - | - | - |
Pension plan contributions | ||||||||||
5,500 | 6,700 | 100,000 | 0 | 7,200 | 6,300 | 144,900 | 30,000 | 3,900 | - | - |
Other postretirement plan contributions | ||||||||||
3,100 | 3,400 | 3,200 | 13,000 | 13,200 | 13,100 | 12,800 | 10,800 | - | - | - |
Other, net | ||||||||||
5,700 | 2,400 | 2,700 | 2,700 | -900 | 6,100 | 6,700 | 200 | -800 | 25,200 | 5,300 |
Net cash provided from operating activities | ||||||||||
232,400 | 209,200 | 130,300 | 257,400 | 282,600 | 239,600 | 188,500 | 146,200 | 64,200 | 115,200 | 145,500 |
INVESTING ACTIVITIES | ||||||||||
Purchases of property, plant, equipment and software | ||||||||||
180,300 | 135,000 | 98,500 | 95,200 | 170,500 | 349,200 | 310,200 | 157,800 | 79,600 | 44,200 | 116,300 |
Proceeds from disposals of property, plant and equipment and assets held for sale | ||||||||||
400 | 1,900 | 2,500 | 1,400 | 200 | 300 | 1,200 | 1,200 | 1,100 | 1,000 | 100 |
Proceeds from insurance recovery | ||||||||||
11,400 | 0 | 0 | - | - | - | - | - | - | - | - |
Acquisition of business, net of cash acquired | ||||||||||
79,000 | 13,300 | 35,300 | 0 | 0 | - | - | 12,900 | 45,400 | - | - |
Proceeds from note receivable from sale of equity method investment | ||||||||||
0 | 6,300 | 6,300 | 0 | 0 | - | - | - | - | - | - |
Proceeds from sales and maturities of marketable securities | ||||||||||
2,900 | 700 | 900 | 900 | 300 | 300 | 100 | 30,500 | 166,000 | 55,300 | 44,800 |
Proceeds from divestiture of business | ||||||||||
0 | 0 | 12,000 | 0 | 0 | - | - | - | - | - | 13,400 |
Capital contributions to equity method investment | ||||||||||
- | - | - | - | - | - | - | 1,800 | 6,200 | - | - |
Purchases of marketable securities | ||||||||||
- | - | - | - | - | - | - | - | 91,300 | 145,000 | 49,500 |
Proceeds received from sale of equity method investment | ||||||||||
- | - | - | 6,300 | 0 | 0 | 7,900 | - | - | - | - |
Other | ||||||||||
- | - | - | -4,000 | 0 | 0 | - | - | - | - | - |
Net cash used for investing activities | ||||||||||
-244,600 | -139,400 | -112,100 | -82,600 | -170,000 | -348,600 | -301,000 | -140,800 | -55,400 | -132,900 | -107,500 |
FINANCING ACTIVITIES | ||||||||||
Credit agreement borrowings | ||||||||||
163,900 | 0 | 122,100 | 77,000 | 545,100 | - | - | - | - | - | - |
Credit agreement repayments | ||||||||||
163,900 | 0 | 122,100 | 77,000 | 545,100 | - | - | - | - | - | - |
Net change in short-term credit agreement borrowings | ||||||||||
19,700 | 0 | 0 | - | - | - | - | - | - | - | - |
Proceeds received from sale of noncontrolling interest | ||||||||||
- | - | - | - | - | - | - | - | 9,100 | - | - |
Dividends paid | ||||||||||
38,600 | 34,400 | 34,100 | 34,800 | 37,900 | 38,500 | 38,300 | 33,700 | 32,100 | 31,900 | 31,500 |
Purchases of treasury stock | ||||||||||
- | - | - | 123,900 | 124,500 | 0 | 0 | - | - | - | -46,100 |
Payments on seller financed debt related to purchase of software | ||||||||||
- | - | - | 4,900 | 0 | 0 | - | - | - | - | - |
Proceeds from issuance of long-term debt, net of discounts and offering costs | ||||||||||
- | - | - | - | - | - | 297,000 | - | 247,400 | - | - |
Payments on long-term debt assumed in acquisition of business | ||||||||||
- | - | - | - | - | - | - | 153,700 | 12,400 | - | - |
Payments on long-term debt | ||||||||||
0 | 55,000 | 0 | 0 | - | - | 101,000 | 100,000 | - | 20,000 | 23,000 |
Proceeds from stock options exercised | ||||||||||
3,900 | 12,900 | 2,200 | 500 | 2,300 | 7,100 | 2,300 | 1,800 | 1,600 | 200 | 100 |
Withholding tax payments on share-based compensation awards | ||||||||||
4,400 | 2,400 | 1,000 | 500 | - | - | - | - | - | - | - |
Payments of debt issue costs | ||||||||||
0 | 0 | 1,400 | 0 | 0 | - | - | - | 1,400 | 2,000 | - |
Purchase of subsidiary shares from noncontrolling interest | ||||||||||
- | - | - | - | - | - | 8,400 | - | - | - | - |
Tax benefits on share-based compensation | ||||||||||
0 | 0 | 500 | 0 | 700 | 2,300 | 3,900 | 2,200 | 1,700 | 200 | - |
Net cash provided from financing activities | ||||||||||
-19,400 | -78,900 | -33,800 | -163,600 | -159,400 | -29,100 | 155,500 | -283,400 | 213,900 | -53,500 | -100,500 |
Effect of exchange rate changes on cash and cash equivalents | ||||||||||
2,400 | -1,000 | -100 | 800 | -3,200 | 600 | 3,500 | -3,500 | 4,400 | -3,500 | -700 |
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS | ||||||||||
-29,200 | -10,100 | -15,700 | 12,000 | -50,000 | -137,500 | 46,500 | -281,500 | 227,100 | -74,700 | -63,200 |
SUPPLEMENTAL CASH FLOW INFORMATION: | ||||||||||
Non-cash investing activities: | ||||||||||