| Jun'19 | Jun'18 | Jun'17 | Jun'16 | Jun'15 | Jun'14 | Jun'13 |
|---|---|---|---|---|---|---|
Cash Flows From Operating Activities: | ||||||
Net income | ||||||
31,558 | 16,752 | 34,179 | 22,287 | 26,205 | 24,613 | 21,520 |
Adjustments to reconcile net income to net cash provided by (used for) operating activities: | ||||||
Depreciation and amortization | ||||||
28,873 | 26,376 | 23,904 | 19,869 | 19,607 | 17,889 | 17,447 |
(Gain) loss on sales of assets | ||||||
4 | 7 | 33 | 145 | 33 | -10 | 89 |
Restructuring | ||||||
- | - | - | - | - | 311 | 188 |
Deferred income tax and other deferred charges | ||||||
-1,541 | 1,213 | -115 | 1,449 | 1,100 | 1,246 | 3,729 |
Deferred tax valuation allowance | ||||||
20 | -638 | 0 | 0 | -92 | -1,521 | 388 |
Stock-based compensation | ||||||
5,678 | 5,299 | 3,484 | 3,406 | 3,506 | 3,298 | 2,397 |
Excess tax benefits from stock-based compensation | ||||||
- | - | - | 203 | 0 | 0 | - |
Bargain purchase gain | ||||||
0 | 0 | 925 | 0 | 0 | - | - |
Other, net | ||||||
-431 | -487 | -359 | -137 | -276 | 183 | -671 |
Change in operating assets and liabilities: | ||||||
Receivables | ||||||
36,535 | 2,876 | 19,267 | 9,192 | 14,731 | 10,076 | 24,589 |
Contract assets | ||||||
8,688 | 0 | 0 | - | - | - | - |
Inventories | ||||||
35,094 | 55,769 | 8,549 | 3,513 | 12,192 | 12,783 | -1,462 |
Prepaid expenses and other assets | ||||||
6,284 | -5,092 | 3,976 | 3,713 | 4,640 | 1,073 | 395 |
Accounts payable | ||||||
8,001 | 33,272 | 9,486 | 8,270 | 13,641 | 9,486 | 11,981 |
Accrued expenses and taxes payable | ||||||
6,837 | 10,999 | 8,207 | -1,820 | -4,583 | 8,089 | 5,854 |
Net cash provided by (used for) operating activities | ||||||
-6,748 | 40,200 | 46,754 | 36,832 | 28,064 | 39,306 | 40,564 |
Cash Flows From Investing Activities: | ||||||
Capital expenditures | ||||||
24,665 | 25,876 | 33,254 | 33,664 | 33,042 | 20,404 | 13,861 |
Proceeds from sales of assets | ||||||
1,036 | 261 | 490 | 209 | 310 | 254 | 316 |
Payments for acquisitions, net of cash acquired | ||||||
43,889 | 0 | 2,138 | 8,267 | 0 | - | - |
Payments for acquisitions | ||||||
- | - | - | - | - | 0 | - |
Purchases of capitalized software | ||||||
1,178 | 643 | 1,018 | 968 | 3,851 | 378 | 629 |
Other, net | ||||||
13 | -44 | -211 | -100 | -67 | -537 | -393 |
Net cash used for investing activities | ||||||
-68,709 | -26,214 | -35,709 | -42,590 | -36,516 | -19,991 | -13,781 |
Cash Flows From Financing Activities: | ||||||
Proceeds from credit facilities | ||||||
91,500 | 0 | 4,000 | 12,000 | 0 | 0 | - |
Payments on credit facilities | ||||||
12,843 | 0 | 13,000 | 3,000 | 0 | 0 | - |
Additional net change in revolving credit facilities | ||||||
26,415 | -1,542 | 10,000 | 0 | 0 | - | - |
Excess tax benefits from stock-based compensation | ||||||
- | - | - | 203 | 0 | 0 | - |
Repurchases of common stock | ||||||
23,431 | 9,553 | 22,325 | 12,606 | 0 | 0 | - |
Payments related to tax withholding for stock-based compensation | ||||||
1,766 | 1,508 | 709 | 897 | 0 | 0 | - |
Net transfers from Kimball International, Inc. | ||||||
- | - | - | - | 50,295 | -11,620 | -30,617 |
Debt issuance costs | ||||||
445 | 0 | 0 | - | 123 | 0 | 0 |
Net cash (used for) provided by financing activities | ||||||
79,430 | -12,603 | -22,034 | -4,300 | 50,172 | -11,620 | -30,617 |
Effect of Exchange Rate Change on Cash and Cash Equivalents | ||||||
-1,125 | 490 | 806 | -384 | -2,800 | 141 | 283 |
Net Increase (Decrease) in Cash and Cash Equivalents | ||||||
2,848 | 1,873 | -10,183 | -10,442 | 38,920 | 7,836 | -3,551 |
Supplemental Disclosure of Cash Flow Information | ||||||