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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Jun. 30, 2013
CASH FLOWS FROM OPERATING ACTIVITIES      
Net income $ 126,296 $ 135,919 $ 152,676
Reconciliation of net income to net cash provided by operating activities:      
Depreciation and amortization 66,083 65,181 54,078
Non-cash interest expense   11,421 12,868
Amortization of deferred financing costs 2,639 2,940 2,073
Loss on extinguishment of debt 272 4,116  
Stock-based compensation expense 14,072 11,557 8,832
Deferred income tax expense 27,022 15,559 31,102
Equity in earnings of unconsolidated joint ventures (874) (1,656) (2,620)
Changes in operating assets and liabilities, net of effect of business acquisitions:      
Accounts receivable, net 18,889 91,010 32,265
Prepaid expenses and other assets (2,057) (4,666) (6,112)
Accounts payable and other accrued expenses (21,484) (119,997) (5,750)
Accrued compensation and benefits 2,776 (20,416) (23,744)
Income taxes payable and receivable (3,630) 6,710 (17,188)
Deferred rent (4,323) (1,151) (2,861)
Supplemental retirement savings plan obligations and other long-term liabilities (2,466) 2,116 13,712
Net cash provided by operating activities 223,215 198,643 249,331
CASH FLOWS FROM INVESTING ACTIVITIES      
Capital expenditures (17,444) (15,279) (15,439)
Cash paid for business acquisitions, net of cash acquired (14,972) (839,050) (107,021)
Net investments in unconsolidated joint ventures 391 3,550 (838)
Other 629 (876) (4,119)
Net cash used in investing activities (31,396) (851,655) (127,417)
CASH FLOWS FROM FINANCING ACTIVITIES      
Proceeds from borrowings under bank credit facilities, net of financing costs 438,969 1,577,000 838,000
Principal payments made under bank credit facilities (650,141) (902,781) (790,500)
Payment of financing costs under bank credit facilities (2,279) (13,369) (612)
Payment of contingent consideration   (3,294) (3,187)
Proceeds from employee stock purchase plans 3,287 3,527 4,505
Proceeds from exercise of stock options 691   13,050
Repurchases of common stock (3,400) (3,653) (127,529)
Payment of taxes for equity transactions (7,378) (9,764) (7,605)
Other 1,390 3,836 853
Net cash (used in) provided by financing activities (218,861) 651,502 (73,025)
Effect of exchange rate changes on cash and cash equivalents (2,055) 1,634 (292)
Net (decrease) increase in cash and cash equivalents (29,097) 124 48,597
Cash and cash equivalents, beginning of year 64,461 64,337 15,740
Cash and cash equivalents, end of year 35,364 64,461 64,337
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION      
Cash paid for income taxes, net of refunds 45,068 52,268 76,573
Cash paid for interest 33,491 23,877 13,429
Non-cash financing and investing activities:      
Accrued capital expenditures $ 1,349    
Landlord-financed leasehold improvements   $ 2,190 $ 3,030