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CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
$ in Thousands
6 Months Ended
Dec. 31, 2018
Dec. 31, 2017
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income $ 147,429 $ 184,841
Reconciliation of net income to net cash provided by operating activities:    
Depreciation and amortization 37,599 35,846
Amortization of deferred financing costs 1,156 2,212
Stock-based compensation expense 12,047 12,389
Deferred income taxes 9,123 (83,212)
Changes in operating assets and liabilities, net of effect of business acquisitions:    
Accounts receivable, net (136,177) 7,367
Prepaid expenses and other assets (2,739) (13,774)
Accounts payable and other accrued expenses 110,007 15,190
Accrued compensation and benefits (27,116) (11,126)
Income taxes payable and receivable (10,781) (3,796)
Long-term liabilities (1,008) 6,157
Net cash provided by operating activities 139,540 152,094
CASH FLOWS FROM INVESTING ACTIVITIES    
Capital expenditures (17,813) (22,013)
Cash paid for business acquisitions, net of cash acquired (91,151) (45,565)
Other 1,876 3,484
Net cash used in investing activities (107,088) (64,094)
CASH FLOWS FROM FINANCING ACTIVITIES    
Proceeds from borrowings under bank credit facilities 833,500 256,500
Principal payments made under bank credit facilities (841,960) (338,483)
Payment of contingent consideration (616) (3,630)
Proceeds from employee stock purchase plans 2,827 2,459
Repurchases of common stock (2,756) (2,463)
Payment of taxes for equity transactions (18,039) (12,656)
Net cash used in financing activities (27,044) (98,273)
Effect of exchange rate changes on cash and cash equivalents (874) 1,062
Net increase (decrease) in cash and cash equivalents 4,534 (9,211)
Cash and cash equivalents, beginning of period 66,194 65,539
Cash and cash equivalents, end of period 70,728 56,328
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION    
Cash paid during the period for income taxes, net of refunds 39,975 35,264
Cash paid during the period for interest 18,830 20,505
Non-cash financing and investing activities:    
Landlord sponsored tenant improvement 3,518  
Accrued capital expenditures $ 1,377 $ 3,316