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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
$ in Thousands
3 Months Ended
Sep. 30, 2021
Sep. 30, 2020
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income $ 88,109 $ 93,644
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 32,592 30,144
Amortization of deferred financing costs 576 583
Non-cash lease expense 16,960 19,056
Stock-based compensation expense 6,669 7,847
Deferred income taxes (4,461) 2,339
Changes in operating assets and liabilities, net of effect of business acquisitions:    
Accounts receivable, net 108,236 20,987
Prepaid expenses and other assets (24,085) (21,420)
Accounts payable and other accrued expenses (16,235) 21,109
Accrued compensation and benefits (40,521) (23,882)
Income taxes payable and receivable 31,444 8,384
Operating lease liabilities (16,076) (19,364)
Long-term liabilities 2,745 37,473
Net cash provided by operating activities 185,953 176,900
CASH FLOWS FROM INVESTING ACTIVITIES    
Capital expenditures (10,203) (16,282)
Acquisition of businesses, net of cash acquired (116,273) (354,095)
Net cash used in investing activities (126,476) (370,377)
CASH FLOWS FROM FINANCING ACTIVITIES    
Proceeds from borrowings under bank credit facilities 548,000 839,500
Principal payments made under bank credit facilities (589,730) (630,230)
Proceeds from employee stock purchase plans 2,911 2,431
Repurchases of common stock (2,472) (2,074)
Payment of taxes for equity transactions (426) (688)
Net cash (used in) provided by financing activities (41,717) 208,939
Effect of exchange rate changes on cash and cash equivalents (1,361) 2,164
Net change in cash and cash equivalents 16,399 17,626
Cash and cash equivalents at beginning of period 88,031 107,236
Cash and cash equivalents at end of period 104,430 124,862
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION    
Cash paid during the period for income taxes, net of refunds 518 19,725
Cash paid during the period for interest 9,383 8,768
Non-cash financing and investing activities:    
Landlord sponsored tenant incentives 724 1,389
Accrued capital expenditures $ 227 $ 938