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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
$ in Thousands
6 Months Ended
Dec. 31, 2021
Dec. 31, 2020
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income $ 178,408 $ 200,122
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 65,268 62,378
Amortization of deferred financing costs 1,147 1,163
Loss on extinguishment of debt 891  
Non-cash lease expense 33,943 38,436
Stock-based compensation expense 14,698 15,041
Deferred income taxes (1,962) (6,311)
Changes in operating assets and liabilities, net of effect of business acquisitions:    
Accounts receivable, net 72,650 94,292
Prepaid expenses and other assets (24,701) (20,605)
Accounts payable and other accrued expenses 39,535 (30,087)
Accrued compensation and benefits (89,752) 39,461
Income taxes payable and receivable 46,402 11,107
Operating lease liabilities (34,169) (37,916)
Long-term liabilities 6,407 15,206
Net cash provided by operating activities 308,765 382,287
CASH FLOWS FROM INVESTING ACTIVITIES    
Capital expenditures (21,632) (31,873)
Acquisition of businesses, net of cash acquired (609,356) (355,127)
Other 923  
Net cash used in investing activities (630,065) (387,000)
CASH FLOWS FROM FINANCING ACTIVITIES    
Proceeds from borrowings under bank credit facilities 1,735,095 1,174,000
Principal payments made under bank credit facilities (1,356,230) (1,161,460)
Payment of financing costs under bank credit facilities (6,286)  
Proceeds from employee stock purchase plans 5,221 4,664
Repurchases of common stock (4,995) (4,420)
Payment of taxes for equity transactions (13,956) (18,649)
Net cash provided by (used in) financing activities 358,849 (5,865)
Effect of exchange rate changes on cash and cash equivalents (1,477) 5,456
Net change in cash and cash equivalents 36,072 (5,122)
Cash and cash equivalents at beginning of period 88,031 107,236
Cash and cash equivalents at end of period 124,103 102,114
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION    
Cash paid during the period for income taxes, net of refunds 4,509 50,903
Cash paid during the period for interest 19,042 17,210
Non-cash financing and investing activities:    
Landlord sponsored tenant incentives 1,178 13,853
Accrued capital expenditures $ 813 $ 1,047