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Statements of Consolidated Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2015
Net income $ 133,910 $ 29,577 $ 115,484
Adjustments to reconcile net income to net cash provided by operating activities:      
Goodwill Impairment 0 64,794 0
Depreciation and amortization of property 15,306 15,966 16,578
Amortization of intangibles 24,371 25,580 25,797
Amortization of stock appreciation rights and options 1,891 1,543 1,610
Deferred income taxes (2,852) (6,581) (4,961)
Provision for losses on accounts receivable 2,071 4,303 2,597
Unrealized foreign exchange transaction (gains) losses (333) 61 (727)
Other share-based compensation expense 3,629 2,524 2,851
(Gain) loss on sale of property (1,541) 337 (1,291)
Other 103 0 45
Changes in operating assets and liabilities, net of acquisitions:      
Accounts receivable (42,267) 26,414 13,129
Inventories (3,624) 25,081 (15,704)
Other operating assets (6,162) 2,964 797
Accounts payable 32,076 (28,644) 1,040
Other operating liabilities 8,041 (1,905) (238)
Cash provided by Operating Activities 164,619 162,014 157,007
Cash Flows from Investing Activities      
Property purchases (17,045) (13,130) (14,933)
Proceeds from property sales 2,924 603 1,932
Net cash paid for acquisition of businesses, net of cash acquired (2,773) (62,504) (160,620)
Cash used in Investing Activities (16,894) (75,031) (173,621)
Cash Flows from Financing Activities      
Net repayments under revolving credit facility, classified as long term (33,000) (19,000) (17,000)
Borrowings under long-term debt facilities 0 125,000 170,000
Long-term debt repayments (3,353) (98,662) (2,717)
Deferred financing costs 0 (719) 0
Purchases of treasury shares (8,242) (37,465) (76,515)
Dividends paid (44,619) (43,330) (42,663)
Excess tax benefits from share-based compensation 0 208 1,042
Acquisition holdback payments (11,307) (18,913) (7,693)
Exercise of stock appreciation rights and options 656 896 235
Taxes paid for shares withheld 3,484 1,022 2,469
Cash (used in) provided by Financing Activities (103,349) (93,007) 22,220
Effect of exchange rate changes on cash 820 (3,585) (7,325)
Increase (decrease) in cash and cash equivalents 45,196 (9,609) (1,719)
Cash and cash equivalents at beginning of year 59,861 69,470 71,189
Cash and Cash Equivalents at End of Year 105,057 59,861 69,470
Cash paid during the year for:      
Income taxes 38,772 54,749 69,272
Interest $ 8,561 9,497 5,851
Adjustments for New Accounting Principle, Early Adoption [Member]      
Cash Flows from Financing Activities      
Taxes paid for shares withheld   $ 1,022 $ 2,469