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Condensed Statements of Consolidated Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Net income $ 92,063 $ 93,826
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization of property 5,924 5,717
Amortization of intangibles 7,600 7,393
Provision for losses on accounts receivable 1,056 867
Amortization of stock appreciation rights and options 1,326 844
Other share-based compensation expense 1,675 1,976
Changes in operating assets and liabilities, net of acquisitions 16,587 (45,245)
Other, net 1,516 831
Net Cash provided by Operating Activities 127,747 66,209
Cash Flows from Investing Activities    
Net cash paid for acquisitions, net of cash acquired (10,498) (21,440)
Capital expenditures (5,549) (4,340)
Proceeds from property sales 831 123
Net Cash used in Investing Activities (15,216) (25,657)
Cash Flows from Financing Activities    
Long-term debt repayments 63 62
Purchases of treasury shares (9,980) 0
Interest rate swap settlement receipts 3,738 3,558
Dividends paid (14,218) (13,551)
Acquisition holdback payments 1,210 562
Taxes paid for shares withheld for equity awards (12,314) (11,866)
Net Cash used in Financing Activities (34,047) (22,483)
Effect of Exchange Rate Changes on Cash (581) (1,690)
Increase in Cash and Cash Equivalents 77,903 16,379
Cash and Cash Equivalents at Beginning of Period 460,617 344,036
Cash and Cash Equivalents at End of Period $ 538,520 $ 360,415