v3.25.4
CONDENSED STATEMENTS OF CONSOLIDATED CASH FLOWS - USD ($)
$ in Thousands
 6 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Cash Flows from Operating Activities    
Net income $ 196,156 $ 185,353
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization of property 13,076 11,850
Amortization of intangibles 20,329 15,167
(Recovery of) provision for losses on accounts receivable (240) 3,605
Amortization of stock appreciation rights 2,887 2,453
Other share-based compensation expense 3,280 3,101
Changes in operating assets and liabilities, net of acquisitions (26,230) 1,451
Other, net 9,718 (96)
Net Cash provided by Operating Activities 218,976 222,884
Cash Flows from Investing Activities    
Net cash paid for acquisitions, net of cash acquired (2,425) (273,142)
Capital expenditures (13,578) (10,746)
Proceeds from property sales 642 922
Net Cash used in Investing Activities (15,361) (282,966)
Cash Flows from Financing Activities    
Long-term debt repayments 0 (25,106)
Interest rate swap settlement receipts 5,083 6,797
Payment of debt issuance costs (1,611) 0
Purchases of treasury shares (143,401) (30,084)
Dividends paid (34,723) (28,469)
Acquisition holdback payments (1,210) (1,210)
Exercise of stock appreciation rights and options (1) 0
Taxes paid for shares withheld (11,191) (13,037)
Net Cash used in Financing Activities (187,054) (91,109)
Effect of Exchange Rate Changes on Cash 1,008 (5,985)
Increase (Decrease) in Cash and Cash Equivalents 17,569 (157,176)
Cash and Cash Equivalents at Beginning of Period 388,417 460,617
Cash and Cash Equivalents at End of Period $ 405,986 $ 303,441