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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
Sep. 30, 2024
Sep. 30, 2023
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income $ 17,936 $ 12,879
Adjustments to reconcile net income to net cash provided by (used in) operating activities, net of effects from acquisitions:    
Depreciation and amortization 11,450 9,568
Stock-based compensation expense 6,422 7,089
Recovery of losses on accounts receivable (427) (433)
Deferred income taxes (851) 208
Amortization of debt discount and issuance costs 354  
Other (21) 42
Changes in operating assets and liabilities-net of business acquisitions:    
Accounts receivable (30,187) 55,868
Inventories (54,458) (82,035)
Prepaid expenses and other assets (23,325) (7,605)
Accounts payable (4,952) 25,851
Accrued payroll and related expenses (7,811) (6,606)
Advances from customers 10,267 10,770
Deferred revenue 11,485 (7,142)
Other 26,958 (1,310)
Net cash provided by (used in) operating activities (37,160) 17,144
CASH FLOWS FROM INVESTING ACTIVITIES    
Acquisition of property and equipment (7,705) (5,239)
Proceeds from sale of property and equipment 85 44
Purchases of certificates of deposit   (2,068)
Proceeds from maturities of certificates of deposit   1,839
Acquisition of business, net of cash acquired (75,500)  
Payments for intangible and other assets (4,372) (4,154)
Net cash used in investing activities (87,492) (9,578)
CASH FLOWS FROM FINANCING ACTIVITIES    
Net borrowings (repayments) on bank lines of credit (125,000) 20,000
Proceeds from long-term debt 340,475 394
Payments on long-term debt (2,078) (2,073)
Proceeds from exercise of stock options and employee stock purchase plan 2,399 2,451
Payment of contingent consideration (331) (383)
Repurchase of common stock (80,443)  
Taxes paid related to net share settlement of equity awards (21,263) (22,239)
Net cash provided by (used in) financing activities 113,759 (1,850)
Effect of exchange rate changes on cash 593 125
Net increase (decrease) in cash and cash equivalents (10,300) 5,841
Cash and cash equivalents-beginning of period 95,353 76,750
Cash and cash equivalents-end of period 85,053 82,591
Supplemental disclosure of cash flow information:    
Interest 5,231 5,455
Income taxes $ 13,540 $ 6,795