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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
$ in Thousands
6 Months Ended
Dec. 31, 2024
Dec. 31, 2023
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income $ 55,755 $ 49,432
Adjustments to reconcile net income to net cash provided by (used in) operating activities, net of effects from acquisitions:    
Depreciation and amortization 22,097 19,856
Stock-based compensation expense 14,931 14,417
Provision for (recovery of) losses on accounts receivable (395) 2,352
Deferred income taxes (372) (805)
Amortization of debt discount and issuance costs 800  
Other 119 99
Changes in operating assets and liabilities-net of business acquisitions:    
Accounts receivable (64,244) 11,458
Inventories (44,173) (103,309)
Prepaid expenses and other assets (24,652) (30,458)
Accounts payable (12,261) 24,365
Accrued payroll and related expenses (9,230) (870)
Advances from customers 23,393 18,227
Deferred revenue 17,400 (8,312)
Other liabilities 36,220 (2,836)
Net cash provided by (used in) operating activities 15,388 (6,384)
CASH FLOWS FROM INVESTING ACTIVITIES    
Acquisition of property and equipment (13,195) (8,689)
Proceeds from sale of property and equipment 114 167
Proceeds from maturities of certificates of deposit 110 4,137
Acquisition of business, net of cash acquired (75,500) (9,046)
Payments for intangible and other assets (9,088) (8,376)
Net cash used in investing activities (97,559) (21,807)
CASH FLOWS FROM FINANCING ACTIVITIES    
Net borrowings (repayments) on bank lines of credit (148,000) 101,000
Proceeds from long-term debt 340,543 516
Payments on long-term debt (4,130) (4,172)
Proceeds from exercise of stock options and employee stock purchase plan 4,131 3,215
Payment of contingent consideration (331) (464)
Repurchase of common stock (80,443)  
Taxes paid related to net share settlement of equity awards (22,588) (23,040)
Net cash provided by financing activities 89,182 77,055
Effect of exchange rate changes on cash (731) 1,644
Net increase in cash and cash equivalents 6,280 50,508
Cash and cash equivalents-beginning of period 95,353 76,750
Cash and cash equivalents-end of period 101,633 127,258
Supplemental disclosure of cash flow information:    
Interest 11,621 11,567
Income taxes $ 18,106 $ 21,761