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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
$ in Thousands
9 Months Ended
Mar. 31, 2025
Mar. 31, 2024
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income $ 96,889 $ 83,475
Adjustments to reconcile net income to net cash provided by (used in) operating activities, net of effects from acquisitions:    
Depreciation and amortization 32,664 30,485
Stock-based compensation expense 22,494 21,486
Provision for (recovery of) losses on accounts receivable (1,677) 2,059
Deferred income taxes 13 (524)
Amortization of debt discount and issuance costs 1,249  
Other 134 10
Changes in operating assets and liabilities-net of business acquisitions:    
Accounts receivable (28,086) (118,989)
Inventories (41,531) (101,446)
Prepaid expenses and other assets (80) (41,503)
Accounts payable (23,133) 32,933
Accrued payroll and related expenses (2,974) (8,155)
Advances from customers 9,829 43,805
Deferred revenue 25,780 3,105
Other liabilities 5,459 (5,199)
Net cash provided by (used in) operating activities 97,030 (58,458)
CASH FLOWS FROM INVESTING ACTIVITIES    
Acquisition of property and equipment (17,713) (13,604)
Proceeds from sale of property and equipment 174 293
Proceeds from maturities of certificates of deposit 110 10,329
Acquisition of business, net of cash acquired (75,500) (9,046)
Payments for intangible and other assets (13,517) (12,906)
Net cash used in investing activities (106,446) (24,934)
CASH FLOWS FROM FINANCING ACTIVITIES    
Net borrowings (repayments) on bank lines of credit (228,000) 134,000
Proceeds from long-term debt 340,575 1,110
Payments on long-term debt (6,173) (6,248)
Proceeds from exercise of stock options and employee stock purchase plan 7,511 5,714
Payment of contingent consideration (477) (602)
Repurchase of common stock (80,443)  
Taxes paid related to net share settlement of equity awards (22,639) (23,249)
Net cash provided by financing activities 10,354 110,725
Effect of exchange rate changes on cash (461) (2,640)
Net increase in cash and cash equivalents 477 24,693
Cash and cash equivalents-beginning of period 95,353 76,750
Cash and cash equivalents-end of period 95,830 101,443
Supplemental disclosure of cash flow information:    
Interest 21,869 18,868
Income taxes $ 33,464 $ 33,703