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Consolidated Statement of Cash Flows - USD ($)
$ in Thousands
 12 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2020
Operating activities      
Net income $ 268,318 $ 304,584 $ 292,180
Adjustments to reconcile net income to net cash provided by operating activities:      
Income from discontinued operations, net of tax 0 0 (1,054)
Depreciation and amortization 129,107 121,062 152,827
Equity in net income of unconsolidated affiliates (23,505) (21,073) (12,537)
Deferred income taxes 56,792 (83,692) 67,980
Stock-based compensation 46,229 35,425 20,706
Remeasurement of tax receivable agreement liabilities 0 0 (24,584)
Impairment of assets 18,829 0 8,500
(Gain) loss on FFF Put and Call Rights (64,110) 27,352 (4,690)
Other 5,803 9,358 853
Changes in operating assets and liabilities, net of the effects of acquisitions:      
Accounts receivable, inventories, prepaid expenses and other assets 124,659 (68,008) (121,735)
Contract assets (47,219) (51,685) (8,205)
Accounts payable, accrued expenses, deferred revenue, revenue share obligations and other liabilities (70,669) 134,079 (30,353)
Net cash provided by operating activities from continuing operations 444,234 407,402 339,888
Net cash provided by operating activities from discontinued operations 0 0 9,636
Net cash provided by operating activities 444,234 407,402 349,524
Investing activities      
Purchases of property and equipment (87,440) (88,876) (94,397)
Acquisition of businesses and equity method investments, net of cash acquired (26,000) (84,463) (121,640)
Investment in unconsolidated affiliates (16,000) 0 (10,165)
Other (10,000) (1,229) 3,880
Net cash used in investing activities (139,440) (174,568) (222,322)
Financing activities      
Payments made on notes payable (99,243) (50,713) (2,419)
Proceeds from credit facility 325,000 225,000 400,000
Payments on credit facility (250,000) (225,000) (350,000)
Cash dividends paid (96,455) (92,898) 0
Repurchase of Class A common stock (held as treasury stock) (250,129) 0 (150,093)
Payments on deferred consideration related to acquisition of business (28,586) (29,217) 0
Proceeds from exercise of stock options under equity incentive plan 37,766 9,356 6,661
Distributions to limited partners of Premier LP 0 (9,949) (48,904)
Payments to limited partners of Premier LP related to tax receivable agreements 0 (24,218) (17,425)
Other 13,858 (5,358) (6,773)
Financing activities (347,789) (202,997) (168,953)
Effect of exchange rate changes on cash flows (3) 0 0
Net (decrease) increase in cash and cash equivalents (42,998) 29,837 (41,751)
Cash and cash equivalents at beginning of year 129,141 99,304 141,055
Cash and cash equivalents at end of period $ 86,143 $ 129,141 $ 99,304