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CONSOLIDATED STATEMENTS OF CASH FLOWS (unaudited) - USD ($)
$ in Thousands
 9 Months Ended
Mar. 31, 2019
Mar. 31, 2018
OPERATING ACTIVITIES    
Net income $ 45,911 $ 42,764
Adjustments to reconcile net income to net cash provided (used) by operating activities:    
Depreciation and amortization 20,407 20,026
Amortization of debt issuance costs and debt discount 662 662
Stock-based compensation 1,694  
Acquisition-related cost of goods sold   1,671
Acquisition-related accrued compensation   1,084
Acquisition-related accrued interest 0 795
Deferred income taxes 1,742 8,013
Foreign currency (gains) losses, net (290) (1,287)
Other (804) 721
Changes in operating assets and liabilities, net of business acquisition:    
Accounts receivable, net (17,924) 296
Inventories, net (13,471) (21,729)
Other current assets (4,111) (1,767)
Other assets (147) 73
Accounts payable 4,375 6,784
Accrued expenses and other liabilities (5,754) 1,793
Net cash provided (used) by operating activities 32,290 59,899
INVESTING ACTIVITIES    
Purchases of short-term investments (28,000) (45,000)
Maturities of short-term investments 29,000  
Capital expenditures (19,774) (13,019)
Business acquisitions (9,838) (15,000)
Other, net (264) (1,572)
Net cash provided (used) by investing activities (28,876) (74,591)
FINANCING ACTIVITIES    
Revolving credit facility borrowings 157,000 165,870
Revolving credit facility repayments (131,000) (165,370)
Payments of long-term debt, capital leases and other (9,504) (4,819)
Issuance of acquisition note payable 3,775  
Payment of acquisition note payable (3,775)  
Proceeds from common shares issued 1,134 5,292
Dividends paid (13,738) (12,037)
Net cash provided (used) by financing activities 3,892 (11,064)
Effect of exchange rate changes on cash (598) 226
Net increase (decrease) in cash and cash equivalents 6,708 (25,530)
Cash and cash equivalents at beginning of period 29,168 56,083
Cash and cash equivalents at end of period $ 35,876 $ 30,553