XML 61 R5.htm IDEA: XBRL DOCUMENT v2.4.0.6
Condensed Consolidated Statements Of Cash Flows (USD $)
In Thousands, unless otherwise specified
 9 Months Ended
Mar. 31, 2012
Mar. 31, 2011
Cash flows from operating activities:    
Net income $ 54,503 $ 53,862
Adjustments to reconcile net income to net cash provided by (used in) operating activities:    
Depreciation and amortization 7,594 4,350
Provision for accounts and notes receivable 4,968 5,443
Share-based compensation and restricted stock 5,515 3,464
Deferred income taxes (5,387) 70
Excess tax benefits from share-based payment arrangements (150) 444
Change in fair value of contingent consideration 1,244  
Changes in operating assets and liabilities, net of acquisitions:    
Accounts receivable 90 (19,019)
Inventories (44,859) (45,713)
Prepaid expenses and other assets 1,424 (14,891)
Other noncurrent assets (486) (8,765)
Accounts payable (297) (1,974)
Accrued expenses and other liabilities 3,557 22,410
Income taxes payable (2,648) (1,227)
Net cash provided by (used in) operating activities 25,068 (1,546)
Cash flows from investing activities:    
Capital expenditures (10,187) (10,198)
Cash paid for business acquisitions, net of cash acquired      
Net cash provided by (used in) investing activities (10,187) (10,198)
Cash flows from financing activities:    
Increases (decreases) in short-term borrowings, net (2,949) 1,828
Borrowings (repayments) on revolving credit, net of debt issue costs 14,296 1,257
Exercise of stock options 8,071 4,878
Excess tax benefits from share-based payment arrangements 150 (444)
Repayments of long-term debt (25,000)  
Contingent consideration payments (2,000)  
Net cash provided by (used in) financing activities (7,432) 7,519
Effect of exchange rate changes on cash and cash equivalents (1,901) 801
Increase (decrease) in cash and cash equivalents 5,548 (3,424)
Cash and cash equivalents at beginning of period 28,747 34,605
Cash and cash equivalents at end of period $ 34,295 $ 31,181