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Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Jun. 30, 2011
Cash flows from operating activities:      
Net income $ 34,662 $ 74,288 $ 73,523
Adjustments to reconcile net income to net cash provided by (used in) operating activities:      
Depreciation and amortization 8,457 9,580 6,464
Amortization of debt issue costs 345 342 198
Provision for doubtful accounts 10,333 7,134 7,488
Share-based compensation and restricted stock 5,618 6,840 4,877
Impairment charges, including ERP and goodwill 48,772 0 0
Deferred income taxes (19,630) (6,377) (1,431)
Excess tax benefits from share-based payment arrangements (849) (1,720) (203)
Change in fair value of contingent consideration 1,843 120 (128)
Changes in operating assets and liabilities, net of acquisitions:      
Accounts receivable 13,746 (34,322) (76,956)
Inventories 86,821 (29,387) (80,003)
Prepaid expenses and other assets (28) (4,103) (17,392)
Other noncurrent assets 9,441 1,166 (10,279)
Accounts payable (56,837) 28,306 78,298
Accrued expenses and other liabilities (14,145) 8,371 31,060
Income taxes payable 895 (280) (4,828)
Net cash provided by (used in) operating activities 129,444 59,958 10,688
Cash flows from investing activities:      
Capital expenditures (4,831) (12,790) (14,869)
Cash paid for business acquisitions, net of cash acquired 0 0 (36,228)
Net cash provided by (used in) investing activities (4,831) (12,790) (51,097)
Cash flows from financing activities:      
Increases (decreases) in short-term borrowings, net (4,459) 1,345 1,706
Borrowings on revolving credit, net of expenses 515,262 1,408,522 769,545
Repayments on revolving credit, net of expenses (515,877) (1,433,161) (744,169)
Repayments on long-term debt 0 (25,000) 0
Debt issuance costs 0 (1,360) 0
Contingent consideration payments (4,777) (2,000) 0
Exercise of stock options 4,024 7,642 6,372
Excess tax benefits from share-based payment arrangements 849 1,720 203
Net cash provided by (used in) financing activities (4,978) (42,292) 33,657
Effect of exchange rate changes on cash and cash equivalents (644) (4,450) 894
Increase (decrease) in cash and cash equivalents 118,991 426 (5,858)
Cash and cash equivalents at beginning of period 29,173 28,747 34,605
Cash and cash equivalents at end of period 148,164 29,173 28,747
Supplemental disclosure of cash flow information:      
Interest paid during the year 796 1,578 1,705
Income taxes paid during the year $ 35,582 $ 46,057 $ 43,233