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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Cash flows from operating activities:    
Net income $ 34,303 $ 12,116
Adjustments to reconcile net income to net cash (used in) provided by operating activities:    
Depreciation and amortization 18,203 18,766
Amortization of debt issuance costs 168 158
Provision for doubtful accounts 2,187 5,331
Share-based compensation 2,907 3,233
Deferred income taxes 1,835 (1,540)
Change in fair value of contingent consideration 6,434 23,794
Contingent consideration paid in excess of acquisition fair value (7,444) (3,066)
Changes in operating assets and liabilities, net of acquisitions:    
Accounts receivable (32,864) (72,975)
Inventories (110,909) (37,749)
Prepaid expenses and other assets 2,960 (10,081)
Other non-current assets 1,849 (4,775)
Accounts payable 43,853 (11,524)
Accrued expenses and other liabilities (3,993) (5,654)
Income taxes payable (11,259) (3,283)
Net cash (used in) operating activities (51,770) (87,249)
Cash flows from investing activities:    
Capital expenditures (5,780) (3,296)
Cash paid for business acquisitions, net of cash acquired (32,183) (143,768)
Net cash (used in) investing activities (37,963) (147,064)
Cash flows from financing activities:    
Borrowings on revolving credit 1,126,333 1,279,193
Repayments on revolving credit (1,003,022) (1,015,672)
Debt issuance costs 0 (296)
Repayments on long-term debt (331) 0
Repayments on capital lease obligation (330) (281)
Contingent consideration payments (35,616) (50,959)
Exercise and issuance of equity awards 1,509 2,126
Taxes paid on settlement of equity awards (1,404) (1,616)
Repurchase of common stock (308) 0
Net cash provided by financing activities 86,831 212,495
Effect of exchange rate changes on cash and cash equivalents 121 1,159
Decrease in cash and cash equivalents (2,781) (20,659)
Cash and cash equivalents at beginning of period 25,530 56,094
Cash and cash equivalents at end of period $ 22,749 $ 35,435