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CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Thousands
Sep. 30, 2023
Jun. 30, 2023
Current assets:    
Cash and cash equivalents $ 42,647 $ 36,178
Accounts receivable, less allowance of $19,570 at September 30, 2023 and $15,480 at June 30, 2023 691,669 753,236
Inventories 656,170 757,574
Prepaid expenses and other current assets 116,949 110,087
Total current assets 1,507,435 1,657,075
Property and equipment, net 36,745 37,379
Goodwill 215,152 216,706
Identifiable intangible assets, net 63,675 68,495
Deferred income taxes 16,421 17,764
Other non-current assets 59,107 70,750
Total assets 1,898,535 2,068,169
Current liabilities:    
Accounts payable 617,594 691,119
Accrued expenses and other current liabilities 67,138 78,892
Income taxes payable 8,108 9,875
Current portion of long-term debt 8,209 6,915
Total current liabilities 701,049 786,801
Deferred income taxes 3,679 3,816
Long-term debt, net of current portion 141,774 144,006
Borrowings under revolving credit facility 98,125 178,980
Other long-term liabilities 38,655 49,268
Total liabilities 983,282 1,162,871
Commitments and contingencies
Shareholders’ equity:    
Preferred stock, no par value; 3,000,000 shares authorized, none issued 0 0
Common stock, no par value; 45,000,000 shares authorized, 24,960,231 and 24,844,203 shares issued and outstanding at September 30, 2023 and June 30, 2023, respectively 59,501 58,241
Retained earnings 952,110 936,678
Accumulated other comprehensive loss (96,358) (89,621)
Total shareholders’ equity 915,253 905,298
Total liabilities and shareholders’ equity $ 1,898,535 $ 2,068,169