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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2022
Cash flows from operating activities:      
Net income $ 77,060 $ 89,809 $ 88,798
Net income from discontinued operations 0 1,717 100
Net income from continuing operations 77,060 88,092 88,698
Adjustments to reconcile net income to net cash (used in) provided by operating activities of continuing operations:      
Gain on sale of business (14,155) 0 0
Depreciation and amortization 28,009 28,614 29,884
Amortization of debt issue costs 386 577 417
Provision for doubtful accounts 8,317 2,785 1,514
Share-based compensation 9,537 11,219 11,663
Deferred income taxes (2,472) (1,496) 5,737
Finance lease interest 101 44 34
Changes in operating assets and liabilities, net of acquisitions:      
Accounts receivable 138,264 (17,368) (165,939)
Inventories 239,157 (138,313) (145,962)
Prepaid expenses and other assets (17,804) 32,653 (27,371)
Other non-current assets (10,689) (7,582) 1,123
Accounts payable (78,167) (30,656) 82,969
Accrued expenses and other liabilities (3,872) (14,195) (4,869)
Income taxes payable (2,025) 9,857 (2,252)
Net cash (used in) provided by operating activities of continuing operations 371,647 (35,769) (124,354)
Cash flows from investing activities of continuing operations:      
Capital expenditures (8,555) (9,979) (6,849)
Cash received for business disposal 17,600 1,717 3,125
Net cash (used in) provided by investing activities of continuing operations 9,045 (8,262) (3,724)
Cash flows from financing activities of continuing operations:      
Borrowings on revolving credit, net of expenses 1,259,728 2,499,166 2,166,409
Repayments on revolving credit, net of expenses (1,438,658) (2,456,025) (2,030,569)
Debt issuance costs 0 (1,407) 0
Borrowings (repayments) on long-term debt (6,915) 15,590 (7,843)
Repayments of finance lease obligations (964) (589) (1,238)
Exercise of stock options 4,813 910 2,304
Taxes paid on settlement of equity awards (2,876) (2,463) (2,754)
Repurchase of common stock (42,895) (15,651) (18,203)
Net cash provided by (used in) financing activities of continuing operations (227,767) 39,531 108,106
Net cash flows provided by operating activities of discontinued operations 0 0 0
Net cash flows used in financing activities of discontinued operations 0 0 0
Net cash flows used in investing activities of discontinued operations 0 0 0
Effect of exchange rate changes on cash and cash equivalents (3,643) 2,691 (4,759)
(Decrease) increase in cash and cash equivalents 149,282 (1,809) (24,731)
Cash and cash equivalents at beginning of period 36,178 37,987 62,718
Cash and cash equivalents at end of period 185,460 36,178 37,987
Cash and cash equivalents of discontinued operations 0 0 0
Cash and cash equivalents of continuing operations 185,460 36,178 37,987
Supplemental disclosure of consolidated cash flow information:      
Interest paid during the year 12,953 18,789 6,066
Income taxes paid during the year $ 27,129 $ 28,547 $ 29,418