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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2023
Cash flows from operating activities:      
Net income $ 71,548 $ 77,060 $ 89,809
Net income from discontinued operations 0 0 1,717
Net income from continuing operations 71,548 77,060 88,092
Adjustments to reconcile net income to net cash (used in) provided by operating activities of continuing operations:      
Gain on sale of business 0 (14,155) 0
Depreciation and amortization 30,195 28,009 28,614
Amortization of debt issue costs 386 386 577
Provision for doubtful accounts 8,351 8,317 2,785
Share-based compensation 11,062 9,537 11,219
Deferred income taxes 1,128 (2,472) (1,496)
Change in fair value of contingent consideration 1,900 0 0
Finance lease interest 86 101 44
Changes in operating assets and liabilities, net of acquisitions:      
Accounts receivable (55,011) 138,264 (17,368)
Inventories 28,874 239,157 (138,313)
Prepaid expenses and other assets 7,303 (17,804) 32,653
Other non-current assets 3,974 (10,689) (7,582)
Accounts payable 3,673 (78,167) (30,656)
Accrued expenses and other liabilities 2,846 (3,872) (14,195)
Income taxes payable (3,966) (2,025) 9,857
Net cash provided by (used in) operating activities of continuing operations 112,349 371,647 (35,769)
Cash flows from investing activities of continuing operations:      
Capital expenditures (8,286) (8,555) (9,979)
Cash paid for business acquisitions, net of cash acquired (56,673) 0 0
Cash received for business disposal 2,569 17,600 1,717
Net cash (used in) provided by investing activities of continuing operations (62,390) 9,045 (8,262)
Cash flows from financing activities of continuing operations:      
Borrowings on revolving credit, net of expenses 51,954 1,259,728 2,499,166
Repayments on revolving credit, net of expenses (52,004) (1,438,658) (2,456,025)
Debt issuance costs 0 0 (1,407)
(Repayments) borrowings on long-term debt (7,857) (6,915) 15,590
Repayments of finance lease obligations (1,090) (964) (589)
Exercise of stock options 9,511 4,813 910
Taxes paid on settlement of equity awards (4,895) (2,876) (2,463)
Repurchase of common stock (106,524) (42,895) (15,651)
Net cash (used in) provided by financing activities of continuing operations (110,905) (227,767) 39,531
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 1,643 (3,643) 2,691
(Decrease) increase in cash and cash equivalents (59,303) 149,282 (1,809)
Cash and cash equivalents at beginning of period 185,460 36,178 37,987
Cash and cash equivalents at end of period 126,157 185,460 36,178
Cash and cash equivalents of discontinued operations 0 0 0
Cash and cash equivalents of continuing operations 126,157 185,460 36,178
Supplemental disclosure of consolidated cash flow information:      
Interest paid during the year 7,570 12,953 18,789
Income taxes paid during the year $ 27,829 $ 27,129 $ 28,547