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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 12 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2019
Operating activities:      
Net income $ 114,282 $ 64,656 $ 69,701
Adjustments to reconcile net income to net cash provided by operating activities:      
Non-cash compensation expense 5,581 3,042 2,607
Non-cash compensation to directors 834 829 791
Depreciation 15,636 12,249 10,004
Amortization 7,255 6,131 5,956
Deferred income taxes 6,992 8,715 6,794
Adjustment to tax receivable agreement liability (88) (1,672) (103)
Other items, net 2,075 2,211 802
Change in operating assets and liabilities (excluding effects of acquisition):      
Trade receivables (32,860) 14,193 (3,041)
Inventories (35,555) (5,263) (15,410)
Prepaid expenses and other assets 3,038 551 (786)
Accounts payable 24,459 (5,812) (2,791)
Accrued expenses 24,894 (239) 9,598
Income taxes receivable and payable 3,539 (1,164) 125
Other liabilities (5,263) (828) 1,118
Payment pursuant to tax receivable agreement (3,505) (3,458) (3,865)
Net cash provided by operating activities 131,314 94,141 81,500
Investing activities:      
Purchases of property and equipment (30,677) (41,291) (17,938)
Proceeds from sale of property and equipment 9 897 0
Payment for acquisition, net of cash acquired (150,427) 0 (100,073)
Net cash used in investing activities (181,095) (40,394) (118,011)
Financing activities:      
Principal payments on long-term borrowings (625) 0 (35,000)
Proceeds from long-term borrowings 25,000 0 0
Payment of deferred financing costs (638) 0 (370)
Proceeds from revolving credit facility 65,000 103,800 90,000
Payments on revolving credit facility (28,800) (135,000) (50,000)
Repurchase and retirement of Class A Common Stock 0 (13,833) 0
Cash paid for tax withholdings (1,208) (831) (1,219)
Distributions to non-controlling LLC Unit holders (1,758) (1,836) (1,785)
Proceeds received from exercise of stock options 375 377 749
Net cash provided by (used in) by financing activities 57,346 (47,323) 2,375
Effect of exchange rate changes on cash 127 (29) (95)
Changes in cash 7,692 6,395 (34,231)
Cash—Beginning of period 33,787 27,392 61,623
Cash—End of period 41,479 33,787 27,392
Supplemental cash flow information:      
Cash paid for interest 2,021 3,810 6,011
Cash paid for income taxes 23,469 10,529 14,173
Non-cash operating, investing and financing activities:      
Establishment of deferred tax assets from step-up in tax basis 2,755 1,364 3,275
Establishment of amounts payable under tax receivable agreements 2,142 1,041 2,676
Exchange of LLC Units for Class A Common Stock 1,373 879 1,136
Tax distributions payable to non-controlling LLC Unit holders 687 104 568
Capital expenditures in accounts payable $ 2,419 $ 1,129 $ 647