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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
 9 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Operating activities:    
Net income $ 113,745 $ 79,320
Adjustments to reconcile net income to net cash provided by operating activities:    
Non-cash compensation expense 4,547 4,060
Non-cash compensation to directors 768 627
Depreciation 14,379 11,215
Amortization 5,257 5,142
Deferred income taxes 5,782 6,032
Other items, net 947 1,434
Change in operating assets and liabilities (excluding effects of acquisition):    
Trade receivables 726 (19,922)
Inventories (44,986) (34,453)
Prepaid expenses and other assets (2,461) (1,623)
Accounts payable 16,977 20,873
Income taxes payable 100 4,805
Accrued expenses 6,844 23,473
Other liabilities (3,583) (614)
Net cash provided by operating activities 119,042 100,369
Investing activities:    
Purchases of property, plant and equipment (40,070) (19,117)
Payment for acquisition, net of cash acquired (6,566) (150,427)
Net cash used in investing activities (46,636) (169,544)
Financing activities:    
Proceeds from long-term borrowings 0 25,000
Proceeds from revolving credit facility 0 65,000
Principal payments on long-term borrowings (3,938) (313)
Payments on revolving credit facility (20,000) (8,800)
Payment of deferred financing costs 0 (638)
Proceeds received from exercise of stock options 971 375
Cash paid for withholding taxes on vested restricted stock (2,058) (1,208)
Distributions to LLC Unit holders (1,697) (1,048)
Repurchase and retirement of common stock (30,210) 0
Net cash (used in) provided by financing activities (56,932) 78,368
Effect of exchange rate changes on cash 13 13
Changes in cash 15,487 9,206
Cash—Beginning of period 41,479 33,787
Cash—End of period 56,966 42,993
Supplemental cash flow information:    
Cash paid for interest 1,544 1,433
Cash paid for income taxes $ 27,007 $ 12,599