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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 12 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2021
Operating activities:      
Net income $ 107,910 $ 163,430 $ 114,282
Adjustments to reconcile net income to net cash provided by operating activities:      
Non-cash compensation expense 5,894 6,342 5,581
Non-cash compensation to directors 1,136 1,054 834
Depreciation 21,912 19,365 15,636
Amortization 6,808 6,957 7,255
Deferred income taxes (16,158) 4,793 6,992
Adjustment to tax receivable agreement liability 188 1,025 (88)
Other items, net 1,680 1,350 2,075
Change in operating assets and liabilities (excluding effects of acquisition):      
Trade receivables (16,804) (1,777) (32,860)
Inventories (14,362) (38,050) (35,555)
Prepaid expenses and other assets (1,705) (1,303) 3,038
Accounts payable (5,148) (287) 24,459
Income taxes receivable and payable 6 (794) 3,539
Accrued expenses 99,326 10,579 24,894
Other liabilities (1,976) (4,140) (5,263)
Payment pursuant to tax receivable agreement (3,974) (3,698) (3,505)
Net cash provided by operating activities 184,733 164,846 131,314
Investing activities:      
Purchases of property and equipment (54,840) (55,064) (30,677)
Proceeds from sale of property and equipment 202 9 9
Payment for acquisition, net of cash acquired 0 (6,566) (150,427)
Net cash used in investing activities (54,638) (61,621) (181,095)
Financing activities:      
Proceeds from revolving credit facility 241,700 72,000 65,000
Proceeds from long-term borrowings 0 0 25,000
Payments on revolving credit facility (338,700) (20,000) (28,800)
Principal payments on long-term borrowings (23,125) (76,250) (625)
Payment of deferred financing costs (1,362) 0 (638)
Proceeds received from exercise of stock options 1,317 3,287 375
Cash paid for tax withholdings (3,135) (2,058) (1,208)
Distributions to non-controlling LLC Unit holders (3,401) (2,717) (1,758)
Repurchase and retirement of Class A Common Stock (7,868) (34,642) 0
Net cash (used in) provided by financing activities (134,574) (60,380) 57,346
Effect of exchange rate changes on cash (328) (580) 127
Changes in cash (4,807) 42,265 7,692
Cash—Beginning of period 83,744 41,479 33,787
Cash—End of period 78,937 83,744 41,479
Supplemental cash flow information:      
Cash paid for interest 3,061 2,294 2,021
Cash paid for income taxes 50,515 42,064 23,469
Non-cash operating, investing and financing activities:      
Establishment of deferred tax assets from step-up in tax basis 2,619 0 2,755
Establishment of amounts payable under tax receivable agreements 1,710 0 2,142
Exchange of LLC Units for Class A Common Stock 2,765 0 1,373
Tax distributions payable to non-controlling LLC Unit holders 776 1,045 687
Capital expenditures in accounts payable $ 2,207 $ 1,032 $ 2,419