Condensed Consolidated Balance Sheets (Unaudited) (USD $) In Thousands, unless otherwise specified	Sep. 30, 2014	Jun. 30, 2014
Current assets
Cash and cash equivalents	$ 52,033	$ 71,189
Accounts receivable, less allowances of $10,513 and $10,385	403,521	375,732
Inventories	367,291	335,747
Other current assets	51,915	53,480
Total current assets	874,760	836,148
Property, less accumulated depreciation of $160,063 and $156,872	106,683	103,596
Identifiable Intangibles, net	208,497	159,508
Goodwill	259,156	193,494
Deferred tax assets	260	21,166
Other assets	19,563	20,257
TOTAL ASSETS	1,468,919	1,334,169
Current liabilities
Accounts payable	145,614	172,401
Current portion of long term debt	2,842	2,720
Compensation and related benefits	47,687	55,760
Other current liabilities	75,839	60,074
Total current liabilities	271,982	290,955
Long-term debt	321,418	167,992
Postemployment benefits	19,073	23,611
Other liabilities	65,741	51,303
TOTAL LIABILITIES	678,214	533,861
Shareholders’ Equity
Preferred stock—no par value; 2,500 shares authorized; none issued or outstanding	0	0
Common stock—no par value; 80,000 shares authorized; 54,213 shares issued	10,000	10,000
Additional paid-in capital	158,001	156,999
Retained Earnings	915,482	896,776
Treasury shares—at cost (12,825 and 12,650 shares)	(272,075)	(261,852)
Accumulated other comprehensive income (loss)	(20,703)	(1,615)
TOTAL SHAREHOLDERS’ EQUITY	790,705	800,308
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY	$ 1,468,919	$ 1,334,169