Condensed Consolidated Balance Sheets (Unaudited) - USD ($) $ in Thousands	Sep. 30, 2015	Jun. 30, 2015
Current assets
Cash and cash equivalents	$ 63,966	$ 69,470
Accounts receivable, less allowances of $11,753 and $10,621	356,606	376,305
Inventories	350,807	362,419
Other current assets	42,527	51,111
Total current assets	813,906	859,305
Property, less accumulated depreciation of $166,060 and $164,343	104,760	104,447
Identifiable intangibles, net	191,708	198,828
Goodwill	248,580	254,406
Deferred tax assets	90	97
Other assets	17,216	17,885
TOTAL ASSETS	1,376,260	1,434,968
Current liabilities
Accounts payable	142,636	179,825
Current portion of long term debt	3,975	3,349
Compensation and related benefits	43,466	63,780
Other current liabilities	68,220	63,118
Total current liabilities	258,297	310,072
Long-term debt	351,340	317,646
Postemployment benefits	19,623	19,627
Other liabilities	36,877	46,295
TOTAL LIABILITIES	666,137	693,640
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	160,407	160,072
Retained Earnings	983,072	969,548
Treasury shares—at cost (14,737 and 14,308 shares)	(355,715)	(338,121)
Accumulated other comprehensive loss	(87,641)	(60,171)
TOTAL SHAREHOLDERS’ EQUITY	710,123	741,328
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY	$ 1,376,260	$ 1,434,968