Condensed Consolidated Balance Sheets (Unaudited) - USD ($) $ in Thousands	Dec. 31, 2015	Jun. 30, 2015
Current assets
Cash and cash equivalents	$ 55,634	$ 69,470
Accounts receivable, less allowances of $11,894 and $10,621	329,287	376,305
Inventories	359,726	362,419
Other current assets	36,177	37,816
Total current assets	780,824	846,010
Property, less accumulated depreciation of $168,344 and $164,343	106,470	104,447
Identifiable intangibles, net	185,009	198,828
Goodwill	249,267	254,406
Deferred tax assets	11,938	10,980
Other assets	16,887	17,885
TOTAL ASSETS	1,350,395	1,432,556
Current liabilities
Accounts payable	114,824	179,825
Current portion of long term debt	3,350	3,349
Compensation and related benefits	40,310	63,780
Other current liabilities	62,890	63,118
Total current liabilities	221,374	310,072
Long-term debt	363,640	317,646
Postemployment benefits	19,619	19,627
Other liabilities	38,195	43,883
TOTAL LIABILITIES	642,828	691,228
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	160,668	160,072
Retained earnings	996,392	969,548
Treasury shares—at cost (14,963 and 14,308 shares)	(365,179)	(338,121)
Accumulated other comprehensive income (loss)	(94,314)	(60,171)
TOTAL SHAREHOLDERS’ EQUITY	707,567	741,328
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY	$ 1,350,395	$ 1,432,556