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Condensed Statements of Consolidated Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Cash Flows from Operating Activities    
Net income $ 48,238 $ 58,829
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization of property 8,010 8,331
Amortization of intangibles 12,325 13,059
Unrealized foreign exchange transactions loss (gain) 65 (790)
Amortization of stock options and appreciation rights 939 825
Loss (gain) on sale of property 51 (4)
Other share-based compensation expense 954 679
Changes in operating assets and liabilities, net of acquisitions (39,090) (80,863)
Other, net 1,451 1,107
Net Cash provided by Operating Activities 32,943 1,173
Cash Flows from Investing Activities    
Property purchases (5,737) (7,806)
Proceeds from property sales 194 187
Acquisition of businesses, net of cash acquired (23,250) (165,646)
Net Cash used in Investing Activities (28,793) (173,265)
Cash Flows from Financing Activities    
Borrowings under revolving credit facility 18,000 10,000
Long-term debt borrowings 125,000 170,241
Long-term debt repayments (97,006) (1,597)
Purchases of treasury shares (27,767) (21,849)
Dividends paid (21,369) (20,742)
Excess tax benefits from share-based compensation 49 906
Acquisition holdback payments (10,614) (287)
Exercise of stock options and appreciation rights 264 120
Net Cash provided by (used in) Financing Activities (13,443) 136,792
Effect of Exchange Rate Changes on Cash (4,543) (2,705)
Decrease in Cash and Cash Equivalents (13,836) (38,005)
Cash and Cash Equivalents at Beginning of Period 69,470 71,189
Cash and Cash Equivalents at End of Period $ 55,634 $ 33,184