Condensed Consolidated Balance Sheets (Unaudited) - USD ($) $ in Thousands	Mar. 31, 2016	Jun. 30, 2015
Current assets
Cash and cash equivalents	$ 62,932	$ 69,470
Accounts receivable, less allowances of $11,479 and $10,621	354,553	376,305
Inventories	346,979	362,419
Other current assets	39,377	37,816
Total current assets	803,841	846,010
Property, less accumulated depreciation of $162,425 and $164,343	108,132	104,447
Identifiable intangibles, net	195,726	198,828
Goodwill	199,236	254,406
Deferred tax assets	10,109	10,980
Other assets	17,295	17,885
TOTAL ASSETS	1,334,339	1,432,556
Current liabilities
Accounts payable	134,871	179,825
Current portion of long term debt	3,351	3,349
Compensation and related benefits	51,401	63,780
Other current liabilities	62,852	63,118
Total current liabilities	252,475	310,072
Long-term debt	367,820	317,646
Postemployment benefits	19,282	19,627
Other liabilities	37,920	43,883
TOTAL LIABILITIES	677,497	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	161,735	160,072
Retained earnings	940,696	969,548
Treasury shares—at cost (15,186 and 14,308 shares)	(374,393)	(338,121)
Accumulated other comprehensive loss	(81,196)	(60,171)
TOTAL SHAREHOLDERS’ EQUITY	656,842	741,328
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY	$ 1,334,339	$ 1,432,556