Consolidated Balance Sheets - USD ($) $ in Thousands	Jun. 30, 2016	Jun. 30, 2015
Current assets
Cash and cash equivalents	$ 59,861	$ 69,470
Accounts receivable, less allowances of $11,034 and $10,621	347,857	376,305
Inventories	338,221	362,419
Other current assets	35,687	37,816
Total current assets	781,626	846,010
Property — at cost
Land	14,214	12,950
Buildings	97,521	89,325
Equipment, including computers and software	157,496	166,515
Total property — at cost	269,231	268,790
Less accumulated depreciation	161,466	164,343
Property — net	107,765	104,447
Identifiable intangibles, net	191,240	198,828
Goodwill	202,700	254,406
Deferred tax assets	12,277	10,980
Other assets	16,921	17,885
Total Assets	1,312,529	1,432,556
Current liabilities
Accounts payable	148,543	179,825
Current portion of long-term debt	3,352	3,349
Compensation and related benefits	57,187	63,780
Other current liabilities	65,306	63,118
Total current liabilities	274,388	310,072
Long-term debt	324,982	317,646
Post-employment benefits	21,322	19,627
Other liabilities	33,921	43,883
Total Liabilities	654,613	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; 39,057 and 39,905 shares outstanding, respectively	10,000	10,000
Additional paid-in capital	162,529	160,072
Retained earnings	944,821	969,548
Treasury shares — at cost (15,156 and 14,308 shares), respectively	(373,888)	(338,121)
Accumulated other comprehensive loss	(85,546)	(60,171)
Total Shareholders’ Equity	657,916	741,328
Total Liabilities and Shareholders’ Equity	$ 1,312,529	$ 1,432,556