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Statements of Consolidated Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2014
Net income $ 29,577 $ 115,484 $ 112,821
Adjustments to reconcile net income to net cash provided by operating activities:      
Goodwill Impairment 64,794 0 0
Depreciation and amortization of property 15,966 16,578 13,977
Amortization of intangibles 25,580 25,797 14,023
Amortization of stock appreciation rights and options 1,543 1,610 1,808
Deferred income taxes (6,581) (4,961) (8,209)
Provision for losses on accounts receivable 4,303 2,597 3,970
Unrealized foreign exchange transaction losses (gains) 61 (727) 204
Other share-based compensation expense 2,524 2,851 2,703
Shares issued for deferred compensation plans 0 45 161
Loss (gain) on sale of property 337 (1,291) (53)
Changes in operating assets and liabilities, net of acquisitions:      
Accounts receivable 26,414 13,129 (29,089)
Inventories 25,081 (15,704) (29,171)
Other operating assets 2,964 797 17,966
Accounts payable (28,644) 1,040 21,369
Other operating liabilities (2,927) (2,707) (12,370)
Cash provided by Operating Activities 160,992 154,538 110,110
Cash Flows from Investing Activities      
Property purchases (13,130) (14,933) (20,190)
Proceeds from property sales 603 1,932 877
Net cash paid for acquisition of businesses, net of cash acquired (62,504) (160,620) (184,324)
Cash used in Investing Activities (75,031) (173,621) (203,637)
Cash Flows from Financing Activities      
Net (repayments) borrowings under revolving credit facility, classified as long term (19,000) (17,000) 69,000
Borrowings under long-term debt facilities 125,000 170,000 100,000
Long-term debt repayments (98,662) (2,717) (647)
Deferred financing costs (719) 0 0
Purchases of treasury shares (37,465) (76,515) (36,732)
Dividends paid (43,330) (42,663) (40,410)
Excess tax benefits from share-based compensation 208 1,042 2,674
Acquisition holdback payments (18,913) (7,693) (1,839)
Exercise of stock appreciation rights and options 896 235 96
Cash provided by (used in) Financing Activities (91,985) 24,689 92,142
Effect of exchange rate changes on cash (3,585) (7,325) (590)
Decrease in cash and cash equivalents (9,609) (1,719) (1,975)
Cash and cash equivalents at beginning of year 69,470 71,189 73,164
Cash and Cash Equivalents at End of Year 59,861 69,470 71,189
Cash paid during the year for:      
Income taxes 54,749 69,272 51,548
Interest $ 9,497 $ 5,851 $ 1,026