Condensed Consolidated Balance Sheets (Unaudited) - USD ($) $ in Thousands	Sep. 30, 2016	Jun. 30, 2016
Current assets
Cash and cash equivalents	$ 58,022	$ 59,861
Accounts receivable, less allowances of $11,628 and $11,034	347,286	347,857
Inventories	342,044	338,221
Other current assets	30,009	35,582
Total current assets	777,361	781,521
Property, less accumulated depreciation of $163,245 and $161,466	106,283	107,765
Identifiable intangibles, net	181,465	191,240
Goodwill	205,537	202,700
Deferred tax assets	11,802	12,277
Other assets	16,991	16,522
TOTAL ASSETS	1,299,439	1,312,025
Current liabilities
Accounts payable	149,007	148,543
Current portion of long term debt	3,248	3,247
Compensation and related benefits	46,327	57,187
Other current liabilities	65,719	65,306
Total current liabilities	264,301	274,283
Long-term debt	301,771	324,583
Postemployment benefits	21,290	21,322
Other liabilities	31,629	33,921
TOTAL LIABILITIES	618,991	654,109
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	162,518	162,529
Retained Earnings	972,174	944,821
Treasury shares—at cost (15,182 and 15,156 shares, respectively)	(376,441)	(373,888)
Accumulated other comprehensive loss	(87,803)	(85,546)
TOTAL SHAREHOLDERS’ EQUITY	680,448	657,916
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY	$ 1,299,439	$ 1,312,025