XML 21 R6.htm IDEA: XBRL DOCUMENT v3.5.0.2
Condensed Statements of Consolidated Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Cash Flows from Operating Activities    
Net income $ 27,371 $ 24,291
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization of property 3,650 3,930
Amortization of intangibles 6,237 6,083
Unrealized foreign exchange transactions loss 248 434
Amortization of stock options and appreciation rights 809 630
(Gain) loss on sale of property (1,068) 90
Other share-based compensation expense 555 628
Changes in operating assets and liabilities, net of acquisitions 2,835 (23,012)
Other, net 1,227 2,016
Net Cash provided by Operating Activities 41,864 15,090
Cash Flows from Investing Activities    
Acquisition of businesses, net of cash acquired 0 (11,250)
Property purchases (2,999) (3,112)
Proceeds from property sales 1,747 113
Net Cash used in Investing Activities (1,252) (14,249)
Cash Flows from Financing Activities    
Net (Repayments) Borrowings under revolving credit facility (22,000) 35,000
Long-term debt repayments (838) (681)
Purchases of treasury shares (3,048) (17,956)
Dividends paid (10,943) (10,745)
Tax shortfall from share-based compensation 0 (59)
Acquisition holdback payments (4,444) (7,857)
Exercise of stock options and appreciation rights 108 0
Taxes paid for shares withheld for equity awards (987) (502)
Net Cash used in Financing Activities (42,152) (2,800)
Effect of Exchange Rate Changes on Cash (299) (3,545)
Decrease in Cash and Cash Equivalents (1,839) (5,504)
Cash and Cash Equivalents at Beginning of Period 59,861 69,470
Cash and Cash Equivalents at End of Period $ 58,022 $ 63,966