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Condensed Statements of Consolidated Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Cash Flows from Operating Activities    
Net income $ 51,456 $ 48,238
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization of property 7,487 8,010
Amortization of intangibles 12,331 12,325
Unrealized foreign exchange transactions loss 272 65
Amortization of stock options and appreciation rights 1,180 939
(Gain) loss on sale of property (1,581) 51
Other share-based compensation expense 1,278 954
Changes in operating assets and liabilities, net of acquisitions (27,252) (38,187)
Other, net 487 1,451
Net Cash provided by Operating Activities 45,658 33,846
Cash Flows from Investing Activities    
Property purchases (6,710) (5,737)
Proceeds from property sales 2,648 194
Acquisition of businesses, net of cash acquired 0 (23,250)
Net Cash used in Investing Activities (4,062) (28,793)
Cash Flows from Financing Activities    
Borrowings under revolving credit facility 1,000 18,000
Long-term debt borrowings 0 125,000
Long-term debt repayments (1,695) (97,006)
Purchases of treasury shares (5,478) (27,767)
Dividends paid (21,893) (21,369)
Excess tax benefits from share-based compensation 0 49
Acquisition holdback payments (7,069) (10,614)
Taxes paid for shares withheld (2,081) (903)
Exercise of stock options and appreciation rights 195 264
Net Cash used in Financing Activities (37,021) (14,346)
Effect of Exchange Rate Changes on Cash (1,579) (4,543)
Increase (decrease) in Cash and Cash Equivalents 2,996 (13,836)
Cash and Cash Equivalents at Beginning of Period 59,861 69,470
Cash and Cash Equivalents at End of Period $ 62,857 $ 55,634