Condensed Consolidated Balance Sheets (Unaudited) - USD ($) $ in Thousands	Mar. 31, 2017	Jun. 30, 2016
Current assets
Cash and cash equivalents	$ 67,313	$ 59,861
Accounts receivable, less allowances of $10,470 and $11,034	390,874	347,857
Inventories	344,743	338,221
Other current assets	33,181	35,582
Total current assets	836,111	781,521
Property, less accumulated depreciation of $165,956 and $161,466	106,773	107,765
Identifiable intangibles, net	168,404	191,240
Goodwill	205,341	202,700
Deferred tax assets	12,652	12,277
Other assets	17,410	16,522
TOTAL ASSETS	1,346,691	1,312,025
Current liabilities
Accounts payable	150,255	148,543
Current portion of long-term debt	4,012	3,247
Compensation and related benefits	57,615	57,187
Other current liabilities	58,683	65,306
Total current liabilities	270,565	274,283
Long-term debt	317,382	324,583
Postemployment benefits	20,226	21,322
Other liabilities	32,648	33,921
TOTAL LIABILITIES	640,821	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; 39,030 and 39,057 outstanding, respectively	10,000	10,000
Additional paid-in capital	163,448	162,529
Retained earnings	1,003,480	944,821
Treasury shares—at cost (15,183 and 15,156 shares)	(381,646)	(373,888)
Accumulated other comprehensive loss	(89,412)	(85,546)
TOTAL SHAREHOLDERS’ EQUITY	705,870	657,916
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY	$ 1,346,691	$ 1,312,025