Condensed Consolidated Balance Sheets (Unaudited) - USD ($) $ in Thousands	Sep. 30, 2017	Jun. 30, 2017
Current assets
Cash and cash equivalents	$ 77,769	$ 105,057
Accounts receivable, less allowances of $9,812 and $9,628	405,572	390,931
Inventories	364,979	345,145
Other current assets	28,559	41,409
Total current assets	876,879	882,542
Property, less accumulated depreciation of $170,163 and $166,143	111,313	108,068
Identifiable intangibles, net	159,848	163,562
Goodwill	209,834	206,135
Deferred tax assets	9,242	8,985
Other assets	17,791	18,303
TOTAL ASSETS	1,384,907	1,387,595
Current liabilities
Accounts payable	165,233	180,614
Current portion of long term debt	5,595	4,814
Compensation and related benefits	49,774	58,785
Other current liabilities	59,658	65,540
Total current liabilities	280,260	309,753
Long-term debt	285,175	286,769
Postemployment benefits	15,603	16,715
Other liabilities	30,201	29,102
TOTAL LIABILITIES	611,239	642,339
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; 38,815 and 39,041 outstanding, respectively	10,000	10,000
Additional paid-in capital	164,998	164,655
Retained Earnings	1,067,473	1,033,751
Treasury shares—at cost (15,398 and 15,172 shares, respectively)	(395,253)	(381,448)
Accumulated other comprehensive loss	(73,550)	(81,702)
TOTAL SHAREHOLDERS’ EQUITY	773,668	745,256
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY	$ 1,384,907	$ 1,387,595