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Condensed Statements of Consolidated Cash Flows (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Cash Flows from Operating Activities    
Net income $ 101,263 $ 80,950
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization of property 12,721 11,364
Amortization of intangibles 21,326 18,387
Unrealized foreign exchange transactions (gain) loss (440) 499
Amortization of stock options and appreciation rights 1,479 1,533
Gain on sale of property (246) (1,540)
Other share-based compensation expense 3,481 2,836
Changes in operating assets and liabilities, net of acquisitions (91,642) (36,375)
Other, net (64) 852
Net Cash provided by Operating Activities 47,878 78,506
Cash Flows from Investing Activities    
Property purchases (17,898) (11,787)
Proceeds from property sales 714 2,724
Acquisition of businesses, net of cash acquired (778,149) (2,778)
Net Cash used in Investing Activities (795,333) (11,841)
Cash Flows from Financing Activities    
Net borrowings under revolving credit facility 87,500 (4,000)
Long-term debt borrowings 780,000 0
Long-term debt repayments (120,488) (2,514)
Debt Issuance Costs (3,298) 0
Purchases of treasury shares (22,778) (8,242)
Dividends paid (34,190) (33,236)
Acquisition holdback payments (318) (7,694)
Taxes paid for shares withheld (1,498) (3,373)
Exercise of stock options and appreciation rights 5 306
Net Cash provided by (used in) Financing Activities 684,935 (58,753)
Effect of Exchange Rate Changes on Cash 986 (460)
(Decrease) increase in Cash and Cash Equivalents (61,534) 7,452
Cash and Cash Equivalents at Beginning of Period 105,057 59,861
Cash and Cash Equivalents at End of Period $ 43,523 $ 67,313