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Condensed Statements of Consolidated Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Cash Flows from Operating Activities    
Net income $ 48,938 $ 33,721
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization of property 4,981 3,927
Amortization of intangibles 10,921 5,831
Amortization of stock options and appreciation rights 651 577
Other share-based compensation expense 1,043 778
Changes in operating assets and liabilities, net of acquisitions (53,184) (35,025)
Other, net (1,553) (369)
Net Cash provided by Operating Activities 11,797 9,440
Cash Flows from Investing Activities    
Acquisition of businesses, net of cash acquired 0 (5,014)
Property purchases (3,173) (6,336)
Proceeds from property sales 77 283
Net Cash used in Investing Activities (3,096) (11,067)
Cash Flows from Financing Activities    
Net repayments under revolving credit facility (19,500) 0
Long-term debt borrowings 175,000 0
Long-term debt repayments 146,934 839
Payment of debt issuance costs (685) 0
Purchases of treasury shares 0 (13,761)
Dividends paid (11,334) (11,327)
Acquisition holdback payments 219 319
Taxes paid for shares withheld for equity awards (3,203) (1,056)
Net Cash used in Financing Activities (6,875) (27,302)
Effect of Exchange Rate Changes on Cash 432 1,641
Increase (Decrease) in Cash and Cash Equivalents 2,258 (27,288)
Cash and Cash Equivalents at Beginning of Period 54,150 105,057
Cash and Cash Equivalents at End of Period $ 56,408 $ 77,769