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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Dec. 31, 2018
Jun. 30, 2018
Current assets    
Cash and cash equivalents $ 79,827 $ 54,150
Accounts receivable, less allowances of $13,982 and $13,566 512,034 548,811
Inventories 445,881 422,069
Other current assets 44,041 32,990
Total current assets 1,081,783 1,058,020
Property, less accumulated depreciation of $182,812 and $175,300 122,005 121,343
Identifiable intangibles, net 413,093 435,947
Goodwill 651,206 646,643
Other assets 21,901 23,788
TOTAL ASSETS 2,289,988 2,285,741
Current liabilities    
Accounts payable 232,558 256,886
Current portion of long term debt 44,184 19,183
Compensation and related benefits 56,882 73,370
Other current liabilities 60,164 83,112
Total current liabilities 393,788 432,551
Long-term debt 923,410 944,522
Postemployment benefits 9,200 11,985
Other liabilities 73,675 81,720
TOTAL LIABILITIES 1,400,073 1,470,778
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; 38,758 and 38,703 outstanding, respectively 10,000 10,000
Additional paid-in capital 170,385 169,383
Retained Earnings 1,208,748 1,129,678
Treasury shares—at cost (15,455 and 15,510 shares, respectively) (404,586) (403,875)
Accumulated other comprehensive loss (94,632) (90,223)
TOTAL SHAREHOLDERS’ EQUITY 889,915 814,963
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY $ 2,289,988 $ 2,285,741