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Condensed Statements of Consolidated Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Cash Flows from Operating Activities    
Net income $ 87,655 $ 64,671
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization of property 10,019 8,008
Amortization of intangibles 21,912 11,526
Unrealized foreign exchange transactions gain (155) (610)
Amortization of stock options and appreciation rights 1,257 1,013
Gain on sale of property (105) (333)
Other share-based compensation expense 2,351 1,577
Changes in operating assets and liabilities, net of acquisitions (55,922) (65,007)
Other, net (1,432) 339
Net Cash provided by Operating Activities 65,580 21,184
Cash Flows from Investing Activities    
Acquisition of businesses, net of cash acquired (6,900) (5,014)
Property purchases (7,096) (11,460)
Proceeds from property sales 244 596
Other 391 0
Net Cash used in Investing Activities (13,361) (15,878)
Cash Flows from Financing Activities    
Net (repayments) borrowings under revolving credit facility (19,500) 23,000
Long-term debt borrowings 175,000 0
Long-term debt repayments 151,868 1,679
Payment of debt issuance costs (685) 0
Purchases of treasury shares 0 (22,778)
Dividends paid (23,275) (22,571)
Acquisition holdback payments 2,275 319
Taxes paid for shares withheld for equity awards (3,318) (1,298)
Net Cash used in Financing Activities (25,921) (25,645)
Effect of Exchange Rate Changes on Cash 621 (606)
Increase (Decrease) in Cash and Cash Equivalents 25,677 (19,733)
Cash and Cash Equivalents at Beginning of Period 54,150 105,057
Cash and Cash Equivalents at End of Period $ 79,827 $ 85,324