Condensed Consolidated Balance Sheets (Unaudited) - USD ($) $ in Thousands	Mar. 31, 2019	Jun. 30, 2018
Current assets
Cash and cash equivalents	$ 47,367	$ 54,150
Accounts receivable, less allowances of $13,055 and $13,566	574,468	548,811
Inventories	454,555	422,069
Other current assets	49,380	32,990
Total current assets	1,125,770	1,058,020
Property, less accumulated depreciation of $177,383 and $175,300	123,240	121,343
Identifiable intangibles, net	378,844	435,947
Goodwill	661,195	646,643
Other assets	33,761	23,788
TOTAL ASSETS	2,322,810	2,285,741
Current liabilities
Accounts payable	240,339	256,886
Current portion of long term debt	44,163	19,183
Compensation and related benefits	69,324	73,370
Other current liabilities	62,731	83,112
Total current liabilities	416,557	432,551
Long-term debt	937,536	944,522
Postemployment benefits	8,372	11,985
Other liabilities	77,497	81,720
TOTAL LIABILITIES	1,439,962	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; 38,593 and 38,703 outstanding, respectively	10,000	10,000
Additional paid-in capital	171,734	169,383
Retained Earnings	1,213,314	1,129,678
Treasury shares—at cost (15,620 and 15,510 shares, respectively)	(415,206)	(403,875)
Accumulated other comprehensive loss	(96,994)	(90,223)
TOTAL SHAREHOLDERS’ EQUITY	882,848	814,963
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY	$ 2,322,810	$ 2,285,741