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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2020
Jun. 30, 2019
Current assets    
Cash and cash equivalents $ 165,464 $ 108,219
Accounts receivable, net 524,081 540,902
Inventories 421,201 447,555
Other current assets 51,773 51,462
Total current assets 1,162,519 1,148,138
Property, less accumulated depreciation of $187,292 and $181,066 123,770 124,303
Operating lease assets, net 86,617 0
Identifiable intangibles, net 352,864 368,866
Goodwill 539,495 661,991
Other assets 24,264 28,399
TOTAL ASSETS 2,289,529 2,331,697
Current liabilities    
Accounts payable 214,253 237,289
Current portion of long-term debt 78,642 49,036
Compensation and related benefits 69,051 67,978
Other current liabilities 85,915 69,491
Total current liabilities 447,861 423,794
Long-term debt 864,758 908,850
Other liabilities 146,350 102,019
TOTAL LIABILITIES 1,458,969 1,434,663
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 10,000 10,000
Additional paid-in capital 174,830 172,931
Retained earnings 1,195,411 1,229,148
Treasury shares—at cost (15,506 and 15,616 shares, respectively) (414,174) (415,159)
Accumulated other comprehensive loss (135,507) (99,886)
TOTAL SHAREHOLDERS’ EQUITY 830,560 897,034
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY $ 2,289,529 $ 2,331,697