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Condensed Statements of Consolidated Cash Flows (Unaudited) - USD ($)
9 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Effect of Exchange Rate Changes on Cash $ (288,000) $ 4,099,000
Net income 178,301,000 85,513,000
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization of property 16,215,000 15,641,000
Amortization of intangibles 24,096,000 26,238,000
Impairment expense 0 49,528,000
Amortization of stock options and appreciation rights 2,897,000 1,930,000
Other share-based compensation expense 6,064,000 4,660,000
Changes in operating assets and liabilities, net of acquisitions (106,136,000) 33,574,000
Other, net 12,386,000 (13,675,000)
Net Cash provided by Operating Activities 133,823,000 203,409,000
Cash Flows from Investing Activities    
Acquisition of businesses, net of cash acquired (6,974,000) (30,023,000)
Capital expenditures (11,674,000) (12,177,000)
Proceeds from property sales 494,000 691,000
Life insurance proceeds 3,159,000 0
Cash payments for loans on company-owned life insurance (14,835,000) 0
Net Cash used in Investing Activities (29,830,000) (41,509,000)
Cash Flows from Financing Activities    
Net borrowings under revolving credit facility 442,592,000 0
Long-term debt repayments 550,432,000 82,070,000
Interest rate swap settlement payments 4,812,000 2,122,000
Payment of debt issuance costs (1,956,000) (399,000)
Purchases of treasury shares (13,604,000) 0
Dividends paid (38,612,000) (37,772,000)
Acquisition holdback payments 2,361,000 2,344,000
Exercise of stock options and appreciation rights 224,000 163,000
Taxes paid for shares withheld for equity awards (4,405,000) (5,990,000)
Net Cash used in Financing Activities (173,366,000) (130,534,000)
(Decrease) increase in Cash and Cash Equivalents (69,661,000) 35,465,000
Cash and Cash Equivalents at Beginning of Period 257,745,000 268,551,000
Cash and Cash Equivalents at End of Period $ 188,084,000 $ 304,016,000