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Inventories
12 Months Ended
Jun. 30, 2023
Inventory Disclosure [Abstract]  
INVENTORIES INVENTORIES
Inventories consist of the following:
June 30,20232022
U.S. inventories at average cost$558,299 $487,555 
Foreign inventories at average cost158,165 141,176 
716,464 628,731 
Less: Excess of average cost over LIFO cost for U.S. inventories215,280 178,910 
Inventories on consolidated balance sheets$501,184 $449,821 
The overall impact of LIFO layer liquidations increased gross profit by $127, $501, and $3,895 in fiscal 2023, fiscal 2022, and fiscal 2021, respectively.