XML 19 R6.htm IDEA: XBRL DOCUMENT v3.25.1
Condensed Statements of Consolidated Cash Flows (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Net income $ 285,152 $ 282,271
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization of property 18,433 17,567
Amortization of intangibles 25,385 21,601
Provision for losses on accounts receivable 2,652 1,001
Amortization of stock appreciation rights 3,570 2,570
Other share-based compensation expense 5,824 7,508
Changes in operating assets and liabilities, net of acquisitions 5,371 (77,403)
Other, net (1,050) (2,956)
Net Cash provided by Operating Activities 345,337 252,159
Cash Flows from Investing Activities    
Acquisition of businesses, net of cash acquired (273,312) (21,440)
Capital expenditures (18,295) (17,354)
Proceeds from property sales 1,022 514
Net Cash used in Investing Activities (290,585) (38,280)
Cash Flows from Financing Activities    
Long-term debt repayments 25,106 25,188
Interest rate swap settlement receipts (9,435) (10,839)
Purchases of treasury shares (79,794) (28,875)
Dividends paid (46,159) (41,524)
Acquisition holdback payments 1,210 681
Exercise of stock appreciation rights and options 0 127
Taxes paid for shares withheld for equity awards (14,332) (15,874)
Net Cash used in Financing Activities (157,166) (101,176)
Effect of Exchange Rate Changes on Cash (5,361) (206)
(Decrease) Increase in Cash and Cash Equivalents (107,775) 112,497
Cash and Cash Equivalents at Beginning of Period 460,617 344,036
Cash and Cash Equivalents at End of Period $ 352,842 $ 456,533