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Statements of Consolidated Cash Flows (USD $)
In Thousands
12 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Jun. 30, 2009
Cash Flows from Operating Activities      
Net income $ 96,759 $ 65,903 $ 42,260
Adjustments to reconcile net income to net cash provided by operating activities:      
Goodwill Impairment     36,605
Deferred income taxes 4,784 2,408 (16,648)
Depreciation and amortization of property 11,234 11,465 12,736
Amortization of intangibles 11,382 10,151 9,655
Provision for losses on accounts receivable 2,029 2,508 4,540
Amortization of stock options and appreciation rights 2,473 3,020 3,702
Unrealized foreign exchange transaction (gains) losses   (4) 806
Other share-based compensation expense 3,379 2,361 800
Gain on sale of property (765) (198) (320)
Changes in assets and liabilities, net of acquisitions:      
Accounts receivable (36,271) (48,578) 63,929
Inventories (21,197) 83,497 (20,581)
Other operating assets (11,185) 17,408 6,858
Accounts payable 12,926 13,566 (38,124)
Other operating liabilities 1,294 20,817 (24,918)
Net Cash provided by Operating Activities 76,842 184,324 81,300
Cash Flows from Investing Activities      
Property purchases (20,431) (7,216) (6,988)
Proceeds from property sales 1,326 532 757
Net cash paid for acquisition of businesses, net of cash acquired of $ 168 and $185 in 2011 and 2009, respectively (30,504) (100) (172,199)
Other 1,722    
Net Cash used in Investing Activities (47,887) (6,784) (178,430)
Cash Flows from Financing Activities      
Net short-term (repayments) borrowings under revolving credit facility   (5,000) 5,000
(Repayments) borrowings under revolving credit facility originally classified as long-term (50,000)   50,000
Long-term debt repayment (25,000)    
Settlements of cross-currency swap agreements (12,752)    
Purchases of treasury shares (6,085) (3,929) (1,210)
Dividends paid (29,751) (25,416) (25,378)
Excess tax benefits from share-based compensation 6,404 2,492 802
Exercise of stock options and appreciation rights 661 1,339 408
Other     (1,120)
Net Cash (used in) provided by Financing Activities (116,523) (30,514) 28,502
Effect of Exchange Rate Changes on Cash 2,883 1,109 (5,560)
(Decrease) increase in cash and cash equivalents (84,685) 148,135 (74,188)
Cash and cash equivalents at beginning of year 175,777 27,642 101,830
Cash and Cash Equivalents at End of Year 91,092 175,777 27,642
Cash paid during the year for:      
Income taxes 47,251 31,179 43,081
Interest $ 2,248 $ 5,195 $ 5,265