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Consolidated Statements Of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2022
CASH FLOWS FROM OPERATING ACTIVITIES:      
Net income $ 595,317 $ 553,700 $ 553,674
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 121,784 130,501 142,178
Provision for credit losses 82,567 52,290 66,807
Deferred taxes (40,940) 49,579 (53,352)
Stock-based compensation 34,277 31,326 34,252
Impairment of goodwill 0 0  
Changes in assets and liabilities, net of acquisitions:      
Receivables (108,394) (57,244) (37,889)
Prepaid expenses, other current and noncurrent assets (7,287) (7,011) (1,944)
Accounts payable, accrued expenses, salaries, wages and payroll taxes (4,662) (67,627) (19,645)
Deferred revenue, other current and noncurrent liabilities (28,507) (4,773) 7,342
Income tax receivables, accrued income taxes and income tax reserves 75,444 144,164 118,713
Other, net 1,261 (3,064) (1,599)
Net cash provided by operating activities 720,860 821,841 808,537
CASH FLOWS FROM INVESTING ACTIVITIES:      
Capital expenditures (63,678) (69,698) (61,955)
Payments made for business acquisitions, net of cash acquired (43,358) (48,246) (35,920)
Franchise loans funded (18,891) (21,633) (18,467)
Payments from franchisees 24,926 27,350 30,899
Other, net 7,143 10,838 8,902
Net cash used in investing activities (93,858) (101,389) (76,541)
CASH FLOWS FROM FINANCING ACTIVITIES:      
Repayments of line of credit borrowings (1,025,000) (970,000) (705,000)
Proceeds from line of credit borrowings 1,025,000 970,000 705,000
Repayments of long-term debt 0 0 500,000
Dividends paid (179,775) (177,925) (186,476)
Repurchase of common stock, including shares surrendered (379,569) (568,952) (563,174)
Other, net (4,967) (4,115) (7,696)
Net cash used in financing activities (564,311) (750,992) (1,257,346)
Effects of exchange rate changes on cash (2,814) (4,857) (8,101)
Net increase (decrease) in cash and cash equivalents, including restricted balances 59,877 (35,397) (533,451)
Cash, cash equivalents and restricted cash, beginning of the period 1,015,316 1,050,713 1,584,164
Cash, cash equivalents and restricted cash, end of the period 1,075,193 1,015,316 1,050,713
SUPPLEMENTARY CASH FLOW DATA:      
Income taxes paid (received), net 131,173 (45,539) 31,689
Interest paid on borrowings 75,694 69,554 81,960
Accrued additions to property and equipment 3,052 2,238 4,315
Dividends Payable $ 44,653 $ 42,953 $ 43,093
Effective tax rate 21.60% 21.00% 14.90%