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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2021
CASH FLOWS FROM OPERATING ACTIVITIES      
Net income $ 384,735 $ 366,794 $ 457,443
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 141,564 134,681 125,363
Amortization of deferred financing costs 2,233 2,276 2,320
Loss on extinguishment of debt 0 891 0
Non-cash lease expense 69,400 69,382 77,148
Stock-based compensation expense 39,643 31,732 30,463
Deferred income taxes (146,013) 9,570 108,973
Changes in operating assets and liabilities, net of effect of business acquisitions:      
Accounts receivable, net 32,081 (4,463) (38,162)
Prepaid expenses and other assets (43,568) (13,605) (15,760)
Accounts payable and other accrued expenses (6,629) 80,874 49,812
Accrued compensation and benefits (34,422) (55,037) 68,742
Income taxes payable and receivable 10,997 187,854 (231,971)
Operating lease liabilities (75,586) (74,080) (73,057)
Long-term liabilities 13,621 8,685 30,901
Net cash provided by operating activities 388,056 745,554 592,215
CASH FLOWS FROM INVESTING ACTIVITIES      
Capital expenditures (63,717) (74,564) (73,129)
Acquisitions of businesses, net of cash acquired (14,462) (615,508) (356,261)
Other 2,462 923 2,744
Net cash used in investing activities (75,717) (689,149) (426,646)
CASH FLOWS FROM FINANCING ACTIVITIES      
Proceeds from borrowings under bank credit facilities 3,238,000 2,508,595 3,290,000
Principal payments made under bank credit facilities (3,276,625) (2,508,542) (2,960,920)
Payment of financing costs under bank credit facilities 0 (6,286) 0
Proceeds from employee stock purchase plans 10,225 9,728 9,181
Repurchases of common stock (273,235) (9,785) (509,137)
Payment of taxes for equity transactions (14,473) (14,919) (19,720)
Net cash used in financing activities (316,108) (21,209) (190,596)
Effect of exchange rate changes on cash and cash equivalents 4,741 (8,423) 5,822
Net change in cash and cash equivalents 972 26,773 (19,205)
Cash and cash equivalents, beginning of year 114,804 88,031 107,236
Cash and cash equivalents, end of year 115,776 114,804 88,031
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION      
Cash paid (refunds received) during the period for income taxes 219,343 (121,998) 142,177
Cash paid during the period for interest 72,723 37,652 36,137
Non-cash financing and investing activities:      
Accrued capital expenditures 3,031 1,863 950
Landlord sponsored tenant incentives $ 3,958 $ 2,788 $ 16,363