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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Dec. 31, 2023
Dec. 31, 2022
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income $ 169,917 $ 176,226
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 71,270 71,035
Amortization of deferred financing costs 1,095 1,126
Non-cash lease expense 33,835 34,909
Stock-based compensation expense 22,949 20,196
Deferred income taxes (25,770) (48,320)
Changes in operating assets and liabilities, net of effect of business acquisitions:    
Accounts receivable, net (50,642) 55,518
Prepaid expenses and other assets (28,703) (30,322)
Accounts payable and other accrued expenses 90,769 28,157
Accrued compensation and benefits (124,640) (59,917)
Income taxes payable and receivable 2,879 (5,110)
Operating lease liabilities (38,206) (40,050)
Long-term liabilities 17,099 3,642
Net cash provided by operating activities 141,852 207,090
CASH FLOWS FROM INVESTING ACTIVITIES    
Capital expenditures (29,410) (25,670)
Acquisitions of businesses, net of cash acquired (10,869) 0
Other 1,974 0
Net cash used in investing activities (38,305) (25,670)
CASH FLOWS FROM FINANCING ACTIVITIES    
Proceeds from borrowings under bank credit facilities 1,531,500 1,101,500
Principal payments made under bank credit facilities (1,454,313) (1,269,813)
Proceeds from employee stock purchase plans 5,848 5,288
Repurchases of common stock (155,765) (5,286)
Payment of taxes for equity transactions (18,061) (13,269)
Net cash used in financing activities (90,791) (181,580)
Effect of exchange rate changes on cash and cash equivalents 319 94
Net change in cash and cash equivalents 13,075 (66)
Cash and cash equivalents, beginning of period 115,776 114,804
Cash and cash equivalents, end of period 128,851 114,738
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION    
Cash paid during the period for income taxes, net of refunds 60,381 100,400
Cash paid during the period for interest 46,986 27,654
Non-cash financing and investing activities:    
Accrued capital expenditures 1,769 736
Landlord sponsored tenant incentives $ 2,693 $ 1,908