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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
$ in Thousands
9 Months Ended
Mar. 31, 2022
Mar. 31, 2021
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income $ 273,825 $ 320,466
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 99,484 93,608
Amortization of deferred financing costs 1,712 1,743
Loss on extinguishment of debt 891  
Non-cash lease expense 51,449 57,800
Stock-based compensation expense 23,085 23,841
Deferred income taxes 2,813 (585)
Changes in operating assets and liabilities, net of effect of business acquisitions:    
Accounts receivable, net 66,953 (18,826)
Prepaid expenses and other assets (27,227) (27,068)
Accounts payable and other accrued expenses 23,056 27,933
Accrued compensation and benefits (84,466) 41,691
Income taxes payable and receivable 201,112 10,102
Operating lease liabilities (54,575) (55,274)
Long-term liabilities 14,901 25,085
Net cash provided by operating activities 593,013 500,516
CASH FLOWS FROM INVESTING ACTIVITIES    
Capital expenditures (38,742) (51,273)
Acquisition of businesses, net of cash acquired (615,769) (355,452)
Other 923 2,744
Net cash used in investing activities (653,588) (403,981)
CASH FLOWS FROM FINANCING ACTIVITIES    
Proceeds from borrowings under bank credit facilities 2,087,095 2,478,500
Principal payments made under bank credit facilities (1,965,386) (2,062,690)
Payment of financing costs under bank credit facilities (6,286)  
Proceeds from employee stock purchase plans 7,398 6,840
Repurchases of common stock (7,301) (506,629)
Payment of taxes for equity transactions (14,685) (19,567)
Net cash provided by (used in) financing activities 100,835 (103,546)
Effect of exchange rate changes on cash and cash equivalents (3,217) 5,366
Net change in cash and cash equivalents 37,043 (1,645)
Cash and cash equivalents at beginning of period 88,031 107,236
Cash and cash equivalents at end of period 125,074 105,591
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION    
Cash paid (refunds received) during the period for income taxes (146,985) 48,855
Cash paid during the period for interest 27,298 25,405
Non-cash financing and investing activities:    
Landlord sponsored tenant incentives 2,256 15,468
Accrued capital expenditures $ 952 $ 1,075