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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2017
Jun. 30, 2016
Current assets:    
Cash and cash equivalents $ 55,680 $ 66,828
Investments 2,046 881
Trade receivables: less allowance for doubtful accounts (2017, $485; 2016, $513) 264,896 167,612
Other receivables 10,664 12,650
Inventory 136,387 98,107
Prepaid expenses and other current assets 3,941 3,339
Deferred income tax asset, net 546 3,244
Total current assets 474,160 352,661
Property and equipment, net 10,428 10,044
Property held for sale 7,152 6,868
Goodwill 236,970 67,871
Intangible assets, net 285,081 79,071
Deferred income tax asset, net 19,453 18,053
Other assets 7,546 6,210
TOTAL ASSETS 1,040,790 540,778
Current liabilities:    
Current portion of long-term debt 14,466 197
Accounts payable 90,011 46,034
Accrued expenses 118,328 52,675
Total current liabilities 222,805 98,906
Long-term debt 339,200 118,592
Long-term liabilities 61,449 6,344
Environmental remediation liability 2,339 3,352
Deferred income tax liability 7,325 9,142
Total liabilities 633,118 236,336
Commitments and contingencies (Note 16)
Shareholders' equity:    
Preferred stock, 2,000 shares authorized; no shares issued and outstanding
Common stock, $.01 par value, 75,000 shares authorized at June 30, 2017 and June 30, 2016; 30,094 and 29,595 shares issued and outstanding at June 30, 2017 and 2016, respectively 301 296
Capital in excess of par value 214,198 115,667
Retained earnings 198,285 194,804
Accumulated other comprehensive loss (5,112) (6,325)
Total shareholders' equity 407,672 304,442
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 1,040,790 $ 540,778