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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2017
Jun. 30, 2017
Current assets:    
Cash and cash equivalents $ 72,100 $ 55,680
Investments 3,048 2,046
Trade receivables, less allowance for doubtful accounts (September 30, 2017, $476; June 30, 2017, $485) 240,620 260,889
Other receivables 11,897 12,066
Inventory 135,119 136,387
Prepaid expenses and other current assets 4,916 3,941
Deferred income tax asset, net   546
Total current assets 467,700 471,555
Property and equipment, net 11,569 10,428
Property held for sale 6,250 7,152
Goodwill 237,004 236,970
Intangible assets, net 277,247 285,081
Deferred income tax asset, net 10,991 19,453
Other assets 7,212 7,546
TOTAL ASSETS 1,017,973 1,038,185
Current liabilities:    
Current portion of long-term debt 14,482 14,466
Accounts payable 98,013 90,011
Accrued expenses 114,654 118,328
Total current liabilities 227,149 222,805
Long-term debt, net 317,097 339,200
Long-term liabilities 62,743 61,449
Environmental remediation liability 1,754 2,339
Deferred income tax liability   7,325
Total liabilities 608,743 633,118
Commitments and contingencies (Note 7)
Shareholders' equity:    
Preferred stock, 2,000 shares authorized; no shares issued and outstanding
Common stock, $.01 par value, 75,000 shares authorized; 30,581 and 30,094 shares issued and outstanding at September 30, 2017 and June 30, 2017, respectively 306 301
Capital in excess of par value 217,439 214,198
Retained earnings 194,171 195,680
Accumulated other comprehensive loss (2,686) (5,112)
Total shareholders' equity 409,230 405,067
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 1,017,973 $ 1,038,185