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CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Jun. 30, 2012
Operating activities:      
Net income $ 29,000 $ 22,328 $ 16,981
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 8,091 6,944 6,942
Provision for doubtful accounts 8 409 211
Non-cash stock compensation 3,156 1,788 1,168
Deferred income taxes (3,083) (2,649) (1,777)
Earnings on equity investment in joint venture (2,024) (1,790) (1,598)
Contingent consideration   3,244 761
Changes in assets and liabilities:      
Trade receivables (19,400) (14,985) 5,711
Other receivables 1,353 (2,685) 1,446
Inventory (7,764) 1,632 (9,926)
Prepaid expenses and other current assets (232) (694) (594)
Other assets 57 610 756
Accounts payable 5,216 (3,228) (978)
Accrued expenses and other liabilities 8,868 12,807 (5,834)
Distributions from joint venture 1,810 1,745 1,712
Net cash provided by operating activities 25,056 25,476 14,981
Investing activities:      
Payment for net assets of businesses acquired (86,140)    
Purchases of investments (108) (2,698) (1,155)
Sales of investments 1,506 2,029 475
Payments received on notes receivable     350
Proceeds from sale of intangible assets     400
Payments for intangible assets (746) (1,505) (726)
Purchases of property and equipment, net (1,145) (1,022) (1,098)
Net cash used in investing activities (86,633) (3,196) (1,754)
Financing activities:      
Proceeds from exercise of stock options 3,655 6,257 620
Excess income tax benefit on stock option exercises and restricted stock 1,752 619 148
Payment of cash dividends (6,806) (6,016) (5,331)
Payment of deferred consideration (1,500) (1,470) (1,500)
Borrowings of bank loans 114,145 10,000  
Repayment of bank loans (40,713) (23,696) (9,232)
Net cash provided by (used in) financing activities 70,533 (14,306) (15,295)
Effect of foreign exchange rate changes on cash 710 395 (1,734)
Net increase (decrease) in cash and cash equivalents 9,666 8,369 (3,802)
Cash and cash equivalents at beginning of period 33,231 24,862 28,664
Cash and cash equivalents at end of period $ 42,897 $ 33,231 $ 24,862