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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2014
OPERATING ACTIVITIES:      
Net income $ 44,857 $ 149,992 $ 57,163
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 33,433 5,583 5,984
Deferred income benefit (19,497) (3,266) (12,886)
Share-based compensation 11,562 6,397 9,026
Excess tax benefits on share-based compensation awards (1,507) (8,051) (7,017)
Intangible assets impairment charge 8,000 0 0
Loss (gain) on sale of assets 92 (33) 142
Loss (gain) on investment securities 11 (705) (1,907)
Loss on extinguishment of debt 3,009    
Amortization of debt discount and other debt issuance costs 12,484 110 111
JSP contract renewal cost     20,100
Other noncash expenses 523    
Changes in assets and liabilities which provided (used) cash, net of acquisition:      
Accounts receivable, net 15,149 (25,382) (34,912)
Inventories 15,296 1,358 (12,313)
Income taxes payable 1,717 5,127 11,432
Other assets 7,719 (1,673) 154
Rebates payable 4,525 2,995 3,491
Royalties payable 1,524    
Restructuring liability 4,130    
Settlement liability 18,598    
Accounts payable (3,723) (2,498) (1,686)
Accrued expenses (1,760) 1,027 2,271
Accrued payroll and payroll-related expenses (20,865) (2,463) 5,950
Net cash provided by operating activities 135,277 128,518 45,103
INVESTING ACTIVITIES:      
Purchases of property, plant and equipment (24,267) (31,676) (26,082)
Proceeds from sale of property, plant and equipment 16 94 48
Purchases of intangible assets   (300)  
Acquisitions, net of cash acquired (934,178) (41,862)  
Proceeds from sale of investment securities 39,895 75,770 23,374
Purchase of investment securities (40,533) (47,839) (53,699)
Net cash used in investing activities (959,067) (45,813) (56,359)
FINANCING ACTIVITIES:      
Proceeds from issuance of long-term debt 1,048,610    
Short-term borrowings under revolving credit facility 125,000    
Repayments of long-term debt (295,033) (129) (5,376)
Proceeds from issuance of stock 4,134 4,938 5,369
Payment of debt issuance costs (34,710) (435) (402)
Excess tax benefits on share-based compensation awards 1,507 8,051 7,017
Proceeds from stock offering     71,478
Purchase of treasury stock (1,269) (121) (3,925)
Distributions to noncontrolling shareholders (20) (15)  
Net cash provided by financing activities 848,219 12,289 74,161
Effect on cash and cash equivalents of changes in foreign exchange rates   (241) (7)
NET INCREASE IN CASH AND CASH EQUIVALENTS 24,429 94,753 62,898
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD 200,340 105,587 42,689
CASH AND CASH EQUIVALENTS, END OF PERIOD 224,769 200,340 105,587
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:      
Interest paid 52,916 206 130
Income taxes paid 35,141 $ 75,569 $ 34,311
Issuance of unsecured 12.0% Senior Notes to finance KUPI acquisition 200,000    
Issuance of a warrant to finance KUPI acquisition 29,920    
Acquisition-related contingent consideration $ 35,000