XML 18 R7.htm IDEA: XBRL DOCUMENT v3.21.2
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Cash Flows from Operating Activities    
Net earnings $ 74,464 $ 46,266
Adjustments to reconcile net earnings (loss) to net cash provided by operating activities:    
Depreciation 49,297 44,474
Amortization 20,395 20,211
Share-based compensation expense 23,796 15,757
Amortization of discount on convertible debt and debt issuance costs 2,227 5,170
Debt extinguishment costs 0 24,747
Unrealized losses (gains) on foreign currency remeasurements and transactions (4,882) 4,703
Earnings from equity investments (687) (1,417)
Deferred income taxes 10,672 22,567
Increase (decrease) in cash from changes in (net of effect of acquisitions):    
Accounts receivable (1,821) 22,483
Inventories (56,260) (4,671)
Accounts payable (4,248) (15,165)
Income taxes (6,826) 2,484
Accrued compensation and benefits (56,273) (34,973)
Other operating net assets (liabilities) 2,482 (18,309)
Net cash provided by operating activities 52,336 134,327
Cash Flows from Investing Activities    
Additions to property, plant & equipment (47,565) (33,792)
Purchases of businesses, net of cash acquired 0 (36,064)
Net cash used in investing activities (47,565) (69,856)
Cash Flows from Financing Activities    
Proceeds from issuance of common shares 0 460,000
Payments on borrowings under Revolving Credit Facility 0 (25,000)
Equity issuance costs 0 (36,092)
Proceeds from exercises of stock options and purchases of stock under employee stock purchase plan 7,481 1,083
Payments in satisfaction of employees' minimum tax obligations (13,017) (5,574)
Payment of dividends (13,808) 0
Other financing activities (1,109) (1,329)
Net cash provided by (used in) financing activities (35,966) 122,975
Effect of exchange rate changes on cash and cash equivalents (522) 3,493
Net increase (decrease) in cash and cash equivalents (31,717) 190,939
Cash and Cash Equivalents at Beginning of Period 1,591,892 493,046
Cash and Cash Equivalents at End of Period 1,560,175 683,985
Cash paid for interest 8,326 7,615
Cash paid for income taxes 12,417 13,606
Additions to property, plant & equipment included in accounts payable 38,400 17,472
Series A Preferred Stock    
Cash Flows from Financing Activities    
Proceeds from issuance of Series A and Series B preferred shares 0 460,000
Term A Loan    
Cash Flows from Financing Activities    
Payments on borrowings (15,513) (15,513)
Term B Loan    
Cash Flows from Financing Activities    
Payments on borrowings $ 0 $ (714,600)