XML 18 R7.htm IDEA: XBRL DOCUMENT v3.10.0.1
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Cash Flows from Operating Activities    
Net earnings $ 26,149 $ 21,141
Adjustments to reconcile net earnings to net cash provided by operating activities:    
Depreciation 18,472 15,219
Amortization 3,698 3,597
Share-based compensation expense 3,255 4,250
Loss (gain) on foreign currency remeasurements and transactions 1,412 (496)
Earnings from equity investment (1,594) (270)
Deferred income taxes (1,598) (2,995)
Increase (decrease) in cash from changes in (net of effect of acquisitions):    
Accounts receivable (10,479) 2,716
Inventories (13,637) (13,891)
Accounts payable 5,135 2,542
Income taxes (3,404) 235
Accrued compensation and benefits (17,981) (16,434)
Other operating net assets 9,577 (3,231)
Net cash provided by operating activities 19,005 12,383
Cash Flows from Investing Activities    
Additions to property, plant & equipment (35,902) (37,426)
Purchases of businesses, net of cash acquired (45,229) (79,465)
Purchase of equity investment (4,480)  
Other investing activities 36 136
Net cash used in investing activities (85,575) (116,755)
Cash Flows from Financing Activities    
Proceeds from issuance of 0.25% convertible senior notes due 2022   345,000
Proceeds from borrowings under Credit Facility 120,000 40,000
Payments on borrowings under Credit Facility (25,000) (257,000)
Payment on earnout consideration (2,500)  
Purchases of treasury stock   (49,875)
Proceeds from exercises of stock options 5,042 3,706
Payments in satisfaction of employees' minimum tax obligations (4,570) (3,608)
Debt issuance costs   (10,061)
Net provided by financing activities 92,972 68,162
Effect of exchange rate changes on cash and cash equivalents (2,097) 5,607
Net increase (decrease) in cash and cash equivalents 24,305 (30,603)
Cash and Cash Equivalents at Beginning of Period 247,038 271,888
Cash and Cash Equivalents at End of Period 271,343 241,285
Cash paid for interest 2,417 2,196
Cash paid for income taxes 5,420 6,167
Non cash transactions:    
Additions to property, plant & equipment included in accounts payable $ 11,329 $ 3,925