Income Taxes Income Taxes (Tables)

12 Months Ended

Jun. 30, 2013

Schedule of Income before Income Tax, Domestic and Foreign [Table Text Block]

The components of income before income taxes and equity in earnings of equity-method investees were as follows:



	Fiscal Year ended June 30,
	2013		2012		2011
Domestic	$	130,908	$	111,255	$	95,048
Foreign	22,914		22,973		3,879
Total	$	153,822	$	134,228	$	98,927

Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]

The provision for income taxes is presented below.



	Fiscal Year ended June 30,
	2013			2012			2011
Current:
Federal	$	31,370		$	28,983		$	24,878
State and local	3,792			3,414			4,833
Foreign	6,565			6,050			2,437
	41,727			38,447			32,148
Deferred:
Federal	(4,064		)	3,963			4,201
State and local	(405		)	493			501
Foreign	(2,934		)	(1,749		)	958
	(7,403		)	2,707			5,660
Total	$	34,324		$	41,154		$	37,808

Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]

Reconciliations of expected income taxes at the U.S. federal statutory rate of 35% to the Company’s provision for income taxes for the fiscal years ended June 30 were as follows:



	2013			%		2012			%		2011			%
Expected U.S. federal income tax at statutory rate	$	53,838		35.0	%	$	46,980		35.0	%	$	34,624		35.0	%
State income taxes, net of federal benefit	3,278			2.1	%	3,267			2.4	%	3,467			3.5	%
Domestic manufacturing deduction	(2,563		)	(1.7	)%	(2,275		)	(1.7	)%	(2,191		)	(2.2	)%
Foreign income at different rates	(4,950		)	(3.3	)%	(11,513		)	(8.6	)%	(534		)	(0.5	)%
Worthless stock deduction	(13,186		)	(8.6	)%	—			—	%	—			—	%
Reduction of deferred tax liabilities resulting from change in U.K. tax rate	(2,288		)	(1.5	)%	—			—	%	—			—	%
Valuation allowances	(1,690		)	(1.1	)%	—			—	%	2,118			2.1	%
Contingent consideration expense reversal	—			—	%	5,434			4.0	%	—			—	%
Other	1,885			1.4	%	(739		)	(0.4	)%	324			0.3	%
Provision for income taxes	$	34,324		22.3	%	$	41,154		30.7	%	$	37,808		38.2	%

Schedule of Deferred Tax Assets and Liabilities [Table Text Block]

Components of our deferred tax assets (liabilities) were as follows:



	June 30, 2013			June 30, 2012
Current deferred tax assets:
Basis difference on inventory	$	5,604		$	4,359
Reserves not currently deductible	11,941			11,106
Other	171			369
Current deferred tax assets	17,716			15,834

Noncurrent deferred tax assets/(liabilities):
Basis difference on intangible assets	(107,011		)	(93,090		)
Basis difference on property and equipment	(11,236		)	(13,475		)
Other comprehensive income	(9,056		)	(8,246		)
Net operating loss and tax credit carryforwards	17,666			14,911
Stock based compensation	5,354			3,458
Other	344			(8		)
Valuation allowances	(10,456		)	(11,183		)
Noncurrent deferred tax liabilities, net	(114,395		)	(107,633		)

Total net deferred tax liabilities	$	(96,679	)	$	(91,799	)

Summary of Valuation Allowance [Table Text Block]

The changes in valuation allowances against deferred income tax assets were as follows:



	Fiscal Year ended June 30,
	2013			2012
Balance at beginning of year	$	11,183		$	10,426
Additions charged to income tax expense	1,278			1,354
Reductions credited to income tax expense	(1,690		)	—
Currency translation adjustments	(315		)	(597		)
Balance at end of year	$	10,456		$	11,183

Schedule of Unrecognized Tax Benefits Roll Forward [Table Text Block]

Unrecognized tax benefits, including interest and penalties, activity is summarized below:



	Fiscal Year ended June 30,
	2013			2012			2011
Balance at beginning of year	$	1,337		$	1,472		$	2,248
Additions based on tax positions related to prior years	574			15			224
Additions for acquired companies	—			690			—
Reductions due to lapse in statute of limitations	(345		)	(840		)	(1,000		)
Balance at end of year	$	1,566		$	1,337		$	1,472