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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2014
CASH FLOWS FROM OPERATING ACTIVITIES      
Net income $ 47,429 $ 164,962 $ 129,922
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 65,622 57,380 48,222
Deferred income taxes 33,093 (2,667) (2,612)
Equity in net loss (income) of equity-method investees 47 (628) (3,999)
Stock based compensation 12,688 12,197 12,448
Contingent consideration expense 1,511 (253) (983)
Gains on fire insurance recovery and other, net (8,058) 0 0
Loss on sale of business 0 0 1,629
Gains on pre-existing ownership interests in HPPC and Empire 0 (9,669) 0
Impairment charges 127,748 0 7,504
Other non-cash items, net 15,038 (1,434) 1,175
Increase (decrease) in cash attributable to changes in operating assets and liabilities, net of amounts applicable to acquisitions:      
Accounts receivable (12,886) (19,582) 12,595
Inventories (15,739) (30,465) (24,819)
Other current assets (22,534) (15,308) (16,003)
Other assets and liabilities 3,281 (3,964) (543)
Accounts payable and accrued expenses (40,665) 34,913 20,232
Net cash provided by operating activities 206,575 185,482 184,768
CASH FLOWS FROM INVESTING ACTIVITIES      
Acquisitions of businesses, net of cash acquired and working capital settlements (157,061) (104,633) (177,290)
Purchases of property and equipment (77,284) (51,217) (41,611)
Repayments from equity-method investees, net 0 0 8,288
Proceeds from sale of investment 0 2,851 4,377
Proceeds from disposals of property and equipment 0 1,699 0
Net cash used in investing activities (234,345) (151,300) (206,236)
CASH FLOWS FROM FINANCING ACTIVITIES      
Proceeds from exercises of stock options 0 18,643 7,320
Borrowings under bank revolving credit facility 323,904 92,000 158,713
Repayments under bank revolving credit facility (145,053) (43,049) (50,387)
Repayments of senior notes (150,000) 0 0
Repayments of other debt, net (13,017) (54,853) (7,228)
Excess tax benefits from stock based compensation 11,317 25,701 14,226
Acquisition related contingent consideration (1,547) (3,217) (11,800)
Shares withheld for payment of employee payroll taxes (25,535) (18,058) (10,023)
Net cash provided by financing activities 69 17,167 100,821
Effect of exchange rate changes on cash (11,295) (8,178) 3,135
Net (decrease)/increase in cash and cash equivalents (38,996) 43,171 82,488
Cash and cash equivalents at beginning of year 166,922 123,751 41,263
Cash and cash equivalents at end of year $ 127,926 $ 166,922 $ 123,751