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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Cash flows from operating activities:    
Net income $ 728,715 $ 667,892
Adjustment to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 133,192 118,396
Amortization of right-of-use assets 28,262 23,967
Stock-based compensation costs 58,792 51,215
Loss attributable to equity method investments (note 5) 2,716 5,037
Gain on equity investments (note 5) (11,429) (11,506)
Non-cash restructuring expenses (note 11) 33,239 0
Changes in operating assets and liabilities:    
Accounts receivable (76,755) (88,452)
Inventories 163,294 (255,091)
Prepaid expenses, net deferred income taxes and other current assets (98,976) (86,607)
Accounts payable, accrued expenses, income taxes payable and other 96 31,012
Net cash provided by operating activities 961,146 455,863
Cash flows from investing activities:    
Purchases of property, plant and equipment (74,579) (85,223)
Patent registration and acquisition costs (13,954) (10,043)
Business acquisitions, net of cash acquired (113,767) (1,011,225)
Purchases of investments (note 5) (9,692) (29,729)
Proceeds from exits of investments (note 5) 250 3,937
Proceeds / (payments) on maturity of foreign currency contracts (11,533) 18,961
Net cash used in investing activities (223,275) (1,113,322)
Cash flows from financing activities:    
Proceeds from issuance of common stock, net 25,399 25,649
Taxes paid related to net share settlement of equity awards (8,336) (30,297)
Purchases of treasury stock (100,007) 0
Payments of business combination contingent consideration (1,293) (316)
Proceeds from borrowings, net of borrowing costs 105,000 1,070,000
Repayment of borrowings (535,000) (260,000)
Dividends paid (211,767) (193,571)
Net cash (used in) provided by financing activities (726,004) 611,465
Effect of exchange rate changes on cash (1,848) 178
Net increase (decrease) in cash and cash equivalents 10,019 (45,816)
Cash and cash equivalents at beginning of period 227,891 273,710
Cash and cash equivalents at end of period 237,910 227,894
Supplemental disclosure of cash flow information:    
Income taxes paid, net of refunds 235,245 145,566
Interest paid 39,787 32,436
Fair value of assets acquired, excluding cash 38,520 359,730
Liabilities assumed (5,401) (148,132)
Goodwill on acquisition 77,712 803,357
Deferred payments (143) (874)
Fair value of contingent consideration 4,372 (2,856)
Cash paid for acquisitions $ 115,060 $ 1,011,225