XML 58 R6.htm IDEA: XBRL DOCUMENT v2.4.0.6
Condensed Consolidated Statements Of Cash Flows (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Jun. 30, 2010
Cash flows from operating activities:      
Net income $ 254,850 $ 226,986 $ 190,085
Adjustment to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 85,856 70,616 61,563
Provision for warranties (1,050) 4,449 3,197
Deferred income taxes (12,622) 3,356 3,323
Foreign currency revaluation (13,652) (17,261) (7,287)
Stock-based compensation costs 30,586 30,809 29,734
Tax benefit from stock options exercised (8,748) (14,510) (13,169)
Impairment of long lived asset 0 2,257 0
Gain on previously held equity interest resulting from business combination (2,070) 0 0
Impairment of cost-method investments 4,016 0 250
Changes in operating assets and liabilities, net of effect of acquisitions:      
Accounts receivable, net (20,293) (30,799) (24,742)
Inventories, net 18,806 11,394 (32,272)
Prepaid expenses and other current assets (25,316) 8,678 (16,012)
Accounts payable, accrued expenses, income taxes and other liabilities 72,796 (12,785) (6,457)
Net cash provided by operating activities 383,159 283,190 188,213
Cash flows from investing activities:      
Purchases of property, plant and equipment (47,135) (66,609) (56,855)
Purchases of cost-method investments (4,796) (2,426) 0
Proceeds from disposal of cost method investment 499 0 0
Proceeds from sale of maturing investment securities 0 3,950 1,050
Patent registration costs (6,972) (6,431) (4,786)
Proceeds from disposal of business assets and contracts 0 0 454
Purchases of other intangible assets (7,000) 0 0
Business acquisitions, net of cash acquired (53,322) (22,450) (10,660)
Purchases of foreign currency contracts (1,464) (1,956) (1,725)
Proceeds from exercise of foreign currency contracts 18,575 19,411 14,211
Net cash used in investing activities (101,615) (76,511) (58,311)
Cash flows from financing activities:      
Proceeds from issuance of common stock, net 62,491 94,650 95,222
Repayment of borrowings (125,985) (123,591) (38,438)
Proceeds from borrowings, net of borrowing costs 270,384 98,430 0
Tax benefit from stock option exercises 8,748 14,510 13,169
Purchases of treasury stock (392,743) (163,342) (131,082)
Net cash used in financing activities (177,105) (79,343) (61,129)
Effect of exchange rate changes on cash (30,165) 119,155 4,353
Net increase in cash and cash equivalents 74,274 246,491 73,126
Cash and cash equivalents at beginning of the year 735,267 488,776 415,650
Cash and cash equivalents at end of the year 809,541 735,267 488,776
Supplemental disclosure of cash flow information:      
Income taxes paid, net of refunds 55,206 85,104 96,674
Interest paid, net of capitalized interest 4,786 1,758 2,667
Fair value of assets acquired in acquisitions, excluding cash 24,648 18,442 7,937
Liabilities assumed (5,056) (450) (3,909)
Goodwill on acquisition 51,798 5,758 8,715
Fair value of contingent consideration (6,850) (800) (2,083)
Total purchase price 64,540 22,950 10,660
Less: Consideration not paid in the current period (11,218) (500) 0
Cash paid for acquisitions $ 53,322 $ 22,450 $ 10,660