v3.25.2
Statements of Consolidated Cash Flows - USD ($)
$ in Thousands
 12 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2023
Net income $ 392,988 $ 385,762 $ 346,739
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization of property 24,899 23,431 22,266
Amortization of intangibles 35,581 28,923 30,805
Deferred income taxes (6,362) (1,074) (5,716)
Provision for (recoveries of) losses on accounts receivable 5,978 (205) 5,619
Amortization of stock appreciation rights 4,713 3,448 2,785
Other share-based compensation expense 7,289 9,496 9,576
Other 373 (1,309) 1,145
Changes in operating assets and liabilities, net of acquisitions:      
Accounts receivable (4,918) (1,925) (51,059)
Inventories 29,181 18,387 (42,977)
Other operating assets (11,448) (25,897) (25,254)
Accounts payable 2,169 (39,272) 37,682
Other operating liabilities 11,942 (28,372) 12,355
Cash provided by Operating Activities 492,385 371,393 343,966
Cash Flows from Investing Activities      
Cash paid for acquisition of businesses, net of cash acquired (293,406) (72,090) (35,785)
Capital expenditures (27,187) (24,864) (26,476)
Proceeds from property sales 1,841 576 1,428
Life insurance proceeds 0 971 0
Cash used in Investing Activities (318,752) (95,407) (60,833)
Cash Flows from Financing Activities      
Repayments under revolving credit facility 0 0 27,000
Borrowings under revolving credit facility 0 408 0
Long-term debt repayments (25,106) (25,251) (40,247)
Interest rate swap settlement receipts 12,095 14,470 8,800
Purchases of treasury shares (152,837) (73,388) (716)
Dividends paid (63,702) (55,879) (53,446)
Acquisition holdback payments (1,210) (681) (1,510)
Exercise of stock appreciation rights and options 0 127 127
Taxes paid for shares withheld (14,847) (16,274) (12,896)
Cash used in Financing Activities (245,607) (156,468) (126,888)
Effect of exchange rate changes on cash (226) (2,937) 3,317
(Decrease) increase in cash and cash equivalents (72,200) 116,581 159,562
Cash and cash equivalents at beginning of year 460,617 344,036 184,474
Cash and Cash Equivalents at End of Year 388,417 460,617 344,036
Cash paid during the year for:      
Income taxes 107,721 116,311 108,084
Interest (includes interest rate swap settlements) $ 21,826 $ 23,978 $ 22,567