v3.26.1
STATEMENTS OF CONSOLIDATED CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2024
Cash Flows from Operating Activities      
Net income $ 414,525 $ 392,988 $ 385,762
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization of property 25,875 24,899 23,431
Amortization of intangibles 40,072 35,581 28,923
Deferred income taxes 26,264 (6,362) (1,074)
Provision for losses on (recoveries of) accounts receivable 4,613 5,978 (205)
Amortization of stock appreciation rights 5,519 4,713 3,448
Other share-based compensation expense 7,385 7,289 9,496
Other (1,267) 373 (1,309)
Changes in operating assets and liabilities, net of acquisitions:      
Accounts receivable (66,422) (4,918) (1,925)
Inventories (899) 29,181 18,387
Other operating assets (48,454) (11,448) (25,897)
Accounts payable 56,886 2,169 (39,272)
Other operating liabilities 19,985 11,942 (28,372)
Cash provided by Operating Activities 484,082 492,385 371,393
Cash Flows from Investing Activities      
Cash paid for acquisition of businesses, net of cash acquired (11,424) (293,406) (72,090)
Capital expenditures (23,565) (27,187) (24,864)
Proceeds from property sales 1,090 1,841 576
Life insurance proceeds 0 0 971
Cash used in Investing Activities (33,899) (318,752) (95,407)
Cash Flows from Financing Activities      
Repayments under revolving credit facility (310,000) 0 0
Borrowings under revolving credit facility 0 0 408
Long-term debt repayments 0 (25,106) (25,251)
Interest rate swap settlement receipts 5,765 12,095 14,470
Payment of debt issuance costs (1,611) 0 0
Purchases of treasury shares (317,218) (152,837) (73,388)
Dividends paid (72,598) (63,702) (55,879)
Acquisition holdback payments (1,390) (1,210) (681)
Exercise of stock appreciation rights and options 0 0 127
Taxes paid for shares withheld (14,487) (14,847) (16,274)
Cash used in Financing Activities (711,539) (245,607) (156,468)
Effect of exchange rate changes on cash 69 (226) (2,937)
(Decrease) increase in cash and cash equivalents (261,287) (72,200) 116,581
Cash and cash equivalents at beginning of year 388,417 460,617 344,036
Cash and Cash Equivalents at End of Year 127,130 388,417 460,617
Cash paid during the year for:      
Interest (includes interest rate swap settlements) $ 18,954 $ 21,826 $ 23,978