v3.26.1
CONDENSED STATEMENTS OF CONSOLIDATED CASH FLOWS - USD ($)
$ in Thousands
9 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Cash Flows from Operating Activities    
Net Income $ 295,925 $ 285,152
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization of property 19,472 18,433
Amortization of intangibles 30,213 25,385
Provision for losses on accounts receivable 1,095 2,652
Amortization of stock appreciation rights 4,174 3,570
Other share-based compensation expense 5,414 5,824
Changes in operating assets and liabilities, net of acquisitions (55,310) 5,371
Other, net 18,103 (1,050)
Net Cash provided by Operating Activities 319,086 345,337
Cash Flows from Investing Activities    
Net cash paid for acquisitions, net of cash acquired (11,425) (273,312)
Capital expenditures (18,312) (18,295)
Proceeds from property sales 986 1,022
Net Cash used in Investing Activities (28,751) (290,585)
Cash Flows from Financing Activities    
Net payments under revolving credit facility (207,000) 0
Long-term debt repayments 0 (25,106)
Interest rate swap settlement receipts 5,765 9,435
Payment of debt issuance costs (1,611) 0
Purchases of treasury shares (236,379) (79,794)
Dividends paid (53,727) (46,159)
Acquisition holdback payments (1,393) (1,210)
Taxes paid for shares withheld (12,812) (14,332)
Net Cash used in Financing Activities (507,157) (157,166)
Effect of Exchange Rate Changes on Cash (19) (5,361)
Decrease in Cash and Cash Equivalents (216,841) (107,775)
Cash and Cash Equivalents at Beginning of Period 388,417 460,617
Cash and Cash Equivalents at End of Period $ 171,576 $ 352,842