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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2021
Cash flows from operating activities:      
Net income $ 78,074 $ 44,271 $ 1,936
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation 19,888 20,215 22,961
Amortization of intangible assets 14,988 19,946 32,356
Reduction in carrying amount of right-of-use asset 12,248 14,929 16,134
Provision for doubtful accounts 459 29 409
Share-based compensation 63,472 43,362 39,051
Deferred income taxes 407 682 1,785
Non-cash interest expense 1,145 4,443 5,055
Other (8,056) 423 3,989
Changes in operating assets and liabilities, net of acquisition:      
Accounts receivable 1,593 (26,231) (34,158)
Inventories (41,827) (16,722) 22,729
Prepaid expenses and other assets (1,368) (4,469) (18,979)
Accounts payable 14,733 23,810 10,810
Accrued compensation and benefits 17,137 (20,709) 20,088
Operating lease liabilities (15,219) (18,949) (19,986)
Deferred revenue 90,102 44,635 54,398
Other current and long-term liabilities 1,436 (1,488) (14,043)
Net cash provided by operating activities 249,212 128,177 144,535
Cash flows from investing activities:      
Capital expenditures (13,800) (15,433) (17,176)
Business acquisition, net of cash acquired   (69,517)  
Net cash used in investing activities (13,800) (84,950) (17,176)
Cash flows from financing activities:      
Borrowings under Revolving Facility 25,000    
Payments on debt obligations (108,625) (38,125) (74,000)
Loan fees on borrowings (3,158)    
Repurchase of common stock (99,860) (44,973)  
Payments for tax withholdings, net of proceeds from issuance of common stock (5,140) (6,541) 4,516
Payment of contingent consideration obligations   (1,024) (1,298)
Deferred payments on an acquisition (3,000) (4,000) (4,000)
Net cash used in financing activities (194,783) (94,663) (74,782)
Foreign currency effect on cash and cash equivalents (325) (936) 445
Net increase (decrease) in cash and cash equivalents 40,304 (52,372) 53,022
Cash and cash equivalents at beginning of period 194,522 246,894 193,872
Cash and cash equivalents at end of period 234,826 194,522 246,894
Supplemental disclosure of cash flow information:      
Cash paid for interest 13,093 9,272 18,741
Cash paid for taxes, net 12,003 7,776 4,488
Non-cash investing activities:      
Unpaid capital expenditures $ 2,250 $ 1,756 $ 3,004