Consolidated Balance Sheets - USD ($) $ in Thousands	Jun. 30, 2017	Jun. 30, 2016
Current assets
Cash and cash equivalents	$ 105,057	$ 59,861
Accounts receivable, less allowances of $9,628 and $11,034	390,931	347,857
Inventories	345,145	338,221
Other current assets	41,409	35,582
Total current assets	882,542	781,521
Property — at cost
Land	14,250	14,214
Buildings	97,529	97,521
Equipment, including computers and software	162,432	157,496
Total property — at cost	274,211	269,231
Less accumulated depreciation	166,143	161,466
Property — net	108,068	107,765
Identifiable intangibles, net	163,562	191,240
Goodwill	206,135	202,700
Deferred tax assets	8,985	12,277
Other assets	18,303	16,522
Total Assets	1,387,595	1,312,025
Current liabilities
Accounts payable	180,614	148,543
Current portion of long-term debt	4,814	3,247
Compensation and related benefits	58,785	57,187
Other current liabilities	65,540	65,306
Total current liabilities	309,753	274,283
Long-term debt	286,769	324,583
Post-employment benefits	16,715	21,322
Other liabilities	29,102	33,921
Total Liabilities	642,339	654,109
Shareholders’ Equity
Preferred stock — no par value; 2,500 shares authorized; none issued or outstanding	0	0
Common stock — no par value; 80,000 shares authorized; 54,213 shares issued; 39,041 and 39,057 shares outstanding, respectively	10,000	10,000
Additional paid-in capital	164,655	162,529
Retained earnings	1,033,751	944,821
Treasury shares — at cost (15,172 and 15,156 shares), respectively	(381,448)	(373,888)
Accumulated other comprehensive loss	(81,702)	(85,546)
Total Shareholders’ Equity	745,256	657,916
Total Liabilities and Shareholders’ Equity	$ 1,387,595	$ 1,312,025