Condensed Consolidated Balance Sheets (Unaudited) - USD ($) $ in Thousands	Dec. 31, 2017	Jun. 30, 2017
Current assets
Cash and cash equivalents	$ 85,324	$ 105,057
Accounts receivable, less allowances of $9,650 and $9,628	393,706	390,931
Inventories	386,943	345,145
Other current assets	37,538	41,409
Total current assets	903,511	882,542
Property, less accumulated depreciation of $171,604 and $166,143	111,962	108,068
Identifiable intangibles, net	153,432	163,562
Goodwill	209,001	206,135
Deferred tax assets	9,543	8,985
Other assets	18,433	18,303
TOTAL ASSETS	1,405,882	1,387,595
Current liabilities
Accounts payable	165,634	180,614
Current portion of long-term debt	6,378	4,814
Compensation and related benefits	48,726	58,785
Other current liabilities	50,889	65,540
Total current liabilities	271,627	309,753
Long-term debt	306,579	286,769
Postemployment benefits	14,022	16,715
Other liabilities	34,392	29,102
TOTAL LIABILITIES	626,620	642,339
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; 38,674 and 39,041 outstanding, respectively	10,000	10,000
Additional paid-in capital	166,008	164,655
Retained earnings	1,087,156	1,033,751
Treasury shares—at cost (15,539 and 15,172 shares)	(404,288)	(381,448)
Accumulated other comprehensive loss	(79,614)	(81,702)
TOTAL SHAREHOLDERS’ EQUITY	779,262	745,256
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY	$ 1,405,882	$ 1,387,595