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Condensed Statements of Consolidated Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Net income $ 76,880 $ 52,969
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization of property 5,481 5,427
Amortization of intangibles 7,705 8,121
Provision for losses on accounts receivable 3,994 798
Amortization of stock appreciation rights and options 1,424 1,907
Other share-based compensation expense 1,939 1,563
Changes in operating assets and liabilities, net of acquisitions (72,071) (20,404)
Other, net 591 (1,739)
Net Cash provided by Operating Activities 25,943 48,642
Cash Flows from Investing Activities    
Net cash paid for acquisitions, net of cash acquired 0 (7,094)
Cash payments for loans on company-owned life insurance 0 (14,835)
Capital expenditures (5,554) (3,621)
Proceeds from property sales 56 48
Net Cash used in Investing Activities (5,498) (25,502)
Cash Flows from Financing Activities    
Long-term debt repayments 40,061 9,811
Purchases of treasury shares (716) (6,537)
Interest rate swap settlement receipts (payments) 294 (1,644)
Dividends paid (13,100) (12,712)
Acquisition holdback payments 660 135
Exercise of stock appreciation rights and options 126 0
Taxes paid for shares withheld for equity awards (1,401) (1,141)
Net Cash used in Financing Activities (55,518) (31,980)
Effect of Exchange Rate Changes on Cash (1,826) (1,592)
Decrease in Cash and Cash Equivalents (36,899) (10,432)
Cash and Cash Equivalents at Beginning of Period 184,474 257,745
Cash and Cash Equivalents at End of Period $ 147,575 $ 247,313