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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2018
Operating activities      
Net income $ 83,995 $ 93,480 $ 46,788
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 167,943 173,771 169,005
Impairment of goodwill 100,842 7,503 0
Share-based compensation expense 34,874 21,716 50,466
Deferred taxes (106,864) 6,838 (14,039)
(Gain) on sale of subsidiaries 0 0 47,545
Loss on early extinguishment of debt 0 0 (17,359)
Business Combination, Contingent Consideration Arrangements, Change in Amount of Contingent Consideration, Liability (54) 0 1,774
Unrealized (loss) gain on derivatives not designated as hedging instruments included in net income 7,731 (5,358) (15,540)
Effect of exchange rate changes on monetary assets and liabilities denominated in non-functional currency (802) (4,364) 19,460
Change in contingent earn-out liability 0 0 4,639
Other non-cash items 11,283 9,209 4,668
Changes in operating assets and liabilities:      
Accounts receivable 26,659 (4,186) (5,123)
Inventory (18,328) (3,627) (7,068)
Prepaid expenses and other assets 11,946 4,475 (2,472)
Accounts payable (17,547) 19,835 21,782
Accrued expenses and other liabilities 36,766 11,803 (42,544)
Net cash provided by operating activities 338,444 331,095 192,332
Investing activities      
Purchases of property, plant and equipment (50,467) (70,563) (60,930)
Proceeds from the sale of subsidiaries, net of transaction costs and cash divested (1,124) 0 93,779
Business acquisitions, net of cash acquired (4,272) (289,920) (110)
Purchases of intangible assets 0 (64) (308)
Capitalization of software and website development costs (43,992) (48,652) (40,847)
Proceeds from the sale of assets 1,644 640 886
Proceeds from (payments for) settlement of derivatives designated as hedging instruments 29,791 (12,016) 0
Other investing activities 1,556 409 (3,064)
Net cash used in investing activities (66,864) (420,166) (10,594)
Financing activities      
Proceeds from borrowings of debt 1,281,490 1,140,607 805,995
Proceeds from issuance of senior notes 210,500 0 400,000
Proceeds from issuance of second lien notes 271,568 0 0
Proceeds from issuance of warrants 22,432 0 0
Payments of debt (1,337,334) (947,696) (974,781)
Payments for early redemption of senior notes 0 0 275,000
Payments of early redemption fees for senior notes 0 0 14,438
Payments of debt issuance costs (22,570) (2,729) (10,629)
Payments of purchase consideration included in acquisition-date fair value 0 (3,282) (2,105)
Payments of withholding taxes in connection with equity awards (41,709) (5,979) (19,698)
Payments of finance lease obligations (9,511) (17,063) (17,618)
Purchase of noncontrolling interests 0 (85,520) (1,144)
Proceeds from sale of noncontrolling interest 0 57,046 35,390
Purchase of ordinary shares (627,056) (55,567) (94,710)
Proceeds from issuance of ordinary shares 6 3,403 11,981
Issuance of loans 0 0 (21,000)
Distribution to noncontrolling interest (3,955) (3,375) 0
Cash and cash equivalents at end of period (2,116) 2,144 0
Net cash (used in) provided by financing activities (258,255) 81,989 (177,757)
Effect of exchange rate changes on cash (3,583) (1,866) 2,507
Change in cash held for sale 0 0 (12,042)
Net increase (decrease) in cash and cash equivalents 9,742 (8,948) 18,530
Cash and cash equivalents at beginning of period 35,279 44,227 25,697
Cash and cash equivalents at end of period 45,021 35,279 44,227
Supplemental disclosures of cash flow information:      
Interest 72,906 63,940 56,614
Income taxes 13,520 26,369 32,278
Capitalization of construction costs related to financing lease obligation (1) 0 [1] 13,448 19,264
Property and equipment acquired under finance leases 1,605 11,871 7,535
Amounts accrued related to business acquisitions $ 2,289 $ 5,564 $ 5,868
[1] Due to our adoption of the new leasing standard on July 1, 2019, any costs previously capitalized for a build-to-suit lease and included in the financing lease obligation are now classified as an operating lease and the lease financing obligation has been de-recognized. Refer to Note 2 for additional details.