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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Jun. 30, 2013
Cash Flows from Operating Activities:      
Net income and comprehensive income $ 129,663 $ 176,937 $ 80,490
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 4,971 2,819 1,963
Provision for inventory obsolescence 2,288 3,295 850
Provision for loss on vendor deposits 5,827 0 0
Deferred taxes (911) 2,087 377
Excess tax benefit from employee stock-based awards (2,079) (5,908) (2,323)
Stock-based compensation 4,992 4,906 3,376
Other adjustments 1,526 74 1,246
Changes in operating assets and liabilities:      
Accounts receivable (11,339) (18,329) 38,664
Inventories 7,030 (33,764) (8,996)
Deferred cost of revenues 1,279 (94) (1,185)
Prepaid income taxes 690 (3,256) 0
Prepaid expenses and other assets (21,969) (9,644) (1,858)
Accounts payable 9,735 (2,326) 9,725
Taxes payable 5,152 7,150 6,645
Deferred revenues (1,678) 1,989 2,396
Accrued liabilities and other (630) (4,609) 521
Net cash provided by operating activities 134,547 121,327 131,891
Cash Flows from Investing Activities:      
Purchase of property and equipment and other long-term assets (12,724) (4,045) (5,363)
Net cash used in investing activities (12,724) (4,045) (5,363)
Cash Flows from Financing Activities:      
Issuances of debt 100,000 72,254 50,833
Repayments of debt (74,754) (76,250) (4,333)
Repurchases of common stock (34,712) 0 (54,354)
Payment of common stock cash dividends (15,020) 0 (15,652)
Proceeds from exercise of stock options 1,686 2,090 635
Excess tax benefit from employee stock-based awards 2,079 5,908 2,323
Tax withholdings related to net share settlements of restricted stock units (1,798) (2,013) (214)
Net cash (used in) provided by financing activities (22,519) 1,989 (20,762)
Net increase in cash and cash equivalents 99,304 119,271 105,766
Cash and cash equivalents at beginning of year 347,097 227,826 122,060
Cash and cash equivalents at end of year 446,401 347,097 227,826
Supplemental Disclosure of Cash Flow Information:      
Income taxes paid, net of refunds 12,797 14,007 4,095
Interest paid $ 1,290 $ 1,650 $ 1,699