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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Cash Flows from Operating Activities:    
Net income $ 127,988 $ 87,750
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 6,126 5,131
Amortization of debt issuance costs 1,037 434
Non-cash lease expense (7) 258
Provision for excess and obsolete inventory 2,375 1,382
Provision for loss on vendor deposits 4,355 2,954
Share-based compensation 1,696 1,500
Deferred taxes 99 116
Provision for sales returns 184 (704)
Other, net 25 93
Changes in operating assets and liabilities:    
Accounts receivable (5,380) (898)
Inventories 8,452 28,615
Vendor deposits 21,682 (25,718)
Prepaid expenses and other assets (3,325) 62
Accounts payable 2,425 (29,834)
Income taxes payable 6,212 (590)
Deferred revenues 3,434 828
Accrued and other liabilities 56,289 (3,697)
Net cash provided by operating activities 233,667 67,682
Cash Flows from Investing Activities:    
Purchase of property and equipment and other long-term assets (2,604) (3,025)
Net cash used in investing activities (2,604) (3,025)
Cash Flows from Financing Activities:    
Payment of common stock cash dividends (36,282) (36,268)
Tax withholdings related to net share settlements of restricted stock units (323) (313)
Net cash used in financing activities (192,230) (70,956)
Net increase (decrease) in cash and cash equivalents 38,833 (6,299)
Cash and cash equivalents at beginning of period 126,342 114,826
Cash and cash equivalents at end of period 165,175 108,527
Supplemental Disclosure of Cash Flow Information:    
Income taxes paid, net of refunds 24,359 19,861
Interest paid 12,023 21,687
Non-Cash Investing and Financing Activities:    
Right-of-use asset recognized 1,132 23
Unpaid property and equipment and other long-term assets 1,300 1,174
Revolving credit facility    
Cash Flows from Financing Activities:    
Repayments of debt (35,000) (25,000)
Term Loan    
Cash Flows from Financing Activities:    
Repayments of debt $ (120,625) $ (9,375)