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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2016
Jun. 30, 2015
Current Assets:    
Cash and equivalents $ 118,080 $ 182,202
Receivables (less allowance for doubtful accounts, 2016-$125; 2015-$206) 66,006 62,437
Inventories:    
Raw materials 26,153 30,655
Finished goods 49,944 47,244
Total inventories 76,097 77,899
Other current assets 7,644 7,672
Total current assets 267,827 330,210
Property, Plant and Equipment:    
Land, buildings and improvements 116,858 113,844
Machinery and equipment 263,336 253,143
Total cost 380,194 366,987
Less accumulated depreciation 210,599 194,676
Property, plant and equipment-net 169,595 172,311
Other Assets:    
Goodwill 143,788 143,788
Other intangible assets - net 44,866 47,771
Other noncurrent assets 8,656 8,076
Total [1],[2] 634,732 702,156
Current Liabilities:    
Accounts payable 39,931 38,823
Accrued liabilities 33,072 35,821
Total current liabilities 73,003 74,644
Other Noncurrent Liabilities 26,698 23,654
Deferred Income Taxes 21,433 22,940
Commitments and Contingencies
Shareholders' Equity:    
Preferred stock-authorized 3,050,000 shares; outstanding-none
Common stock-authorized 75,000,000 shares; outstanding-2016-27,423,550 shares; 2015-27,360,581 shares 110,677 107,767
Retained earnings 1,150,337 1,219,119
Accumulated other comprehensive loss (11,350) (10,057)
Common stock in treasury, at cost (736,066) (735,911)
Total shareholders' equity 513,598 580,918
Total $ 634,732 $ 702,156
[1] Net sales and long-lived assets are predominately domestic.
[2] Segment identifiable assets include those assets used in its operations and other intangible assets allocated to purchased businesses. Corporate assets consist principally of cash and equivalents. The decline in Corporate assets from June 30, 2015 to June 30, 2016 was due to the decrease in cash resulting from the payment of the December 2015 special dividend.