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Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Jun. 30, 2014
Jun. 30, 2013
Assets    
Cash and cash equivalents $ 194,851 $ 148,164
Accounts receivable, less allowance of $26,257 at June 30, 2014 and $25,479 at June 30, 2013 464,405 435,028
Inventories 504,758 402,307
Prepaid expenses and other current assets 33,558 40,105
Deferred income taxes 18,109 16,456
Total current assets 1,215,681 1,042,060
Property and equipment, net 31,823 20,203
Goodwill 32,342 31,795
Other non-current assets, including net identifiable intangible assets 55,278 70,125
Total assets 1,335,124 1,164,183
Liabilities and Shareholders’ Equity    
Short-term borrowings 0 0
Accounts payable 421,721 362,271
Accrued expenses and other current liabilities 63,574 59,983
Current portion of contingent consideration 5,851 3,732
Income taxes payable 8,685 1,696
Total current liabilities 499,831 427,682
Deferred income taxes 185 205
Long-term debt 5,429 5,429
Borrowings under revolving credit facility 0 0
Long-term portion of contingent consideration 5,256 8,813
Other long-term liabilities 21,780 26,098
Total liabilities 532,481 468,227
Commitments and contingencies      
Shareholders’ equity:    
Preferred stock, no par value; 3,000,000 shares authorized, none issued 0 0
Common stock, no par value; 45,000,000 shares authorized, 28,539,481and 27,971,809 shares issued and outstanding at June 30, 2014 and June 30, 2013, respectively 168,447 149,821
Retained earnings 650,896 569,107
Accumulated other comprehensive (loss) income (16,700) (22,972)
Total shareholders’ equity 802,643 695,956
Total liabilities and shareholders’ equity $ 1,335,124 $ 1,164,183