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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Dec. 31, 2015
Jun. 30, 2015
Current assets:    
Cash and cash equivalents $ 39,438 $ 121,646
Accounts receivable, less allowance of $31,967 at December 31, 2015 and $32,589 at June 30, 2015 588,443 522,532
Inventories 604,093 553,063
Prepaid expenses and other current assets 62,563 46,917
Deferred income taxes 19,152 20,556
Total current assets 1,313,689 1,264,714
Property and equipment, net 46,642 46,574
Goodwill 83,313 66,509
Net identifiable intangible assets 54,765 46,272
Other non-current assets 50,721 52,872
Total assets 1,549,130 1,476,941
Current liabilities:    
Current debt 705 2,860
Accounts payable 512,034 501,329
Accrued expenses and other current liabilities 98,683 81,000
Current portion of contingent consideration 12,605 9,391
Income taxes payable 2,287 4,180
Total current liabilities 626,314 598,760
Deferred income taxes 3,354 3,773
Long-term debt 5,429 5,966
Borrowings under revolving credit facility 108,989 0
Long-term portion of contingent consideration 11,395 24,569
Other long-term liabilities 38,855 34,888
Total liabilities $ 794,336 $ 667,956
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, 26,421,059 and 28,214,153 shares issued and outstanding at December 31, 2015 and June 30, 2015, respectively 89,284 157,172
Retained earnings 752,967 716,315
Accumulated other comprehensive income (loss) (87,457) (64,502)
Total shareholders’ equity 754,794 808,985
Total liabilities and shareholders’ equity $ 1,549,130 $ 1,476,941