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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Dec. 31, 2020
Jun. 30, 2020
Current assets:    
Cash and cash equivalents $ 67,187 $ 29,485
Accounts receivable, less allowance of $21,805 at December 31, 2020 and $21,906 at June 30, 2020 534,583 443,185
Inventories 421,003 454,885
Prepaid expenses and other current assets 96,358 94,681
Current assets held for sale 0 181,231
Total current assets 1,119,131 1,203,467
Property and equipment, net 48,183 55,641
Goodwill 217,956 214,288
Identifiable intangible assets, net 114,208 121,547
Deferred income taxes 25,619 24,630
Other non-current assets 72,022 72,521
Total assets 1,597,119 1,692,094
Current liabilities:    
Accounts payable 589,292 454,240
Accrued expenses and other current liabilities 91,592 76,686
Current portion of contingent consideration 0 46,334
Income taxes payable 859 5,886
Current portion of long-term debt 7,843 7,839
Current liabilities held for sale 0 128,022
Total current liabilities 689,586 719,007
Deferred income taxes 4,273 3,884
Long-term debt, net of current portion 139,081 143,175
Borrowings under revolving credit facility 5,000 67,714
Other long-term liabilities 77,040 80,068
Total liabilities 914,980 1,013,848
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, 25,451,640 and 25,361,298 shares issued and outstanding at December 31, 2020 and June 30, 2020, respectively 65,924 63,765
Retained earnings 721,263 747,276
Accumulated other comprehensive loss (105,048) (132,795)
Total shareholders’ equity 682,139 678,246
Total liabilities and shareholders’ equity $ 1,597,119 $ 1,692,094