Consolidated Balance Sheets - USD ($) $ in Thousands	Jun. 30, 2021	Jun. 30, 2020
Current assets:
Cash and cash equivalents	$ 62,718	$ 29,485
Accounts receivable, less allowance of $19,341 at June 30, 2021 and $21,906 at June 30, 2020	568,984	443,185
Inventories	470,081	454,885
Prepaid expenses and other current assets	117,860	94,681
Current assets held for sale	0	181,231
Total current assets	1,219,643	1,203,467
Property and equipment, net	42,836	55,641
Goodwill	218,877	214,288
Identifiable intangible assets, net	104,860	121,547
Deferred income taxes	21,853	24,630
Other non-current assets	63,615	72,521
Total assets	1,671,684	1,692,094
Current liabilities:
Accounts payable	634,805	454,240
Accrued expenses and other current liabilities	87,790	76,686
Current portion of contingent consideration	0	46,334
Income taxes payable	2,501	5,886
Current portion of long-term debt	7,843	7,839
Current liabilities held for sale	0	128,022
Total current liabilities	732,939	719,007
Deferred income taxes	3,954	3,884
Long-term debt, net of current portion	135,331	143,175
Borrowings under revolving credit facility	0	67,714
Other long-term liabilities	68,269	80,068
Total liabilities	940,493	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, 25,499,465 and 25,361,298 shares issued and outstanding at June 30, 2021 and June 30, 2020, respectively	71,253	63,765
Retained earnings	758,071	747,276
Accumulated other comprehensive loss	(98,133)	(132,795)
Total shareholders’ equity	731,191	678,246
Total liabilities and shareholders’ equity	$ 1,671,684	$ 1,692,094