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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2022
Jun. 30, 2021
Current assets:    
Cash and cash equivalents $ 43,539 $ 62,718
Accounts receivable, less allowance of $16,935 at March 31, 2022 and $19,341 at June 30, 2021 642,384 568,984
Inventories 591,396 470,081
Prepaid expenses and other current assets 130,509 117,860
Total current assets 1,407,828 1,219,643
Property and equipment, net 37,815 42,836
Goodwill 218,025 218,877
Identifiable intangible assets, net 90,554 104,860
Deferred income taxes 19,951 21,853
Other non-current assets 66,627 63,615
Total assets 1,840,800 1,671,684
Current liabilities:    
Accounts payable 706,359 634,805
Accrued expenses and other current liabilities 80,931 87,790
Income taxes payable 3,023 2,501
Current portion of long-term debt 10,660 7,843
Total current liabilities 800,973 732,939
Deferred income taxes 3,753 3,954
Long-term debt, net of current portion 126,546 135,331
Borrowings under revolving credit facility 44,294 0
Other long-term liabilities 58,580 68,269
Total liabilities 1,034,146 940,493
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, 25,429,242 and 25,499,465 shares issued and outstanding at March 31, 2022 and June 30, 2021, respectively 69,856 71,253
Retained earnings 826,922 758,071
Accumulated other comprehensive loss (90,124) (98,133)
Total shareholders’ equity 806,654 731,191
Total liabilities and shareholders’ equity $ 1,840,800 $ 1,671,684