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CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Thousands
Mar. 31, 2023
Jun. 30, 2022
Current assets:    
Cash and cash equivalents $ 37,374 $ 37,987
Accounts receivable, less allowance of $14,236 at March 31, 2023 and $16,806 at June 30, 2022 684,458 729,442
Inventories 752,763 614,814
Prepaid expenses and other current assets 102,946 141,562
Total current assets 1,577,541 1,523,805
Property and equipment, net 36,486 37,477
Goodwill 215,326 214,435
Identifiable intangible assets, net 72,192 84,427
Deferred income taxes 14,300 15,668
Other non-current assets 64,537 61,616
Total assets 1,980,382 1,937,428
Current liabilities:    
Accounts payable 656,688 714,177
Accrued expenses and other current liabilities 77,045 88,455
Income taxes payable 4,441 34
Current portion of long-term debt 5,977 11,598
Total current liabilities 744,151 814,264
Deferred income taxes 3,202 3,144
Long-term debt, net of current portion 145,881 123,733
Borrowings under revolving credit facility 159,194 135,839
Other long-term liabilities 49,059 53,920
Total liabilities 1,101,487 1,130,900
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, 25,007,396 and 25,187,351 shares issued and outstanding at March 31, 2023 and June 30, 2022, respectively 60,475 64,297
Retained earnings 917,866 846,869
Accumulated other comprehensive loss (99,446) (104,638)
Total shareholders’ equity 878,895 806,528
Total liabilities and shareholders’ equity $ 1,980,382 $ 1,937,428