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CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Thousands
Dec. 31, 2023
Jun. 30, 2023
Current assets:    
Cash and cash equivalents $ 44,987 $ 36,178
Accounts receivable, less allowance of $19,243 at December 31, 2023 and $15,480 at June 30, 2023 662,799 753,236
Inventories 575,137 757,574
Prepaid expenses and other current assets 122,272 110,087
Total current assets 1,405,195 1,657,075
Property and equipment, net 36,546 37,379
Goodwill 208,214 216,706
Identifiable intangible assets, net 45,313 68,495
Deferred income taxes 19,478 17,764
Other non-current assets 66,059 70,750
Total assets 1,780,805 2,068,169
Current liabilities:    
Accounts payable 540,642 691,119
Accrued expenses and other current liabilities 58,460 78,892
Income taxes payable 3,653 9,875
Current portion of long-term debt 7,857 6,915
Total current liabilities 610,612 786,801
Deferred income taxes 0 3,816
Long-term debt, net of current portion 139,899 144,006
Borrowings under revolving credit facility 20,878 178,980
Other long-term liabilities 55,815 49,268
Total liabilities 827,204 1,162,871
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, 25,154,469 and 24,844,203 shares issued and outstanding at December 31, 2023 and June 30, 2023, respectively 63,983 58,241
Retained earnings 984,836 936,678
Accumulated other comprehensive loss (95,218) (89,621)
Total shareholders’ equity 953,601 905,298
Total liabilities and shareholders’ equity $ 1,780,805 $ 2,068,169