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CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Thousands
Mar. 31, 2024
Jun. 30, 2023
Current assets:    
Cash and cash equivalents $ 159,050 $ 36,178
Accounts receivable, less allowance of $19,566 at March 31, 2024 and $15,480 at June 30, 2023 589,847 753,236
Inventories 529,163 757,574
Prepaid expenses and other current assets 138,100 110,087
Total current assets 1,416,160 1,657,075
Property and equipment, net 35,594 37,379
Goodwill 207,616 216,706
Identifiable intangible assets, net 41,510 68,495
Deferred income taxes 19,231 17,764
Other non-current assets 62,877 70,750
Total assets 1,782,988 2,068,169
Current liabilities:    
Accounts payable 555,733 691,119
Accrued expenses and other current liabilities 74,664 78,892
Income taxes payable 4,792 9,875
Current portion of long-term debt 7,857 6,915
Total current liabilities 643,046 786,801
Deferred income taxes 0 3,816
Long-term debt, net of current portion 138,024 144,006
Borrowings under revolving credit facility 0 178,980
Other long-term liabilities 57,867 49,268
Total liabilities 838,937 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, 24,708,808 and 24,844,203 shares issued and outstanding at March 31, 2024 and June 30, 2023, respectively 46,426 58,241
Retained earnings 997,642 936,678
Accumulated other comprehensive loss (100,017) (89,621)
Total shareholders’ equity 944,051 905,298
Total liabilities and shareholders’ equity $ 1,782,988 $ 2,068,169