v3.24.3
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
 3 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Cash flows from operating activities:    
Net income $ 311,355 $ 219,422
Adjustment to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 44,730 44,934
Amortization of right-of-use assets 8,980 8,508
Stock-based compensation costs 20,156 18,510
(Gain) loss attributable to equity method investments (note 5) (963) 3,895
(Gain) loss on equity investments (note 5) 680 602
Changes in operating assets and liabilities:    
Accounts receivable 36,417 6,534
Inventories (70,254) 26,911
Prepaid expenses, net deferred income taxes and other current assets (123) (42,015)
Accounts payable, accrued expenses, income taxes payable and other (25,440) (1,018)
Net cash provided by (used in) operating activities 325,538 286,283
Cash flows from investing activities:    
Purchases of property, plant and equipment (17,840) (30,035)
Patent registration and acquisition costs (1,767) (10,831)
Business acquisitions, net of cash acquired 0 (103,183)
Purchases of investments (note 5) (1,350) (3,680)
Proceeds from exits of investments (note 5) 4,128 250
Proceeds (payments) on maturity of foreign currency contracts 18,975 (1,501)
Net cash provided by (used in) investing activities 2,146 (148,980)
Cash flows from financing activities:    
Proceeds from issuance of common stock, net 8,383 983
Taxes paid related to net share settlement of equity awards (389) (225)
Purchases of treasury stock (50,005) 0
Payments of business combination contingent consideration (855) (1,293)
Proceeds from borrowings, net of borrowing costs 0 105,000
Repayment of borrowings (30,000) (185,000)
Dividends paid (77,891) (70,597)
Net cash provided by (used in) financing activities (150,757) (151,132)
Effect of exchange rate changes on cash 11,073 (4,962)
Net increase (decrease) in cash and cash equivalents 188,000 (18,791)
Cash and cash equivalents at beginning of period 238,361 227,891
Cash and cash equivalents at end of period 426,361 209,100
Supplemental disclosure of cash flow information:    
Income taxes paid, net of refunds 105,704 76,749
Interest paid 7,351 14,957
Fair value of assets acquired, excluding cash 0 34,092
Liabilities assumed 0 (5,325)
Goodwill on acquisition 0 74,416
Fair value of contingent consideration 855 1,293
Cash paid for acquisitions $ 855 $ 104,476

Source

10-Q PDF
XBRL