Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS

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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
 9 Months Ended
Mar. 31, 2012
Mar. 31, 2011
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net earnings $ 85,090,000 $ 83,971,000
Adjustments to reconcile net earnings to net cash provided by operating activities:    
Depreciation and amortization 9,366,000 5,942,000
Costs recognized on sale of acquired inventory 5,870,000 0
Deferred income taxes (7,753,000) 3,194,000
Stock-based compensation expense 1,389,000 937,000
Excess tax benefit from stock option exercises (51,000) (419,000)
Impairment loss on investments 3,254,000 0
Losses by equity method investees 558,000 744,000
Other (10,000) 230,000
Change in operating assets and operating liabilities:    
Trade accounts and other receivables (4,645,000) (5,860,000)
Inventories (1,586,000) (17,000)
Prepaid expenses (393,000) 137,000
Trade accounts payable and accrued expenses 1,641,000 347,000
Salaries, wages and related accruals 1,351,000 1,386,000
Income taxes payable (4,748,000) 1,930,000
Net cash provided by operating activities 89,333,000 92,522,000
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchase of available-for-sale investments (124,007,000) (131,524,000)
Proceeds from sales of available-for-sale investments 53,931,000 97,638,000
Proceeds from maturities of available-for-sale investments 56,273,000 31,846,000
Additions to property and equipment (4,884,000) (2,357,000)
Increase in other assets (489,000) (807,000)
Distribution from unconsolidated entity 42,000 0
Net cash used in investing activities (19,134,000) (5,204,000)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Cash dividends (30,707,000) (29,662,000)
Proceeds from stock option exercises 667,000 3,429,000
Excess tax benefit from stock option exercises 51,000 419,000
Purchase of common stock for stock bonus plans (907,000) (294,000)
Repurchase of common stock (21,283,000) (1,940,000)
Net cash used in financing activities (52,179,000) (28,048,000)
Effect of exchange rate changes on cash and cash equivalents (353,000) 5,219,000
Net increase in cash and cash equivalents 17,667,000 64,489,000
Cash and cash equivalents at beginning of period 77,613,000 94,139,000
Cash and cash equivalents at end of period $ 95,280,000 $ 158,628,000