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 $)
In Thousands, unless otherwise specified
 3 Months Ended
Sep. 30, 2012
Sep. 30, 2011
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net earnings $ 25,668 $ 27,521
Adjustments to reconcile net earnings to net cash provided by operating activities:    
Depreciation and amortization 3,105 3,135
Costs recognized on sale of acquired inventory 1,264 2,148
Deferred income taxes (777) (1,066)
Stock-based compensation expense 303 290
Excess tax benefit from stock option exercises (1) (7)
Losses by equity method investees 41 198
Other 107 19
Change in operating assets and operating liabilities:    
Trade accounts and other receivables 1,053 1,591
Inventories (1,084) (226)
Prepaid expenses (252) (145)
Trade accounts payable and accrued expenses 218 1,598
Salaries, wages and related accruals 400 825
Income taxes payable (782) (1,449)
Net cash provided by operating activities 29,263 34,432
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchase of available-for-sale investments (21,119) (44,311)
Proceeds from sales of available-for-sale investments 6,200 10,195
Proceeds from maturities of available-for-sale investments 11,601 24,763
Increase in other long-term assets (87) 0
Additions to property and equipment (2,515) (1,096)
Net cash used in investing activities (5,920) (10,449)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Cash dividends (10,312) (10,026)
Proceeds from stock option exercises 136 45
Excess tax benefit from stock option exercises 1 7
Purchase of common stock for stock bonus plans (573) (907)
Repurchase of common stock 0 (10,675)
Net cash used in financing activities (10,748) (21,556)
Effect of exchange rate changes on cash and cash equivalents 1,535 (805)
Net increase in cash and cash equivalents 14,130 1,622
Cash and cash equivalents at beginning of period 116,675 77,613
Cash and cash equivalents at end of period $ 130,805 $ 79,235