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
 6 Months Ended
Dec. 31, 2012
Dec. 31, 2011
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net earnings $ 51,032 $ 53,334
Adjustments to reconcile net earnings to net cash provided by operating activities:    
Depreciation and amortization 6,278 6,314
Costs recognized on sale of acquired inventory 2,464 3,915
Deferred income taxes (1,487) (7,472)
Stock-based compensation expense 1,088 1,148
Excess tax benefit from stock option exercises (64) (13)
Losses by equity method investees 83 415
Other 212 108
Change in operating assets and operating liabilities:    
Trade accounts and other receivables 3,645 1,263
Inventories (1,362) (929)
Prepaid expenses (193) 7
Trade accounts payable and accrued expenses 260 1,435
Salaries, wages and related accruals (390) (253)
Income taxes payable (1,016) (4,402)
Net cash provided by operating activities 60,550 54,870
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchase of available-for-sale investments (42,620) (84,043)
Proceeds from sales of available-for-sale investments 16,537 39,085
Proceeds from maturities of available-for-sale investments 22,322 36,935
Additions to property and equipment (10,735) (3,297)
Increase in other long-term assets (424) 0
Distribution from unconsolidated entity 0 42
Net cash used in investing activities (14,920) (11,278)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Cash dividends (21,360) (20,387)
Proceeds from stock option exercises 824 45
Excess tax benefit from stock option exercises 64 13
Purchase of common stock for stock bonus plans (573) (907)
Repurchase of common stock 0 (17,748)
Net cash used in financing activities (21,045) (38,984)
Effect of exchange rate changes on cash and cash equivalents 2,026 (1,227)
Net increase in cash and cash equivalents 26,611 3,381
Cash and cash equivalents at beginning of period 116,675 77,613
Cash and cash equivalents at end of period $ 143,286 $ 80,994