Annual report pursuant to Section 13 and 15(d)

Consolidated Balance Sheets

v3.5.0.2
Consolidated Balance Sheets - USD ($)
Jun. 30, 2016
Jun. 30, 2015
Current assets:    
Cash and cash equivalents $ 64,237,000 $ 54,532,000
Short-term available-for-sale investments 31,598,000 56,389,000
Accounts receivable, less allowance for doubtful accounts of $555 and $487, respectively 93,393,000 70,034,000
Deferred income taxes 0 11,511,000
Inventories 57,102,000 49,577,000
Other current assets 7,561,000 6,240,000
Total current assets 253,891,000 248,283,000
Property and equipment, net 132,362,000 129,749,000
Goodwill 430,882,000 390,638,000
Intangible assets, net 303,124,000 292,839,000
Other assets 1,922,000 1,851,000
1,129,581,000 1,063,360,000
Current liabilities:    
Trade accounts payable 20,653,000 13,443,000
Salaries, wages and related accruals 14,868,000 10,344,000
Accrued expenses 8,371,000 6,604,000
Deferred revenue 4,717,000 3,380,000
Income taxes payable 1,779,000 1,972,000
Related party note payable, current 3,759,000 4,024,000
Total current liabilities 54,147,000 39,768,000
Deferred income taxes 62,837,000 61,429,000
Long-term debt obligations (91,500,000) (73,000,000)
Contingent consideration payable 38,500,000 39,024,000
Other long-term liabilities 3,317,000 3,204,000
Shareholders’ equity:    
Undesignated capital stock, no par; authorized 5,000,000 shares; none issued or outstanding 0 0
Common stock, par value $.01 a share; authorized 100,000,000 shares; issued and outstanding 37,253,771 and 37,152,979 shares, respectively 372,000 371,000
Additional paid-in capital 178,760,000 163,306,000
Retained earnings (770,553,000) (713,851,000)
Accumulated other comprehensive (loss) income 70,405,000 30,593,000
Total shareholders’ equity 879,280,000 846,935,000
$ 1,129,581,000 $ 1,063,360,000