|
Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
|
9 Months Ended |
|
Mar. 31, 2015
|
Mar. 31, 2014
|
| Operating activities |
|
|
| Net income |
$ 94,204 |
$ 42,628 |
| Adjustments to reconcile net income to net cash provided by operating activities: |
|
|
| Depreciation and amortization |
69,756 |
49,346 |
| Share-based compensation expense |
18,764 |
21,850 |
| Excess tax benefits derived from share-based compensation awards |
(2,686) |
(5,467) |
| Deferred taxes |
(8,666) |
(10,954) |
| Loss in equity interest |
0 |
2,704 |
| Unrealized (gain) loss on derivative instruments included in net income |
(7,435) |
2,655 |
| Change in fair value of contingent consideration |
14,890 |
0 |
| Effect of exchange rate changes on monetary assets and liabilities denominated in non-functional currency |
(15,932) |
983 |
| Other non-cash items |
3,126 |
729 |
| Changes in operating assets and liabilities excluding the effect of business acquisitions: |
|
|
| Accounts receivable |
(855) |
2,293 |
| Inventory |
(2,201) |
352 |
| Prepaid expenses and other assets |
18,064 |
(9,217) |
| Accounts payable |
(5,049) |
7,979 |
| Accrued expenses and other liabilities |
16,434 |
(7,835) |
| Net cash provided by operating activities |
192,414 |
98,046 |
| Investing activities |
|
|
| Purchases of property, plant and equipment |
(50,105) |
(53,999) |
| Proceeds from sale of assets |
0 |
137 |
| Business acquisitions, net of cash acquired |
(22,997) |
0 |
| Purchases of intangible assets |
(201) |
(202) |
| Purchase of available-for-sale securities |
0 |
(4,629) |
| Capitalization of software and website development costs |
(12,517) |
(7,339) |
| Investment in equity interest |
0 |
(4,994) |
| Net cash used in investing activities |
(85,820) |
(71,026) |
| Financing activities |
|
|
| Proceeds from borrowings of debt |
218,500 |
109,000 |
| Proceeds from issuance of senior notes |
275,000 |
0 |
| Payments of debt |
(512,251) |
(145,796) |
| Payments of debt issuance costs |
(6,373) |
(1,354) |
| Payment of contingent consideration included in acquisition-date fair value |
(7,021) |
0 |
| Payments of withholding taxes in connection with share awards |
(4,297) |
(8,400) |
| Payments of capital lease obligations |
(4,315) |
0 |
| Excess tax benefits derived from share-based compensation awards |
2,686 |
5,467 |
| Proceeds from issuance of ordinary shares |
10,967 |
4,274 |
| Capital contribution from noncontrolling interest |
4,160 |
4,821 |
| Issuance of dividend to noncontrolling interest |
(118) |
0 |
| Net cash used in financing activities |
(23,062) |
(31,988) |
| Effect of exchange rate changes on cash |
(11,828) |
1,448 |
| Net increase (decrease) in cash and cash equivalents |
71,704 |
(3,520) |
| Cash and cash equivalents at beginning of period |
62,508 |
50,065 |
| Cash and cash equivalents at end of period |
134,212 |
46,545 |
| Supplemental Cash Flow Information |
|
|
| Interest |
7,366 |
4,061 |
| Income taxes |
10,629 |
12,659 |
| Capitalization of construction costs related to financing lease obligation |
59,790 |
8,397 |
| Property and equipment acquired under capital leases |
$ 9,762 |
$ 0 |