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 income $ 241,997 $ 302,792
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 45,941 46,451
Asset impairment charges 1,327 1,378
Net gain on sale of assets (1,160) 0
Non-cash stock-based compensation expense 33,942 40,142
Excess tax benefit from equity awards (13,093) 0
Net gain on sale of marketable securities and other investments (1,357) (556)
Changes in assets and liabilities:    
Decrease in accounts receivable, net 89,583 45,408
Increase in inventories (10,467) (76,841)
Decrease in other assets 615 61,819
Decrease in accounts payable (35,418) (13,978)
Increase (decrease) in deferred system profit 9,557 (1,620)
Increase (decrease) in other liabilities (38,631) 1,222
Net cash provided by operating activities 322,836 406,217
Cash flows from investing activities:    
Capital expenditures, net (37,363) (27,046)
Proceeds from sale of assets 1,838 2,228
Purchase of available-for-sale securities (751,527) (591,088)
Proceeds from sale and maturity of available-for-sale securities 718,124 556,167
Purchase of trading securities (19,912) (35,438)
Proceeds from sale of trading securities 19,438 34,529
Net cash used in investing activities (69,402) (60,648)
Cash flows from financing activities:    
Issuance of common stock 46,857 49,098
Tax withholding payments related to vested and released restricted stock units (28,432) (29,474)
Common stock repurchases (136,600) (129,972)
Payment of dividends to stockholders (133,151) (116,561)
Excess tax benefit from equity awards 13,093 0
Net cash used in financing activities (238,233) (226,909)
Effect of exchange rate changes on cash and cash equivalents 818 (5,003)
Net increase in cash and cash equivalents 16,019 113,657
Cash and cash equivalents at beginning of period 751,294 711,329
Cash and cash equivalents at end of period 767,313 824,986
Supplemental cash flow disclosures:    
Income taxes paid, net 76,204 7,645
Interest paid $ 26,915 $ 27,515