XML 63 R36.htm IDEA: XBRL DOCUMENT
v3.2.0.727

Segment and Geographic Information (Tables) | 12 Months Ended
--- | ---
Jun. 30, 2015
Segment Reporting [Abstract] |
Segment financial information | Segment Financial Information
| Service Center Based Distribution |  |  | Fluid Power Businesses |  |  | Total |
Year Ended June 30, 2015 |  |  |  |  |
Net sales | $ | 2,254,768 |  |  | $ | 496,793 |  |  | $ | 2,751,561 |
Operating income for reportable segments | 140,421 |  |  | 48,535 |  |  | 188,956 |
Assets used in the business | 1,230,543 |  |  | 204,425 |  |  | 1,434,968 |
Depreciation and amortization of property | 15,196 |  |  | 1,382 |  |  | 16,578 |
Capital expenditures | 13,531 |  |  | 1,402 |  |  | 14,933 |
Year Ended June 30, 2014 |  |  |  |  |
Net sales | $ | 1,973,359 |  |  | $ | 486,519 |  |  | $ | 2,459,878 |
Operating income for reportable segments | 118,857 |  |  | 44,621 |  |  | 163,478 |
Assets used in the business | 1,116,311 |  |  | 217,858 |  |  | 1,334,169 |
Depreciation and amortization of property | 12,399 |  |  | 1,578 |  |  | 13,977 |
Capital expenditures | 18,744 |  |  | 1,446 |  |  | 20,190 |
Year Ended June 30, 2013 |  |  |  |  |
Net sales | $ | 2,003,440 |  |  | $ | 458,731 |  |  | $ | 2,462,171 |
Operating income for reportable segments | 138,484 |  |  | 41,083 |  |  | 179,567 |
Assets used in the business | 859,547 |  |  | 199,159 |  |  | 1,058,706 |
Depreciation and amortization of property | 10,692 |  |  | 1,809 |  |  | 12,501 |
Capital expenditures | 10,415 |  |  | 1,799 |  |  | 12,214 |
Reconciliation of operating income for reportable segments to the consolidated income before income taxes | A reconciliation of operating income for reportable segments to the consolidated income before income taxes is as follows:
Year Ended June 30, | 2015 |  |  | 2014 |  |  | 2013 |
Operating income for reportable segments | $ | 188,956 |  |  | $ | 163,478 |  |  | $ | 179,567 |
Adjustments for: |  |  |  |  |
Intangible amortization — Service Center Based Distribution | 19,561 |  |  | 7,336 |  |  | 5,829 |
Intangible amortization — Fluid Power Businesses | 6,236 |  |  | 6,687 |  |  | 7,404 |
Corporate and other income, net | (21,460 | ) |  | (14,903 | ) |  | (10,065 | )
Total operating income | 184,619 |  |  | 164,358 |  |  | 176,399 |
Interest expense, net | 7,869 |  |  | 249 |  |  | 165 |
Other expense (income), net | 879 |  |  | (2,153 | ) |  | (1,431 | )
Income before income taxes | $ | 175,871 |  |  | $ | 166,262 |  |  | $ | 177,665 |
Net sales by product category | Net sales by product category are as follows:
Year Ended June 30, | 2015 |  |  | 2014 |  |  | 2013 |
Industrial | $ | 2,013,447 |  |  | $ | 1,739,496 |  |  | $ | 1,776,172 |
Fluid power | 738,114 |  |  | 720,382 |  |  | 685,999 |
Net sales | $ | 2,751,561 |  |  | $ | 2,459,878 |  |  | $ | 2,462,171 |
Information by geographic area | Information by geographic area is as follows:
Year Ended June 30, | 2015 |  |  | 2014 |  |  | 2013 |
Net Sales: |  |  |  |  |
United States | $ | 2,238,263 |  |  | $ | 2,031,142 |  |  | $ | 2,017,168 |
Canada | 358,580 |  |  | 291,117 |  |  | 298,269 |
Other Countries | 154,718 |  |  | 137,619 |  |  | 146,734 |
Total | $ | 2,751,561 |  |  | $ | 2,459,878 |  |  | $ | 2,462,171 |
June 30, | 2015 |  |  | 2014 |  |  | 2013 |
Long-Lived Assets: |  |  |  |  |
United States | $ | 217,597 |  |  | $ | 153,945 |  |  | $ | 144,289 |
Canada | 76,565 |  |  | 99,161 |  |  | 19,038 |
Other Countries | 9,113 |  |  | 9,998 |  |  | 11,183 |
Total | $ | 303,275 |  |  | $ | 263,104 |  |  | $ | 174,510 |

X
- Definition Tabular disclosure of all significant reconciling items in the reconciliation of total profit or loss from reportable segments, to the entity's consolidated income before income taxes, extraordinary items, and discontinued operations. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8924-108599 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8906-108599 + Details
Name: | us-gaap_ReconciliationOfOperatingProfitLossFromSegmentsToConsolidatedTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of entity-wide revenues from external customers for each product or service or each group of similar products or services if the information is not provided as part of the reportable operating segment information. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 40 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e9031-108599 + Details
Name: | us-gaap_ScheduleOfEntityWideInformationRevenueFromExternalCustomersByProductsAndServicesTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of information concerning material long-lived assets (excluding financial instruments, customer relationships with financial institutions, mortgage and other servicing rights, deferred policy acquisition costs, and deferred taxes assets) located in identified geographic areas and/or the amount of revenue from external customers attributed to that country from which revenue is material. An entity may also provide subtotals of geographic information about groups of countries. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 225 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03.1) -URI http://asc.fasb.org/extlink&oid=26872669&loc=d3e20235-122688 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e9038-108599 + Details
Name: | us-gaap_ScheduleOfRevenuesFromExternalCustomersAndLongLivedAssetsByGeographicalAreasTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8906-108599 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8813-108599 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8721-108599 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=35741047&loc=d3e13816-109267 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8736-108599 + Details
Name: | us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_SegmentReportingAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration