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Segment and Geographic Information
 9 Months Ended
Mar. 31, 2015
Segment Reporting [Abstract]  
SEGMENT AND GEOGRAPHIC INFORMATION
SEGMENT AND GEOGRAPHIC INFORMATION

The accounting policies of the Company’s reportable segments are generally the same as those used to prepare the condensed consolidated financial statements. Intercompany sales primarily from the Fluid Power Businesses segment to the Service Center Based Distribution segment of $6,124 and $5,369, in the three months ended March 31, 2015 and 2014, respectively, and $17,760 and $16,564 in the nine months ended March 31, 2015 and 2014, respectively, have been eliminated in the Segment Financial Information tables below.
Three Months Ended
 
Service Center Based Distribution
 
Fluid Power Businesses
 
Total
March 31, 2015
 
 
 
 
 
 
Net sales
 
$
557,088

 
$
122,906

 
$
679,994

Operating income for reportable segments
 
33,788

 
11,751

 
45,539

Depreciation and amortization of property
 
4,129

 
332

 
4,461

Capital expenditures
 
2,801

 
402

 
3,203

 
 
 
 
 
 
 
March 31, 2014
 
 
 
 
 
 
Net sales
 
$
492,678

 
$
125,328

 
$
618,006

Operating income for reportable segments
 
28,754

 
13,442

 
42,196

Depreciation and amortization of property
 
2,964

 
363

 
3,327

Capital expenditures
 
2,021

 
345

 
2,366

Nine Months Ended
 
Service Center Based Distribution
 
Fluid Power Businesses
 
Total
March 31, 2015
 
 
 
 
 
 
Net sales
 
$
1,701,722

 
$
372,299

 
$
2,074,021

Operating income for reportable segments
 
105,903

 
36,908

 
142,811

Assets used in business
 
1,256,266

 
209,887

 
1,466,153

Depreciation and amortization of property
 
11,741

 
1,051

 
12,792

Capital expenditures
 
9,875

 
1,134

 
11,009

 
 
 
 
 
 
 
March 31, 2014
 
 
 
 
 
 
Net sales
 
$
1,450,705

 
$
354,555

 
$
1,805,260

Operating income for reportable segments
 
82,695

 
33,263

 
115,958

Assets used in business
 
879,349

 
217,302

 
1,096,651

Depreciation and amortization of property
 
8,951

 
1,168

 
10,119

Capital expenditures
 
5,755

 
737

 
6,492



Enterprise resource planning system (ERP) related assets are included in assets used in business and capital expenditures within the Service Center Based Distribution segment.

A reconciliation of operating income for reportable segments to the condensed consolidated income before income taxes is as follows:
 
 
 
Three Months Ended
 
Nine Months Ended
 
 
March 31,
 
March 31,
 
 
2015
 
2014
 
2015
 
2014
Operating income for reportable segments
 
$
45,539

 
$
42,196

 
$
142,811

 
$
115,958

Adjustment for:
 
 
 
 
 
 
 
 
Intangible amortization—Service Center Based Distribution
 
4,811

 
1,102

 
14,696

 
4,484

Intangible amortization—Fluid Power Businesses
 
1,542

 
2,086

 
4,716

 
5,034

Corporate and other (income) expense, net
 
(4,586
)
 
(1,165
)
 
(13,345
)
 
(13,109
)
Total operating income
 
43,772

 
40,173

 
136,744

 
119,549

Interest (income) expense, net
 
2,121

 
(11
)
 
5,738

 
(102
)
Other (income) expense, net
 
(887
)
 
(388
)
 
(263
)
 
(1,749
)
Income before income taxes
 
$
42,538

 
$
40,572

 
$
131,269

 
$
121,400


The change in corporate and other (income) expense, net is due to changes in the amounts and levels of certain supplier support benefits and expenses being allocated to the segments. The expenses being allocated include corporate charges for working capital, logistics support and other items.

Net sales are presented in geographic areas based on the location of the facility shipping the product and are as follows:
 
 
Three Months Ended
 
Nine Months Ended
 
 
March 31,
 
March 31,
 
 
2015
 
2014
 
2015
 
2014
Geographic Areas:
 
 
 
 
 
 
 
 
United States
 
$
562,563

 
$
519,713

 
$
1,673,927

 
$
1,500,252

Canada
 
79,957

 
64,922

 
282,661

 
202,439

Other countries
 
37,474

 
33,371

 
117,433

 
102,569

Total
 
$
679,994

 
$
618,006

 
$
2,074,021

 
$
1,805,260

    
Other countries consist of Mexico, Australia and New Zealand.