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Revenue Recognition Revenue Recognition (Tables) | 3 Months Ended
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Sep. 30, 2018
Disaggregation of Revenue [Line Items] |
Schedule of New Accounting Pronouncements and Changes in Accounting Principles [Table Text Block] | The following tables summarize the impacts of ASC 606 on the Company's condensed consolidated financial statements:
|  | For the three months ended September 30, 2018
|  | As Reported |  | Adjustments |  | Balances without adoption of ASC 606
Net Sales |  | $ | 864,515 |  |  | $ | 3,312 |  |  | $ | 867,827 |
Cost of Sales |  | 612,662 |  |  | 2,404 |  |  | 615,066 |
Gross Profit |  | 251,853 |  |  | 908 |  |  | 252,761 |
Selling, Distribution and Administrative, including depreciation |  | 185,514 |  |  | 219 |  |  | 185,733 |
Operating Income |  | 66,339 |  |  | 689 |  |  | 67,028 |
Interest Expense, net |  | 10,476 |  |  | — |  |  | 10,476 |
Other Income, net |  | (239 | ) |  | — |  |  | (239 | )
Income Before Income Taxes |  | 56,102 |  |  | 689 |  |  | 56,791 |
Income Tax Expense |  | 7,164 |  |  | 172 |  |  | 7,336 |
Net Income |  | $ | 48,938 |  |  | $ | 517 |  |  | $ | 49,455 |
|  | As of September 30, 2018
|  | As Reported |  | Adjustments |  | Balances without adoption of ASC 606
Assets |  |  |  |  |  |
Accounts Receivable, net |  | $ | 565,462 |  |  | $ | (10,393 | ) |  | $ | 555,069 |
Inventories |  | 431,658 |  |  | 12,529 |  |  | 444,187 |
Other Assets |  | 23,494 |  |  | 173 |  |  | 23,667 |
Liabilities |  |  |  |  |  |  |
Other Current Liabilities |  | 70,109 |  |  | 6,559 |  |  | 76,668 |
Compensation and Related Benefits |  | 62,995 |  |  | (511 | ) |  | 62,484 |
Other Liabilities |  | 78,281 |  |  | (827 | ) |  | 77,454 |
Equity |  |  |  |  |  |
Retained Earnings |  | $ | 1,181,683 |  |  | $ | (2,912 | ) |  | $ | 1,178,771 |
Schedule of Revenue from External Customers Attributed to Foreign Countries by Geographic Area [Table Text Block] | The following table presents the Company's net sales by reportable segment and by geographic areas based on the location of the facility shipping the product. Other countries consist of Mexico, Australia, New Zealand, and Singapore.
| Three Months Ended September 30,
| 2018 |  | 2017
| Service Center Based Distribution | Fluid Power & Flow Control | Total |  | Service Center Based Distribution | Fluid Power & Flow Control | Total
Geographic Areas: |  |  |  |  |  |  |
United States | $ | 490,774 |  | $ | 256,649 |  | 747,423 |  |  | $ | 458,996 |  | $ | 108,549 |  | $ | 567,545 |
Canada | 69,107 |  | — |  | 69,107 |  |  | 66,817 |  | — |  | $ | 66,817 |
Other countries | 44,168 |  | 3,817 |  | 47,985 |  |  | 43,100 |  | 3,239 |  | $ | 46,339 |
Total | $ | 604,049 |  | $ | 260,466 |  | $ | 864,515 |  |  | $ | 568,913 |  | $ | 111,788 |  | $ | 680,701 |
Disaggregation of Revenue [Table Text Block] | The following table presents the Company’s percentage of revenue by reportable segment and product line for the three months ended September 30, 2018:
| For the three months ended September 30, 2018
| Service Center Based Distribution |  | Fluid Power & Flow Control |  | Total
Power Transmission | 32.8 | % |  | 1.5 | % |  | 23.3 | %
Fluid Power | 14.0 | % |  | 37.6 | % |  | 21.1 | %
General Maintenance; Hose Products | 27.6 | % |  | 4.7 | % |  | 20.8 | %
Bearings, Linear & Seals | 25.6 | % |  | — | % |  | 17.9 | %
Specialty Flow Control | — | % |  | 56.2 | % |  | 16.9 | %
Total | 100.0 | % |  | 100.0 | % |  | 100.0 | %
All Sectors [Domain] |
Disaggregation of Revenue [Line Items] |
Disaggregation of Revenue [Table Text Block] | The following table presents the Company’s percentage of revenue by reportable segment and major customer industry for the three months ended September 30, 2018:
| For the three months ended September 30, 2018
| Service Center Based Distribution |  | Fluid Power & Flow Control |  | Total
General Industry | 35.8 | % |  | 44.0 | % |  | 38.3 | %
Industrial Machinery | 9.2 | % |  | 21.4 | % |  | 12.9 | %
Metals | 11.1 | % |  | 7.8 | % |  | 10.1 | %
Food | 10.8 | % |  | 2.5 | % |  | 8.3 | %
Oil & Gas | 9.6 | % |  | 2.1 | % |  | 7.3 | %
Chem/Petrochem | 3.5 | % |  | 15.6 | % |  | 7.1 | %
Forest Products | 8.7 | % |  | 2.6 | % |  | 6.9 | %
Cement & Aggregate | 6.8 | % |  | 1.0 | % |  | 5.0 | %
Transportation | 4.5 | % |  | 3.0 | % |  | 4.1 | %
Total | 100.0 | % |  | 100.0 | % |  | 100.0 | %

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