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Business Combinations (Tables) | 12 Months Ended
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Jun. 30, 2019
Business Combinations [Abstract] |
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block] | The following table summarizes the consideration transferred, assets acquired, and liabilities assumed in connection with the acquisition of FCX based on their estimated fair values at the acquisition date.
| FCX Acquisition |
| 2018 |
Cash | $ | 11,141 |
Accounts receivable | 80,836 |
Inventories | 44,669 |
Other current assets | 1,753 |
Property | 8,282 |
Identifiable intangible assets | 305,420 |
Goodwill | 440,012 |
Other assets | 775 |
Total assets acquired | $ | 892,888 |
Accounts payable and accrued liabilities | 54,035 |
Other liabilities | 2,677 |
Deferred tax liabilities | 54,395 |
Net assets acquired | $ | 781,781 |
Purchase price | $ | 784,281 |
Reconciliation of fair value transferred: |
Working Capital Adjustments | (2,500 | )
Total Consideration | $ | 781,781 |
Schedule of Business Acquisitions, by Acquisition [Table Text Block] | Net sales, operating income and net income from the FCX acquisition included in the Company’s results since January 31, 2018, the date of the acquisition, are as follows:
| 2019 |  | January 31, 2018 to June 30, 2018 |
Net sales | $ | 549,833 |  | $ | 249,752 |
Operating income | 38,186 |  | 16,845 |
Net income | 28,075 |  | 8,758 |
Business Acquisition, Pro Forma Information [Table Text Block] | The following unaudited pro forma consolidated results of operations have been prepared as if the FCX acquisition (including the related acquisition costs) had occurred at the beginning of fiscal 2017:
Pro forma, year ended June 30: | 2018 |  | 2017 |
Net sales | $ | 3,330,430 |  | $ | 2,943,583 |
Operating income | 234,603 |  | 196,194 |
Net income | 158,181 |  | 126,270 |
Diluted net income per share | $ | 4.03 |  | $ | 3.20 |

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- Definition Tabular disclosure of a material business combination completed during the period, including background, timing, and recognized assets and liabilities. This table does not include leveraged buyouts. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=79982066&loc=d3e1486-128463 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=79982066&loc=d3e1392-128463 + Details
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- Definition Tabular disclosure of the amounts recognized as of the acquisition date for each major class of assets acquired and liabilities assumed. May include but not limited to the following: (a) acquired receivables; (b) contingencies recognized at the acquisition date; and (c) the fair value of noncontrolling interests in the acquiree. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=84161108&loc=d3e4845-128472 + Details
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