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Subsequent Events Subsequent Events | 12 Months Ended
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Jun. 30, 2019
Subsequent Events [Abstract] |
Subsequent Events [Text Block] | SUBSEQUENT EVENTS We have evaluated events and transactions occurring subsequent to June 30, 2019 through the date the financial statements were issued. During the first quarter of fiscal 2020, the Company reached a definitive agreement to acquire 100% of the outstanding stock of Olympus Controls Corp., located in Tualatin, Oregon. The Company intends to fund this acquisition using funds available through the Company's revolving credit facility. As a full-service provider of innovative technologies and complete engineered solutions for OEMs, machine builders, integrators, and end users, this business will be included in the Fluid Power & Flow Control segment.

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- Definition The entire disclosure for significant events or transactions that occurred after the balance sheet date through the date the financial statements were issued or the date the financial statements were available to be issued. Examples include: the sale of a capital stock issue, purchase of a business, settlement of litigation, catastrophic loss, significant foreign exchange rate changes, loans to insiders or affiliates, and transactions not in the ordinary course of business. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 855 -URI http://asc.fasb.org/topic&trid=2122774 + Details
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