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Segment Information (Tables)

12 Months Ended

Jun. 30, 2019

Segment Reporting [Abstract]

Segment financial information

Segment Financial Information

	Service Center Based Distribution				Fluid Power & Flow Control				Total
Year Ended June 30, 2019
Net sales	$	2,452,905			$	1,019,834			$	3,472,739
Operating income for reportable segments	254,954				112,117				367,071
Assets used in the business	1,265,093				1,066,604				2,331,697
Depreciation and amortization of property	15,982				4,254				20,236
Capital expenditures	16,475				2,495				18,970
Year Ended June 30, 2018
Net sales	$	2,346,418			$	726,856			$	3,073,274
Operating income for reportable segments	238,322				83,175				321,497
Assets used in the business	1,198,296				1,087,445				2,285,741
Depreciation and amortization of property	15,336				2,462				17,798
Capital expenditures	18,492				4,738				23,230
Year Ended June 30, 2017
Net sales	$	2,180,358			$	413,388			$	2,593,746
Operating income for reportable segments	203,267				46,312				249,579
Assets used in the business	1,187,054				200,541				1,387,595
Depreciation and amortization of property	14,375				931				15,306
Capital expenditures	14,566				2,479				17,045

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,	2019				2018				2017
Operating income for reportable segments	$	367,071			$	321,497			$	249,579
Adjustments for:
Intangible amortization — Service Center Based Distribution	13,639				17,375				18,954
Intangible amortization — Fluid Power & Flow Control	28,244				14,690				5,417
Intangible Impairment — Service Center Based Distribution	31,594				—				—
Corporate and other expense, net	59,806				63,605				49,822
Total operating income	233,788				225,827				175,386
Interest expense, net	40,188				23,485				8,541
Other income, net	(881		)		(2,376		)		(121		)
Income before income taxes	$	194,481			$	204,718			$	166,966

Information by geographic area

June 30,	2019				2018				2017
Long-Lived Assets:
United States	$	474,910			$	501,373			$	207,126
Canada	13,291				50,261				57,947
Other Countries	4,968				5,656				6,558
Total	$	493,169			$	557,290			$	271,631

X

- Definition

Tabular disclosure of the reconciliation of profit (loss) from reportable segments to the consolidated income (loss) before income tax expense (benefit) and discontinued operations. Includes, but is not limited to, reconciliation after income tax if income tax is allocated to the reportable segment.

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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.

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