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Goodwill and Intangibles (Tables) | 12 Months Ended
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Jun. 30, 2021
Goodwill and Intangible Assets Disclosure [Abstract] |
Schedule of Goodwill [Table Text Block] | The changes in the carrying amount of goodwill for both the Service Center Based Distribution segment and the Fluid Power & Flow Control segment for the years ended June 30, 2021 and 2020 are as follows:
| Service Center Based Distribution |  | Fluid Power & Flow Control |  | Total
Balance at July 1, 2019 | $ | 213,634 |  |  | $ | 448,357 |  |  | $ | 661,991 |
Goodwill adjusted/acquired during the year | (3,393) |  |  | 14,667 |  |  | 11,274 |
Impairment | — |  |  | (131,000) |  |  | (131,000) |
Other, primarily currency translation | (1,671) |  |  | — |  |  | (1,671) |
Balance at June 30, 2020 | 208,570 |  |  | 332,024 |  |  | 540,594 |
Goodwill acquired during the year | — |  |  | 15,757 |  |  | 15,757 |
Other, primarily currency translation | 3,726 |  |  | — |  |  | 3,726 |
Balance at June 30, 2021 | $ | 212,296 |  |  | $ | 347,781 |  |  | $ | 560,077 |
Schedule of Finite-Lived Intangible Assets [Table Text Block] | The Company's identifiable intangible assets resulting from business combinations are amortized over their estimated period of benefit and consist of the following:
June 30, 2021 | Amount |  | Accumulated Amortization |  | Net Book Value
Finite-Lived Intangibles: |  |  |  |  |
Customer relationships | $ | 353,028 |  |  | $ | 143,862 |  |  | $ | 209,166 |
Trade names | 104,780 |  |  | 37,626 |  |  | 67,154 |
Vendor relationships | 11,469 |  |  | 9,859 |  |  | 1,610 |
Other | 2,070 |  |  | 372 |  |  | 1,698 |
Total Intangibles | $ | 471,347 |  |  | $ | 191,719 |  |  | $ | 279,628 |
June 30, 2020 | Amount |  | Accumulated Amortization |  | Net Book Value
Finite-Lived Intangibles: |  |  |  |  |
Customer relationships | $ | 426,017 |  |  | $ | 162,965 |  |  | $ | 263,052 |
Trade names | 111,453 |  |  | 34,815 |  |  | 76,638 |
Vendor relationships | 11,329 |  |  | 8,934 |  |  | 2,395 |
Other | 2,078 |  |  | 948 |  |  | 1,130 |
Total Intangibles | $ | 550,877 |  |  | $ | 207,662 |  |  | $ | 343,215 |
Schedule of Acquired Finite-Lived Intangible Assets by Major Class [Table Text Block] | During fiscal 2021, the Company acquired identifiable intangible assets with an acquisition cost allocation and weighted-average life as follows:
| Acquisition Cost Allocation |  | Weighted-Average Life
Customer relationships | $ | 10,390 |  |  | 20.0
Trade names | 3,840 |  |  | 15.0
Other | 1,090 |  |  | 5.9
Total Intangibles Acquired | $ | 15,320 |  |  | 17.7

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- Definition Tabular disclosure of the characteristics, including initial carrying value, residual amount, weighted average useful life, of finite-lived intangible assets acquired during the period by major class. A major class is composed of intangible assets that can be grouped together because they are similar, either by nature or by their use in the operations of the company. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=66006027&loc=d3e16265-109275 + Details
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- Definition Tabular disclosure of assets, excluding financial assets and goodwill, lacking physical substance with a finite life, by either major class or business segment. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 2 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=66006027&loc=d3e16323-109275 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=66006027&loc=d3e16265-109275 + Details
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