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Segment Information (Tables)

12 Months Ended

Jun. 30, 2021

Segment Reporting [Abstract]

Segment financial information

Segment Financial Information

			Service Center Based Distribution						Fluid Power & Flow Control						Total
Year Ended June 30, 2021
Net sales			$	2,199,533					$	1,036,386					$	3,235,919
Operating income for reportable segments			225,206						121,782						346,988
Assets used in the business			1,332,720						939,087						2,271,807
Depreciation and amortization of property			17,155						3,625						20,780
Capital expenditures			13,735						2,117						15,852
Year Ended June 30, 2020
Net sales			$	2,241,949					$	1,003,703					$	3,245,652
Operating income for reportable segments			211,667						109,847						321,514
Assets used in the business			1,314,011						969,540						2,283,551
Depreciation and amortization of property			17,133						4,063						21,196
Capital expenditures			17,063						3,052						20,115
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

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,			2021						2020						2019
Operating income for reportable segments			$	346,988					$	321,514					$	367,071
Adjustments for:
Intangible amortization — Service Center Based Distribution			5,426						12,385						13,639
Intangible amortization — Fluid Power & Flow Control			28,938						29,168						28,244
Impairment — Service Center Based Distribution			49,528						—						31,594
Goodwill Impairment — Fluid Power & Flow Control			—						131,000						—
Corporate and other expense, net			57,642						59,972						59,806
Total operating income			205,454						88,989						233,788
Interest expense, net			30,592						36,535						40,188
Other income, net			(2,200)						(2,782)						(881)
Income before income taxes			$	177,062					$	55,236					$	194,481

Information by geographic area

June 30,			2021						2020						2019
Long-Lived Assets:
United States			$	173,335					$	185,475					$	112,812
Canada			21,458						20,575						8,871
Other Countries			7,907						6,487						2,619
Total			$	202,700					$	212,537					$	124,302

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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Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

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