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Goodwill and Intangibles (Tables) | 6 Months Ended
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Dec. 31, 2021
Goodwill and Intangible Assets Disclosure [Abstract] |
Changes in the carrying amount of goodwill by reportable segment | 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 fiscal year ended June 30, 2021 and the six month period ended December 31, 2021 are as follows:
| Service Center Based Distribution |  | Fluid Power & Flow Control |  | Total
Balance at June 30, 2020 | $ | 208,570 |  |  | $ | 332,024 |  |  | $ | 540,594 |
Goodwill acquired during the period | — |  |  | 15,757 |  |  | 15,757 |
Other, primarily currency translation | 3,726 |  |  | — |  |  | 3,726 |
Balance at June 30, 2021 | $ | 212,296 |  |  | $ | 347,781 |  |  | $ | 560,077 |
Goodwill acquired during the period | — |  |  | 3,482 |  |  | 3,482 |
Other, primarily currency translation | (1,178) |  |  | 430 |  |  | (748) |
Balance at December 31, 2021 | $ | 211,118 |  |  | $ | 351,693 |  |  | $ | 562,811 |
Schedule of Intangible Assets | The Company’s identifiable intangible assets resulting from business combinations are amortized over their estimated period of benefit and consist of the following:
December 31, 2021 |  | Amount |  | Accumulated Amortization |  | Net Book Value
Finite-Lived Identifiable Intangibles: |  |  |  |  |  |
Customer relationships |  | $ | 354,240 |  |  | $ | 155,405 |  |  | $ | 198,835 |
Trade names |  | 105,619 |  |  | 41,108 |  |  | 64,511 |
Vendor relationships |  | 11,416 |  |  | 10,223 |  |  | 1,193 |
Other |  | 2,321 |  |  | 546 |  |  | 1,775 |
Total Identifiable Intangibles |  | $ | 473,596 |  |  | $ | 207,282 |  |  | $ | 266,314 |
June 30, 2021 |  | Amount |  | Accumulated Amortization |  | Net Book Value
Finite-Lived Identifiable 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 Identifiable Intangibles |  | $ | 471,347 |  |  | $ | 191,719 |  |  | $ | 279,628 |
Fully amortized amounts are written off.
Finite-Lived and Indefinite-Lived Intangible Assets Acquired as Part of Business Combination | During the six month period ended December 31, 2021, the Company acquired identifiable intangible assets with a preliminary acquisition cost allocation and weighted-average life as follows:
|  | Acquisition Cost Allocation |  | Weighted-Average life
Customer relationships |  | $ | 1,884 |  |  | 20.0
Trade names |  | 879 |  |  | 15.0
Other |  | 251 |  |  | 6.5
Total Identifiable Intangibles |  | $ | 3,014 |  |  | 17.4

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