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Goodwill and Intangibles (Tables) | 9 Months Ended
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Mar. 31, 2022
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 nine month period ended March 31, 2022 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 | — |  |  | 3,531 |  |  | 3,531 |
Other, primarily currency translation | (287) |  |  | 430 |  |  | 143 |
Balance at March 31, 2022 | $ | 212,009 |  |  | $ | 351,742 |  |  | $ | 563,751 |
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:
March 31, 2022 |  | Amount |  | Accumulated Amortization |  | Net Book Value
Finite-Lived Identifiable Intangibles: |  |  |  |  |  |
Customer relationships |  | $ | 354,754 |  |  | $ | 161,686 |  |  | $ | 193,068 |
Trade names |  | 105,655 |  |  | 42,901 |  |  | 62,754 |
Vendor relationships |  | 11,464 |  |  | 10,472 |  |  | 992 |
Other |  | 2,321 |  |  | 634 |  |  | 1,687 |
Total Identifiable Intangibles |  | $ | 474,194 |  |  | $ | 215,693 |  |  | $ | 258,501 |
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 nine month period ended March 31, 2022, 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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- Definition Tabular disclosure of finite-lived and indefinite-lived intangible assets acquired as part of a business combination. + References No definition available. + 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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