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Segment Information (Tables)

3 Months Ended

Sep. 30, 2024

Segment Reporting [Abstract]

Segment financial information

Three Months Ended						Service Center Based Distribution						Engineered Solutions						Total
September 30, 2024
Net sales						$	749,739					$	349,205					$	1,098,944
Operating income for reportable segments						94,627						48,145						142,772
Assets used in the segment						1,894,467						1,108,744						3,003,211
Depreciation and amortization of property						4,419						1,505						5,924
Capital expenditures						4,435						1,114						5,549
September 30, 2023
Net sales						$	746,533					$	348,655					$	1,095,188
Operating income for reportable segments						96,881						49,595						146,476
Assets used in the segment						1,749,309						1,001,202						2,750,511
Depreciation and amortization of property						4,436						1,281						5,717
Capital expenditures						3,634						706						4,340

Reconciliation of operating income for reportable segments to the consolidated income before income taxes

A reconciliation of operating income for reportable segments to the condensed consolidated income before income taxes is as follows:

						Three Months Ended
						September 30,
						2024						2023
Operating income for reportable segments						$	142,772					$	146,476
Adjustment for:
Intangible amortization—Service Center Based Distribution						802						677
Intangible amortization—Engineered Solutions						6,798						6,716
Corporate and other expense, net						22,000						18,403
Total operating income						113,172						120,680
Interest (income) expense, net						(627)						1,320
Other (income) expense, net						(2,281)						431
Income before income taxes						$	116,080					$	118,929

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.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 31
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-31

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- Definition

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.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 25
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-25

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