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SEGMENT INFORMATION (Tables) | 3 Months Ended
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Sep. 30, 2025
Segment Reporting [Abstract] |
Schedule of Segment financial information | These corporate and other expenses reconcile segment operating income to total consolidated income before income taxes.
Three Months Ended September 30, 2025 | Service Center |  | Engineered Solutions |  | Total
Total sales | $ | 783,848 |  |  | $ | 433,573 |  |  | $ | 1,217,421 |
Less: Inter-segment sales ¹ | 1,374 |  |  | 16,524 |  |  | 17,898 |
Net sales | $ | 782,474 |  |  | $ | 417,049 |  |  | $ | 1,199,523 |
Less segment expenses: |  |  |  |  |
Cost of sales | 556,201 |  |  | 281,893 |  |  |
Selling, distribution, and administrative expense, including depreciation ² | 122,220 |  |  | 89,296 |  |  |
Segment operating income | $ | 104,053 |  |  | $ | 45,860 |  |  | $ | 149,913 |
Corporate & other expense, net |  |  |  |  | 20,883 |
Interest expense, net |  |  |  |  | 993 |
Other income, net |  |  |  |  | (548) |
Income before income taxes |  |  |  |  | $ | 128,585 |
Three Months Ended September 30, 2024 | Service Center |  | Engineered Solutions |  | Total
Total sales | $ | 750,345 |  |  | $ | 361,898 |  |  | $ | 1,112,243 |
Less: Inter-segment sales ¹ | 606 |  |  | 12,693 |  |  | 13,299 |
Net sales | $ | 749,739 |  |  | $ | 349,205 |  |  | $ | 1,098,944 |
Less segment expenses: |  |  |  |  |
Cost of sales | 536,073 |  |  | 237,789 |  |  |
Selling, distribution, and administrative expense, including depreciation ² | 119,840 |  |  | 70,070 |  |  |
Segment operating income | $ | 93,826 |  |  | $ | 41,346 |  |  | $ | 135,172 |
Corporate & other expense, net |  |  |  |  | 22,000 |
Interest expense, net |  |  |  |  | (627) |
Other income, net |  |  |  |  | (2,281) |
Income before income taxes |  |  |  |  | $ | 116,080 |
¹The Company accounts for inter-segment sales using market rates. ²Amortization of intangibles is recorded within selling, distribution, and administrative expense, and therefore included in segment operating income for all periods presented. A reconciliation of supplemental segment financial information is as follows:
Three Months Ended |  | Service Center |  | Engineered Solutions |  | Total
September 30, 2025 |  |  |  |  |  |
Assets used in the business |  | $ | 1,785,052 |  |  | $ | 1,400,422 |  |  | $ | 3,185,474 |
Depreciation and amortization of property |  | 4,235 |  |  | 2,251 |  |  | 6,486 |
Amortization of intangibles |  | 730 |  |  | 9,473 |  |  | 10,203 |
Capital expenditures |  | 6,328 |  |  | 973 |  |  | 7,301 |
September 30, 2024 |  |  |  |  |  |
Assets used in the business |  | $ | 1,894,467 |  |  | $ | 1,108,744 |  |  | $ | 3,003,211 |
Depreciation and amortization of property |  | 4,419 |  |  | 1,505 |  |  | 5,924 |
Amortization of intangibles |  | 802 |  |  | 6,798 |  |  | 7,600 |
Capital expenditures |  | 4,435 |  |  | 1,114 |  |  | 5,549 |

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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 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-22 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-30 + Details
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