| Schedule of Revenue from External Customers by Geographic Areas |
The following tables present the Company's net sales by reportable segment and by geographic areas based on the location of the facility shipping the product for the three and six months ended December 31, 2025 and 2024. Other countries consist of Mexico, Australia, New Zealand, Singapore, and Costa Rica. | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended December 31, | | 2025 | | 2024 | | Service Center | Engineered Solutions | Total | | Service Center | Engineered Solutions | Total | | Geographic Areas: | | | | | | | | | United States | $ | 625,157 | | $ | 398,893 | | $ | 1,024,050 | | | $ | 599,801 | | $ | 329,748 | | $ | 929,549 | | | Canada | 74,528 | | — | | 74,528 | | | 77,777 | | — | | 77,777 | | | Other countries | 47,638 | | 16,807 | | 64,445 | | | 46,249 | | 19,426 | | 65,675 | | | Total | $ | 747,323 | | $ | 415,700 | | $ | 1,163,023 | | | $ | 723,827 | | $ | 349,174 | | $ | 1,073,001 | |
| | | | | | | | | | | | | | | | | | | | | | | | | Six Months Ended December 31, | | 2025 | | 2024 | | Service Center | Engineered Solutions | Total | | Service Center | Engineered Solutions | Total | | Geographic Areas: | | | | | | | | | United States | $ | 1,281,961 | | $ | 798,576 | | $ | 2,080,537 | | | $ | 1,225,483 | | $ | 661,299 | | $ | 1,886,782 | | | Canada | 149,845 | | — | | 149,845 | | | 149,253 | | — | | 149,253 | | | Other countries | 97,991 | | 34,173 | | 132,164 | | | 98,830 | | 37,080 | | 135,910 | | | Total | $ | 1,529,797 | | $ | 832,749 | | $ | 2,362,546 | | | $ | 1,473,566 | | $ | 698,379 | | $ | 2,171,945 | |
|
| Schedule of Disaggregation of Revenue |
The following tables present the Company’s percentage of revenue by reportable segment and major customer industry for the three and six months ended December 31, 2025 and 2024: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended December 31, | | | 2025 | | 2024 | | Service Center | | Engineered Solutions | | Total | | Service Center | | Engineered Solutions | | Total | | General Industry | 34.6 | % | | 44.7 | % | | 38.1 | % | | 34.6 | % | | 36.6 | % | | 35.4 | % | | Industrial Machinery | 7.9 | % | | 24.7 | % | | 13.9 | % | | 8.0 | % | | 23.0 | % | | 12.8 | % | | Food | 15.5 | % | | 3.1 | % | | 11.1 | % | | 15.2 | % | | 3.9 | % | | 11.5 | % | | Metals | 11.7 | % | | 5.6 | % | | 9.5 | % | | 10.9 | % | | 8.3 | % | | 10.0 | % | | Forest Products | 11.3 | % | | 2.1 | % | | 8.0 | % | | 12.0 | % | | 3.5 | % | | 9.2 | % | | Chem/Petrochem | 2.5 | % | | 11.8 | % | | 5.9 | % | | 2.9 | % | | 17.0 | % | | 7.5 | % | | Cement & Aggregate | 8.2 | % | | 1.4 | % | | 5.8 | % | | 7.9 | % | | 1.6 | % | | 5.9 | % | | Transportation | 3.5 | % | | 4.9 | % | | 4.0 | % | | 3.5 | % | | 4.1 | % | | 3.7 | % | | Oil & Gas | 4.8 | % | | 1.7 | % | | 3.7 | % | | 5.0 | % | | 2.0 | % | | 4.0 | % | | Total | 100.0 | % | | 100.0 | % | | 100.0 | % | | 100.0 | % | | 100.0 | % | | 100.0 | % | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Six Months Ended December 31, | | | 2025 | | 2024 | | Service Center | | Engineered Solutions | | Total | | Service Center | | Engineered Solutions | | Total | | General Industry | 34.4 | % | | 43.3 | % | | 37.5 | % | | 34.8 | % | | 37.8 | % | | 35.8 | % | | Industrial Machinery | 7.9 | % | | 25.1 | % | | 14.0 | % | | 8.0 | % | | 22.8 | % | | 12.7 | % | | Food | 15.7 | % | | 3.0 | % | | 11.2 | % | | 15.3 | % | | 3.5 | % | | 11.5 | % | | Metals | 11.6 | % | | 6.4 | % | | 9.8 | % | | 11.1 | % | | 8.2 | % | | 10.2 | % | | Forest Products | 11.6 | % | | 2.1 | % | | 8.2 | % | | 11.9 | % | | 3.4 | % | | 9.2 | % | | Chem/Petrochem | 2.6 | % | | 11.6 | % | | 5.8 | % | | 2.9 | % | | 16.6 | % | | 7.2 | % | | Cement & Aggregate | 7.9 | % | | 1.3 | % | | 5.6 | % | | 7.6 | % | | 1.4 | % | | 5.7 | % | | Transportation | 3.5 | % | | 5.2 | % | | 4.1 | % | | 3.7 | % | | 4.4 | % | | 3.9 | % | | Oil & Gas | 4.8 | % | | 2.0 | % | | 3.8 | % | | 4.7 | % | | 1.9 | % | | 3.8 | % | | Total | 100.0 | % | | 100.0 | % | | 100.0 | % | | 100.0 | % | | 100.0 | % | | 100.0 | % |
The following tables present the Company’s percentage of revenue by reportable segment and product line for the three and six months ended December 31, 2025 and 2024: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended December 31, | | | 2025 | | 2024 | | Service Center | | Engineered Solutions | | Total | | Service Center | | Engineered Solutions | | Total | | Power Transmission | 38.1 | % | | 8.5 | % | | 27.5 | % | | 38.0 | % | | 10.6 | % | | 29.2 | % | | General MRO & Other | 22.6 | % | | 25.9 | % | | 23.8 | % | | 22.6 | % | | 21.5 | % | | 22.1 | % | | Fluid Power | 14.4 | % | | 35.3 | % | | 21.8 | % | | 14.2 | % | | 32.0 | % | | 20.0 | % | | Bearings, Linear & Seals | 24.9 | % | | 1.5 | % | | 16.6 | % | | 25.2 | % | | 0.4 | % | | 17.2 | % | | Specialty Flow Control | — | % | | 28.8 | % | | 10.3 | % | | — | % | | 35.5 | % | | 11.5 | % | | Total | 100.0 | % | | 100.0 | % | | 100.0 | % | | 100.0 | % | | 100.0 | % | | 100.0 | % |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Six Months Ended December 31, | | | 2025 | | 2024 | | Service Center | | Engineered Solutions | | Total | | Service Center | | Engineered Solutions | | Total | | Power Transmission | 37.8 | % | | 8.5 | % | | 27.5 | % | | 38.0 | % | | 10.8 | % | | 29.4 | % | | General MRO & Other | 22.5 | % | | 25.5 | % | | 23.5 | % | | 22.3 | % | | 19.9 | % | | 21.5 | % | | Fluid Power | 14.3 | % | | 36.5 | % | | 22.1 | % | | 14.1 | % | | 32.9 | % | | 20.0 | % | | Bearings, Linear & Seals | 25.4 | % | | 0.9 | % | | 16.8 | % | | 25.6 | % | | 0.4 | % | | 17.7 | % | | Specialty Flow Control | — | % | | 28.6 | % | | 10.1 | % | | — | % | | 36.0 | % | | 11.4 | % | | Total | 100.0 | % | | 100.0 | % | | 100.0 | % | | 100.0 | % | | 100.0 | % | | 100.0 | % |
|
| Schedule of Contract with Customer, Asset and Liability |
Contract Assets and Liabilities Depending on the terms of the contracts with certain customers, the Company may receive payments from customers before the goods or services are delivered, typically as down payments for products to be delivered in the future. These amounts are recorded as contract liabilities (deferred revenue), as the performance obligations have not yet been satisfied. The Company’s contract assets consist of unbilled amounts resulting from contracts for which revenue is recognized over time using the cost-to-cost method, and for which revenue recognized exceeds the amount billed to the customer. Activity related to contract assets and contract liabilities, which are included in other current assets and other current liabilities on the condensed consolidated balance sheet, is as follows: | | | | | | | | | | | | | | | | December 31, 2025 | June 30, 2025 | $ Change | % Change | | Contract assets | $ | 15,074 | | $ | 11,659 | | $ | 3,415 | | 29.3 | % | | Contract liabilities | 35,297 | | 29,244 | | 6,053 | | 20.7 | % |
The change in balances noted above of the Company's contract assets primarily results from the timing difference between the Company's performance and when the customer is billed. |