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Segment Information
 6 Months Ended
Dec. 31, 2021
Segment Reporting, Measurement Disclosures [Abstract]  
Segment Information Segment Information
The Company is a leading provider of technology solutions and services to customers in specialty technology markets. The Company has two reportable segments, based on product and customer type.

Specialty Technology Solutions Segment

The Specialty Technology Solutions segment includes the Company’s business in automatic identification and data capture (“AIDC”), point of sale (“POS”), payments, security, and networking technologies. AIDC solutions include mobile computing, barcode scanners and imagers, radio frequency identification devices (“RFID”), barcode printing, and services. POS and payments solutions include POS systems, integrated POS software platforms, self-service kiosks including self-checkout, payment terminals, and mobile payment devices. Security solutions include video surveillance and analytics, video management software, and access control. Networking solutions include switching, routing, and wireless products and software. The Company has business operations within this segment in the United States, Canada, and Brazil.

Modern Communications & Cloud Segment

The Modern Communications & Cloud segment includes the Company’s business in communications and collaboration, connectivity, and cloud services. Communications and collaboration solutions, delivered in the cloud, on-premise, or hybrid, include voice, video, integration of communication platforms, and contact center solutions. The Intelisys connectivity and cloud marketplace offers telecom, cable, Unified Communications as a Service (“UCaaS”), Contact Center as a Service (“CCaaS”), Infrastructure as a Service (“IaaS”), Software-Defined Wide-Area Network (“SD-WAN”), and other cloud services. This segment includes SaaS and subscription services, which the Company offers using digital tools and platforms. The Company has business operations within this segment in the United States, Canada, Brazil and the UK.

Selected financial information for each business segment is presented below:
Quarter endedSix months ended
 December 31,December 31,
 2021202020212020
 (in thousands)
Sales:
Specialty Technology Solutions$496,920 $455,248 $998,630 $864,026 
Modern Communications & Cloud367,431 355,649 723,032 704,212 
$864,351 $810,897 $1,721,662 $1,568,238 
Depreciation and amortization:
Specialty Technology Solutions$2,897 $3,308 $5,867 $6,854 
Modern Communications & Cloud3,613 4,246 7,574 8,616 
Corporate719 794 1,438 1,589 
$7,229 $8,348 $14,879 $17,059 
Change in fair value of contingent consideration:
Modern Communications & Cloud— — — 516 
$— $— $— $516 
Operating income (loss):
Specialty Technology Solutions$16,551 $7,161 $30,655 $8,845 
Modern Communications & Cloud14,894 11,813 31,201 20,529 
Corporate(1)
53 (1,844)(30)(10,610)
$31,498 $17,130 $61,826 $18,764 
Capital expenditures:
Specialty Technology Solutions$(318)$(281)$(435)$(564)
Modern Communications & Cloud(1,236)(425)(2,210)(890)
$(1,554)$(706)$(2,645)$(1,454)
Sales by Geography Category:
United States and Canada$774,573 $723,522 $1,546,215 $1,414,603 
International90,419 90,893 178,231 164,631 
Less intercompany sales(641)(3,518)(2,784)(10,996)
$864,351 $810,897 $1,721,662 $1,568,238 
(1) For the quarter and six months ended December 31, 2021, the amounts shown above include divestiture costs. For the quarter and six months ended December 31, 2020, the amounts shown above include restructuring and divestiture costs.

December 31, 2021June 30, 2021
 (in thousands)
Assets:
Specialty Technology Solutions$867,909 $775,704 
Modern Communications & Cloud892,086 868,752 
Corporate10,875 27,228 
$1,770,870 $1,671,684 
Property and equipment, net by Geography Category:
United States and Canada$35,480 $39,930 
International3,759 2,906 
$39,239 $42,836