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Segment Information
12 Months Ended
Jun. 30, 2023
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 technology type.

Specialty Technology Solutions Segment

The Specialty Technology Solutions segment includes the Company’s business in mobility and barcode, POS, payments, security and networking technologies. Mobility and barcode solutions include mobile computing, barcode scanners and imagers, radio frequency identification devices, barcode printing and related 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, Software-Defined Wide-Area Network 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:
 Fiscal Year Ended June 30,
 202320222021
 (in thousands)
Sales:
Specialty Technology Solutions$2,331,030 $2,082,321 $1,815,933 
Modern Communications & Cloud1,456,691 1,447,614 1,334,873 
$3,787,721 $3,529,935 $3,150,806 
Depreciation and amortization:
Specialty Technology Solutions$10,838 $11,754 $13,193 
Modern Communications & Cloud14,901 15,110 17,287 
Corporate2,875 3,020 3,027 
$28,614 $29,884 $33,507 
Change in fair value of contingent consideration:
Specialty Technology Solutions$ $— $— 
Modern Communications & Cloud — 516 
$ $— $516 
Operating income:
Specialty Technology Solutions$75,688 $66,686 $29,566 
Modern Communications & Cloud61,658 55,511 43,551 
Corporate(1)
(1,460)(30)(11,634)
$135,886 $122,167 $61,483 
Capital expenditures:
Specialty Technology Solutions$(3,966)$(1,667)$(1,282)
Modern Communications & Cloud(6,013)(5,182)(1,067)
Corporate — (14)
$(9,979)$(6,849)$(2,363)
Sales by Geography Category:
United States$3,443,561 $3,178,829 $2,854,179 
International355,647 356,241 310,075 
Less intercompany sales(11,487)(5,135)(13,448)
$3,787,721 $3,529,935 $3,150,806 

(1) For the year ended June 30, 2023, the amounts shown above include cyberattack restoration costs. For the year ended June 30, 2022, the amounts shown above include divestiture costs. For the year ended June 30, 2021, the amounts shown above include acquisition, divestiture, and restructuring.
June 30, 2023June 30, 2022
 (in thousands)
Assets:
Specialty Technology Solutions$1,104,103 $1,030,538 
Modern Communications & Cloud964,066 906,890 
Corporate — 
$2,068,169 $1,937,428 
Property and equipment, net by Geography Category:
United States$27,323 $32,715 
International10,056 4,762 
$37,379 $37,477