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Segment Information
6 Months Ended
Dec. 31, 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:
Quarter endedSix months ended
 December 31,December 31,
 2023202220232022
 (in thousands)
Sales:
Specialty Technology Solutions$520,651 $627,548 $1,030,222 $1,203,878 
Modern Communications & Cloud364,141 383,693 730,876 751,176 
$884,792 $1,011,241 $1,761,098 $1,955,054 
Depreciation and amortization:
Specialty Technology Solutions$2,897 $2,758 $5,654 $5,462 
Modern Communications & Cloud3,593 3,738 7,334 7,385 
Corporate768 561 1,487 1,438 
$7,258 $7,057 $14,475 $14,285 
Operating income (loss):
Specialty Technology Solutions$13,368 $19,682 $25,240 $41,534 
Modern Communications & Cloud14,602 19,750 27,014 32,785 
Corporate(1,144)— (1,343)— 
$26,826 $39,432 $50,911 $74,319 
Capital expenditures:
Specialty Technology Solutions$(304)$(524)$(1,565)$(1,026)
Modern Communications & Cloud(2,246)(1,980)(3,300)(3,236)
$(2,550)$(2,504)$(4,865)$(4,262)
Sales by Geography Category:
United States and Canada$797,580 $911,033 $1,590,045 $1,772,637 
International89,410 102,020 174,714 186,294 
Less intercompany sales(2,198)(1,812)(3,661)(3,877)
$884,792 $1,011,241 $1,761,098 $1,955,054 

December 31, 2023June 30, 2023
 (in thousands)
Assets:
Specialty Technology Solutions$908,674 $1,104,103 
Modern Communications & Cloud872,131 964,066 
Corporate — 
$1,780,805 $2,068,169 
Property and equipment, net by Geography Category:
United States and Canada$24,703 $27,323 
International11,843 10,056 
$36,546 $37,379