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Segment Information | 3 Months Ended
--- | ---
Sep. 30, 2024
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 sales model. Specialty Technology Solutions Segment The Specialty Technology Solutions segment operates primarily in the United States, Canada and Brazil and includes specialty technology solutions distributed through a wholesale sales model. The specialty technology solutions include the following: •Mobility and barcode solutions - mobile computing, barcode scanners and imagers, radio frequency identification devices, barcode printing and related services, wireless enablement and connectivity tools; •POS and payments solutions - POS systems, integrated POS software platforms, self-service kiosks including self-checkout, payment terminals and mobile payment devices; •Security solutions - video surveillance and analytics, video management software and access control; •Networking solutions - switching, routing and wireless products and software; and •Communications and collaboration solutions - voice, video, communication platform integration and contact center solutions. Intelisys & Advisory Segment The Intelisys & Advisory segment operates primarily in the United States and distributes connectivity and cloud services through an agency sales model. The connectivity and cloud services include 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. Selected financial information for each business segment is presented below:
| Quarter ended |  |  |  |
| September 30, |  |  |  |
| 2024 |  | 2023 |  |  |  |  |  |
| (in thousands) |  |
Sales: |  |  |  |  |  |  |  |  |
Specialty Technology Solutions | $ | 752,299 |  |  | $ | 853,950 |  |  |  |  |  |  |
Intelisys & Advisory | 23,281 |  |  | 22,355 |  |  |  |  |  |  |
| $ | 775,580 |  |  | $ | 876,305 |  |  |  |  |  |  |
Depreciation and amortization: |  |  |  |  |  |  |  |  |
Specialty Technology Solutions | $ | 4,626 |  |  | $ | 4,544 |  |  |  |  |  |  |
Intelisys & Advisory | 2,125 |  |  | 1,954 |  |  |  |  |  |  |
Corporate | 720 |  |  | 720 |  |  |  |  |  |  |
| $ | 7,471 |  |  | $ | 7,218 |  |  |  |  |  |  |
Operating income (loss): |  |  |  |  |  |  |  |  |
Specialty Technology Solutions | $ | 16,738 |  |  | $ | 17,636 |  |  |  |  |  |  |
Intelisys & Advisory | 6,413 |  |  | 6,649 |  |  |  |  |  |  |
Corporate (a) | (5,521) |  |  | (201) |  |  |  |  |  |  |
| $ | 17,630 |  |  | $ | 24,084 |  |  |  |  |  |  |
Capital expenditures: |  |  |  |  |  |  |  |  |
Specialty Technology Solutions | $ | (2,228) |  |  | $ | (2,297) |  |  |  |  |  |  |
Intelisys & Advisory | (147) |  |  | (18) |  |  |  |  |  |  |
| $ | (2,375) |  |  | $ | (2,315) |  |  |  |  |  |  |
Sales by Geography Category: |  |  |  |  |  |  |  |  |
United States and Canada | $ | 715,989 |  |  | $ | 792,464 |  |  |  |  |  |  |
Brazil(b) | 63,561 |  |  | 85,305 |  |  |  |  |  |  |
Less intercompany sales | (3,970) |  |  | (1,464) |  |  |  |  |  |  |
| $ | 775,580 |  |  | $ | 876,305 |  |  |  |  |  |  |
(a) For the quarter ended September 30, 2024, the amounts shown above include restructuring expense, acquisition and divestiture expenses as well as cyberattack restoration costs. For the quarter ended September 30, 2023, the amounts above include cyberattack restoration costs. |  |
(b) Countries outside of Brazil represent $0.1 million, or 0.2% of sales, for the quarter ended September 30, 2024 and $2.4 million, or 2.8% of sales, for the quarter ended September 30, 2023. |  |
| September 30, 2024 |  | June 30, 2024
| (in thousands)
Assets: |  |  |
Specialty Technology Solutions | $ | 1,563,728 |  |  | $ | 1,499,146 |
Intelisys & Advisory | 222,781 |  |  | 279,886 |
| $ | 1,786,509 |  |  | $ | 1,779,032 |
Property and equipment, net by Geography Category: |  |  |
United States and Canada | $ | 19,836 |  |  | $ | 21,613 |
Brazil | 13,104 |  |  | 11,888 |
| $ | 32,940 |  |  | $ | 33,501 |

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- Definition The entire disclosure for reporting segments including data and tables. 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