XML 59 R35.htm IDEA: XBRL DOCUMENT
v3.24.4

Segment Information (Tables) | 6 Months Ended
--- | ---
Dec. 31, 2024
Segment Reporting, Measurement Disclosures [Abstract] |
Schedule of Financial Information by Segment | Selected financial information for each business segment is presented below:
| Quarter ended |  | Six months ended |  |
| December 31, |  | December 31, |  |
| 2024 |  | 2023 |  | 2024 |  | 2023 |  |
| (in thousands) |  |
Sales: |  |  |  |  |  |  |  |  |
Specialty Technology Solutions | $ | 723,277 |  |  | $ | 861,514 |  |  | $ | 1,475,576 |  |  | $ | 1,715,464 |  |  |
Intelisys & Advisory | 24,220 |  |  | 23,278 |  |  | 47,501 |  |  | 45,634 |  |  |
| $ | 747,497 |  |  | $ | 884,792 |  |  | $ | 1,523,077 |  |  | $ | 1,761,098 |  |  |
Depreciation and amortization: |  |  |  |  |  |  |  |  |
Specialty Technology Solutions | $ | 5,116 |  |  | $ | 4,532 |  |  | $ | 9,742 |  |  | $ | 9,076 |  |  |
Intelisys & Advisory | 2,296 |  |  | 1,958 |  |  | 4,423 |  |  | 3,912 |  |  |
Corporate | 719 |  |  | 768 |  |  | 1,438 |  |  | 1,487 |  |  |
| $ | 8,131 |  |  | $ | 7,258 |  |  | $ | 15,603 |  |  | $ | 14,475 |  |  |
Operating income (loss): |  |  |  |  |  |  |  |  |
Specialty Technology Solutions | $ | 14,077 |  |  | $ | 19,696 |  |  | $ | 30,816 |  |  | $ | 37,333 |  |  |
Intelisys & Advisory | 6,440 |  |  | 8,274 |  |  | 12,853 |  |  | 14,921 |  |  |
Corporate (a) | (2,073) |  |  | (1,144) |  |  | (7,595) |  |  | (1,343) |  |  |
| $ | 18,444 |  |  | $ | 26,826 |  |  | $ | 36,074 |  |  | $ | 50,911 |  |  |
Capital expenditures: |  |  |  |  |  |  |  |  |
Specialty Technology Solutions | $ | (1,865) |  |  | $ | (2,539) |  |  | $ | (4,093) |  |  | $ | (4,836) |  |  |
Intelisys & Advisory | (109) |  |  | (10) |  |  | (255) |  |  | (29) |  |  |
| $ | (1,974) |  |  | $ | (2,549) |  |  | $ | (4,348) |  |  | $ | (4,865) |  |  |
Sales by Geography Category: |  |  |  |  |  |  |  |  |
United States and Canada | $ | 689,882 |  |  | $ | 797,580 |  |  | $ | 1,405,871 |  |  | $ | 1,590,046 |  |  |
Brazil(b) | 60,386 |  |  | 89,410 |  |  | 123,947 |  |  | 174,714 |  |  |
Less intercompany sales | (2,771) |  |  | (2,198) |  |  | (6,741) |  |  | (3,662) |  |  |
| $ | 747,497 |  |  | $ | 884,792 |  |  | $ | 1,523,077 |  |  | $ | 1,761,098 |  |  |
(a) For the quarter and six months ended December 31, 2024, the amounts shown above include restructuring expense, acquisition and divestiture, cyberattack restoration costs as well as legal settlement. For the quarter and six months ended December 31, 2023, the amounts above include acquisition and divestiture costs as well as cyberattack restoration costs. |  |
(b) Countries outside of Brazil represent $0.1 million, or 0.2% of sales, and $0.2 million or 0.2% of sales, for the quarter and six months ended December 31, 2024. Countries outside of Brazil represent $1.8 million, or 2.0% of sales, and $4.2 million, or 2.4% of sales, for the quarter and six months ended December 31, 2023. |  |
Schedule of Reconciliation of Assets from Segment to Consolidated |
| December 31, 2024 |  | June 30, 2024
| (in thousands)
Assets: |  |  |
Specialty Technology Solutions | $ | 1,483,989 |  |  | $ | 1,499,146 |
Intelisys & Advisory | 218,540 |  |  | 279,886 |
| $ | 1,702,529 |  |  | $ | 1,779,032 |
Property and equipment, net by Geography Category: |  |  |
United States and Canada | $ | 17,899 |  |  | $ | 21,613 |
Brazil | 12,253 |  |  | 11,888 |
| $ | 30,152 |  |  | $ | 33,501 |

X
- Definition Tabular disclosure of all significant reconciling items in the reconciliation of total assets from reportable segments to the entity's consolidated assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-31 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-30 + Details
Name: | us-gaap_ReconciliationOfAssetsFromSegmentToConsolidatedTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-25 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-22 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-30 + Details
Name: | us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_SegmentReportingMeasurementDisclosuresAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration