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v3.25.1

Segment Information (Tables) | 9 Months Ended
--- | ---
Mar. 31, 2025
Segment Reporting, Measurement Disclosures [Abstract] |
Schedule of Financial Information by Segment | Selected financial information for each business segment is presented below:
| Quarter ended |  | Nine months ended |  |
| March 31, |  | March 31, |  |
| 2025 |  | 2024 |  | 2025 |  | 2024 |  |
| (in thousands) |  |
Sales: |  |  |  |  |  |  |  |  |
Specialty Technology Solutions | $ | 678,433 |  |  | $ | 729,834 |  |  | $ | 2,154,009 |  |  | $ | 2,445,298 |  |  |
Intelisys & Advisory | 26,414 |  |  | 22,765 |  |  | 73,915 |  |  | 68,398 |  |  |
| $ | 704,847 |  |  | $ | 752,599 |  |  | $ | 2,227,924 |  |  | $ | 2,513,696 |  |  |
Depreciation and amortization: |  |  |  |  |  |  |  |  |
Specialty Technology Solutions | $ | 5,016 |  |  | $ | 3,958 |  |  | $ | 14,759 |  |  | $ | 13,034 |  |  |
Intelisys & Advisory | 2,227 |  |  | 2,065 |  |  | 6,650 |  |  | 5,977 |  |  |
Corporate | 248 |  |  | 719 |  |  | 1,686 |  |  | 2,206 |  |  |
| $ | 7,491 |  |  | $ | 6,742 |  |  | $ | 23,095 |  |  | $ | 21,217 |  |  |
Change in fair value of contingent consideration: |  |  |  |  |  |  |  |  |
Specialty Technology Solutions | $ | 94 |  |  | $ | — |  |  | $ | 567 |  |  | $ | — |  |  |
Intelisys & Advisory | 810 |  |  | — |  |  | 1,480 |  |  | — |  |  |
| $ | 904 |  |  | $ | — |  |  | $ | 2,047 |  |  | $ | — |  |  |
Operating income (loss): |  |  |  |  |  |  |  |  |
Specialty Technology Solutions | $ | 14,294 |  |  | $ | 14,580 |  |  | $ | 45,110 |  |  | $ | 51,914 |  |  |
Intelisys & Advisory | 8,320 |  |  | 7,489 |  |  | 21,173 |  |  | 22,411 |  |  |
Corporate (a) | (275) |  |  | (4,527) |  |  | (7,870) |  |  | (5,871) |  |  |
| $ | 22,339 |  |  | $ | 17,542 |  |  | $ | 58,413 |  |  | $ | 68,454 |  |  |
Capital expenditures: |  |  |  |  |  |  |  |  |
Specialty Technology Solutions | $ | (1,329) |  |  | $ | (2,384) |  |  | $ | (5,423) |  |  | $ | (7,220) |  |  |
Intelisys & Advisory | (91) |  |  | (36) |  |  | (346) |  |  | (65) |  |  |
| $ | (1,420) |  |  | $ | (2,420) |  |  | $ | (5,769) |  |  | $ | (7,285) |  |  |
Sales by Geography Category: |  |  |  |  |  |  |  |  |
United States and Canada | $ | 657,598 |  |  | $ | 672,662 |  |  | $ | 2,063,467 |  |  | $ | 2,262,707 |  |  |
Brazil(b) | 47,883 |  |  | 81,353 |  |  | 171,830 |  |  | 256,067 |  |  |
Less intercompany sales | (634) |  |  | (1,416) |  |  | (7,373) |  |  | (5,078) |  |  |
| $ | 704,847 |  |  | $ | 752,599 |  |  | $ | 2,227,924 |  |  | $ | 2,513,696 |  |  |
(a) For the quarter and nine months ended March 31, 2025, the amounts shown above include restructuring expense, acquisition and divestiture, cyberattack restoration costs as well as legal settlement. For the quarter and nine months ended March 31, 2024, 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 $0.3 million or 0.2% of sales, for the quarter and nine months ended March 31, 2025. Countries outside of Brazil represent $0.1 million, or 0.2% of sales, and $4.3 million, or 1.7% of sales, for the quarter and nine months ended March 31, 2024. |  |
Schedule of Reconciliation of Assets from Segment to Consolidated |
| March 31, 2025 |  | June 30, 2024
| (in thousands)
Assets: |  |  |
Specialty Technology Solutions | $ | 1,497,108 |  |  | $ | 1,499,146 |
Intelisys & Advisory | 228,100 |  |  | 279,886 |
| $ | 1,725,208 |  |  | $ | 1,779,032 |
Property and equipment, net by Geography Category: |  |  |
United States and Canada | $ | 16,246 |  |  | $ | 21,613 |
Brazil | 13,751 |  |  | 11,888 |
| $ | 29,997 |  |  | $ | 33,501 |

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