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Segment Information
9 Months Ended
Mar. 31, 2025
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 in the United States, Canada and Brazil and includes specialty technology solutions distributed through a wholesale sales model. This segment includes hardware, SAAS and subscription services. 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;
Point-of-Sale "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.
Connectivity - managed connectivity and wireless enablement solutions.

Intelisys & Advisory Segment

The Intelisys & Advisory segment operates 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 endedNine months ended
 March 31,March 31,
 2025202420252024
 (in thousands)
Sales:
Specialty Technology Solutions$678,433 $729,834 $2,154,009 $2,445,298 
Intelisys & Advisory26,414 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 & Advisory2,227 2,065 6,650 5,977 
Corporate248 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 & Advisory810 — 1,480 — 
$904 $— $2,047 $— 
Operating income (loss):
Specialty Technology Solutions$14,294 $14,580 $45,110 $51,914 
Intelisys & Advisory8,320 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.
March 31, 2025June 30, 2024
 (in thousands)
Assets:
Specialty Technology Solutions$1,497,108 $1,499,146 
Intelisys & Advisory228,100 279,886 
$1,725,208 $1,779,032 
Property and equipment, net by Geography Category:
United States and Canada$16,246 $21,613 
Brazil13,751 11,888 
$29,997 $33,501