Goodwill and Intangibles (Tables)

6 Months Ended

Dec. 31, 2012

Goodwill and Intangible Assets Disclosure [Abstract]

Changes in the carrying amount of goodwill by reportable segment

The changes in the carrying amount of goodwill for both the Service Center Based Distribution segment and the Fluid Power Businesses segment for the six month period ended December 31, 2012 are as follows:

	Service Centers		Fluid Power		Total
Balance at July 1, 2012	$	83,080	$	—	$	83,080
Goodwill acquired during the period	19,814		825		20,639
Other, primarily currency translation	1,307				1,307
Balance at December 31, 2012	$	104,201	$	825	$	105,026

At December 31, 2012, accumulated goodwill impairment losses, subsequent to fiscal year 2002, totaled $36,605 and related to the Fluid Power Businesses segment.

Schedule of Intangible Assets

The Company’s intangible assets resulting from business combinations are amortized over their estimated period of benefit and consist of the following:

December 31, 2012	Amount		Accumulated Amortization		Net Book Value
Finite-Lived Intangibles:
Customer relationships	$	103,635	$	34,380	$	69,255
Trade names	26,324		8,537		17,787
Vendor relationships	15,696		4,930		10,766
Non-competition agreements	5,146		3,330		1,816
Total Finite-Lived Intangibles	150,801		51,177		99,624
Indefinite-Lived Trade Names	1,290				1,290
Total Intangibles	$	152,091	$	51,177	$	100,914

June 30, 2012	Amount		Accumulated Amortization		Net Book Value
Finite-Lived Intangibles:
Customer relationships	$	84,249	$	29,905	$	54,344
Trade names	25,677		7,428		18,249
Vendor relationships	13,605		4,500		9,105
Non-competition agreements	4,740		2,888		1,852
Total Finite-Lived Intangibles	128,271		44,721		83,550
Indefinite-Lived Trade Names	1,290				1,290
Total Intangibles	$	129,561	$	44,721	$	84,840

Amounts include the impact of foreign currency translation. Fully amortized amounts are written off.

Schedule of Acquired Finite-Lived Intangible Assets by Major Class [Table Text Block]

During the six month period ended December 31, 2012, the Company acquired intangible assets with a preliminary acquisition cost allocation and weighted-average life as follows:

	Acquisition Cost Allocation		Weighted-Average Life
Customer relationships	$	18,411	16 years
Trade names	458		9 years
Vendor relationships	2,138		10 years
Non-competition agreements	388		5 years
Total Intangibles Acquired	$	21,395	15 years