Goodwill and Intangibles (Tables)

12 Months Ended

Jun. 30, 2013

Goodwill and Intangible Assets Disclosure [Abstract]

Changes in the carrying amount of goodwill by reportable segment

	Service Center Based Distribution			Fluid Power Businesses		Total
Balance at July 1, 2011	$	76,981				$	76,981
Goodwill acquired during the year	8,403					8,403
Other, primarily currency translation	(2,304		)			(2,304		)
Balance at June 30, 2012	83,080					83,080
Goodwill acquired during the year	23,395			$	929	24,324
Other, primarily currency translation	(555		)	—		(555		)
Balance at June 30, 2013	$	105,920		$	929	$	106,849

Amortization details resulting from business combinations

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

June 30, 2013	Amount		Accumulated Amortization		Net Book Value
Finite-Lived Intangibles:
Customer relationships	$	100,854	$	38,844	$	62,010
Trade names	26,690		8,643		18,047
Vendor relationships	15,433		5,443		9,990
Non-competition agreements	4,743		3,523		1,220
Total Intangibles	$	147,720	$	56,453	$	91,267

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 Name	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. During fiscal year 2013 the Company re-categorized its previously indefinite-lived trade name to finite-lived trade names and as a result began amortizing it.

Schedule of purchase price allocation and associated weighted average life

During 2013, 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	$	16,755	18 years
Trade names	651		5 years
Vendor relationships	2,138		10 years
Non-competition agreements	270		4.5 years
Total Intangibles Acquired	$	19,814	16 years