Segment and Geographic Information (Tables)

3 Months Ended

Sep. 30, 2015



Three Months Ended	Service Center Based Distribution		Fluid Power Businesses		Total
September 30, 2015
Net sales	$	528,487	$	113,417	$	641,904
Operating income for reportable segments	29,959		10,283		40,242
Assets used in business	1,175,149		201,111		1,376,260
Depreciation and amortization of property	3,617		313		3,930
Capital expenditures	2,887		225		3,112

September 30, 2014
Net sales	$	575,097	$	127,228	$	702,325
Operating income for reportable segments	37,535		12,933		50,468
Assets used in business	1,251,565		217,354		1,468,919
Depreciation and amortization of property	3,843		368		4,211
Capital expenditures	2,738		362		3,100

Enterprise Resource Planning system (ERP) related assets are included in assets used in business within the Service Center Based Distribution segment.

Reconciliation of operating income for reportable segments to the consolidated income before income taxes

A reconciliation of operating income for reportable segments to the condensed consolidated income before income taxes is as follows:



	Three Months Ended
	September 30,
	2015			2014
Operating income for reportable segments	$	40,242		$	50,468
Adjustment for:
Intangible amortization—Service Center Based Distribution	4,572			4,867
Intangible amortization—Fluid Power Businesses	1,511			1,624
Corporate and other (income) expense, net	(6,867		)	(2,188		)
Total operating income	41,026			46,165
Interest expense, net	2,187			1,662
Other (income) expense, net	1,004			244
Income before income taxes	$	37,835		$	44,259

The change in corporate and other (income) expense, net is due to changes in the amounts and levels of expenses being allocated to the segments. The expenses being allocated include corporate charges for working capital, logistics support and other items.

Net sales are presented in geographic areas

Net sales are presented in geographic areas based on the location of the facility shipping the product and are as follows:



	Three Months Ended
	September 30,
	2015		2014
Geographic Areas:
United States	$	538,369	$	561,559
Canada	66,233		99,181
Other countries	37,302		41,585
Total	$	641,904	$	702,325

Other countries consist of Mexico, Australia and New Zealand