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Segment and Geographic Information (Tables)
12 Months Ended
Jun. 30, 2016
Segment Reporting [Abstract]  
Segment financial information
Segment Financial Information
 
Service Center
Based Distribution

 
Fluid Power
Businesses

 
Total

Year Ended June 30, 2016
 
 
 
 
 
Net sales
$
2,087,041

 
$
432,387

 
$
2,519,428

Operating income for reportable segments
109,491

 
40,794

 
150,285

Assets used in the business
1,124,101

 
188,428

 
1,312,529

Depreciation and amortization of property
14,595

 
1,371

 
15,966

Capital expenditures
12,227

 
903

 
13,130

Year Ended June 30, 2015
 
 
 
 
 
Net sales
$
2,254,768

 
$
496,793

 
$
2,751,561

Operating income for reportable segments
140,421

 
48,535

 
188,956

Assets used in the business
1,228,131

 
204,425

 
1,432,556

Depreciation and amortization of property
15,196

 
1,382

 
16,578

Capital expenditures
13,531

 
1,402

 
14,933

Year Ended June 30, 2014
 
 
 
 
 
Net sales
$
1,973,359

 
$
486,519

 
$
2,459,878

Operating income for reportable segments
118,857

 
44,621

 
163,478

Assets used in the business
1,116,311

 
217,858

 
1,334,169

Depreciation and amortization of property
12,399

 
1,578

 
13,977

Capital expenditures
18,744

 
1,446

 
20,190

Reconciliation of operating income for reportable segments to the consolidated income before income taxes
A reconciliation of operating income for reportable segments to the consolidated income before income taxes
is as follows:
Year Ended June 30,
2016

 
2015

 
2014

Operating income for reportable segments
$
150,285

 
$
188,956

 
$
163,478

Adjustments for:
 
 
 
 
 
Intangible amortization — Service Center Based Distribution
19,595

 
19,561

 
7,336

Intangible amortization — Fluid Power Businesses
5,985

 
6,236

 
6,687

Goodwill Impairment — Service Center Based Distribution
64,794

 

 

Corporate and other income, net
(28,890
)
 
(21,460
)
 
(14,903
)
Total operating income
88,801

 
184,619

 
164,358

Interest expense, net
8,763

 
7,869

 
249

Other expense (income), net
1,060

 
879

 
(2,153
)
Income before income taxes
$
78,978

 
$
175,871

 
$
166,262

Net sales by product category
Net sales by product category are as follows:
Year Ended June 30,
2016

 
2015

 
2014

Industrial
$
1,836,484

 
$
2,013,447

 
$
1,739,496

Fluid power
682,944

 
738,114

 
720,382

Net sales
$
2,519,428

 
$
2,751,561

 
$
2,459,878

Information by geographic area
Information by geographic area is as follows:
Year Ended June 30,
2016

 
2015

 
2014

Net Sales:
 
 
 
 
 
United States
$
2,117,485

 
$
2,238,263

 
$
2,031,142

Canada
257,797

 
358,580

 
291,117

Other Countries
144,146

 
154,718

 
137,619

Total
$
2,519,428

 
$
2,751,561

 
$
2,459,878

June 30,
2016

 
2015

 
2014

Long-Lived Assets:
 
 
 
 
 
United States
$
225,538

 
$
217,597

 
$
153,945

Canada
66,304

 
76,565

 
99,161

Other Countries
7,163

 
9,113

 
9,998

Total
$
299,005

 
$
303,275

 
$
263,104