Goodwill and Intangibles (Tables)

3 Months Ended

Sep. 30, 2016

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 fiscal year ended June 30, 2016 and the three month period ended September 30, 2016 are as follows:

	Service Centers			Fluid Power		Total
Balance at July 1, 2015	$	253,477		$	929	$	254,406
Goodwill acquired during the period	18,683			3,285		21,968
Impairment	(64,794		)	—		(64,794		)
Other, primarily currency translation	(8,880		)	—		(8,880		)
Balance at June 30, 2016	$	198,486		$	4,214	$	202,700
Goodwill added during the period	3,220			—		3,220
Other, primarily currency translation	(383		)	—		(383		)
Balance at September 30, 2016	$	201,323		$	4,214	$	205,537

Schedule of Intangible Assets

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

September 30, 2016	Amount		Accumulated Amortization		Net Book Value
Finite-Lived Identifiable Intangibles:
Customer relationships	$	236,054	$	89,314	$	146,740
Trade names	43,738		16,858		26,880
Vendor relationships	14,000		8,207		5,793
Non-competition agreements	4,658		2,606		2,052
Total Identifiable Intangibles	$	298,450	$	116,985	$	181,465

June 30, 2016	Amount		Accumulated Amortization		Net Book Value
Finite-Lived Identifiable Intangibles:
Customer relationships	$	239,132	$	84,566	$	154,566
Trade names	44,430		16,099		28,331
Vendor relationships	14,042		8,003		6,039
Non-competition agreements	4,700		2,396		2,304
Total Identifiable Intangibles	$	302,304	$	111,064	$	191,240

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