Segment and Geographic Information (Tables)

12 Months Ended

Jun. 30, 2018

Segment Financial Information



	Service Center Based Distribution		Fluid Power & Flow Control		Total
Year Ended June 30, 2018
Net sales	$	2,346,418	$	726,856	$	3,073,274
Operating income for reportable segments	136,718		83,194		219,912
Assets used in the business	1,198,296		1,087,445		2,285,741
Depreciation and amortization of property	15,336		2,462		17,798
Capital expenditures	18,492		4,738		23,230
Year Ended June 30, 2017
Net sales	$	2,180,358	$	413,388	$	2,593,746
Operating income for reportable segments	115,794		46,569		162,363
Assets used in the business	1,187,054		200,541		1,387,595
Depreciation and amortization of property	14,375		931		15,306
Capital expenditures	14,566		2,479		17,045
Year Ended June 30, 2016
Net sales	$	2,150,478	$	368,950	$	2,519,428
Operating income for reportable segments	113,111		37,174		150,285
Assets used in the business	1,132,222		179,803		1,312,025
Depreciation and amortization of property	15,049		917		15,966
Capital expenditures	12,500		630		13,130

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



Year Ended June 30,	2018			2017			2016
Operating income for reportable segments	$	219,912		$	162,363		$	150,285
Adjustments for:
Intangible amortization — Service Center Based Distribution	17,375			18,954			19,913
Intangible amortization — Fluid Power & Flow Control	14,690			5,417			5,667
Goodwill Impairment — Service Center Based Distribution	—			—			64,794
Corporate and other income, net	(37,980		)	(37,394		)	(29,871		)
Total operating income	225,827			175,386			89,782
Interest expense, net	23,485			8,541			8,763
Other (income) expense, net	(2,376		)	(121		)	2,041
Income before income taxes	$	204,718		$	166,966		$	78,978

Net sales by product category are as follows:

Information by geographic area is as follows: