Goodwill and Intangibles (Tables)

12 Months Ended

Jun. 30, 2020

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Goodwill [Table Text Block]

The changes in the carrying amount of goodwill for both the Service Center Based Distribution segment and the Fluid Power & Flow Control segment for the years ended June 30, 2020 and 2019 are as follows:

	Service Center Based Distribution			Fluid Power & Flow Control			Total
Balance at July 1, 2018	$	203,084		$	443,559		$	646,643
Goodwill acquired during the year	9,943			4,798			14,741
Other, primarily currency translation	607			—			607
Balance at June 30, 2019	213,634			448,357			661,991
Goodwill adjusted/acquired during the year	(3,393		)	14,667			11,274
Impairment	—			(131,000		)	(131,000		)
Other, primarily currency translation	(1,671		)	—			(1,671		)
Balance at June 30, 2020	$	208,570		$	332,024		$	540,594

Schedule of Finite-Lived Intangible Assets [Table Text Block]

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

June 30, 2020	Amount		Accumulated Amortization		Net Book Value
Finite-Lived Intangibles:
Customer relationships	$	426,017	$	162,965	$	263,052
Trade names	111,453		34,815		76,638
Vendor relationships	11,329		8,934		2,395
Other	2,078		948		1,130
Total Intangibles	$	550,877	$	207,662	$	343,215

June 30, 2019	Amount		Accumulated Amortization		Net Book Value
Finite-Lived Intangibles:
Customer relationships	$	422,367	$	135,879	$	286,488
Trade names	105,946		27,232		78,714
Vendor relationships	11,367		8,156		3,211
Other	2,702		2,249		453
Total Intangibles	$	542,382	$	173,516	$	368,866

Schedule of Acquired Finite-Lived Intangible Assets by Major Class [Table Text Block]

During fiscal 2020, the Company acquired identifiable intangible assets with an acquisition cost allocation and weighted-average life as follows:

	Acquisition Cost Allocation		Weighted-Average Life
Customer relationships	$	7,160	20.0
Trade names	4,260		15.0
Other	980		6.8
Total Intangibles Acquired	$	12,400	17.2