Goodwill and Intangibles (Tables)

9 Months Ended

Mar. 31, 2024

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 Engineered Solutions segment for the fiscal year ended June 30, 2023 and the nine month period ended March 31, 2024 are as follows:

	Service Center Based Distribution		Engineered Solutions		Total
Balance at June 30, 2022	$	211,010	$	352,195	$	563,205
Goodwill acquired during the period	—		14,517		14,517
Other, primarily currency translation	221		475		696
Balance at June 30, 2023	$	211,231	$	367,187	$	578,418
Goodwill acquired during the period	9,489		1,249		10,738
Other, primarily currency translation	(443)		—		(443)
Balance at March 31, 2024	$	220,277	$	368,436	$	588,713

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:

March 31, 2024	Amount		Accumulated Amortization		Net Book Value
Finite-Lived Identifiable Intangibles:
Customer relationships	$	366,617	$	199,849	$	166,768
Trade names	85,587		33,406		52,181
Other	3,446		1,555		1,891
Total Identifiable Intangibles	$	455,650	$	234,810	$	220,840

June 30, 2023	Amount		Accumulated Amortization		Net Book Value
Finite-Lived Identifiable Intangibles:
Customer relationships	$	364,572	$	188,804	$	175,768
Trade names	108,301		50,823		57,478
Vendor relationships	9,861		9,744		117
Other	3,347		1,161		2,186
Total Identifiable Intangibles	$	486,081	$	250,532	$	235,549

Fully amortized amounts are written off.

Schedule of Acquired Finite-Lived Intangible Assets by Major Class

During the nine month period ended March 31, 2024, the Company acquired identifiable intangible assets with a preliminary acquisition cost allocation and weighted-average life as follows:

	Acquisition Cost Allocation		Weighted-Average life
Customer relationships	$	7,541	20.0
Trade names	530		3.0
Other	100		5.0
Total Identifiable Intangibles	$	8,171	18.7