Business Combinations (Tables)

6 Months Ended

Dec. 31, 2024

Business Combinations [Abstract]

Schedule of Recognized Identified Assets Acquired and Liabilities Assumed

The following table summarizes the assets acquired and liabilities assumed in connection with this acquisition based on their preliminary estimated fair values at the acquisition date, which are subject to adjustment. The purchase accounting will be finalized within one year from the acquisition date.

	Hydradyne Acquisition
Cash and cash equivalents	$	13,373
Accounts receivable	42,852
Inventories	40,672
Other current assets	915
Property, net	7,311
Operating lease assets	49,949
Identifiable intangible assets	125,640
Goodwill	63,861
Other assets	111
Total assets acquired	$	344,684
Accounts payable and accrued liabilities	15,612
Other current liabilities	4,452
Other liabilities	48,529
Net assets acquired	$	276,091

Business Acquisition, Pro Forma Information

The following unaudited pro forma consolidated results of operations are prepared as if the Hydradyne acquisition (including the related acquisition costs) occurred at the beginning of fiscal 2025:

	Three Months Ended				Six Months Ended
	December 31,				December 31,
Pro forma	2024		2023		2024		2023
Sales	$	1,133,758	$	1,146,325	$	2,301,263	$	2,309,715
Net income	95,520		92,944		189,609		186,067
Diluted net income per share	$	2.45	$	2.36	$	4.87	$	4.73