Goodwill and Intangibles (Tables)

6 Months Ended

Dec. 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, 2024 and the six month period ended December 31, 2024 are as follows:

	Service Center Based Distribution		Engineered Solutions		Total
Balance at June 30, 2023	$	211,231	$	367,187	$	578,418
Goodwill acquired during the period	9,712		32,634		42,346
Other, primarily currency translation	(1,369)		—		(1,369)
Balance at June 30, 2024	$	219,574	$	399,821	$	619,395
Goodwill acquired during the period	2,827		65,902		68,729
Other, primarily currency translation	(1,976)		—		(1,976)
Balance at December 31, 2024	$	220,425	$	465,723	$	686,148

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:

December 31, 2024	Amount		Accumulated Amortization		Net Book Value
Finite-Lived Identifiable Intangibles:
Customer relationships	$	502,751	$	216,393	$	286,358
Trade names	107,549		37,910		69,639
Other	6,802		2,051		4,751
Total Identifiable Intangibles	$	617,102	$	256,354	$	360,748

June 30, 2024	Amount		Accumulated Amortization		Net Book Value
Finite-Lived Identifiable Intangibles:
Customer relationships	$	394,114	$	205,422	$	188,692
Trade names	88,848		34,891		53,957
Other	4,946		1,725		3,221
Total Identifiable Intangibles	$	487,908	$	242,038	$	245,870

Fully amortized amounts are written off.

Schedule of Acquired Finite-Lived Intangible Assets by Major Class

During the six month period ended December 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	$	109,438	20.0
Trade names	18,720		15.0
Other	1,945		13.9
Total Identifiable Intangibles	$	130,103	19.2