Revenue Recognition Revenue Recognition (Tables)

9 Months Ended

Mar. 31, 2025

Revenue from Contract with Customer [Abstract]

Revenue from External Customers by Geographic Areas [Table Text Block]

The following tables present the Company's net sales by reportable segment and by geographic areas based on the location of the facility shipping the product for the three and nine months ended March 31, 2025 and 2024. Other countries consist of Mexico, Australia, New Zealand, Singapore, and Costa Rica.

	Three Months Ended March 31,
	2025						2024
	Service Center Based Distribution		Engineered Solutions		Total		Service Center Based Distribution		Engineered Solutions		Total
Geographic Areas:
United States	$	643,479	$	388,804	$	1,032,283	$	666,170	$	350,997	$	1,017,167
Canada	71,555		—		71,555		73,388		—		73,388
Other countries	46,568		16,343		62,911		49,798		6,037		55,835
Total	$	761,602	$	405,147	$	1,166,749	$	789,356	$	357,034	$	1,146,390

	Nine Months Ended March 31,
	2025						2024
	Service Center Based Distribution		Engineered Solutions		Total		Service Center Based Distribution		Engineered Solutions		Total
Geographic Areas:
United States	$	1,868,962	$	1,050,103	$	2,919,065	$	1,885,915	$	1,035,262	$	2,921,177
Canada	220,808		—		220,808		225,858		—		225,858
Other countries	145,398		53,423		198,821		153,389		18,307		171,696
Total	$	2,235,168	$	1,103,526	$	3,338,694	$	2,265,162	$	1,053,569	$	3,318,731

Disaggregation of Revenue [Table Text Block]

The following tables present the Company’s percentage of revenue by reportable segment and major customer industry for the three and nine months ended March 31, 2025 and 2024:

	Three Months Ended March 31,
	2025						2024
	Service Center Based Distribution		Engineered Solutions		Total		Service Center Based Distribution		Engineered Solutions		Total
General Industry	33.8	%	41.5	%	36.6	%	35.6	%	40.7	%	37.2	%
Industrial Machinery	8.7	%	24.3	%	14.1	%	6.8	%	24.3	%	12.2	%
Food	15.5	%	2.9	%	11.1	%	17.3	%	2.5	%	12.7	%
Metals	11.1	%	6.5	%	9.5	%	11.4	%	7.4	%	10.2	%
Forest Products	12.5	%	3.1	%	9.2	%	11.7	%	3.1	%	9.0	%
Chem/Petrochem	2.7	%	13.1	%	6.3	%	2.6	%	15.4	%	6.6	%
Cement & Aggregate	7.2	%	1.3	%	5.1	%	6.7	%	1.1	%	5.0	%
Transportation	3.5	%	5.4	%	4.2	%	3.5	%	3.6	%	3.5	%
Oil & Gas	5.0	%	1.9	%	3.9	%	4.4	%	1.9	%	3.6	%
Total	100.0	%	100.0	%	100.0	%	100.0	%	100.0	%	100.0	%

	Nine Months Ended March 31,
	2025						2024
	Service Center Based Distribution		Engineered Solutions		Total		Service Center Based Distribution		Engineered Solutions		Total
General Industry	34.5	%	39.1	%	36.1	%	34.9	%	39.5	%	36.3	%
Industrial Machinery	8.3	%	23.4	%	13.2	%	8.2	%	24.8	%	13.5	%
Food	15.3	%	3.3	%	11.4	%	15.0	%	2.6	%	11.1	%
Metals	11.1	%	7.6	%	9.9	%	11.0	%	7.7	%	10.0	%
Forest Products	12.1	%	3.2	%	9.2	%	12.0	%	3.2	%	9.2	%
Chem/Petrochem	2.8	%	15.3	%	6.9	%	2.7	%	15.7	%	6.8	%
Cement & Aggregate	7.5	%	1.4	%	5.5	%	7.3	%	1.2	%	5.4	%
Transportation	3.6	%	4.8	%	4.0	%	3.6	%	3.6	%	3.6	%
Oil & Gas	4.8	%	1.9	%	3.8	%	5.3	%	1.7	%	4.1	%
Total	100.0	%	100.0	%	100.0	%	100.0	%	100.0	%	100.0	%

The following tables present the Company’s percentage of revenue by reportable segment and product line for the three and nine months ended March 31, 2025 and 2024:

	Three Months Ended March 31,
	2025						2024
	Service Center Based Distribution		Engineered Solutions		Total		Service Center Based Distribution		Engineered Solutions		Total
Power Transmission	36.7	%	9.3	%	27.2	%	37.3	%	11.6	%	29.3	%
General MRO & Other	22.6	%	24.0	%	23.1	%	22.0	%	17.1	%	20.4	%
Fluid Power	14.7	%	36.7	%	22.3	%	14.2	%	36.0	%	21.0	%
Bearings, Linear & Seals	26.0	%	0.3	%	17.1	%	26.5	%	0.4	%	18.4	%
Specialty Flow Control	—	%	29.7	%	10.3	%	—	%	34.9	%	10.9	%
Total	100.0	%	100.0	%	100.0	%	100.0	%	100.0	%	100.0	%

	Nine Months Ended March 31,
	2025						2024
	Service Center Based Distribution		Engineered Solutions		Total		Service Center Based Distribution		Engineered Solutions		Total
Power Transmission	37.6	%	10.3	%	28.7	%	37.8	%	11.4	%	29.4	%
General MRO & Other	22.3	%	21.3	%	22.0	%	21.9	%	17.1	%	20.4	%
Fluid Power	14.3	%	34.3	%	20.8	%	14.1	%	36.8	%	21.3	%
Bearings, Linear & Seals	25.8	%	0.4	%	17.5	%	26.2	%	0.4	%	18.0	%
Specialty Flow Control	—	%	33.7	%	11.0	%	—	%	34.3	%	10.9	%
Total	100.0	%	100.0	%	100.0	%	100.0	%	100.0	%	100.0	%

Contract with Customer, Asset and Liability [Table Text Block]

Contract Assets

The Company’s contract assets consist of unbilled amounts resulting from contracts for which revenue is recognized over time using the cost-to-cost method, and for which revenue recognized exceeds the amount billed to the customer.

Changes related to contract assets, which are included in other current assets on the condensed consolidated balance sheet, is as follows:

	March 31, 2025		June 30, 2024		$ Change		% Change
Contract assets	$	10,101	$	12,648	$	(2,547)	(20.1)	%

The change in balances noted above of the Company's contract assets primarily results from the timing difference between the Company's satisfaction of performance obligations and when the customer is billed.