Business Combinations (Tables)

9 Months Ended

Mar. 31, 2025

Business Combination [Abstract]

Business Combination, Recognized Asset Acquired and Liability 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	40,308
Other current assets	915
Property, net	6,509
Operating lease assets	52,257
Identifiable intangible assets	126,050
Goodwill	71,247
Other assets	111
Total assets acquired	$	353,622
Accounts payable and accrued liabilities	15,612
Other current liabilities	4,546
Other liabilities	51,328
Net assets acquired	$	282,136

Business Combination, 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 2024:

	Three Months Ended				Nine Months Ended
	March 31,				March 31,
Pro forma	2025		2024		2025		2024
Sales	$	1,166,749	$	1,210,175	$	3,468,012	$	3,519,891
Net income	98,929		97,640		288,538		283,605
Diluted net income per share	$	2.55	$	2.49	$	7.42	$	7.22