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Goodwill and Intangibles (Tables)
9 Months Ended
Mar. 31, 2025
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 nine month period ended March 31, 2025 are as follows:
Service Center Based DistributionEngineered SolutionsTotal
Balance at June 30, 2023$211,231 $367,187 $578,418 
Goodwill acquired during the period9,712 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/adjusted during the period2,262 74,358 76,620 
Other, primarily currency translation(1,822)— (1,822)
Balance at March 31, 2025$220,014 $474,179 $694,193 
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, 2025AmountAccumulated
Amortization
Net Book
Value
Finite-Lived Identifiable Intangibles:
Customer relationships$503,249 $224,640 $278,609 
Trade names107,550 39,739 67,811 
Other6,802 2,276 4,526 
Total Identifiable Intangibles$617,601 $266,655 $350,946 
June 30, 2024AmountAccumulated
Amortization
Net Book
Value
Finite-Lived Identifiable Intangibles:
Customer relationships$394,114 $205,422 $188,692 
Trade names88,848 34,891 53,957 
Other4,946 1,725 3,221 
Total Identifiable Intangibles$487,908 $242,038 $245,870 
Fully amortized finite-lived identifiable intangible assets are written off in the period when they become fully amortized.
Schedule of Acquired Finite-Lived Intangible Assets by Major Class
During the nine month period ended March 31, 2025, the Company acquired identifiable intangible assets with a preliminary acquisition cost allocation and weighted-average life as follows:
Acquisition Cost AllocationWeighted-Average life
Customer relationships$109,848 20.0
Trade names18,720 15.0
Other1,945 13.9
Total Identifiable Intangibles$130,513 19.2