Segment Information (Tables)

9 Months Ended

Mar. 31, 2025

Segment Reporting [Abstract]

Segment financial information

Three Months Ended	Service Center Based Distribution		Engineered Solutions		Total
March 31, 2025
Net sales	$	761,602	$	405,147	$	1,166,749
Operating income for reportable segments	107,164		53,958		161,122
Depreciation and amortization of property	4,477		2,106		6,583
Capital expenditures	6,667		882		7,549
March 31, 2024
Net sales	$	789,356	$	357,034	$	1,146,390
Operating income for reportable segments	100,470		49,511		149,981
Depreciation and amortization of property	4,431		1,371		5,802
Capital expenditures	4,230		3,261		7,491

Nine Months Ended	Service Center Based Distribution		Engineered Solutions		Total
March 31, 2025
Net sales	$	2,235,168	$	1,103,526	$	3,338,694
Operating income for reportable segments	294,576		157,636		452,212
Assets used in business	1,666,452		1,449,211		3,115,663
Depreciation and amortization of property	13,279		5,154		18,433
Capital expenditures	15,746		2,549		18,295
March 31, 2024
Net sales	$	2,265,162	$	1,053,569	$	3,318,731
Operating income for reportable segments	288,791		150,273		439,064
Assets used in business	1,832,897		1,022,046		2,854,943
Depreciation and amortization of property	13,222		4,345		17,567
Capital expenditures	12,264		5,090		17,354

Reconciliation of operating income for reportable segments to the consolidated income before income taxes

A reconciliation of operating income for reportable segments to the condensed consolidated income before income taxes is as follows:

	Three Months Ended				Nine Months Ended
	March 31,				March 31,
	2025		2024		2025		2024
Operating income for reportable segments	$	161,122	$	149,981	$	452,212	$	439,064
Adjustment for:
Intangible amortization—Service Center Based Distribution	779		816		2,393		2,415
Intangible amortization—Engineered Solutions	9,439		6,135		22,992		19,186
Corporate and other expense, net	21,502		21,824		63,383		60,983
Total operating income	129,402		121,206		363,444		356,480
Interest expense (income), net	853		265		(710)		3,502
Other expense (income), net	1,267		(1,724)		(1,769)		(4,217)
Income before income taxes	$	127,282	$	122,665	$	365,923	$	357,195