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Business Segment Information (Notes)
9 Months Ended
Mar. 31, 2017
Segment Reporting [Abstract]  
Business Segment Information
The Company operates in two reportable business segments: Diversified Industrial and Aerospace Systems.
Diversified Industrial - This segment produces a broad range of motion-control and fluid systems and components used in all kinds of manufacturing, packaging, processing, transportation, mobile construction, refrigeration and air conditioning, agricultural and military machinery and equipment and has a significant portion of international operations. Sales are made directly to major original equipment manufacturers (OEMs) and through a broad distribution network to smaller OEMs and the aftermarket.
Aerospace Systems - This segment designs and manufactures products and provides aftermarket support for commercial, business jet, military and general aviation aircraft, missile and spacecraft markets. The Aerospace Systems Segment provides a full range of systems and components for hydraulic, pneumatic and fuel applications.
 
 
 
Three Months Ended
 
Nine Months Ended
 
 
March 31,
 
March 31,
 
 
2017
 
2016
 
2017
 
2016
Net sales
 
 
 
 
 
 
 
 
Diversified Industrial:
 
 
 
 
 
 
 
 
North America
 
$
1,413,302

 
$
1,247,904

 
$
3,701,326

 
$
3,695,008

International
 
1,128,886

 
1,019,776

 
3,149,777

 
3,050,687

Aerospace Systems
 
576,951

 
560,985

 
1,681,971

 
1,657,908

Total net sales
 
$
3,119,139

 
$
2,828,665

 
$
8,533,074

 
$
8,403,603

Segment operating income
 
 
 
 
 
 
 
 
Diversified Industrial:
 
 
 
 
 
 
 
 
North America
 
$
227,419

 
$
202,180

 
$
612,043

 
$
568,509

International
 
152,995

 
105,161

 
417,708

 
329,823

Aerospace Systems
 
79,967

 
84,238

 
225,764

 
240,005

Total segment operating income
 
460,381

 
391,579

 
1,255,515

 
1,138,337

Corporate general and administrative expenses
 
45,747

 
42,322

 
120,707

 
126,583

Income before interest expense and other expense
 
414,634

 
349,257

 
1,134,808

 
1,011,754

Interest expense
 
42,057

 
33,745

 
109,649

 
103,802

Other expense
 
57,514

 
42,519

 
97,129

 
129,430

Income before income taxes
 
$
315,063

 
$
272,993

 
$
928,030

 
$
778,522