XML 34 R25.htm IDEA: XBRL DOCUMENT v3.24.0.1
Business segment information
 6 Months Ended
Dec. 31, 2023
Segment Reporting [Abstract]  
Business segment information Business segment information
The Company operates in two reportable business segments: Diversified Industrial and Aerospace Systems. Both segments utilize eight core technologies, including hydraulics, pneumatics, electromechanical, filtration, fluid and gas handling, process control, engineered materials and climate control, to drive superior customer problem solving and value creation.
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 significant international operations. Sales are made directly to major 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 and regional transport, business jet, military, and helicopter markets. The Aerospace Systems Segment provides a full range of systems and components for hydraulic, pneumatic, fuel, oil, actuation, sensing, braking, thermal management, and electric power applications.
Three Months EndedSix Months Ended
 December 31,December 31,
 2023202220232022
Net sales
Diversified Industrial:
North America$2,110,203 $2,140,685 $4,340,109 $4,272,445 
International1,404,270 1,397,699 2,792,892 2,752,712 
Aerospace Systems1,306,474 1,136,427 2,535,434 1,882,429 
Total net sales$4,820,947 $4,674,811 $9,668,435 $8,907,586 
Segment operating income
Diversified Industrial:
North America$461,850 $419,921 $967,903 $872,907 
International290,484 285,520 591,185 579,460 
Aerospace Systems263,112 8,793 489,372 100,944 
Total segment operating income1,015,446 714,234 2,048,460 1,553,311 
Corporate general and administrative expenses49,902 48,901 105,558 100,561 
Income before interest expense and other expense965,544 665,333 1,942,902 1,452,750 
Interest expense129,029 146,931 263,497 264,725 
Other (income) expense, net(31,650)1,659 (9,195)167,937 
Income before income taxes$868,165 $516,743 $1,688,600 $1,020,088