XML 34 R24.htm IDEA: XBRL DOCUMENT v3.24.4
Business segment information
6 Months Ended
Dec. 31, 2024
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 is an aggregation of several business units that design, manufacture, and provide aftermarket support for highly engineered solutions that create value for customers primarily in aerospace and defense, in-plant and industrial equipment, transportation, off-highway, energy, and HVAC and refrigeration markets around the world. Diversified Industrial Segment products are marketed direct to OEMs and independent distributors through field sales employees.
Aerospace Systems - This segment designs, manufactures, and provides aftermarket support for highly engineered airframe and engine solutions for both OEMs and end users. Our components and systems are utilized across commercial transport, defense fixed wing, business jets, regional transport, helicopter and energy applications. Aerospace Systems Segment products are marketed by field sales employees and are sold directly to manufacturers and end users.
Three Months EndedSix Months Ended
 December 31,December 31,
 2024202320242023
Net sales
Diversified Industrial$3,252,806 $3,514,473 $6,708,964 $7,133,001 
Aerospace Systems1,489,787 1,306,474 2,937,613 2,535,434 
Total net sales$4,742,593 $4,820,947 $9,646,577 $9,668,435 
Segment operating income
Diversified Industrial$710,562 $752,334 $1,494,108 $1,559,088 
Aerospace Systems338,184 263,112 661,170 489,372 
Total segment operating income1,048,746 1,015,446 2,155,278 2,048,460 
Corporate general and administrative expenses56,264 49,902 105,058 105,558 
Income before interest expense and other income, net992,482 965,544 2,050,220 1,942,902 
Interest expense100,802 129,029 213,893 263,497 
Other income, net(274,177)(31,650)(204,716)(9,195)
Income before income taxes$1,165,857 $868,165 $2,041,043 $1,688,600