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SEGMENT INFORMATION
 9 Months Ended
Mar. 31, 2026
Segment Reporting [Abstract]  
SEGMENT INFORMATION SEGMENT INFORMATION
The Company's reportable segments are: Service Center and Engineered Solutions. These reportable segments contain the Company's various operating segments which have been aggregated based upon similar economic and operating characteristics. The Service Center segment operates through local service centers and distribution centers with a focus on providing products and services addressing the maintenance and repair of production equipment and motion control infrastructure. Products primarily include industrial bearings, motors, belting, drives, couplings, pumps, linear motion products, hydraulic and pneumatic components, filtration supplies, and hoses, as well as other related supplies for general operational needs of customers’ machinery and equipment. The Engineered Solutions segment includes our operations that specialize in distributing, engineering, designing, integrating, and repairing hydraulic and pneumatic fluid power technologies, engineered flow control products and services, and automation technologies. The accounting policies of the Company’s reportable segments are as described in Note 1.
The Company's chief operating decision maker ("CODM") is the chief executive officer. The CODM uses Segment Operating Income as the measure of segment profit and loss in measuring segment performance, determining how to
allocate the Company's assets, evaluating performance in periodic reviews, and during the development of the annual budget and the regular forecasting process. The chief operating decision maker considers budget-to-actual variances on a quarterly basis, as well as segment-specific forecasting, when making decisions about the allocation of operating and capital resources to each segment. The CODM also uses the segment's net sales in measuring segment performance.
In addition to the two reportable segments, there is a category of certain business activities and expenses, referred to as corporate & other, that does not constitute an operating segment. Corporate & other expense, net includes the cost of our corporate headquarters and corporate functions, primarily compensation and benefits, and related administrative expenses and other expenses not directly associated with any reportable segment. These corporate and other expenses reconcile segment operating income to total consolidated income before income taxes.
Three Months Ended March 31, 2026Service CenterEngineered SolutionsTotal
Total sales$806,017 $466,667 $1,272,684 
Less: Inter-segment sales¹
1,080 20,151 21,231 
Net sales$804,937 $446,516 $1,251,453 
Less segment expenses:
Cost of sales569,901 300,748 
Selling, distribution, and administrative expense, including depreciation²
125,626 94,132 
Segment operating income$109,410 $51,636 $161,046 
Corporate & other expense, net23,121 
Interest expense, net2,447 
Other expense, net350 
Income before income taxes$135,128 
Three Months Ended March 31, 2025Service CenterEngineered SolutionsTotal
Total sales$762,460 $417,216 $1,179,676 
Less: Inter-segment sales¹
858 12,069 12,927 
Net sales$761,602 $405,147 $1,166,749 
Less segment expenses:
Cost of sales538,383 273,076 
Selling, distribution, and administrative expense, including depreciation²
116,833 87,553 
Segment operating income$106,386 $44,518 $150,904 
Corporate & other expense, net21,502 
Interest expense, net853 
Other expense, net1,267 
Income before income taxes$127,282 
Nine Months Ended March 31, 2026Service CenterEngineered SolutionsTotal
Total sales$2,338,187 $1,333,378 $3,671,565 
Less: Inter-segment sales¹
3,453 54,113 57,566 
Net sales$2,334,734 $1,279,265 $3,613,999 
Less segment expenses:
Cost of sales1,655,934 862,498 
Selling, distribution, and administrative expense, including depreciation²
371,067 271,390 
Segment operating income$307,733 $145,377 $453,110 
Corporate & other expense, net62,946 
Interest expense, net4,382 
Other income, net(703)
Income before income taxes$386,485 
Nine Months Ended March 31, 2025Service CenterEngineered SolutionsTotal
Total sales$2,237,256 $1,142,118 $3,379,374 
Less: Inter-segment sales¹
2,088 38,592 40,680 
Net sales$2,235,168 $1,103,526 $3,338,694 
Less segment expenses:
Cost of sales1,585,666 744,606 
Selling, distribution, and administrative expense, including depreciation²
357,318 224,277 
Segment operating income$292,184 $134,643 $426,827 
Corporate & other expense, net63,383 
Interest income, net(710)
Other income, net(1,769)
Income before income taxes$365,923 
¹The Company accounts for inter-segment sales using market rates.
²Amortization of intangibles is recorded within selling, distribution, and administrative expense, and therefore included in segment operating income for all periods presented.
A reconciliation of supplemental segment financial information is as follows:
Three Months EndedService CenterEngineered SolutionsTotal
March 31, 2026
Depreciation and amortization of property$4,412 $1,984 $6,396 
Amortization of intangibles782 9,102 9,884 
Capital expenditures4,271 463 4,734 
March 31, 2025
Depreciation and amortization of property$4,477 $2,106 $6,583 
Amortization of intangibles779 9,439 10,218 
Capital expenditures6,667 882 7,549 

Nine Months EndedService CenterEngineered SolutionsTotal
March 31, 2026
Assets used in the business$1,595,462 $1,393,249 $2,988,711 
Depreciation and amortization of property12,953 6,519 19,472 
Amortization of intangibles2,225 27,988 30,213 
Capital expenditures14,990 3,322 18,312 
March 31, 2025
Assets used in the business$1,666,452 $1,449,211 $3,115,663 
Depreciation and amortization of property13,279 5,154 18,433 
Amortization of intangibles2,393 22,992 25,385 
Capital expenditures15,746 2,549 18,295