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Segment and Geographic Information (Tables)
6 Months Ended
Dec. 31, 2014
Segment Reporting [Abstract]  
Segment financial information
Three Months Ended
 
Service Center Based Distribution
 
Fluid Power Businesses
 
Total
December 31, 2014
 
 
 
 
 
 
Net sales
 
$
569,537

 
$
122,165

 
$
691,702

Operating income for reportable segments
 
34,580

 
12,224

 
46,804

Depreciation and amortization of property
 
3,769

 
351

 
4,120

Capital expenditures
 
4,336

 
370

 
4,706

 
 
 
 
 
 
 
December 31, 2013
 
 
 
 
 
 
Net sales
 
$
465,955

 
$
115,994

 
$
581,949

Operating income for reportable segments
 
25,569

 
10,364

 
35,933

Depreciation and amortization of property
 
2,988

 
373

 
3,361

Capital expenditures
 
2,340

 
215

 
2,555

Six Months Ended
 
Service Center Based Distribution
 
Fluid Power Businesses
 
Total
December 31, 2014
 
 
 
 
 
 
Net sales
 
$
1,144,634

 
$
249,393

 
$
1,394,027

Operating income for reportable segments
 
72,115

 
25,157

 
97,272

Assets used in business
 
1,275,416

 
205,034

 
1,480,450

Depreciation and amortization of property
 
7,612

 
719

 
8,331

Capital expenditures
 
7,074

 
732

 
7,806

 
 
 
 
 
 
 
December 31, 2013
 
 
 
 
 
 
Net sales
 
$
958,027

 
$
229,227

 
$
1,187,254

Operating income for reportable segments
 
53,941

 
19,821

 
73,762

Assets used in business
 
864,996

 
209,163

 
1,074,159

Depreciation and amortization of property
 
5,987

 
805

 
6,792

Capital expenditures
 
3,734

 
392

 
4,126



Enterprise resource planning system (ERP) related assets are included in assets used in business and capital expenditures within the Service Center Based Distribution segment.
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
 
Six Months Ended
 
 
December 31,
 
December 31,
 
 
2014
 
2013
 
2014
 
2013
Operating income for reportable segments
 
$
46,804

 
$
35,933

 
$
97,272

 
$
73,762

Adjustment for:
 
 
 
 
 
 
 
 
Intangible amortization—Service Center Based Distribution
 
5,018

 
1,887

 
9,885

 
3,382

Intangible amortization—Fluid Power Businesses
 
1,550

 
1,194

 
3,174

 
2,948

Corporate and other (income) expense, net
 
(6,571
)
 
(6,985
)
 
(8,759
)
 
(11,944
)
Total operating income
 
46,807

 
39,837

 
92,972

 
79,376

Interest (income) expense, net
 
1,955

 
(152
)
 
3,617

 
(91
)
Other (income) expense, net
 
380

 
(270
)
 
624

 
(1,361
)
Income before income taxes
 
$
44,472

 
$
40,259

 
$
88,731

 
$
80,828


The change in corporate and other (income) expense, net is due to changes in the amounts and levels of certain supplier support benefits and expenses being allocated to the segments. The expenses being allocated include corporate charges for working capital, logistics support and other items.
Net sales are presented in geographic areas
Net sales are presented in geographic areas based on the location of the facility shipping the product and are as follows:
 
 
Three Months Ended
 
Six Months Ended
 
 
December 31,
 
December 31,
 
 
2014
 
2013
 
2014
 
2013
Geographic Areas:
 
 
 
 
 
 
 
 
United States
 
$
549,805

 
$
479,488

 
$
1,111,364

 
$
980,539

Canada
 
103,523

 
67,770

 
202,704

 
137,517

Other countries
 
38,374

 
34,691

 
79,959

 
69,198

Total
 
$
691,702

 
$
581,949

 
$
1,394,027

 
$
1,187,254

    
Other countries consist of Mexico, Australia and New Zealand