Segment Information

12 Months Ended

Jun. 30, 2013

Segment Information [Abstract]

Segment Information

16. Segment Information:

The Company is organized and operates in four operating segments: U.S./Canada, EAME (Europe, Africa and Middle East), the Pacific Rim, and Latin America regions. The Company has identified U.S./Canada as a separate reportable segment and has aggregated its three international operating segments into one reportable segment, international, as the three international operating segments share many similar economical characteristics. Management views the U.S./Canada and international segments separately in operating its business, although the products and services are similar for each segment. The Company is in the process of integrating the Torex businesses substantially into its International segment based on the physical locations of its operations. The Company's chief operating decision maker is the Company's Chief Executive Officer.

Historically, all of the Company's new business acquisitions have been incorporated into the existing operating segments, based on their respective geographical locations, and are subsequently operated and managed as part of that operating segment.

A summary of certain financial information regarding the Company's reportable segments is as follows:

	Fiscal Year Ended June 30,
(in thousands)	2013			2012			2011
Revenues (1):
U.S./Canada	$	546,878		$	565,731		$	541,272
International		772,084			589,850			511,883
Intersegment eliminations (2)		(50,877	)		(48,050	)		(45,296	)
Total revenues	$	1,268,085		$	1,107,531		$	1,007,859
Income before taxes  (1):
U.S./Canada	$	128,232		$	136,485		$	130,254
International		142,785			136,355			112,043
Intersegment eliminations (2)		(37,212	)		(35,649	)		(32,685	)
Total income before taxes	$	233,805		$	237,191		$	209,612
Capital expenditures (3):
U.S./Canada	$	12,750		$	7,628		$	5,333
International		10,532			9,840			5,373
Total capital expenditures	$	23,282		$	17,468		$	10,706
Depreciation and amortization (3):
U.S./Canada	$	9,877		$	10,104		$	11,129
International		12,696			6,073			5,661
Total depreciation and amortization	$	22,573		$	16,177		$	16,790

	As of June 30,
(in thousands)	2013		2012
Identifiable assets (3):
U.S./Canada	$	664,607	$	724,902
International		924,431		841,118
Total identifiable assets	$	1,589,038	$	1,566,020
Goodwill (3):
U.S./Canada	$	167,217	$	167,304
International		265,733		276,813
Total goodwill	$	432,950	$	444,117

(1) Amounts based on the location of the selling entity.

(2) Amounts primarily represent elimination of U.S./Canada and Ireland's intercompany business.

(3) Amounts based on the physical location of the asset.

The Company's products are distributed in the U.S./Canada and internationally, primarily in EAME, the Pacific Rim, and Latin America through its subsidiaries, independent dealers/distributors and Company-owned sales and service offices. The Company's principal customers are lodging, food service-related businesses, specialty retail, and entertainment venues. No single customer accounts for 10% or more of the Company's consolidated revenues.

Revenues from unaffiliated customers by geographic location are as follows (amounts are net of intersegment eliminations, based on location of the customer):

	Fiscal Year Ended June 30,
(in thousands)	2013		2012		2011
U.S./Canada	$	497,981	$	521,275	$	471,865
International		770,104		586,256		535,994
Total revenue	$	1,268,085	$	1,107,531	$	1,007,859

Except for the U.K., no single foreign country accounted for more than 10% of the Company's revenue during the fiscal years ended June 30, 2013, 2012, and 2011. The Company's U.K. revenues were approximately $175.9 million, $89.7 million and $70.4 million for the fiscal years ended June 30, 2013, 2012 and 2011, respectively. The increase in fiscal year 2013 revenue for the U.K. was primarily due to additional revenue generated by the acquired Torex businesses.

Long-lived assets (property, plant, and equipment) organized by geographic locations are as follows:

	As of June 30,
(in thousands)	2013		2012
U.S./Canada	$	18,852	$	13,174
International		25,275		22,261
Total long-lived assets	$	44,127	$	35,435

Foreign countries with material long-lived assets (property, plant, and equipment) are as follows:

	As of June 30,
(in thousands)	2013		2012
Ireland	$	12,541	$	10,089
U.K.		3,145		3,789

There were no other individual foreign countries in which the Company has material long-lived assets. The above chart does not include intangible assets.