XML 29 R12.htm IDEA: XBRL DOCUMENT v3.20.2
Acquisitions and Disposals
12 Months Ended
Jun. 30, 2020
Business Combinations [Abstract]  
Acquisitions Acquisitions and Disposals
Sale of Process Heating Business
In August 2018, the Company sold non-core assets associated with a business that marketed process heating equipment for $3.9 million in cash, including $0.2 million of customary final post-closing adjustments paid in October 2018. The Company recognized a gain of $0.4 million on the sale, which was included in Other in the Consolidated Statements of Income. The revenue and operating results of the business, which were included in the Oil Gas & Chemical segment, were not material.