Segment Information

6 Months Ended

Dec. 31, 2014

Segment Reporting [Abstract]

Segment Information

SEGMENT INFORMATION

The Company’s operations are managed in five operating segments: United States, United Kingdom, HPPC (which was acquired on July 17, 2014), Canada and Europe. The United States, the United Kingdom and HPPC are currently reportable segments, while Canada and Europe do not currently meet the quantitative thresholds for reporting and are therefore combined and reported as “Rest of World.”

Net sales and operating profit are the primary measures used by the Company’s Chief Operating Decision Maker (“CODM”) to evaluate segment operating performance and to decide how to allocate resources to segments. The CODM is the Company’s Chief Executive Officer. Expenses related to certain centralized administration functions that are not specifically related to an operating segment are included in “Corporate and other.” Corporate and other expenses are comprised mainly of the compensation and related expenses of certain of the Company’s senior executive officers and other selected employees who perform duties related to the entire enterprise, as well as expenses for certain professional fees, facilities, and other items which benefit the Company as a whole. Additionally, acquisition related expenses and restructuring charges are included in “Corporate and other.” Expenses that are managed centrally but can be attributed to a segment, such as employee benefits and certain facility costs, are allocated based on reasonable allocation methods. Certain factory start-up costs incurred in Europe that were included in “Corporate and other” in the prior year have been reclassified to the Rest of World segment to conform to the current year presentation. Assets are reviewed by the CODM on a consolidated basis and are not reported by operating segment.

The following tables set forth financial information about each of the Company’s reportable segments. Transactions between reportable segments were insignificant for all periods presented.

	Three Months Ended December 31,						Six Months Ended December 31,
	2014			2013			2014			2013
Net Sales:
United States	$	353,969		$	327,725		$	690,884		$	639,720
United Kingdom	200,797			146,051			373,076			260,046
HPPC	86,216			—			156,886			—
Rest of World	55,401			61,103			106,794			112,597
	$	696,383		$	534,879		$	1,327,640		$	1,012,363
Operating Income:
United States	$	55,591		$	56,510		$	85,181		$	102,876
United Kingdom	12,263			12,001			17,858			13,912
HPPC	7,715			—			11,534			—
Rest of World	5,613			3,996			6,248			6,444
	$	81,182		$	72,507		$	120,821		$	123,232
Corporate and other (1)	(7,170		)	(8,194		)	(17,982		)	(19,147		)
	$	74,012		$	64,313		$	102,839		$	104,085

(1) Includes $359 and $523 of acquisition related expenses, restructuring and integration charges for the three months ended December 31, 2014 and 2013, respectively. Such expenses for the six months ended December 31, 2014 and 2013 were $1,662 and $1,248, respectively. Corporate and other also includes expense of $280 for contingent consideration adjustments (see Note 14) for the six months ended December 31, 2014.

The Company’s long-lived assets, which primarily represent net property, plant and equipment, by geographic area are as follows:

	December 31, 2014		June 30, 2014
United States	$	150,588	$	139,919
Canada	9,241		9,694
United Kingdom	186,385		198,505
Europe	24,068		27,746
	$	370,282	$	375,864