v3.22.4
Segment Information
6 Months Ended
Dec. 31, 2022
Segment Reporting, Measurement Disclosures [Abstract]  
Segment Information Segment Information
The Company is a leading provider of technology solutions and services to customers in specialty technology markets. The Company has two reportable segments, based on technology.

Specialty Technology Solutions Segment

The Specialty Technology Solutions segment includes the Company’s business in mobility and barcode, POS, payments, security and networking technologies. Mobility and barcode solutions include mobile computing, barcode scanners and imagers, radio frequency identification devices, barcode printing and services. POS and payments solutions include POS systems, integrated POS software platforms, self-service kiosks including self-checkout, payment terminals and mobile payment devices. Security solutions include video surveillance and analytics, video management software and access control. Networking solutions include switching, routing and wireless products and software. The Company has business operations within this segment in the United States, Canada and Brazil.

Modern Communications & Cloud Segment

The Modern Communications & Cloud segment includes the Company’s business in communications and collaboration, connectivity and cloud services. Communications and collaboration solutions, delivered in the cloud, on-premise or hybrid, include voice, video, integration of communication platforms and contact center solutions. The Intelisys connectivity and cloud marketplace offers telecom, cable, Unified Communications as a Service (“UCaaS”), Contact Center as a Service (“CCaaS”), Infrastructure as a Service, Software-Defined Wide-Area Network and other cloud services. This segment includes SaaS and subscription services, which the Company offers using digital tools and platforms. The Company has business operations within this segment in the United States, Canada, Brazil and the UK.

Selected financial information for each business segment is presented below:
Quarter endedSix months ended
 December 31,December 31,
 2022202120222021
 (in thousands)
Sales:
Specialty Technology Solutions$627,548 $496,920 $1,203,878 $998,630 
Modern Communications & Cloud383,693 367,159 751,176 723,032 
$1,011,241 $864,079 $1,955,054 $1,721,662 
Depreciation and amortization:
Specialty Technology Solutions$2,758 $2,897 $5,462 $5,867 
Modern Communications & Cloud3,738 3,613 7,385 7,574 
Corporate561 719 1,438 1,438 
$7,057 $7,229 $14,285 $14,879 
Operating income (loss):
Specialty Technology Solutions$19,682 $16,551 $41,534 $30,655 
Modern Communications & Cloud19,750 14,894 32,785 31,201 
Corporate 53  (30)
$39,432 $31,498 $74,319 $61,826 
Capital expenditures:
Specialty Technology Solutions$(524)$(318)$(1,026)$(435)
Modern Communications & Cloud(1,980)(1,236)(3,236)(2,210)
$(2,504)$(1,554)$(4,262)$(2,645)
Sales by Geography Category:
United States and Canada$911,033 $774,301 $1,772,637 $1,546,215 
International102,020 90,419 186,294 178,231 
Less intercompany sales(1,812)(641)(3,877)(2,784)
$1,011,241 $864,079 $1,955,054 $1,721,662 

December 31, 2022June 30, 2022
 (in thousands)
Assets:
Specialty Technology Solutions$1,181,810 $1,030,538 
Modern Communications & Cloud948,719 906,890 
Corporate — 
$2,130,529 $1,937,428 
Property and equipment, net by Geography Category:
United States and Canada$29,590 $32,715 
International7,003 4,762 
$36,593 $37,477