v3.25.2
Revenue Recognition Revenue Recognition (Tables)
12 Months Ended
Jun. 30, 2025
Revenue from Contract with Customer [Abstract]  
Revenue from External Customers by Geographic Areas [Table Text Block]
Disaggregation of Revenues
The following tables present the Company's net sales by reportable segment and by geographic areas based on the location of the facility shipping the product for the years ended June 30, 2025, 2024, and 2023. Other countries consist of Mexico, Australia, New Zealand, Singapore, and Costa Rica.
Year Ended June 30, 2025
Service CenterEngineered SolutionsTotal
Geographic Areas:
United States$2,524,036 $1,476,918 $4,000,954 
Canada296,661  296,661 
Other Countries193,651 72,158 265,809 
Total$3,014,348 $1,549,076 $4,563,424 
Year Ended June 30, 2024
Service CenterEngineered SolutionsTotal
Geographic Areas:
United States$2,540,427 $1,391,762 $3,932,189 
Canada310,210 — 310,210 
Other Countries205,918 31,089 237,007 
Total$3,056,555 $1,422,851 $4,479,406 
Year Ended June 30, 2023
Service CenterEngineered SolutionsTotal
Geographic Areas:
United States$2,441,281 $1,419,140 $3,860,421 
Canada315,499 — 315,499 
Other Countries210,062 26,812 236,874 
Total$2,966,842 $1,445,952 $4,412,794 
Disaggregation of Revenue [Table Text Block]
The following tables present the Company’s percentage of revenue by reportable segment and major customer industry for the years ended June 30, 2025, 2024, and 2023:
 Year Ended June 30, 2025
Service CenterEngineered SolutionsTotal
General Industry34.5 %40.0 %36.4 %
Industrial Machinery8.3 %23.3 %13.3 %
Food15.4 %3.2 %11.3 %
Metals11.0 %7.3 %9.8 %
Forest Products12.2 %3.2 %9.1 %
Chem/Petrochem2.8 %14.6 %6.8 %
Cement & Aggregate7.3 %1.4 %5.3 %
Transportation3.6 %4.9 %4.1 %
Oil & Gas4.9 %2.1 %3.9 %
Total100.0 %100.0 %100.0 %
 Year Ended June 30, 2024
Service CenterEngineered SolutionsTotal
General Industry35.0 %38.7 %36.2 %
Industrial Machinery8.2 %24.2 %13.3 %
Food15.0 %2.8 %11.1 %
Metals10.9 %7.9 %10.0 %
Forest Products12.0 %3.2 %9.2 %
Chem/Petrochem2.7 %16.0 %6.9 %
Cement & Aggregate7.4 %1.3 %5.5 %
Transportation3.7 %4.2 %3.8 %
Oil & Gas5.1 %1.7 %4.0 %
Total100.0 %100.0 %100.0 %
Year Ended June 30, 2023
Service CenterEngineered SolutionsTotal
General Industry34.0 %41.2 %36.2 %
Industrial Machinery9.8 %26.1 %15.2 %
Food13.2 %2.7 %9.8 %
Metals10.6 %7.5 %9.6 %
Forest Products12.1 %2.8 %9.1 %
Chem/Petrochem2.8 %13.9 %6.4 %
Cement & Aggregate7.8 %1.3 %5.7 %
Transportation3.7 %3.1 %3.5 %
Oil & Gas6.0 %1.4 %4.5 %
Total100.0 %100.0 %100.0 %
The following tables present the Company’s percentage of revenue by reportable segment and product line for the years ended June 30, 2025, 2024, and 2023:
 Year Ended June 30, 2025
Service CenterEngineered SolutionsTotal
Power Transmission37.5 %9.8 %28.2 %
General MRO & Other22.3 %22.3 %22.2 %
Fluid Power14.4 %34.9 %21.3 %
Bearings, Linear & Seals25.8 %0.4 %17.3 %
Specialty Flow Control %32.6 %11.0 %
Total100.0 %100.0 %100.0 %
 Year Ended June 30, 2024
Service CenterEngineered SolutionsTotal
Power Transmission37.7 %11.3 %29.4 %
General MRO & Other22.1 %17.2 %20.5 %
Fluid Power14.1 %36.3 %21.1 %
Bearings, Linear & Seals26.1 %0.4 %18.0 %
Specialty Flow Control— %34.8 %11.0 %
Total100.0 %100.0 %100.0 %
Year Ended June 30, 2023
Service CenterEngineered SolutionsTotal
Power Transmission37.3 %10.6 %28.5 %
General MRO & Other21.1 %19.3 %20.6 %
Fluid Power13.3 %34.3 %20.2 %
Bearings, Linear & Seals28.3 %0.4 %19.1 %
Specialty Flow Control— %35.4 %11.6 %
Total100.0 %100.0 %100.0 %
Contract with Customer, Asset and Liability [Table Text Block]
Contract Assets and Liabilities
Changes related to contract assets and contract liabilities are as follows:
June 30, 2025June 30, 2024$ Change% Change
Contract assets$11,659 $12,648 $(989)(7.8)%
Contract liabilities29,244 15,777 13,467 85.4 %
The change in balances noted above of the Company's contract assets primarily results from the timing difference between the Company's performance and when the customer is billed. The increase in the contract liability balance from the prior year is primarily due to acquisitions in fiscal 2025.