v3.26.1
Segment Information
 12 Months Ended
Jun. 30, 2026
Segment Reporting, Measurement Disclosures [Abstract]  
Segment Information Segment Information
The Company is a leading provider of technology solutions and services to channel sales partners in specialty technology markets. The Company's Chief Executive Officer is our Chief Operating Decision Maker ("CODM") who evaluates how we allocate resources, assess performance and make strategic and operational decisions. The CODM reviews key financial measures for each reportable segment based on various financial results including net sales, gross profit and operating income. These measures are assessed in the annual budget process as well as on an actual-to-budget comparison and an actual-to-forecast comparison when making decisions about the allocation of resources to each segment. In addition to financial results such as net sales, gross profit, and operating income, the CODM also considers a range of operational and financial metrics, including EBITDA, return on invested capital, customer metrics and other strategic indicators. These tools support a comprehensive view of performance and inform strategic decisions across our reportable segments.

Corporate primarily includes corporate service costs that are not included in the CODM's assessment of the performance of each of the identified reportable segments. In connection with that assessment, our CODM may exclude matters, such as charges for impairments, significant, higher-cost restructuring programs, costs associated with separation activities, acquisition costs and other related charges, certain gains and losses from acquisitions or dispositions and certain litigation settlements. The CODM also reviews certain other measures including total assets and property and equipment by segment and geography.

Based on such evaluation, the Company has two reportable segments based on sales model.

Specialty Technology Solutions Segment

The Specialty Technology Solutions segment operates primarily in the United States and Brazil and includes specialty technology solutions distributed through a wholesale/resale sales model. This segment includes hardware, SaaS and subscription services. The specialty technology solutions include the following:

•Mobility and barcode - mobile computing, barcode scanners and imagers, RFID (radio frequency identification devices), barcode printing and related services;
•POS - Point of Sale systems, integrated POS software platforms;
•Payment terminals - self-service kiosks including self-checkout, payment terminals and mobile payment devices;
•Physical security - video surveillance and analytics, video management software and access control;
•    Networking - switching, routing and wireless products and software;
•    Communications - voice, video, communication platform integration and contact center solutions; and
•    Connectivity - managed connectivity and wireless enablement solutions.

Intelisys & Advisory Segment

The Intelisys & Advisory segment operates in the United States and consists of sales and services to both channel sales partners (Intelisys) and end users (Advisory). As a technology services distributor, or TSD, Intelisys distributes connectivity, cloud and next-generation technologies through an agency sales model. Channel sales partners also have access to SaaS and subscription-based services through the company’s proprietary tools, platforms and flexible routes to market. In addition to traditional telecom services, key technology areas include:

•Connectivity & SDN (Software-Defined Networking)
•CX (Unified Communications as a Service and Contact Center as a Service)
•Cloud/Data Center
•Security
•Managed AI
•Wireless & IoT

By offering flexible routes to market and a robust solutions portfolio, this segment helps advisors service a wide range of end users including businesses of all sizes.
Selected financial information about the Company's segments for the fiscal years ended June 30, 2026, 2025, and 2024 are presented below:
Specialty Technology SolutionsIntelisys & Advisory
Corporate(a)
Total
Fiscal year ended June 30, 2026:
Net Sales$3,124,932 $101,130 $— $3,226,062 
Cost of sales2,787,288 1,419 — 2,788,707 
  Gross profit337,644 99,711 — 437,355 
Other operating expenses(b)
263,531 71,127 4,070 338,728 
  Operating income (loss)$74,113 $28,584 $(4,070)$98,627 
Other Segment Items
Depreciation and amortization(c)
$14,680 $8,953 $— $23,633 
Change in fair value of contingent consideration(d)
$1,243 $(170)$— $1,073 
Capital expenditures$(8,574)$(712)$— $(9,286)
Fiscal year ended June 30, 2025:
Net Sales$2,942,717 $98,093 $— $3,040,810 
Cost of sales2,631,315 849 — 2,632,164 
  Gross profit311,402 97,244 — 408,646 
Other operating expenses(b)
245,353 70,030 8,063 323,446 
  Operating income (loss)$66,049 $27,214 $(8,063)$85,200 
Other Segment Items
Depreciation and amortization(c)
$19,627 $8,878 $1,690 $30,195 
Change in fair value of contingent consideration(d)
$(840)$2,740 $— $1,900 
Capital expenditures$(7,776)$(510)$— $(8,286)
Fiscal year ended June 30, 2024:
Net Sales$3,167,549 $92,260 $— $3,259,809 
Cost of sales2,860,292 465 — 2,860,757 
Gross profit307,257 91,795 — 399,052 
Other operating expenses(b)
240,579 61,200 6,949 308,728 
Operating income (loss)$66,678 $30,595 $(6,949)$90,324 
Other Segment Items
Depreciation and amortization(c)
$17,133 $7,939 $2,937 $28,009 
Capital expenditures$(8,414)$(141)$— $(8,555)
(a) For the years ended June 30, 2026 and June 30, 2025, the amounts in Other operating expenses shown above include restructuring expenses, legal settlement expenses, acquisition expenses, as well as cyberattack restoration costs. For the year ended June 30, 2024, the amounts in Other operating expenses shown above include restructuring expenses, acquisition and divestiture expenses as well as cyberattack restoration costs.
(b) Primarily includes payroll and other employee expenses and other selling and general administrative expenses
(c) Depreciation and amortization expense is primarily included within Other operating expenses
(d) Change in fair value of contingent consideration is included within Other operating expenses
Fiscal Year Ended June 30,
202620252024
(in thousands)
Sales by Geography Category:
United States$3,003,061 $2,809,447 $2,928,606 
Brazil227,404 240,071 338,637 
Less intercompany sales(4,403)(8,708)(7,434)
$3,226,062 $3,040,810 $3,259,809 

June 30, 2026June 30, 2025
(in thousands)
Assets:
Specialty Technology Solutions$1,709,222 $1,564,119 
Intelisys & Advisory223,207 221,487 
$1,932,429 $1,785,606 
Property and equipment, net by Geography Category:
United States$14,398 $15,047 
Brazil20,458 16,122 
$34,856 $31,169