v3.26.1
REVENUE RECOGNITION
 12 Months Ended
Jun. 30, 2026
Revenue from Contract with Customer [Abstract]  
REVENUE RECOGNITION REVENUE RECOGNITION
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, 2026, 2025, and 2024. Other countries consist of Mexico, Australia, New Zealand, Singapore, and Costa Rica.
Year Ended June 30, 2026
Service CenterEngineered SolutionsTotal
Geographic Areas:
United States$2,682,055 $1,703,275 $4,385,330 
Canada300,817 — 300,817 
Other Countries201,359 79,180 280,539 
Total$3,184,231 $1,782,455 $4,966,686 
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 
The following tables present the Company’s percentage of revenue by reportable segment and major customer industry for the years ended June 30, 2026, 2025, and 2024:
Year Ended June 30, 2026
Service CenterEngineered SolutionsTotal
General Industry34.8 %44.3 %38.1 %
Industrial Machinery8.1 %25.5 %14.3 %
Food15.4 %2.8 %10.9 %
Metals11.8 %6.7 %9.9 %
Forest Products11.7 %1.9 %8.2 %
Chem/Petrochem2.5 %11.1 %5.6 %
Cement & Aggregate7.4 %1.3 %5.3 %
Transportation3.5 %4.5 %3.9 %
Oil & Gas4.8 %1.9 %3.8 %
Total100.0 %100.0 %100.0 %
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 %
The following tables present the Company’s percentage of revenue by reportable segment and product line for the years ended June 30, 2026, 2025, and 2024:
Year Ended June 30, 2026
Service CenterEngineered SolutionsTotal
Power Transmission37.2 %8.6 %27.0 %
General MRO & Other22.4 %26.0 %23.7 %
Fluid Power14.6 %37.2 %22.7 %
Bearings, Linear & Seals25.8 %0.8 %16.8 %
Specialty Flow Control— %27.4 %9.8 %
Total100.0 %100.0 %100.0 %
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 %
Contract Assets and Liabilities
Activity related to contract assets and contract liabilities, which are included in other current assets and other current liabilities on the consolidated balance sheet, is as follows:
June 30, 2026June 30, 2025$ Change% Change
Contract assets$28,702 $11,659 $17,043 146.2 %
Contract liabilities30,648 29,244 1,404 4.8 %
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.