Page 68 - 2018 Annual Report
P. 68

                 Table of Contents
 The fluid power & flow control product category includes sales of hydraulic, pneumatic, lubrication, filtration, and flow control components and systems, and repair services through the Company’s Fluid Power & Flow Control segment as well as the Service Center Based Distribution segment.
Geographic Information
Net sales are presented in geographic areas based on the location of the facility shipping the product. Long-lived assets are based on physical locations and are comprised of the net book value of property and intangible assets. Information by geographic area is as follows:
Year Ended June 30, 2017 Net Sales:
United States $ 2,182,552 Canada 251,999 Other Countries 159,195
Total     $ 2,593,746
2016
$ 2,117,485 257,797 144,146 $ 2,519,428
2016
225,538 66,304 7,163 299,005
 2018
  $ 2,615,041 273,622 184,611
$ 3,073,274
        June 30, Long-Lived Assets:
United States $ Canada
Other Countries
Total         $
Other countries consist of Mexico, Australia, New Zealand, and Singapore.
NOTE 13: COMMITMENTS AND CONTINGENCIES
2017
207,126 57,947 6,558
 2018
  $ 501,373 50,261 5,656
$ 557,290
      $ 271,631     $
     The Company is a party to various pending judicial and administrative proceedings. Based on circumstances currently known, the Company believes the likelihood is remote that the ultimate resolution of any of these matters will have, either individually or in the aggregate, a material adverse effect on the Company’s consolidated financial position, results of operations, or cash flows.
NOTE 14: OTHER (INCOME) EXPENSE, NET
Other (income) expense, net, consists of the following:
Year Ended June 30,         2017     2016
Unrealized gain on assets held in rabbi trust for a non-qualified deferred compensation plan Foreign currency transaction (gains) losses
Net other periodic post-employment costs
Life insurance (income) expense, net
Other, net
Total other (income) expense, net
2018
 $ (785) (210)
245 (1,628)
2
$ (2,376)
        $ (1,188) 209 796 107
$
$ (87) 1,039 981 108 — (121)       $ 2,041
(45)
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