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Applied Industrial Technologies AIT Service Center — Goodwill, Acquired During Period
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Where this comes from
Reported directly by Applied Industrial Technologies in its filing.
Tagged under the XBRL concept us-gaap:GoodwillAcquiredDuringPeriod.
The source filing: Applied Industrial Technologies’s 10-Q, filed April 28, 2026.
- Filed
- Apr 28, 2026, 4:04 PM EDT
- Fiscal quarter
- Q3 FY2026
- Calendar quarter
- Q1 2026
- Accession
- 0000109563-26-000021
| Line item | Service Center | Engineered Solutions | Total |
|---|---|---|---|
| Balance at June 30, 2024 | $219,574 | $399,821 | $619,395 |
| Goodwill acquired during the year | 2,262 | 77,847 | 80,109 |
| Other, primarily currency translation | (130) | — | (130) |
| Balance at June 30, 2025 | $221,706 | $477,668 | $699,374 |
| Goodwill acquired during the period | 4,307 | 1,518 | 5,825 |
| Other, primarily currency translation | (201) | — | (201) |
| Balance at March 31, 2026 | $225,812 | $479,186 | $704,998 |
Item 1. Financial Statements
FAQ
- What is Applied Industrial Technologies's service center — goodwill, acquired during period?
- Applied Industrial Technologies (AIT) reported service center — goodwill, acquired during period of $3.8M in Q1 2026.
- What does service center — goodwill, acquired during period mean?
- The amount of goodwill recognized on the balance sheet resulting from new acquisitions completed within the Service Center segment during the reporting period. This highlights the company's inorganic growth strategy and investment in expanding its distribution capabilities.
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