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Applied Industrial Technologies AIT Service Center Segment — Intangible amortization
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Where this comes from
Reported directly by Applied Industrial Technologies in its filing.
Tagged under the XBRL concept us-gaap:AmortizationOfIntangibleAssets.
The source filing: Applied Industrial Technologies’s 10-K, filed August 15, 2025.
- Filed
- Aug 15, 2025
- Fiscal year
- FY2025
- Accession
- 0000109563-25-000080
| Year Ended June 30, 2025 | Service Center | Engineered Solutions | Total |
|---|---|---|---|
| Assets used in the business | $1,765,631 | $1,409,913 | $3,175,544 |
| Depreciation and amortization of property | 17,492 | 7,407 | 24,899 |
| Amortization of intangibles | 3,144 | 32,437 | 35,581 |
| Capital expenditures | 22,544 | 4,643 | 27,187 |
| Year Ended June 30, 2024 | |||
| Assets used in the business | $1,865,269 | $1,086,641 | $2,951,910 |
| Depreciation and amortization of property | 17,700 | 5,731 | 23,431 |
| Amortization of intangibles | 3,188 | 25,735 | 28,923 |
ITEM 8. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA.
FAQ
- What is Applied Industrial Technologies's service center segment — intangible amortization?
- Applied Industrial Technologies (AIT) reported service center segment — intangible amortization of $786K in Q2 2025.
- How has Applied Industrial Technologies's service center segment — intangible amortization changed year-over-year?
- Applied Industrial Technologies's service center segment — intangible amortization decreased by 1.4% year-over-year, from $797K to $786K.
- What is the long-term trend for Applied Industrial Technologies's service center segment — intangible amortization?
- Over 2 years (2023 to 2025), Applied Industrial Technologies's service center segment — intangible amortization has grown at a 4.9% compound annual growth rate (CAGR), from $2.86M to $3.14M.
- What does service center segment — intangible amortization mean?
- This metric represents the periodic expense related to the write-down of intangible assets, such as customer relationships, trade names, or non-compete agreements, acquired through business combinations within the service center segment. It reflects the gradual consumption of the economic value of these acquired intangible assets. Investors track this to understand the non-cash impact of past M&A activity on segment profitability.
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