Plan Assets 
The fair value of each major class of plan assets for the Company’s Qualified Benefit Retirement Plan are valued usi ng quoted market 
prices in active markets for identical instruments, or Level 1 in the fair value hierarchy .  Following are the fair values and target 
allocation as of June 30:  
  Target Allocation  Fair Value 
    2012  2011 
Asset Class:       
Equity securities  40 – 70%  $ 3,735   $ 3,876  
Debt securities  20 – 50%  2,382   1,756  
Other  0 – 20%  322   424  
Total  100%  $ 6,439   $ 6,056  
Equity securities do not include any Company common stock. 
The Company has established an investment policy and regularly monitors the performance of the assets of the trust maintained in 
conjunction with the Qualified Defined Benefit Retirement Plan.  The strategy implemented by the trustee of the Qualified Defined 
Benefit Retirement Plan is to achieve l ong-term objectives and invest the pension assets in accordance with ERISA and fiduciary 
standards.  The long-term primary ob jectives are to provide for a reasonable amount of long-term capital, without undue exposure 
to risk; to protect the Qualified Defined Benefit Retirement Plan a ssets from erosion of purchasing power; and to provide inve stment 
results that meet or exceed the actuarially assumed long-term rate of return .  The expected long-term rate of return on assets 
assumption was developed by considering the historical returns and the future expectations for returns of ea ch asset class as well as 
the target asset allocation of the pension portfolio. 
Cash Flows 
Employer Contributions 
The Company expects to contribute $6,000 to its pension benefit plans and $240 to its retiree health care benefit plans in 
2013.  Contributions do not equal estimated future payments as ce rtain payments are made from plan assets. 
Estimated Future Benefit Payments 
The following benefit payments, which reflect expected future service , as applicable, are expected to be paid in each of the next 
five years and in the aggregate for the subsequent five years:  
During Fiscal Years  Pension Benefits 
Retiree Health Care 
Benefits 
2013  $ 6,200  $ 240  
2014  5,900  240  
2015  5,700  240  
2016  4,500  240  
2017  1,700  260  
2018 through 2022  15,200  1,420  
 
  
 
NOTE 11: LEASES 
The Company leases its corporate headquarters facility along with many service center a nd distribution center facilities, vehicles and 
equipment under non-cancelable lease agreements accounted for as operating leases .  The minimum annual rental commitments 
under non-cancelable operating leases as of June 30, 2012 are as follows:  
During Fiscal Years  
2013 $ 23,500  
2014 18,000  
2015 14,300  
2016 9,600  
2017 5,100  
Thereafter 11,100  
Total minimum lease payments $ 81,600  
Rental expenses incurred for operating leases, principally from leases for real property, vehicles and computer equipment were 
$31,200 in 2012, $31,400 in 2011 and $30,700 in 2010.  
NOTE 12: SEGMENT AND GEOGRAPHIC INFORMATION 
The Company's reportable segments are: Service Center Based Dis tribution and Fluid Power Businesses.  The Service Center Based 
Distribution segment provides customers with solutions to their maintenance, repair and original equipment manufacturing needs 
through the distribution of industrial products includ ing bearings, power transmission components, fluid power components, 
industrial rubber products, linear motion products, safety products, general maintenance and a variety of mill supply products.  The 
Fluid Power Businesses segment distributes fluid power components and operates shops that assemble fluid power systems and 
components, performs equipment repair, and offers technical advice to customers. 
The accounting policies of the Company’s reportable segments  are generally the same as those described in Note 1 .  Sales primarily