text: NOTE 15: SUBSEQUENT EVENT 
  
  On August 1, 2012, the Company acquired SKF's company-owned distribution businesses in Australia and New Zealand for cash 
  consideration. These businesses will expand Applied's global capabilities and are part of the Service Center Based Distribution 
  segment. The Company funded the acquisition from its available cash and existing revolving credit facilities. Results of operations 
  acquired will be included in the Company's results of operations from the date of closing. 