XML 72 R21.htm IDEA: XBRL DOCUMENT v2.4.0.8
Note 15 - Industry Segment Information
6 Months Ended
Dec. 31, 2013
Segment Reporting [Abstract]  
Segment Reporting Disclosure [Text Block]

15)     Industry Segment Information


The Company has determined that it has five reportable segments organized around the types of product sold:


Food Service Equipment Group – an aggregation of seven operating segments that manufacture and sell commercial food service equipment.


Engraving Group – provides mold texturizing, roll engraving and process machinery for a number of industries.


Engineering Technologies Group – provides customized solutions in the fabrication and machining of engineered components for the aerospace, energy, aviation, medical, oil and gas, and general industrial markets.


Electronics Products Group – manufacturing and selling of electronic components for applications throughout the end-user market spectrum.


Hydraulics Products Group – manufacturing and selling of single- and double-acting telescopic and piston rod hydraulic cylinders.


Net sales and income (loss) from continuing operations by segment for the three months and six months ended December 31, 2013 and 2012 were as follows (in thousands):


    Three Months Ended December 31,  
   

Net Sales

   

Income from Operations

 
   

2013

   

2012

   

2013

   

2012

 

Segment:

                               

Food Service Equipment Group

  $ 93,073     $ 95,816     $ 7,430     $ 9,694  

Engraving Group

    28,384       23,663       5,820       4,476  

Engineering Technologies Group

    17,323       18,027       2,456       3,644  

Electronics Products Group

    26,461       24,894       4,392       4,101  

Hydraulics Products Group

    7,002       6,229       1,059       963  

Restructuring costs

                    (644 )     (985 )

Other operating income (expense), net

                    1,962       -  

Corporate

                    (7,201 )     (5,625 )

Sub-total

  $ 172,243     $ 168,629     $ 15,274     $ 16,268  

Interest expense

                    (592 )     (575 )

Other non-operating income

                    66       166  

Income from continuing operations before income taxes

                  $ 14,748     $ 15,859  

   

Six Months Ended December 31,

 
   

Net Sales

   

Income from Operations

 
   

2013

   

2012

   

2013

   

2012

 

Segment:

                               

Food Service Equipment Group

  $ 198,417     $ 205,139     $ 16,220     $ 23,042  

Engraving Group

    53,411       47,019       10,593       9,028  

Engineering Technologies Group

    34,588       33,757       4,538       5,337  

Electronics Products Group

    54,605       52,733       9,530       7,189  

Hydraulics Products Group

    14,795       13,367       2,233       1,934  

Restructuring costs

                    (4,450 )     (1,220 )

Other operating income (expense), net

                    1,962       -  

Corporate

                    (11,467 )     (11,416 )

Sub-total

  $ 355,816     $ 352,015     $ 29,159     $ 33,894  

Interest expense

                    (1,152 )     (1,226 )

Other non-operating income

                    520       130  

Income from continuing operations before income taxes

                  $ 28,527     $ 32,798  

Net sales include only transactions with unaffiliated customers and include no intersegment sales. Income (loss) from operations by segment excludes interest expense and other non-operating income (expense).