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Note 16 - Industry Segment Information
 6 Months Ended
Dec. 31, 2014
Segment Reporting [Abstract]  
Segment Reporting Disclosure [Text Block]

16)     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 ended December 31, 2014 and 2013 were as follows (in thousands):


   

Three Months Ended December 31,

 
   

Net Sales

   

Income from Operations

 
   

2014

   

2013

   

2014

   

2013

 

Segment:

                               

Food Service Equipment Group

  $ 98,533     $ 87,370     $ 6,912     $ 7,294  

Engraving Group

    26,625       28,384       5,947       5,820  

Engineering Technologies Group

    26,605       17,323       3,218       2,456  

Electronics Products Group

    27,823       26,461       4,738       4,392  

Hydraulics Products Group

    9,751       7,002       1,452       1,059  

Restructuring costs

                    (1,094 )     (644 )

Other operating income (expense), net

              -       1,962  

Corporate

                    (5,321 )     (7,201 )

Sub-total

  $ 189,337     $ 166,540     $ 15,852     $ 15,138  

Interest expense

                    (788 )     (592 )

Other non-operating income

                    188       66  

Income from continuing operations before income taxes

    $ 15,252     $ 14,612  

   

Six Months Ended December 31,

 
   

Net Sales

   

Income from Operations

 
   

2014

   

2013

   

2014

   

2013

 

Segment:

                               

Food Service Equipment Group

  $ 212,366     $ 187,281     $ 18,585     $ 19,263  

Engraving Group

    54,713       53,411       12,890       10,593  

Engineering Technologies Group

    46,724       34,588       5,438       4,538  

Electronics Products Group

    57,293       54,605       10,284       9,530  

Hydraulics Products Group

    20,268       14,795       3,174       2,233  

Restructuring costs

                    (1,956 )     (4,450 )

Other operating income (expense), net

              (59 )     1,962  

Corporate

                    (11,267 )     (11,467 )

Sub-total

  $ 391,364     $ 344,680     $ 37,089     $ 32,202  

Interest expense

                    (1,431 )     (1,152 )

Other non-operating income

                    453       520  

Income from continuing operations before income taxes

    $ 36,111     $ 31,570  

 
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).


The Company’s identifiable assets at December 31, 2014 and June 30, 2014 are as follows (in thousands):


   

December 31,

2014

   

June 30,

2014

 

Food Service Equipment Group

  $ 214,434     $ 214,674  

Engraving Group

    100,155       101,106  

Engineering Technologies Group

    144,871       75,591  

Electronics Products Group

    98,569       103,699  

Hydraulics Products Group

    17,923       16,410  

Corporate & Other

    74,598       66,680  

Total

  $ 650,550     $ 578,160