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Note 16 - Industry Segment Information
 9 Months Ended
Mar. 31, 2015
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 and nine months ended March 31, 2015 and 2014 were as follows (in thousands):


   

Three Months Ended March 31,

 
   

Net Sales

   

Income from Operations

 
   

2015

   

2014

   

2015

   

2014

 

Segment:

                               

Food Service Equipment Group

  $ 91,064     $ 84,231     $ 6,404     $ 7,369  

Engraving Group

    26,896       27,278       5,757       5,957  

Engineering Technologies Group

    24,590       22,347       3,655       4,296  

Electronics Products Group

    28,006       30,672       5,298       5,283  

Hydraulics Products Group

    10,443       9,632       1,723       1,477  

Restructuring costs

                    (398 )     (1,381 )
Other operating income (expense), net                     -       -  

Corporate

                    (4,607 )     (8,553 )

Sub-total

  $ 180,999     $ 174,160     $ 17,832     $ 14,448  

Interest expense

                    (938 )     (557 )

Other non-operating income

                    103       3,457  

Income from continuing operations before income taxes

    $ 16,997     $ 17,348  

   

Nine Months Ended March 31,

 
   

Net Sales

   

Income from Operations

 
   

2015

   

2014

   

2015

   

2014

 

Segment:

                               

Food Service Equipment Group

  $ 303,430     $ 271,512     $ 24,989     $ 26,632  

Engraving Group

    81,609       80,689       18,647       16,550  

Engineering Technologies Group

    71,314       56,935       9,093       8,834  

Electronics Products Group

    85,299       85,277       15,582       14,813  

Hydraulics Products Group

    30,711       24,427       4,897       3,710  

Restructuring costs

                    (2,354 )     (5,831 )

Other operating income (expense), net

              (59 )     1,962  

Corporate

                    (15,874 )     (20,020 )

Sub-total

  $ 572,363     $ 518,840     $ 54,921     $ 46,650  

Interest expense

                    (2,369 )     (1,709 )

Other non-operating income

                    556       3,977  

Income from continuing operations before income taxes

    $ 53,108     $ 48,918  

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 March 31, 2015 and June 30, 2014 are as follows (in thousands):


   

March 31, 2015

   

June 30, 2014

 

Food Service Equipment Group

  $ 213,038     $ 214,674  

Engraving Group

    101,814       101,106  

Engineering Technologies Group

    146,658       75,591  

Electronics Products Group

    95,328       103,699  

Hydraulics Products Group

    18,001       16,410  

Corporate & Other

    74,804       66,680  

Total

  $ 649,643     $ 578,160