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Note 16 - Industry Segment Information
3 Months Ended
Sep. 30, 2016
Notes to Financial Statements  
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 – an aggregation of seven operating segments that manufacture and sell commercial food service equipment;
Engraving – provides mold texturizing, slush molding tools, project management and design services, roll engraving, hygiene product tooling, low observation vents for stealth aircraft, and process machinery for a number of industries;
Engineering Technologies – provides net and near net formed single-source customized solutions in the manufacture of engineered components for the aviation, aerospace, defense, energy, industrial, medical, marine, oil and gas, and manned and unmanned space markets.
Electronics – manufacturing and selling of electronic components for applications throughout the end-user market spectrum; and
Hydraulics – 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
September 30, 2016 and 2015 were as follows (in thousands):
 
 
 
Three Months Ended
September
3
0
,
 
 
 
Net Sales
 
 
Income from Operations
 
 
 
2016
 
 
2015
 
 
2016
 
 
2015
 
Segment:
                               
Food Service Equipment
  $ 92,651     $ 107,213     $ 9,488     $ 14,024  
Engraving
    26,730       33,521       7,398       9,907  
Engineering Technologies
    18,721       18,711       1,496       675  
Electronics
    30,651       27,986       6,473       5,550  
Hydraulics
    10,847       10,967       2,129       1,976  
Restructuring costs
                    (394 )     (1,519 )
Corporate
                    (6,820 )     (7,510 )
Sub-total
  $ 179,600     $ 198,398     $ 19,770     $ 23,103  
Interest expense
                    (697 )     (644 )
Other non-operating income
                    434       190  
Income from continuing operations before income taxes
    $ 19,507     $ 22,649  
 
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 September 30, 2016 and June 30, 2016 are as follows (in thousands):
 
 
 
September
3
0
,
2
01
6
   
June 30,
2016
 
Food Service Equipment
  $ 206,518     $ 206,875  
Engraving
    120,241       116,790  
Engineering Technologies
    144,770       144,362  
Electronics
    110,032       109,653  
Hydraulics
    27,260       26,282  
Corporate & Other
    84,138       86,495  
Total
  $ 692,959     $ 690,457