XML 71 R57.htm IDEA: XBRL DOCUMENT v3.7.0.1
Note 2 - Acquisitions (Details Textual) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended 9 Months Ended 12 Months Ended
Mar. 31, 2017
Oct. 01, 2015
Jun. 30, 2017
Mar. 31, 2017
Dec. 31, 2016
Jun. 30, 2017
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2018
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2015
Business Combination, Contingent Consideration, Liability [1]     $ 2,108     $ 2,108 $ 2,108     $ 2,108    
Goodwill     242,690     242,690 242,690 $ 157,354   242,690 $ 157,354 $ 154,732
Business Combination, Deferred Compensation Arrangements                   2,108    
Business Combination, Acquisition Related Costs       $ 5,700           5,735    
Amortization of Intangible Assets                   5,000 3,600 2,800
Depreciation                   14,700 13,700 13,400
Interest Expense                   4,043 2,871 3,161
Payments to Acquire Businesses, Net of Cash Acquired                   $ 153,815 13,700 $ 57,149
Developed Technology Rights [Member]                        
Finite-Lived Intangible Asset, Useful Life                   15 years    
Customer Relationships [Member] | Minimum [Member]                        
Finite-Lived Intangible Asset, Useful Life                   5 years    
Customer Relationships [Member] | Maximum [Member]                        
Finite-Lived Intangible Asset, Useful Life                   16 years    
Noncompete Agreements [Member] | Minimum [Member]                        
Finite-Lived Intangible Asset, Useful Life                   5 years    
Noncompete Agreements [Member] | Maximum [Member]                        
Finite-Lived Intangible Asset, Useful Life                   10 years    
Standex Electronics Japan Corporation [Member]                        
Business Acquisition, Percentage of Voting Interests Acquired 100.00%     100.00%                
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill $ 53,800   51,400 $ 53,800   51,400 51,400     $ 51,400    
Goodwill, Purchase Accounting Adjustments     2,916                  
Business Combination, Provisional Information, Initial Accounting Incomplete, Adjustment, Intangibles     (2,400)                  
Goodwill 75,985   78,901 75,985   78,901 78,901     78,901    
Business Combination, Acquisition Related Costs                   4,200    
Payments to Acquire Businesses, Net of Cash Acquired 129,155     129,200   129,155            
Standex Electronics Japan Corporation [Member] | Investor Banker Fees [Member]                        
Business Combination, Acquisition Related Costs       2,700                
Standex Electronics Japan Corporation [Member] | Third Party Due Diligence Expenses [Member]                        
Business Combination, Acquisition Related Costs       3,000                
Standex Electronics Japan Corporation [Member] | Fair Value Adjustment to Intangible Assets [Member]                        
Amortization of Intangible Assets                   1,800 2,300  
Standex Electronics Japan Corporation [Member] | Fair Value Adjustment to Fixed Assets [Member]                        
Depreciation                   900 1,100  
Standex Electronics Japan Corporation [Member] | Fair Value Adjustment to Credit Facility [Member]                        
Interest Expense                   800 1,000  
Standex Electronics Japan Corporation [Member] | Developed Technology Rights [Member]                        
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Finite-Lived Intangibles 50,100     $ 50,100                
Business Combination, Provisional Information, Initial Accounting Incomplete, Adjustment, Intangibles     (2,300)                  
Standex Electronics Japan Corporation [Member] | Developed Technology Rights [Member] | Minimum [Member]                        
Finite-Lived Intangible Asset, Useful Life       10 years                
Standex Electronics Japan Corporation [Member] | Developed Technology Rights [Member] | Maximum [Member]                        
Finite-Lived Intangible Asset, Useful Life       20 years                
Standex Electronics Japan Corporation [Member] | Customer Relationships [Member]                        
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Finite-Lived Intangibles 3,600     $ 3,600                
Acquired Finite-lived Intangible Assets, Weighted Average Useful Life       15 years                
Business Combination, Provisional Information, Initial Accounting Incomplete, Adjustment, Intangibles     (200)                  
Standex Electronics Japan Corporation [Member] | Order or Production Backlog [Member]                        
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Finite-Lived Intangibles $ 100     $ 100                
Business Combination, Provisional Information, Initial Accounting Incomplete, Adjustment, Intangibles     100                  
Horizon Scientific Inc. [Member]                        
Business Acquisition, Percentage of Voting Interests Acquired         100.00%              
Business Combination, Contingent Consideration, Liability         $ 8,400              
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill     16,150   17,550 16,150 16,150     16,150    
Goodwill, Purchase Accounting Adjustments     1,200     1,208            
Business Combination, Provisional Information, Initial Accounting Incomplete, Adjustment, Intangibles           (1,400)            
Goodwill     $ 6,660   5,452 $ 6,660 6,660     6,660    
Business Combination, Deferred Compensation Due on Second Anniversary         2,800              
Business Combination, Deferred Compensation Due on Third Anniversary         5,600              
Business Combination, Deferred Compensation Arrangements                   $ 2,100    
Payments to Acquire Businesses, Net of Cash Acquired         24,660   $ 25,001          
Horizon Scientific Inc. [Member] | Trademarks [Member]                        
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Indefinite-Lived Intangible Assets         1,200              
Horizon Scientific Inc. [Member] | Scenario, Forecast [Member]                        
Payments for Previous Acquisition                 $ 300      
Horizon Scientific Inc. [Member] | Customer Relationships [Member]                        
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Finite-Lived Intangibles         $ 16,100              
Acquired Finite-lived Intangible Assets, Weighted Average Useful Life         15 years              
Horizon Scientific Inc. [Member] | Order or Production Backlog [Member]                        
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Finite-Lived Intangibles         $ 300              
Wisconsin-based Northlake Engineering, Inc [Member]                        
Business Acquisition, Percentage of Voting Interests Acquired   100.00%                    
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill   $ 6,800           6,824     6,824  
Goodwill   5,100           5,121     $ 5,121  
Payments to Acquire Businesses, Net of Cash Acquired   13,700           $ 13,700        
Wisconsin-based Northlake Engineering, Inc [Member] | Trademarks [Member]                        
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill   2,400                    
Wisconsin-based Northlake Engineering, Inc [Member] | Customer Relationships [Member]                        
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill   $ 4,100                    
Acquired Finite-lived Intangible Assets, Weighted Average Useful Life   12 years 182 days                    
Wisconsin-based Northlake Engineering, Inc [Member] | Noncompete Agreements [Member]                        
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Finite-Lived Intangibles   $ 300                    
Acquired Finite-lived Intangible Assets, Weighted Average Useful Life   5 years                    
[1] The fair value of our contingent consideration arrangement is determined based on our evaluation as to the probability and amount of any deferred compensation that has been earned to date.