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Note 16 - Industry Segment Information | 6 Months Ended
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Dec. 31, 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 eight 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 from continuing operations by segment for the three and six months ended December 31, 2016 and 2015 were as follows (in thousands):
|  | Three Months Ended December 31, |
|  | Net Sales |  |  | Income from Operations |
|  | 2016 |  |  | 2015 |  |  | 2016 |  |  | 2015 |
Segment: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Food Service Equipment |  | $ | 92,200 |  |  | $ | 90,936 |  |  | $ | 7,206 |  |  | $ | 6,704 |
Engraving |  |  | 25,861 |  |  |  | 31,935 |  |  |  | 6,510 |  |  |  | 7,443 |
Engineering Technologies |  |  | 18,549 |  |  |  | 20,711 |  |  |  | 1,877 |  |  |  | 2,093 |
Electronics |  |  | 28,497 |  |  |  | 28,350 |  |  |  | 6,091 |  |  |  | 4,525 |
Hydraulics |  |  | 8,747 |  |  |  | 10,016 |  |  |  | 979 |  |  |  | 1,519 |
Restructuring costs |  |  |  |  |  |  |  |  |  |  | (1,664 | ) |  |  | (1,477 | )
Acquisition-related costs |  |  |  |  |  |  |  |  |  |  | (1,503 | ) |  |  | - |
Corporate |  |  |  |  |  |  |  |  |  |  | (6,262 | ) |  |  | (4,745 | )
Sub-total |  | $ | 173,854 |  |  | $ | 181,948 |  |  | $ | 13,234 |  |  | $ | 16,062 |
Interest expense |  |  |  |  |  |  |  |  |  |  | (850 | ) |  |  | (731 | )
Other non-operating income |  |  |  |  |  |  |  |  |  |  | 332 |  |  |  | 294 |
Income from continuing operations before income taxes |  |  |  |  |  |  | $ | 12,716 |  |  | $ | 15,625 |
|  | Six Months Ended December 31, |
|  | Net Sales |  |  | Income from Operations |
|  | 2016 |  |  | 2015 |  |  | 2016 |  |  | 2015 |
Segment: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Food Service Equipment |  | $ | 184,852 |  |  | $ | 198,149 |  |  | $ | 16,694 |  |  | $ | 20,728 |
Engraving |  |  | 52,591 |  |  |  | 65,456 |  |  |  | 13,907 |  |  |  | 17,350 |
Engineering Technologies |  |  | 37,269 |  |  |  | 39,422 |  |  |  | 3,372 |  |  |  | 2,768 |
Electronics |  |  | 59,148 |  |  |  | 56,336 |  |  |  | 12,565 |  |  |  | 10,075 |
Hydraulics |  |  | 19,594 |  |  |  | 20,983 |  |  |  | 3,108 |  |  |  | 3,495 |
Restructuring costs |  |  |  |  |  |  |  |  |  |  | (2,058 | ) |  |  | (2,996 | )
Acquisition-related costs |  |  |  |  |  |  |  |  |  |  | (1,503 | ) |  |  | - |
Corporate |  |  |  |  |  |  |  |  |  |  | (13,081 | ) |  |  | (12,255 | )
Sub-total |  | $ | 353,454 |  |  | $ | 380,346 |  |  | $ | 33,004 |  |  | $ | 39,165 |
Interest expense |  |  |  |  |  |  |  |  |  |  | (1,547 | ) |  |  | (1,375 | )
Other non-operating income |  |  |  |  |  |  |  |  |  |  | 766 |  |  |  | 484 |
Income from continuing operations before income taxes |  |  |  |  |  |  | $ | 32,223 |  |  | $ | 38,274 |
Net sales include only transactions with unaffiliated customers and include no intersegment sales. Income from operations by segment excludes interest expense and other non-operating income. The Company’s identifiable assets at December 31, 2016 and June 30, 2016 are as follows (in thousands):
|  | December 31, 2016 |  |  | June 30, 2016 * |
Food Service Equipment |  | $ | 231,946 |  |  | $ | 206,875 |
Engraving |  |  | 119,902 |  |  |  | 117,026 |
Engineering Technologies |  |  | 146,527 |  |  |  | 147,866 |
Electronics |  |  | 114,416 |  |  |  | 114,001 |
Hydraulics |  |  | 18,642 |  |  |  | 19,084 |
Corporate & Other |  |  | 79,296 |  |  |  | 85,605 |
Total |  | $ | 710,729 |  |  | $ | 690,457 |
* The identified assets as of June 30, 2016 for certain segments have been revised from amounts previously reported due to certain immaterial allocation differences.

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- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 34 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8981-108599 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e9038-108599 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 33 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8971-108599 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8595-108599 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8380-108599 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8933-108599 Reference 7: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 26 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8844-108599 Reference 8: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 35 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8984-108599 Reference 9: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 40 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e9031-108599 Reference 10: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 42 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e9054-108599 Reference 11: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 10 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8538-108599 Reference 12: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 29 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8864-108599 Reference 13: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8924-108599 Reference 14: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8906-108599 + Details
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