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Note 16 - Industry Segment Information

3 Months Ended

Sep. 30, 2017

Notes to Financial Statements

Segment Reporting Disclosure [Text Block]

1

6

)     

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

(loss) from continuing operations by segment for the

three

months ended

September 30, 2017

and

2016

were as follows (in thousands):

		Three Months Ended September 3 0 ,
		Net Sales								Income from Operations
		201 7				201 6				201 7				201 6
Segment:
Food Service Equipment		$	103,064			$	92,651			$	10,424			$	9,488
Engraving			32,829				26,730				7,420				7,398
Engineering Technologies			20,267				18,721				1,167				1,496
Electronics			46,816				30,651				10,236				6,473
Hydraulics			11,403				10,847				1,851				2,129
Restructuring costs											(3,004	)			(394	)
Corporate											(6,943	)			(6,820	)
Acquisition-related costs											(1,005	)			-
Sub-total		$	214,379			$	179,600			$	20,146			$	19,770
Interest expense											(1,721	)			(697	)
Other non-operating income											604				434
Income from cont inuing operations before income taxes										$	19,029			$	19,507

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, 2017

and

June 30, 2017

are as follows (in thousands):

		September 3 0 , 201 7				June 30, 201 7
Food Service Equipment		$	250,595			$	243,414
Engraving			138,265				115,664
Engineering Technologies			146,715				150,805
Electronics			284,201				292,776
Hydraulics			22,761				21,405
Corporate & Other			37,403				43,612
Total		$	879,940			$	867,676

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- References

No definition available.

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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
-URI http://asc.fasb.org/topic&trid=2134510

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