XML 35 R24.htm IDEA: XBRL DOCUMENT v3.8.0.1
Note 2 - Acquisitions (Tables)
3 Months Ended
Sep. 30, 2017
Notes Tables  
Business Acquisition, Pro Forma Information [Table Text Block]
   
(Unaudited Pro Forma)
 
   
For
quarters
ended

September
30,
 
In thousands
 
2017
   
2016
 
Net Sales
  $
214,379
    $
197,277
 
Net Income
  $
14,185
    $
15,029
 
                 
Earnings per share:
               
Basic
  $
1.12
    $
1.19
 
Diluted
  $
1.11
    $
1.17
 
Business Combination, Acquisition Related Costs [Table Text Block]
   
Three Months Ended
 
   
September 30
,
 
   
2017
   
2016
 
Deferred compensation arrangements
  $
703
    $
-
 
Acquisition-related costs
   
302
     
-
 
Total
  $
1,005
    $
-
 
Horizon Scientific Inc. [Member]  
Notes Tables  
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block]
   
Final
 
Fair value of business combination:
       
Cash payments
  $
26,457
 
Identified cash and net working capital adjustment
   
341
 
Less: cash acquired
   
(1,797
)
Total
  $
25,001
 
Identifiable assets acquired and liabilities assumed:
       
Current assets
  $
4,863
 
Inventories
   
4,470
 
Property, plant, and equipment
   
1,616
 
Identifiable intangible assets
   
16,150
 
Goodwill
   
6,660
 
Liabilities assumed
   
(2,374
)
Deferred taxes
   
(6,384
)
Total
  $
25,001
 
Standex Electronics Japan Corporation [Member]  
Notes Tables  
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block]
   
Preliminary
Allocation
   
 
 
   
Adjusted
Allocation
 
   
March 31,
2017
   
Adjustments
 
 
September
30,
2017
 
Fair value of business combination:
                       
Cash payments
  $
137,676
    $
-
    $
137,676
 
Less: cash acquired
   
(8,521
)    
-
     
(8,521
)
Total
  $
129,155
    $
-
    $
129,155
 
Identifiable assets acquired and liabilities assumed:
                       
Other acquired assets
  $
12,497
    $
(366
)   $
12,131
 
Inventories
   
7,387
     
815
     
8,202
 
Property, plant, and equipment
   
12,703
     
5,750
     
18,453
 
Identifiable intangible assets
   
53,800
     
(2,400
)    
51,400
 
Goodwill
   
75,985
     
1,646
     
77,631
 
Liabilities assumed
   
(10,811
)    
(8,405
)    
(19,216
)
Deferred taxes
   
(22,406
)    
2,960
     
(19,446
)
Total
  $
129,155
    $
-
    $
129,155
 
Piazza Rosa Group [Member]  
Notes Tables  
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block]
   
Preliminary
Allocation
 
   
September
30,
2017
 
Fair value of business combination:
       
Cash payments
  $
12,889
 
Less: cash paid to satisfy acquired debt
   
(2,833
)
Total
  $
10,056
 
Identifiable assets acquired and liabilities assumed:
       
Other acquired assets
  $
2,678
 
Inventories
   
637
 
Property, plant, and equipment
   
5,005
 
Identifiable intangible assets
   
4,087
 
Goodwill
   
6,218
 
Liabilities assumed
   
(7,387
)
Deferred taxes
   
(1,182
)
Total
  $
10,056