XML 32 R21.htm IDEA: XBRL DOCUMENT
v3.8.0.1

Note 15 - Industry Segment Information | 6 Months Ended
--- | ---
Dec. 31, 2017
Notes to Financial Statements |
Segment Reporting Disclosure [Text Block] | 1 5 ) 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, tool finishing, 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 December 31, 2017 and 2016 were as follows (in thousands):
|  | Three Months Ended December 31 , |
|  | Net Sales |  |  | Income from Operations |
|  | 201 7 |  |  | 201 6 |  |  | 201 7 |  |  | 201 6 |
Segment: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Food Service Equipment |  | $ | 97,222 |  |  | $ | 92,200 |  |  | $ | 7,841 |  |  | $ | 7,206 |
Engraving |  |  | 33,879 |  |  |  | 25,861 |  |  |  | 6,796 |  |  |  | 6,510 |
Engineering Technologies |  |  | 21,928 |  |  |  | 18,549 |  |  |  | 1,529 |  |  |  | 1,877 |
Electronics |  |  | 46,035 |  |  |  | 28,497 |  |  |  | 10,221 |  |  |  | 6,091 |
Hydraulics |  |  | 10,687 |  |  |  | 8,747 |  |  |  | 1,496 |  |  |  | 979 |
Restructuring costs |  |  |  |  |  |  |  |  |  |  | (1,966 | ) |  |  | (1,664 | )
Corporate |  |  |  |  |  |  |  |  |  |  | (7,036 | ) |  |  | (6,262 | )
Acquisition-related costs |  |  |  |  |  |  |  |  |  |  | (703 | ) |  |  | (1,503 | )
Sub-total |  | $ | 209,751 |  |  | $ | 173,854 |  |  | $ | 18,178 |  |  | $ | 13,234 |
Interest expense |  |  |  |  |  |  |  |  |  |  | (1,793 | ) |  |  | (850 | )
Other non-operating income |  |  |  |  |  |  |  |  |  |  | 453 |  |  |  | 332 |
Income from continuing operations before income taxes |  |  |  |  |  |  |  |  |  | $ | 16,838 |  |  | $ | 12,716 |
|  | Six Months Ended December 31, |
|  | Net Sales |  |  | Income from Operations |
|  | 2017 |  |  | 2016 |  |  | 2017 |  |  | 2016 |
Segment: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Food Service Equipment |  | $ | 200,287 |  |  | $ | 184,852 |  |  | $ | 18,266 |  |  | $ | 16,694 |
Engraving |  |  | 66,708 |  |  |  | 52,591 |  |  |  | 14,216 |  |  |  | 13,907 |
Engineering Technologies |  |  | 42,195 |  |  |  | 37,269 |  |  |  | 2,695 |  |  |  | 3,372 |
Electronics |  |  | 92,850 |  |  |  | 59,148 |  |  |  | 20,457 |  |  |  | 12,565 |
Hydraulics |  |  | 22,090 |  |  |  | 19,594 |  |  |  | 3,348 |  |  |  | 3,108 |
Restructuring costs |  |  |  |  |  |  |  |  |  |  | (4,970 | ) |  |  | (2,058 | )
Acquisition-related costs |  |  |  |  |  |  |  |  |  |  | (1,708 | ) |  |  | (1,503 | )
Corporate |  |  |  |  |  |  |  |  |  |  | (13,980 | ) |  |  | (13,081 | )
Sub-total |  | $ | 424,130 |  |  | $ | 353,454 |  |  | $ | 38,324 |  |  | $ | 33,004 |
Interest expense |  |  |  |  |  |  |  |  |  |  | (3,514 | ) |  |  | (1,547 | )
Other non-operating income |  |  |  |  |  |  |  |  |  |  | 1,057 |  |  |  | 766 |
Income from continuing operations before income taxes |  |  |  |  |  |  |  |  |  | $ | 35,867 |  |  | $ | 32,223 |
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 December 31, 2017 and June 30, 2017 are as follows (in thousands):
|  | December 31 , 201 7 |  |  | June 30, 201 7 |
Food Service Equipment |  | $ | 245,688 |  |  | $ | 243,414 |
Engraving |  |  | 150,769 |  |  |  | 115,664 |
Engineering Technologies |  |  | 151,908 |  |  |  | 150,805 |
Electronics |  |  | 290,044 |  |  |  | 292,776 |
Hydraulics |  |  | 24,651 |  |  |  | 21,405 |
Corporate & Other |  |  | 53,610 |  |  |  | 43,612 |
Total |  | $ | 916,670 |  |  | $ | 867,676 |

X
- References No definition available. + Details
Name: | us-gaap_DisclosureTextBlockAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- 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 + Details
Name: | us-gaap_SegmentReportingDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration