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Note 17 - Industry Segment Information

3 Months Ended

Sep. 30, 2018

Notes to Financial Statements

Segment Reporting Disclosure [Text Block]

1

7

)     

Industry Segment Information

The Company has determined that it has

five

reportable segments organized around the types of product sold:

• Food Service Equipment – a manufacturer of 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, 2018

and

2017

were as follows (in thousands):

		Three Months Ended September 3 0 ,
		Net Sales								Income from Operations
		201 8				201 7				201 8				201 7
Segment:
Food Service Equipment		$	72,331			$	77,827			$	6,668			$	8,319
Engraving			35,979				32,829				7,547				7,596
Engineering Technologies			20,784				20,267				1,775				1,181
Electronics			51,450				46,816				12,787				10,283
Hydraulics			12,536				11,403				1,583				1,872
Restructuring costs											(447	)			(2,958	)
Corporate											(6,580	)			(6,637	)
Acquisition-related costs											(688	)			(1,005	)
Sub-total		$	193,080			$	189,142			$	22,645			$	18,651
Interest expense											(2,244	)			(1,721	)
Other non-operating income											(201	)			29
Income from continuing operations before income taxes										$	20,200			$	16,959

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, 2018

and

June 30, 2018

are as follows (in thousands):

		September 30, 2018				June 30, 2018
Food Service Equipment		$	154,507			$	149,743
Engraving			218,346				149,973
Engineering Technologies			143,413				150,150
Electronics			337,364				318,564
Hydraulics			27,937				25,646
Corporate & Other			29,992				23,031
Discontinued Operations			98,048				99,830
Total		$	1,009,607			$	916,937

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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://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-URI http://asc.fasb.org/topic&trid=2134510

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