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Note 3 - Revenue From Contracts With Customers (Tables)

3 Months Ended

Sep. 30, 2018

Notes Tables

Schedule of New Accounting Pronouncements and Changes in Accounting Principles [Table Text Block]

		Cumulative
(in thousands)		Effect
Net sales		$	(799	)
Cost of Sales			(574	)
Income tax expense			340
Net Loss		$	(1,033	)

Effective Date		Reported June 30, 2018				ASC 606 Adjustments				As Adjusted July 1, 2018
Inventories		$	127,223			$	(574	)		$	126,649
Accounts receivable			134,228				703				134,931
Accrued liabilities			65,575				1,502				67,077
Deferred income taxes			26,816				(340	)			26,476
Retained earnings			761,430				(1,033	)			760,397

		Three Months Ended September 30, 2018
		As Presented				Impact of ASC 606				Balances Without adoption of ASC 606
Net sales		$	193,080			$	(3,043	)		$	190,037
Cost of sales			123,828				(2,496	)			121,332
Gross profit			69,252				(547	)			68,705
Selling, general, and administrative expenses			45,472								45,472
Restructuring costs			447								447
Acquisition related expenses			688								688
Total operating expenses			46,607								46,607
Income from operations			22,645				(547	)			22,098
Interest expense			(2,244	)							(2,244	)
Other non-operating income (expense)			(201	)							(201	)
Income from continuing operations before income taxes			20,200				(547	)			19,653
Provision for income taxes			5,842				(158	)			5,684
Income from continuing operations			14,358				(389	)			13,969
Income (loss) from discontinued operations, net of income taxes			1,499				24				1,523
Net income (loss)		$	15,857			$	(365	)		$	15,492
Basic earnings (loss) per share:
Continuing operations		$	1.13			$	(.03	)		$	1.10
Discontinued operations			0.12				0.0				0.12
Total		$	1.25			$	(0.3	)		$	1.22
Diluted earnings (loss) per share:
Continuing operations		$	1.12			$	(0.3	)		$	1.09
Discontinued operations			0.12				0.0				0.12
Total		$	1.24			$	(0.3	)		$	1.21

		Three Months Ended September 30, 2018
		As Presented				Impact of ASC 606				Balances Without adoption of ASC 606
Cash and cash equivalents		$	109,270			$				$	109,270
Accounts receivable, net			123,804				(3,263	)			120,541
Inventories			111,687				2,496				114,183
Prepaid expenses and other current assets			15,135								15,135
Income taxes receivable			615								615
Current assets- Discontinued Operations			36,315								36,315
Total current assets			396,826				(767	)			396,059
Property, plant and equipment, net			139,707								139,707
Intangible assets, net			110,416								110,416
Goodwill			263,021								263,021
Deferred tax asset			6,816								6,816
Other non-current assets			31,088								31,088
Long-term assets- Discontinued Operations			61,733								61,733
Total non-current assets			612,781								612,781
Total Assets		$	1,009,607			$	(767	)		$	1,008,840
Accounts Payable		$	63,161			$				$	63,161
Accrued liabilities			57,868				(220	)			57,648
Income taxes payable			5,790				(158	)			5,632
Current liabilities- Discontinued Operations			17,950				(24	)			17,926
Total current liabilities			144,769				(402	)			144,367
Long-term debt			299,438								299,438
Accrued pension and other non-current liabilities			105,320								105,320
Non-current liabilities- Discontinued Operations			50								50
Total non-current liabilities			404,808								404,808
Stockholders’ equity:
Common stock			41,976								41,976
Additional paid-in capital			63,280								63,280
Retained earnings			773,938				(365	)			773,573
Accumulated other comprehensive loss			(127,105	)							(127,105	)
Treasury shares			(292,059	)							(292,059	)
Total stockholders’ equity			460,030				(365	)			459,665
Total liabilities and stockholders’ equity		$	1,009,607			$	(767	)		$	1,008,840

Disaggregation of Revenue [Table Text Block]

		Three Months Ended
Revenue by Product Line		September 30, 2018				September 30, 2017
Refrigeration		$	54,545			$	59,742
Merchandising & Display			9,058				8,747
Pumps			8,728				9,338
Total Food Service Equipment			72,331				77,827
Engraving Services			33,855				29,993
Engraving Products			2,124				2,836
Total Engraving			35,979				32,829
Engineering Technologies Components			20,784				20,267
Total Engineering Technologies			20,784				20,267
Electronics			51,450				46,816
Hydraulics Cylinders and System			12,536				11,403
Total Hydraulics			12,536				11,403
Total Revenue by Product Line		$	193,080			$	189,142

		Three Months Ended
Revenues by Type		September 30, 2018				September 30, 2017
Parts, Components and Finished Goods		$	159,225			$	159,149
Services			33,855				29,993
Total Revenue		$	193,080			$	189,142

		Three Months Ended
Net sales		September 30, 2018
United States		$	124,729
Asia Pacific			27,878
EMEA (1)			35,526
Other Americas			4,947
Total		$	193,080

		Three Months Ended
Timing of Revenue Recognition		September 30, 2018				September 30, 2017
Products and services transferred at a point in time		$	187,898			$	185,513
Products transferred over time			5,182				3,629
Net Sales		$	193,080			$	189,142

Contract with Customer, Asset and Liability [Table Text Block]

		Balance at Beginning of Period				Additions				Deductions				Balance at End of Period
Fiscal quarter ended September 30, 2018
Contract assets:
Accounts receivable		$	5,655			$	5,422			$	9,525			$	1,552
Unbilled services			5,904				2,960				1,681				7,183
Contract liabilities:
Customer deposits			2,552				-				503				2,049

Revenue recognized in the period from:		September 30, 2018
Amounts included in the contract liability balance at the beginning of the period		$	503

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