)

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, 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

and

six

months ended

December 31, 2018

and

2017

were as follows (in thousands):

	Three Months Ended December 31 ,
	Net Sales				Income from Operations
	201 8		201 7		201 8			201 7
Segment:
Food Service Equipment	$	68,653	$	73,165	$	5,190		$	5,968
Engraving		38,485		33,879		6,849			6,958
Engineering Technologies		23,568		21,928		2,061			1,543
Electronics		52,700		46,035		10,376			10,269
Hydraulics		12,116		10,687		1,929			1,517
Restructuring costs						(177	)		(1,775	)
Corporate						(5,162	)		(6,732	)
Acquisition-related costs						(859	)		(703	)
Sub-total	$	195,522	$	185,694	$	20,207		$	17,045
Interest expense						(3,123	)		(1,793	)
Other non-operating expense						(750	)		(242	)
Income from continuing operations before income taxes					$	16,334		$	15,010

	Six Months Ended December 31,
	Net Sales				Income from Operations
	2018		2017		2018			2017
Segment:
Food Service Equipment	$	140,991	$	150,992	$	11,857		$	14,287
Engraving		74,466		66,708		14,398			14,540
Engineering Technologies		44,351		42,195		3,836			2,724
Electronics		104,150		92,851		23,163			20,552
Hydraulics		24,651		22,090		3,512			3,389
Restructuring costs						(624	)		(4,732	)
Acquisition-related costs						(1,547	)		(1,708	)
Corporate						(11,743	)		(13,355	)
Sub-total	$	388,609	$	374,836	$	42,852		$	35,697
Interest expense						(5,368	)		(3,514	)
Other non-operating expense						(1,015	)		(336	)
Income from continuing operations before income taxes					$	36,469		$	31,847

Net sales include only transactions with unaffiliated customers and include

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, 2018

and

June 30, 2018

are as follows (in thousands):