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Note 18 - Industry Segment Information | 9 Months Ended
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Mar. 31, 2021
Notes to Financial Statements |
Segment Reporting Disclosure [Text Block] | 18) Industry Segment Information In the fourth quarter of fiscal year 2020, the Company reviewed the quantitative and qualitative characteristics of its businesses and determined that it has seven operating segments that aggregate to five reportable segments. The reportable segments are organized around the types of products sold:
| • | Electronics – manufactures and sells electronic components for applications throughout the end-user market spectrum;
| • | 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;
| • | Scientific – sells specialty temperature-controlled equipment for the medical, scientific, pharmaceutical, biotech and industrial markets;
| • | 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;
| • | Specialty Solutions – an aggregation of three operating segments that manufacture and sell refrigerated, heated and dry merchandizing display cases, custom fluid pump solutions, and single and double acting telescopic and piston rod hydraulic cylinders.
All periods presented have been revised accordingly to reflect the new reportable segments. Net sales and income (loss) from continuing operations by segment were as follows (in thousands):
|  | Three Months Ended March 31, |
|  | Net Sales |  |  | Income from Operations |
|  | 2021 |  |  | 2020 |  |  | 2021 |  |  | 2020 |
Segment: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Electronics |  | $ | 65,085 |  |  | $ | 48,069 |  |  | $ | 12,364 |  |  | $ | 8,017 |
Engraving |  |  | 36,026 |  |  |  | 35,431 |  |  |  | 4,510 |  |  |  | 4,472 |
Scientific |  |  | 24,221 |  |  |  | 14,670 |  |  |  | 5,803 |  |  |  | 3,204 |
Engineering Technologies |  |  | 19,951 |  |  |  | 26,730 |  |  |  | 1,245 |  |  |  | 3,098 |
Specialty Solutions |  |  | 26,933 |  |  |  | 30,574 |  |  |  | 4,251 |  |  |  | 4,879 |
Corporate |  |  | - |  |  |  | - |  |  |  | (7,162 | ) |  |  | (6,048 | )
Restructuring costs |  |  | - |  |  |  | - |  |  |  | (482 | ) |  |  | (593 | )
Loss on sale of business |  |  | - |  |  |  | - |  |  |  | (14,624 | ) |  |  | - |
Acquisition-related costs |  |  | - |  |  |  | - |  |  |  | (255 | ) |  |  | (120 | )
Sub-total |  | $ | 172,216 |  |  | $ | 155,474 |  |  | $ | 5,650 |  |  | $ | 16,909 |
Interest expense |  |  |  |  |  |  |  |  |  |  | 1,317 |  |  |  | 1,774 |
Other non-operating (income) expense |  |  |  |  |  |  |  |  |  |  | 306 |  |  |  | (238 | )
Income from continuing operations before income taxes |  |  |  |  |  |  |  |  |  | $ | 4,027 |  |  | $ | 15,373 |
|  | Nine Months Ended March 31, |
|  | Net Sales |  |  | Income from Operations |
|  | 2021 |  |  | 2020 |  |  | 2021 |  |  | 2020 |
Segment: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Electronics |  | $ | 180,524 |  |  | $ | 140,521 |  |  | $ | 30,861 |  |  | $ | 23,892 |
Engraving |  |  | 110,377 |  |  |  | 112,118 |  |  |  | 16,884 |  |  |  | 17,925 |
Scientific |  |  | 58,777 |  |  |  | 44,834 |  |  |  | 14,113 |  |  |  | 10,965 |
Engineering Technologies |  |  | 55,091 |  |  |  | 77,869 |  |  |  | 3,076 |  |  |  | 9,879 |
Specialty Solutions |  |  | 75,028 |  |  |  | 89,808 |  |  |  | 11,368 |  |  |  | 14,867 |
Corporate |  |  | - |  |  |  | - |  |  |  | (21,607 | ) |  |  | (22,688 | )
Restructuring costs |  |  | - |  |  |  | - |  |  |  | (2,478 | ) |  |  | (2,792 | )
Loss on sale of business |  |  | - |  |  |  | - |  |  |  | (14,624 | ) |  |  | - |
Acquisition-related costs |  |  | - |  |  |  | - |  |  |  | (850 | ) |  |  | (1,650 | )
Sub-total |  | $ | 479,797 |  |  | $ | 465,150 |  |  | $ | 36,743 |  |  | $ | 50,398 |
Interest expense |  |  |  |  |  |  |  |  |  |  | 4,403 |  |  |  | 5,820 |
Other non-operating (income) expense |  |  |  |  |  |  |  |  |  |  | 73 |  |  |  | (566 | )
Income from continuing operations before income taxes |  |  |  |  |  |  |  |  |  | $ | 32,267 |  |  | $ | 45,144 |
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.

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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://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8924-108599 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 34 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8981-108599 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8721-108599 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 40 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e9031-108599 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (f) -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8933-108599 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (e) -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8933-108599 Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 26 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8844-108599 Reference 8: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e9038-108599 Reference 9: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8933-108599 Reference 10: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8736-108599 Reference 11: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 42 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e9054-108599 Reference 12: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 15 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8657-108599 Reference 13: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8721-108599 Reference 14: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -URI http://asc.fasb.org/topic&trid=2134510 + Details
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