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Note 16 - Industry Segment Information
 3 Months Ended
Sep. 30, 2024
Notes to Financial Statements  
Segment Reporting Disclosure [Text Block]

16)     Industry Segment Information

 

The Company has five reportable segments 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 two operating segments that manufacture and sell refrigerated, heated and dry merchandizing display cases and single and double acting telescopic and piston rod hydraulic cylinders. 

 

Net sales and income (loss) from continuing operations by segment were as follows (in thousands):

 

  

Three Months Ended September 30,

 
  

Net Sales

  

Income from Operations

 
  

2024

  

2023

  

2024

  

2023

 

Industry segment:

                

Electronics

 $77,733  $81,688  $17,027  $16,334 

Engraving

  33,363   40,794   5,824   7,595 

Scientific

  17,693   18,193   4,749   4,930 

Engineering Technologies

  20,530   18,220   4,010   3,017 

Specialty Solutions

  21,145   25,879   3,548   5,617 

Corporate

  -   -   (8,133)  (8,443)

Restructuring costs

  -   -   (1,086)  (1,906)

Gain on sale of business

  -   -   -   274 

Acquisition related costs

  -   -   (1,840)  (501)

Sub-total

 $170,464  $184,774  $24,099  $26,917 

Interest expense

          977   1,276 

Other non-operating (income) expense

          (28)  846 

Income from continuing operations before income taxes

         $23,150  $24,795 

 

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.