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Note 16 - Industry Segment Information
 6 Months Ended
Dec. 31, 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 December 31,

 
  

Net Sales

  

Income from Operations

 
  

2024

  

2023

  

2024

  

2023

 

Industry segment:

                

Electronics

 $95,923  $79,419  $17,419  $15,850 

Engraving

  31,454   40,845   4,122   8,910 

Scientific

  18,477   16,292   4,718   4,248 

Engineering Technologies

  22,649   19,887   3,692   3,405 

Specialty Solutions

  21,311   21,957   3,562   3,965 

Corporate

  -   -   (7,730)  (7,991)

Restructuring costs

  -   -   (920)  (1,360)

Acquisition related costs

  -   -   (16,400)  (1,195)

Sub-total

 $189,814  $178,400  $8,463  $25,832 

Interest expense

          5,575   1,019 

Other non-operating (income) expense

          890   332 

Income from continuing operations before income taxes

         $1,998  $24,481 

 

  

Six Months Ended December 31,

 
  

Net Sales

  

Income from Operations

 
  

2024

  

2023

  

2024

  

2023

 

Industry segment:

                

Electronics

 $173,656  $161,107  $34,447  $32,184 

Engraving

  64,817   81,639   9,946   16,505 

Scientific

  36,170   34,485   9,467   9,178 

Engineering Technologies

  43,179   38,107   7,702   6,422 

Specialty Solutions

  42,456   47,836   7,110   9,582 

Corporate

  -   -   (15,864)  (16,434)

Restructuring costs

  -   -   (2,006)  (3,266)

Gain on sale of business

  -   -   -   274 

Acquisition related costs

  -   -   (18,240)  (1,696)

Sub-total

 $360,278  $363,174  $32,562  $52,749 

Interest expense

          6,552   2,295 

Other non-operating (income) expense

          862   1,178 

Income from continuing operations before income taxes

         $25,148  $49,276 

 

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.