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Note 16 - Industry Segment Information
9 Months Ended
Mar. 31, 2025
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 March 31,

 
  

Net Sales

  

Income from Operations

 
  

2025

  

2024

  

2025

  

2024

 

Industry segment:

                

Electronics

 $111,283  $80,431  $25,471  $15,700 

Engraving

  30,585   36,297   3,058   6,260 

Scientific

  18,292   16,925   3,895   4,896 

Engineering Technologies

  27,375   20,098   3,417   3,524 

Specialty Solutions

  20,245   23,516   3,278   4,668 

Corporate

  -   -   (8,738)  (8,522)

Restructuring costs

  -   -   (1,976)  (4,037)

Acquisition related costs

  -   -   (2,152)  (537)

Other operating income (expense), net

  -   -   -   (110)

Sub-total

 $207,780  $177,267  $26,253  $21,842 

Interest expense

          8,363   949 

Other non-operating (income) expense

          309   627 

Income from continuing operations before income taxes

         $17,581  $20,266 

 

  

Nine Months Ended March 31,

 
  

Net Sales

  

Income from Operations

 
  

2025

  

2024

  

2025

  

2024

 

Industry segment:

                

Electronics

 $284,939  $241,538  $59,918  $47,884 

Engraving

  95,402   117,936   13,004   22,765 

Scientific

  54,462   51,410   13,362   14,074 

Engineering Technologies

  70,555   58,205   11,120   9,946 

Specialty Solutions

  62,700   71,352   10,388   14,250 

Corporate

  -   -   (24,603)  (24,956)

Restructuring costs

  -   -   (3,982)  (7,303)

Gain on sale of business

  -   -   -   274 

Acquisition related costs

  -   -   (20,392)  (2,233)

Other operating income (expense), net

  -   -   -   (110)

Sub-total

 $568,058  $540,441  $58,815  $74,591 

Interest expense

          14,915   3,244 

Other non-operating (income) expense

          1,171   1,805 

Income from continuing operations before income taxes

         $42,729  $69,542 

 

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.