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Note 16 - Industry Segment Information
 3 Months Ended
Sep. 30, 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;

 •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; 
 

•

Scientific – sells specialty temperature-controlled equipment for the medical, scientific, pharmaceutical, biotech and industrial markets; 

 

•

Engraving - provides mold texturing, 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;

 

•

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:

 

  

September 30, 2025

 

(in thousands)

 

Electronics

  

Engineering Technologies

  

Scientific

  

Engraving

  

Specialty Solutions

  

Total

 

Net Sales

 $110,553  $29,894  $19,450  $35,840  $21,694  $217,431 

Segment Expenses

  (82,270)  (26,277)  (14,772)  (29,303)  (18,805)  (171,427)

Segment operating income

  28,283   3,617   4,678   6,537   2,889   46,004 

Corporate

                      (9,940)

Restructuring costs

                      (5,997)

Acquisition related costs

                      (433)

Income (Loss) From Operations

                      29,634 

Interest expense

                      (8,912)

Other non-operating (expense) income, net

                      265 

Income from continuing operations before income taxes

                     $20,987 

 

  

September 30, 2024

 

(in thousands)

 

Electronics

  

Engineering Technologies

  

Scientific

  

Engraving

  

Specialty Solutions

  

Total

 

Net Sales

 $77,733  $20,530  $17,693  $33,363  $21,145  $170,464 

Segment Expenses

  (60,706)  (16,520)  (12,944)  (27,539)  (17,597)  (135,306)

Segment operating income

  17,027   4,010   4,749   5,824   3,548   35,158 

Corporate

                      (8,133)

Restructuring costs

                      (1,086)

Acquisition related costs

                      (1,840)

Income (Loss) From Operations

                      24,099 

Interest expense

                      (977)

Other non-operating (expense) income, net

                      28 

Income from continuing operations before income taxes

                     $23,150 

 

Capital expenditures and depreciation and amortization expense by segment were as follows:

 

(in thousands)

 

Capital Expenditures (1)

  

Depreciation and Amortization

 
  

September 30, 2025

  

September 30, 2024

  

September 30, 2025

  

September 30, 2024

 

Electronics

 $3,669  $3,551  $5,785  $3,415 

Engineering Technologies

  1,585   1,462   1,408   886 

Scientific

  70   70   320   318 

Engraving

  572   941   1,788   2,029 

Specialty Solutions

  456   443   422   351 

Corporate and Other

  68   258   94   62 

Total

 $6,420  $6,725  $9,817  $7,061 

 

 

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.