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Segment Information
 9 Months Ended
Dec. 24, 2011
Segment Information [Abstract]  
SEGMENT INFORMATION

NOTE 4 – SEGMENT INFORMATION

Transcat has two reportable segments: Distribution Products (“Product”) and Calibration Services (“Service”). The Company has no inter-segment sales. The following table presents segment information for the third quarter and the nine months ended December 24, 2011 and December 25, 2010:

 

                                 
    Third Quarter Ended     Nine Months Ended  
    December 24,     December 25,     December 24,     December 25,  
    2011     2010     2011     2010  

Net Revenue:

                                

Product Sales

   $ 19,382     $ 16,562     $ 53,533     $ 43,009  

Service Revenue

     9,078       7,319       25,715       22,420  
   

 

 

    

 

 

    

 

 

    

 

 

  

Total

     28,460       23,881       79,248       65,429  
   

 

 

    

 

 

    

 

 

    

 

 

  

Gross Profit:

                                

Product

     4,962       4,443       13,541       11,146  

Service

     1,826       1,609       5,698       5,222  
   

 

 

    

 

 

    

 

 

    

 

 

  

Total

     6,788       6,052       19,239       16,368  
   

 

 

    

 

 

    

 

 

    

 

 

  

Operating Expenses:

                                

Product (1)

     3,108       2,826       9,409       7,997  

Service (1)

     2,027       1,786       6,366       5,573  
   

 

 

    

 

 

    

 

 

    

 

 

  

Total

     5,135       4,612       15,775       13,570  
   

 

 

    

 

 

    

 

 

    

 

 

  

Operating Income

     1,653       1,440       3,464       2,798  
   

 

 

    

 

 

    

 

 

    

 

 

  

Unallocated Amounts:

                                

Total Other Expense, net

     44       14       127       54  

Provision for Income Taxes

     585       529       1,242       1,042  
   

 

 

    

 

 

    

 

 

    

 

 

  

Total

     629       543       1,369       1,096  
   

 

 

    

 

 

    

 

 

    

 

 

  

Net Income

   $ 1,024     $ 897     $ 2,095     $ 1,702  
   

 

 

    

 

 

    

 

 

    

 

 

  

 

(1) Operating expense allocations between segments were based on actual amounts, a percentage of revenues, headcount, and management’s estimates.