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Note 4 - Segment Information
9 Months Ended
Dec. 28, 2013
Segment Reporting [Abstract]  
Segment Reporting Disclosure [Text Block]
NOTE 4 – SEGMENT INFORMATION

Transcat has two reportable segments:  distribution (“Distribution”) and service (“Service”).  The Company has no inter-segment sales.  The following table presents segment information for the third quarter and the nine months ended December 28, 2013 and December 29, 2012:

   
Third Quarter Ended
   
Nine Months Ended
 
   
December 28,
2013
   
December 29,
2012
   
December 28,
2013
   
December 29,
2012
 
Total Revenue:
                       
Distribution Sales
  $ 18,997     $ 19,440     $ 53,378     $ 52,753  
Service Revenue
    11,516       9,884       34,727       28,456  
Total
    30,513       29,324       88,105       81,209  
                                 
Gross Profit:
                               
Distribution
    4,448       4,503       12,579       12,436  
Service
    2,690       2,127       8,594       6,479  
Total
    7,138       6,630       21,173       18,915  
                                 
Operating Expenses:
                               
Distribution (1)
    3,257       3,263       9,676       9,497  
Service (1)
    2,539       2,146       7,722       6,423  
Total
    5,796       5,409       17,398       15,920  
                                 
Operating Income (Loss):
                               
Distribution
    1,191       1,240       2,903       2,939  
Service
    151       (19 )     872       56  
Total
    1,342       1,221       3,775       2,995  
                                 
Unallocated Amounts:
                               
Interest and Other Expense, net
    85       37       157       135  
Provision for Income Taxes
    469       402       1,338       972  
Total
    554       439       1,495       1,107  
                                 
Net Income
  $ 788     $ 782     $ 2,280     $ 1,888  

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