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Note 4 - Segment Information
9 Months Ended
Dec. 27, 2014
Segment Reporting [Abstract]  
Segment Reporting Disclosure [Text Block]
NOTE 4 – SEGMENT INFORMATION

Transcat has two reportable segments:  Service and Distribution.  The Company has no inter-segment sales.  The following table presents segment information for the third quarter and the nine months ended December 27, 2014 and December 28, 2013:

   
Third Quarter Ended
   
Nine Months Ended
 
   
December 27,
2014
   
December 28,
2013
   
December 27,
2014
   
December 28,
2013
 
Total Revenue:
                       
Service Revenue
  $ 12,603     $ 11,516     $ 37,336     $ 34,727  
Distribution Sales
    18,449       18,997       53,946       53,378  
Total
    31,052       30,513       91,282       88,105  
                                 
Gross Profit:
                               
Service
    3,090       2,690       9,299       8,594  
Distribution
    3,904       4,448       11,290       12,579  
Total
    6,994       7,138       20,589       21,173  
                                 
Operating Expenses:
                               
Service (1)
    2,528       2,539       7,805       7,722  
Distribution (1)
    3,089       3,257       9,132       9,676  
Total
    5,617       5,796       16,937       17,398  
                                 
Operating Income:
                               
Service
    562       151       1,494       872  
Distribution
    815       1,191       2,158       2,903  
Total
    1,377       1,342       3,652       3,775  
                                 
Unallocated Amounts:
                               
Interest and Other Expense, net
    83       85       266       157  
Provision for Income Taxes
    481       469       1,269       1,338  
Total
    564       554       1,535       1,495  
                                 
Net Income
  $ 813     $ 788     $ 2,117     $ 2,280  

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