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SEGMENT AND GEOGRAPHIC DATA
 12 Months Ended
Mar. 27, 2021
Segment Reporting [Abstract]  
SEGMENT AND GEOGRAPHIC DATA

NOTE 7 – SEGMENT AND GEOGRAPHIC DATA

Transcat has two reportable segments: Distribution and Service. The accounting policies of the reportable segments are described above in Note 1. The Company has no inter-segment sales. The following table presents segment and geographic data for fiscal years 2021 and 2020:

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FY 2021

FY 2020

Revenue:

Service

$

101,274

$

93,003

Distribution

72,061

80,096

Total

173,335

173,099

 

Gross Profit:

Service

30,695

23,486

Distribution

15,423

18,992

Total

46,118

42,478

 

Operating Expenses:

Service (1)

20,254

17,814

Distribution (1)

14,791

13,814

Total

35,045

31,628

 

Operating Income:

Service

10,441

5,672

Distribution

632

5,178

Total

11,073

10,850

 

Unallocated Amounts:

Interest and Other Expense, net

1,091

1,120

Provision for Income Taxes

2,191

1,663

Total

3,282

2,783

 

Net Income

$

7,791

$

8,067

 

Total Assets:

Service

$

71,090

$

67,023

Distribution

44,759

47,952

Unallocated

16,267

13,147

Total

$

132,116

$

128,122

 

Depreciation and Amortization (2):

Service

$

5,597

$

4,930

Distribution

1,983

1,729

Total

$

7,580

$

6,659

 

Capital Expenditures:

Service

$

4,236

$

3,974

Distribution

2,381

2,605

Total

$

6,617

$

6,579

 

Geographic Data:

Revenues to Unaffiliated Customers (3):

United States (4)

$

159,270

$

157,744

Canada

13,040

13,827

Other International

1,024

1,528

Total

$

173,335

$

173,099

 

Property and Equipment:

United States (4)

$

19,897

$

18,672

Canada

2,306

2,161

Total

$

22,203

$

20,833

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(1)

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

(2)

Including amortization of catalog costs and intangible assets.

(3)

Revenues are attributed to the countries based on the destination of a product shipment or the location where service is rendered.

(4)

United States includes Puerto Rico.