Segment and Geographic Information and Significant Customers (Tables)

12 Months Ended

Jun. 30, 2019

Segment Reporting [Abstract]

Schedule of Segment Reporting Information

The Company uses “segment income (loss)” as the primary measure to evaluate operating performance and allocate capital resources for the Engines and Products segments. The Company defines segment income (loss) as income from operations plus equity in earnings of unconsolidated affiliates. Summarized segment data is as follows (in thousands):

	2019			2018			2017
NET SALES:
Engines	$	988,707		$	1,066,318		$	1,098,809
Products	932,137			904,007			778,378
Eliminations	(84,239		)	(89,031		)	(91,084		)
	$	1,836,605		$	1,881,294		$	1,786,103
GROSS PROFIT:
Engines	$	193,069		$	252,645		$	262,036
Products	108,984			144,933			121,141
Eliminations	(1,002		)	504			652
	$	301,051		$	398,082		$	383,829
SEGMENT INCOME (LOSS) (1)
Engines	$	(15,519	)	$	9,593		$	81,641
Products	(22,675		)	22,012			12,530
Eliminations	(1,002		)	504			652
	$	(39,196	)	$	32,109		$	94,823
INTEREST EXPENSE	(29,242		)	(25,320		)	(20,293		)
OTHER INCOME, Net	340			4,312			5,131
Income (Loss) Before Income Taxes	(68,098		)	11,101			79,661
PROVISION (CREDIT) FOR INCOME TAXES	(14,015		)	22,421			23,011
Net Income (Loss)	$	(54,083	)	$	(11,320	)	$	56,650
ASSETS:
Engines	$	952,820		$	965,677		$	987,943
Products	646,417			547,540			551,207
Eliminations	(47,806		)	(69,251		)	(88,171		)
	$	1,551,431		$	1,443,966		$	1,450,979
CAPITAL EXPENDITURES:
Engines	$	31,680		$	79,724		$	67,218
Products	20,774			23,479			15,923
	$	52,454		$	103,203		$	83,141
DEPRECIATION & AMORTIZATION:
Engines	$	48,932		$	44,361		$	44,384
Products	15,268			13,897			11,799
	$	64,200		$	58,258		$	56,183

Restructuring Charges Impact on Gross Profit by Segment

Pre-tax business optimization and litigation settlement charges impact on gross profit (in thousands):

	2019		2018		2017
Engines	$	2,662	$	2,854	$	—
Products	9,207		3,775		—
Total	$	11,869	$	6,629	$	—

Restructuring Charges, Goodwill and Tradename Impairment, and Litigation Settlement Charges Impact on Operating Income Loss by Segment

Pre-tax business optimization charges, acquisition-related charges, bad debt charges related to major retailer bankruptcy, pension settlement charges, and litigation charges impact on segment income (loss) is as follows (in thousands):

	2019		2018		2017
Engines	$	29,149	$	53,913	$	—
Products	22,648		8,113		—
Total	$	51,797	$	62,026	$	—

Schedule of Geographic Sales Based on Product Shipment Destination

Information regarding the Company’s geographic sales based on product shipment destination (in thousands):

	2019		2018		2017
United States	$	1,354,635	$	1,346,687	$	1,246,015
All Other Countries	481,970		534,607		540,088
Total	$	1,836,605	$	1,881,294	$	1,786,103

Schedule of Company's Net Property Plant and Equipment Based on Geographic Location

Information regarding the Company’s net plant and equipment based on geographic location (in thousands):

	2019		2018		2017
United States	$	392,146	$	405,808	$	347,664
All Other Countries	18,899		16,272		17,216
Total	$	411,045	$	422,080	$	364,880

Schedule of Revenue by Major Customers by Reporting Segments

Sales to the following customers in the Company’s Engines segment amount to greater than or equal to 10% of consolidated net sales (in thousands):

	2019				2018				2017
Customer:	Net Sales		%		Net Sales		%		Net Sales		%
MTD	$	220,714	12	%	$	192,402	10	%	$	205,339	11	%
HOP	139,920		8	%	184,008		10	%	207,882		12	%
	$	360,634	20	%	$	376,410	20	%	$	413,221	23	%