Note 15 - Industry Segment Information

9 Months Ended

Mar. 31, 2014

Segment Reporting [Abstract]

Segment Reporting Disclosure [Text Block]

15)     Industry Segment Information

The Company has determined that it has five reportable segments organized around the types of product sold:

• Food Service Equipment Group – an aggregation of seven operating segments that manufacture and sell commercial food service equipment.

• Engraving Group – provides mold texturizing, roll engraving and process machinery for a number of industries.

• Engineering Technologies Group – provides customized solutions in the fabrication and machining of engineered components for the aerospace, energy, aviation, medical, oil and gas, and general industrial markets.

• Electronics Products Group – manufacturing and selling of electronic components for applications throughout the end-user market spectrum.

• Hydraulics Products Group – manufacturing and selling of single- and double-acting telescopic and piston rod hydraulic cylinders.

Net sales and income (loss) from continuing operations by segment for the three months and nine months ended March 31, 2014 and 2013 were as follows (in thousands):

	Three Months Ended March 31,
	Net Sales				Income from Operations
	2014		2013		2014			2013
Segment:
Food Service Equipment Group	$	88,873	$	86,606	$	7,168		$	5,287
Engraving Group		27,278		23,820		5,957			3,365
Engineering Technologies Group		22,347		19,584		4,296			3,411
Electronics Products Group		30,672		27,785		5,283			4,780
Hydraulics Products Group		9,632		8,175		1,477			1,437
Restructuring costs						(1,381	)		(1,075	)
Corporate						(8,553	)		(5,483	)
Sub-total	$	178,802	$	165,970	$	14,247		$	11,722
Interest expense						(557	)		(643	)
Other non-operating income						3,457			(209	)
Income from continuing operations before income taxes					$	17,147		$	10,870

	Nine Months Ended March 31,
	Net Sales				Income from Operations
	2014		2013		2014			2013
Segment:
Food Service Equipment Group	$	287,290	$	291,745	$	23,388		$	28,329
Engraving Group		80,689		70,839		16,550			12,393
Engineering Technologies Group		56,935		53,341		8,834			8,748
Electronics Products Group		85,277		80,518		14,813			11,969
Hydraulics Products Group		24,427		21,542		3,710			3,371
Restructuring costs						(5,831	)		(2,295	)
Other operating income (expense), net						1,962			-
Corporate						(20,020	)		(16,899	)
Sub-total	$	534,618	$	517,985	$	43,406		$	45,616
Interest expense						(1,709	)		(1,869	)
Other non-operating income						3,977			(79	)
Income from continuing operations before income taxes					$	45,674		$	43,668

Net sales include only transactions with unaffiliated customers and include no intersegment sales. Income (loss) from operations by segment excludes interest expense and other non-operating income (expense).