Note 2 - Segment Information

3 Months Ended

Sep. 30, 2019

Segment Reporting Disclosure [Text Block]

Note

Segment Information

The segment information and the accounting policies of each segment are the same as those described in the notes to the consolidated financial statements entitled “Financial Information by Segment & Geographic Area” included in our Annual Report on Form

-K for the year ended

June 30, 2019.

The Company’s business is aggregated into

two

reportable segments based on geography of operations: North American Operations and International Operations. Segment income is measured for internal reporting purposes by excluding corporate expenses, which are included in unallocated in the table below. Other income and expense, including interest income and expense, and income taxes are excluded entirely from the table below. There were

significant changes in the segment operations or in the segment assets from the Annual Report. Financial results for each reportable segment are as follows (in thousands):

	North American Operations		International Operations		Unallocated			Total
Three Months ended September 3 0 , 20 19
Sales 1	$	31,009	$	21,105	$	-		$	52,114
Operating Income (Loss)	$	2,206	$	1,163	$	(1,924	)	$	1,445

Three Months ended September 30 , 20 1 8
Sales 2	$	30,200	$	21,701	$	-		$	51,901
Operating Income (Loss) 3	$	373	$	2,119	$	(1,556	)	$	936

Excludes

$968

of North American segment intercompany sales to the International segment, and

$4,242

of International segment intercompany sales to the North American segment.

Excludes

$1,134

of North American segment intercompany sales to the International segment, and

$3,320

of International segment intercompany sales to the North American segment.

As a result of the adoption of ASU

2017

“Improving the Presentation of Net Periodic Pension Cost and Net Periodic Postretirement Benefit Cost”, the respective line items in the Consolidated Statement of Earnings for Fiscal

2019

have been reclassified.