Note 2 - Segment Information

9 Months Ended

Mar. 31, 2020

Notes to Financial Statements

Segment Reporting Disclosure [Text Block]

Note

2:

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

10

-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 the unallocated column 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

no

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 March 31, 20 20
Sales 1	$	33,369	$	16,629	$	-		$	49,998
Operating Income (Loss)	$	1,337	$	448	$	(1,721	)	$	64
Three Months ended March 31, 201 9
Sales 2	$	36,069	$	22,429	$	-		$	58,498
Operating Income (Loss) 3	$	3,224	$	2,039	$	(1,795	)	$	3,468

1. Excludes $1,063 of North American segment intercompany sales to the International segment, and $2,722 of International segment intercompany sales to the North American segment.

2. Excludes $1,555 of North American segment intercompany sales to the International segment, and $3,922 of International segment intercompany sales to the North American segment.

3. As a result of the adoption of ASU 2017 - 07 “Improving the Presentation of Net Periodic Pension Cost and Net Periodic Postretirement Benefit Cost”, the respective line items in the Consolidated Statement of Operations for Fiscal 2019 have been reclassified.

	North American Operations		International Operations		Unallocated			Total
Nine Months ended March 31, 20 20
Sales 1	$	97,475	$	61,501	$	-		$	158,976
Operating Income (Loss)	$	6,217	$	3,069	$	(5,015	)	$	4,271
Nine Months ended March 31, 20 19
Sales 2	$	100,897	$	66,034	$	-		$	166,931
Operating Income (Loss) 3	$	6,677	$	5,899	$	(4,724	)	$	7,852

1. Excludes $3,079 of North American segment intercompany sales to the International segment, and $10,820 of International segment intercompany sales to the North American segment.

2. Excludes $3,736 of North American segment intercompany sales to the International segment, and $10,985 of International segment intercompany sales to the North American segment.

3. As a result of the adoption of ASU 2017 - 07 “Improving the Presentation of Net Periodic Pension Cost and Net Periodic Postretirement Benefit Cost”, the respective line items in the Consolidated Statement of Operations for Fiscal 2019 have been reclassified.