Segment Information

6 Months Ended

Sep. 24, 2011

Segment Information [Abstract]

SEGMENT INFORMATION

NOTE 4 – SEGMENT INFORMATION

Transcat has two reportable segments: Distribution Products (“Product”) and Calibration Services (“Service”). The Company has no inter-segment sales. The following table presents segment information for the second quarter and the six months ended September 24, 2011 and September 25, 2010:

	Second Quarter Ended				Six Months Ended
	September 24, 2011		September 25, 2010		September 24, 2011		September 25, 2010
Net Revenue:
Product Sales	$	16,969	$	13,472	$	34,151	$	26,447
Service Revenue		8,214		7,448		16,637		15,101
Total		25,183		20,920		50,788		41,548
Gross Profit:
Product		4,311		3,202		8,579		6,703
Service		1,842		1,756		3,872		3,613
Total		6,153		4,958		12,451		10,316
Operating Expenses:
Product (1)		2,854		2,296		6,301		5,170
Service (1)		2,058		1,755		4,339		3,788
Total		4,912		4,051		10,640		8,958
Operating Income		1,241		907		1,811		1,358
Unallocated Amounts:
Total Other Expense, net		38		33		83		40
Provision for Income Taxes		457		347		657		513
Total		495		380		740		553
Net Income	$	746	$	527	$	1,071	$	805

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