SEGMENT INFORMATION

9 Months Ended

Dec. 24, 2016

Segment Reporting [Abstract]

SEGMENT INFORMATION

NOTE 4 – SEGMENT INFORMATION

Transcat has two reportable segments: Distribution and Service. The Company has no inter-segment sales. The following table presents segment information for the third quarter and first nine months of fiscal years 2017 and 2016:

	Third Quarter Ended				Nine Months Ended
	December 24,		December 26,		December 24,		December 26,
	2016		2015		2016		2015
Revenue:
Service	$	17,455	$	13,922	$	51,577	$	41,647
Distribution		20,358		16,238		53,868		47,659
Total		37,813		30,160		105,445		89,306
Gross Profit:
Service		4,306		3,272		13,175		10,264
Distribution		4,609		3,506		12,013		10,313
Total		8,915		6,778		25,188		20,577
Operating Expenses:
Service (1)		3,365		2,473		10,399		7,981
Distribution (1)		3,197		2,623		9,420		8,517
Total		6,562		5,096		19,819		16,498
Operating Income:
Service		941		799		2,776		2,283
Distribution		1,412		883		2,593		1,796
Total		2,353		1,682		5,369		4,079
Unallocated Amounts:
Interest and Other Expense, net		188		62		547		193
Provision for Income Taxes		885		552		1,812		1,339
Total		1,073		614		2,359		1,532
Net Income	$	1,280	$	1,068	$	3,010	$	2,547

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