SEGMENT AND GEOGRAPHIC DATA

12 Months Ended

Mar. 25, 2017

Segment Reporting [Abstract]

SEGMENT AND GEOGRAPHIC DATA

NOTE 7 – SEGMENT AND GEOGRAPHIC DATA

Transcat has two reportable segments: Distribution and Service. The accounting policies of the reportable segments are the same as those described above in Note 1 to the Consolidated Financial Statements. The Company has no inter-segment sales. The following table presents segment and geographic data for fiscal years 2017 and 2016:

	FY 2017		FY 2016
Revenue:
Service	$	71,103	$	59,202
Distribution		72,795		62,964
Total		143,898		122,166
Gross Profit:
Service		19,039		15,585
Distribution		15,931		13,534
Total		34,970		29,119
Operating Expenses:
Service (1)		14,270		11,430
Distribution (1)		12,766		11,387
Total		27,036		22,817
Operating Income:
Service		4,769		4,155
Distribution		3,165		2,147
Total		7,934		6,302
Unallocated Amounts:
Interest and Other Expense, net		770		295
Provision for Income Taxes		2,642		1,883
Total		3,412		2,178
Net Income	$	4,522	$	4,124
Total Assets:
Service	$	51,756	$	48,640
Distribution		36,812		24,878
Unallocated		3,529		3,189
Total	$	92,097	$	76,707
Depreciation and Amortization (2):
Service	$	4,660	$	3,216
Distribution		1,524		730
Total	$	6,184	$	3,946
Capital Expenditures:
Service	$	2,662	$	3,133
Distribution		2,588		968
Total	$	5,250	$	4,101

	FY 2017		FY 2016
Geographic Data:
Revenues to Unaffiliated Customers (3):
United States (4)	$	129,732	$	109,770
Canada		12,432		10,854
Other International		1,734		1,542
Total	$	143,898	$	122,166
Long-Lived Assets:
United States (4)	$	14,550	$	11,337
Canada		1,018		976
Total	$	15,568	$	12,313

(1)	Operating expense allocations between segments are based on actual amounts, a percentage of revenues, headcount, and management’s estimates. In fiscal year 2017, $0.5 million more of operating expenses were allocated to the Service segment than in fiscal year 2016 as Service revenue was a greater percentage of total revenue.
(2)	Including amortization of catalog costs and intangible assets.
(3)	Revenues are attributed to the countries based on the destination of a product shipment or the location where service is rendered.
(4)	United States includes Puerto Rico.