SEGMENT AND GEOGRAPHIC DATA

12 Months Ended

Mar. 31, 2018

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 2018 and 2017:

	FY 2018		FY 2017
Revenue:
Service	$	77,445	$	71,103
Distribution		77,696		72,795
Total		155,141		143,898
Gross Profit:
Service		19,922		19,039
Distribution		17,519		15,931
Total		37,441		34,970
Operating Expenses:
Service (1)		14,764		14,270
Distribution (1)		13,651		12,766
Total		28,415		27,036
Operating Income:
Service		5,158		4,769
Distribution		3,868		3,165
Total		9,026		7,934
Unallocated Amounts:
Interest and Other Expense, net		1,078		770
Provision for Income Taxes		2,026		2,642
Total		3,104		3,412
Net Income	$	5,922	$	4,522
Total Assets:
Service	$	53,032	$	51,756
Distribution		40,652		36,812
Unallocated		3,138		3,529
Total	$	96,822	$	92,097
Depreciation and Amortization (2):
Service	$	4,397	$	4,660
Distribution		1,594		1,524
Total	$	5,991	$	6,184
Capital Expenditures:
Service	$	3,772	$	2,662
Distribution		2,110		2,588
Total	$	5,882	$	5,250
Geographic Data:
Revenues to Unaffiliated Customers (3):
United States (4)	$	139,456	$	129,732
Canada		13,757		12,432
Other International		1,928		1,734
Total	$	155,141	$	143,898
Property and Equipment:
United States (4)	$	15,967	$	14,550
Canada		1,124		1,018
Total	$	17,091	$	15,568

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