SEGMENT INFORMATION

6 Months Ended

Sep. 29, 2018

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 second quarter and first six months of fiscal years 2019 and 2018:

	Second Quarter Ended				Six Months Ended
	September 29,		September 23,		September 29,		September 23,
	2018		2017		2018		2017
Revenue:
Service	$	19,902	$	18,239	$	39,227	$	36,721
Distribution		18,977		17,688		36,310		35,485
Total		38,879		35,927		75,537		72,206
Gross Profit:
Service		4,807		4,320		9,726		8,956
Distribution		4,332		3,834		8,526		7,889
Total		9,139		8,154		18,252		16,845
Operating Expenses:
Service (1)		3,682		3,530		7,533		7,281
Distribution (1)		3,281		3,166		6,518		6,695
Total		6,963		6,696		14,051		13,976
Operating Income:
Service		1,125		790		2,193		1,675
Distribution		1,051		668		2,008		1,194
Total		2,176		1,458		4,201		2,869
Unallocated Amounts:
Interest and Other Expense, net		195		271		420		543
Provision for Income Taxes		493		406		865		689
Total		688		677		1,285		1,232
Net Income	$	1,488	$	781	$	2,916	$	1,637

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