SEGMENT INFORMATION (Tables)

9 Months Ended

Dec. 26, 2020

Segment Reporting [Abstract]

Schedule of 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 2021 and 2020:

	Third Quarter Ended				Nine Months Ended
	December 26,		December 28,		December 26,		December 28,
	2020		2019		2020		2019
Revenue:
Service	$	24,776	$	22,087	$	72,297	$	67,987
Distribution		19,286		21,092		52,276		59,350
Total		44,062		43,179		124,573		127,337
Gross Profit:
Service		6,915		4,866		20,884		16,250
Distribution		4,330		5,062		11,264		14,175
Total		11,245		9,928		32,148		30,425
Operating Expenses:
Service (1)		4,959		4,378		14,822		13,187
Distribution (1)		3,767		3,459		10,765		10,130
Total		8,726		7,837		25,587		23,317
Operating Income:
Service		563		488		6,062		3,063
Distribution		1,956		1,603		499		4,045
Total		2,519		2,091		6,561		7,108
Unallocated Amounts:
Interest and Other Expense, net		219		194		779		776
Provision for Income Taxes		539		420		1,199		758
Total		758		614		1,978		1,534
Net Income	$	1,761	$	1,477	$	4,583	$	5,574

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