| Net Sales and Segment Operating Profit (Loss) for Each Reporting Segment |
Summarized below are the Revenue and Segment Operating Profit for each reporting segment:
|
|
|
|
|
|
|
|
|
|
|
Three Months
Ended |
|
($ in thousands) |
|
April 30,
2025 |
|
|
April 27,
2024 |
|
Revenue: |
|
|
|
|
|
|
Product ID |
|
$ |
26,289 |
|
|
$ |
23,185 |
|
Aerospace |
|
|
11,419 |
|
|
|
9,776 |
|
Total Revenue |
|
$ |
37,708 |
|
|
$ |
32,961 |
|
|
|
|
|
|
|
|
Cost of Revenue: |
|
|
|
|
|
|
Product ID |
|
$ |
17,561 |
|
|
$ |
14,859 |
|
Aerospace |
|
|
7,495 |
|
|
|
6,130 |
|
Total Cost of Revenue |
|
$ |
25,056 |
|
|
$ |
20,989 |
|
|
|
|
|
|
|
|
Operating Expenses: |
|
|
|
|
|
|
Product ID (1) |
|
$ |
5,937 |
|
|
$ |
5,335 |
|
Aerospace(1) |
|
|
1,160 |
|
|
|
1,924 |
|
Total Operating Expenses |
|
$ |
7,097 |
|
|
$ |
7,259 |
|
|
|
|
|
|
|
|
Segment Operating Income: |
|
|
|
|
|
|
Product ID |
|
$ |
2,791 |
|
|
$ |
2,991 |
|
Aerospace |
|
|
2,764 |
|
|
|
1,722 |
|
Total Segment Operating Income |
|
$ |
5,555 |
|
|
$ |
4,713 |
|
|
|
|
|
|
|
|
Corporate Expense (2) |
|
|
(4,984 |
) |
|
|
(3,367 |
) |
Operating Income |
|
$ |
571 |
|
|
$ |
1,346 |
|
Interest Expense |
|
|
(897 |
) |
|
|
(482 |
) |
Other Income (Expense) (3) |
|
|
25 |
|
|
|
(117 |
) |
Income (Loss) Before Income Taxes |
|
$ |
(301 |
) |
|
$ |
747 |
|
Income Tax Provision (Benefit) |
|
|
75 |
|
|
|
(434 |
) |
Net Income (Loss) |
|
$ |
(376 |
) |
|
$ |
1,181 |
|
|
|
|
|
|
|
|
(1) Product ID and Aerospace segment operating expenses include Selling and Marketing and Research and Development. (2) The amounts included in Corporate Expenses consist of executive and finance compensation, acquisition and integration costs, restructuring costs, professional fees as well as certain other non-recurring costs not allocated to the reporting segments. (3) Includes gain/(loss) on foreign exchange and other miscellaneous income/(expense) not allocated to the reporting segments.
|
| Summary of Revenue by Product Type |
Revenue by product type for each reporting segment:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
April 30, |
|
|
April 27, |
|
($ in thousands) |
2025 |
|
|
2024 |
|
Product ID : |
|
|
|
|
|
Hardware |
$ |
4,776 |
|
|
$ |
3,802 |
|
Supplies |
|
19,877 |
|
|
|
17,581 |
|
Other |
|
1,636 |
|
|
|
1,802 |
|
Total Product ID Revenue |
|
26,289 |
|
|
|
23,185 |
|
Aerospace: |
|
|
|
|
|
Hardware |
|
6,519 |
|
|
|
5,073 |
|
Supplies |
|
1,204 |
|
|
|
1,053 |
|
Other |
|
3,696 |
|
|
|
3,650 |
|
Total Aerospace Revenue |
|
11,419 |
|
|
|
9,776 |
|
Total Revenue |
$ |
37,708 |
|
|
$ |
32,961 |
|
|
| Summary of Other Information by Segment |
Other information by segment is presented below:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Depreciation and Amortization |
|
|
Capital Expenditures |
|
|
|
April 30, |
|
|
April 27, |
|
|
April 30, |
|
|
April 27, |
|
(In thousands) |
|
2025 |
|
|
2024 |
|
|
2025 |
|
|
2024 |
|
Product ID |
|
$ |
973 |
|
|
$ |
591 |
|
|
$ |
60 |
|
|
$ |
492 |
|
Aerospace |
|
|
317 |
|
|
|
320 |
|
|
|
— |
|
|
|
— |
|
Total |
|
$ |
1,290 |
|
|
$ |
911 |
|
|
$ |
60 |
|
|
$ |
492 |
|
|