| Segment Reporting [Text Block] |
16) Industry Segment Information
The Company has four reportable segments organized around the types of products sold:
| |
• |
Electronics – manufactures and sells electronic components for applications throughout the end user market spectrum; |
| |
• |
Aerospace & Defense – provides net and near net formed single-source customized solutions in the manufacture of engineered components for the aviation, aerospace, defense, energy, industrial, medical, marine, oil and gas, and manned and unmanned space markets; |
| |
• |
Scientific – sells specialty temperature-controlled equipment for the medical, scientific, pharmaceutical, biotech and industrial markets; |
| |
• |
Engraving & Hydraulics - provides mold texturing, slush molding tools, project management and design services, roll engraving, hygiene product tooling, low observation vents for stealth aircraft, and process machinery for a number of industries and single and double acting telescopic and piston rod hydraulic cylinders; |
Net sales and income from continuing operations by segment were as follows (in thousands):
| |
|
Three Months Ended March 31, 2026 |
|
| |
|
Electronics |
|
|
Aerospace & Defense |
|
|
Scientific |
|
|
Engraving & Hydraulics |
|
|
Total reportable segments |
|
|
Other |
|
|
Total |
|
| Net Sales |
|
$ |
119,707 |
|
|
$ |
36,591 |
|
|
$ |
17,979 |
|
|
$ |
44,780 |
|
|
$ |
219,057 |
|
|
$ |
5,538 |
|
|
$ |
224,595 |
|
| Segment Expenses |
|
|
(88,051 |
) |
|
|
(30,750 |
) |
|
|
(14,271 |
) |
|
|
(38,642 |
) |
|
|
(171,714 |
) |
|
|
(4,776 |
) |
|
|
(176,490 |
) |
| Segment operating income |
|
|
31,656 |
|
|
|
5,841 |
|
|
|
3,708 |
|
|
|
6,138 |
|
|
|
47,343 |
|
|
|
762 |
|
|
|
48,105 |
|
| Corporate |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(8,614 |
) |
| Gain on sale of business |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
56,837 |
|
| Restructuring costs |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(2,989 |
) |
| Deal related costs |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(2,513 |
) |
| Income From Operations |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
90,826 |
|
| Interest expense |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
7,328 |
|
| Other non-operating expense, net |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
829 |
|
| Income from continuing operations before income taxes |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$ |
82,669 |
|
| |
|
Nine Months Ended March 31, 2026 |
|
| |
|
Electronics |
|
|
Aerospace & Defense |
|
|
Scientific |
|
|
Engraving & Hydraulics |
|
|
Total reportable segments |
|
|
Other |
|
|
Total |
|
| Net Sales |
|
$ |
345,928 |
|
|
$ |
97,121 |
|
|
$ |
56,931 |
|
|
$ |
139,913 |
|
|
$ |
639,893 |
|
|
$ |
23,453 |
|
|
$ |
663,346 |
|
| Segment Expenses |
|
|
(256,223 |
) |
|
|
(83,285 |
) |
|
|
(44,057 |
) |
|
|
(118,954 |
) |
|
|
(502,519 |
) |
|
|
(19,407 |
) |
|
|
(521,926 |
) |
| Segment operating income |
|
|
89,705 |
|
|
|
13,836 |
|
|
|
12,874 |
|
|
|
20,959 |
|
|
|
137,374 |
|
|
|
4,046 |
|
|
|
141,420 |
|
| Corporate |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(29,236 |
) |
| Gain on sale of business |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
56,837 |
|
| Restructuring costs |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(9,425 |
) |
| Deal related costs |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(3,562 |
) |
| Income From Operations |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
156,034 |
|
| Interest expense |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
24,154 |
|
| Other non-operating expense, net |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
1,054 |
|
| Income from continuing operations before income taxes |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$ |
130,826 |
|
| |
|
Three Months Ended March 31, 2025 |
|
| |
|
Electronics |
|
|
Aerospace & Defense |
|
|
Scientific |
|
|
Engraving & Hydraulics |
|
|
Total reportable segments |
|
|
Other |
|
|
Total |
|
| Net Sales |
|
$ |
111,283 |
|
|
$ |
27,375 |
|
|
$ |
18,292 |
|
|
$ |
43,815 |
|
|
$ |
200,765 |
|
|
$ |
7,015 |
|
|
$ |
207,780 |
|
| Segment Expenses |
|
|
(85,812 |
) |
|
|
(23,958 |
) |
|
|
(14,397 |
) |
|
|
(38,841 |
) |
|
|
(163,008 |
) |
|
|
(5,653 |
) |
|
|
(168,661 |
) |
| Segment operating income |
|
|
25,471 |
|
|
|
3,417 |
|
|
|
3,895 |
|
|
|
4,974 |
|
|
|
37,757 |
|
|
|
1,362 |
|
|
|
39,119 |
|
| Corporate |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(8,738 |
) |
| Restructuring costs |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(1,976 |
) |
| Deal related costs |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(2,152 |
) |
| Income From Operations |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
26,253 |
|
| Interest expense |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
8,363 |
|
| Other non-operating expense, net |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
309 |
|
| Income from continuing operations before income taxes |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$ |
17,581 |
|
| |
|
Nine Months Ended March 31, 2025 |
|
| |
|
Electronics |
|
|
Aerospace & Defense |
|
|
Scientific |
|
|
Engraving & Hydraulics |
|
|
Total reportable segments |
|
|
Other |
|
|
Total |
|
| Net Sales |
|
$ |
284,939 |
|
|
$ |
70,555 |
|
|
$ |
54,462 |
|
|
$ |
132,321 |
|
|
$ |
542,277 |
|
|
$ |
25,781 |
|
|
$ |
568,058 |
|
| Segment Expenses |
|
|
(225,021 |
) |
|
|
(59,435 |
) |
|
|
(41,100 |
) |
|
|
(114,143 |
) |
|
|
(439,699 |
) |
|
|
(20,567 |
) |
|
|
(460,266 |
) |
| Segment operating income |
|
|
59,918 |
|
|
|
11,120 |
|
|
|
13,362 |
|
|
|
18,178 |
|
|
|
102,578 |
|
|
|
5,214 |
|
|
|
107,792 |
|
| Corporate |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(24,603 |
) |
| Restructuring costs |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(3,982 |
) |
| Deal related costs |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(20,392 |
) |
| Income From Operations |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
58,815 |
|
| Interest expense |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
14,915 |
|
| Other non-operating expense, net |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
1,171 |
|
| Income from continuing operations before income taxes |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$ |
42,729 |
|
Capital expenditures and depreciation and amortization expense by segment were as follows (in thousands):
| |
|
Capital Expenditures |
|
|
Depreciation and Amortization |
|
| |
|
Three Months Ended March 31, 2026 |
|
|
Three Months Ended March 31, 2025 |
|
|
Three Months Ended March 31, 2026 |
|
|
Three Months Ended March 31, 2025 |
|
| Electronics |
|
$ |
(886 |
) |
|
$ |
2,106 |
|
|
$ |
5,079 |
|
|
$ |
5,689 |
|
| Aerospace & Defense |
|
|
703 |
|
|
|
1,114 |
|
|
|
1,734 |
|
|
|
1,333 |
|
| Scientific |
|
|
312 |
|
|
|
167 |
|
|
|
291 |
|
|
|
308 |
|
| Engraving & Hydraulics |
|
|
5,345 |
|
|
|
2,939 |
|
|
|
2,356 |
|
|
|
2,189 |
|
| Other |
|
|
112 |
|
|
|
176 |
|
|
|
103 |
|
|
|
130 |
|
| Corporate |
|
|
4 |
|
|
|
(430 |
) |
|
|
(115 |
) |
|
|
95 |
|
| Total |
|
$ |
5,590 |
|
|
$ |
6,072 |
|
|
$ |
9,448 |
|
|
$ |
9,744 |
|
| |
|
Capital Expenditures |
|
|
Depreciation and Amortization |
|
| |
|
Nine Months Ended March 31, 2026 |
|
|
Nine Months Ended March 31, 2025 |
|
|
Nine Months Ended March 31, 2026 |
|
|
Nine Months Ended March 31, 2025 |
|
| Electronics |
|
$ |
6,862 |
|
|
$ |
7,905 |
|
|
$ |
16,671 |
|
|
$ |
14,060 |
|
| Aerospace & Defense |
|
|
3,049 |
|
|
|
4,006 |
|
|
|
4,692 |
|
|
|
3,117 |
|
| Scientific |
|
|
563 |
|
|
|
709 |
|
|
|
929 |
|
|
|
938 |
|
| Engraving & Hydraulics |
|
|
8,668 |
|
|
|
6,106 |
|
|
|
6,444 |
|
|
|
6,582 |
|
| Other |
|
|
453 |
|
|
|
971 |
|
|
|
421 |
|
|
|
397 |
|
| Corporate |
|
|
79 |
|
|
|
65 |
|
|
|
92 |
|
|
|
216 |
|
| Total |
|
$ |
19,674 |
|
|
$ |
19,762 |
|
|
$ |
29,249 |
|
|
$ |
25,310 |
|
Net sales include only transactions with unaffiliated customers and include no intersegment sales. Income from operations by segment excludes interest expense and other non-operating (income) expense.
|