v3.26.3
Note 15 - Industry Segment Information
3 Months Ended
Sep. 30, 2026
Notes to Financial Statements  
Segment Reporting [Text Block]

15)     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 September 30, 2026

 
  

Electronics

  

Aerospace & Defense

  

Scientific

  

Engraving & Hydraulics

  

Total reportable segments

  

Other

  

Total

 

Net Sales

 $140,501  $31,428  $19,794  $40,852  $232,575  $-  $232,575 

Segment expenses

  (102,635)  (25,584)  (14,187)  (34,417)  (176,823)  -   (176,823)

Segment operating income

  37,866   5,844   5,607   6,435   55,752   -   55,752 

Corporate

                          (13,030)

Loss on sale of business

                          (900)

Restructuring costs

                          (1,029)

Deal related costs

                          (375)

Income from operations

                          40,418 

Interest expense

                          7,224 

Other non-operating expense, net

                          1,036 

Income from continuing operations before income taxes

                         $32,158 

 

  

Three Months Ended September 30, 2025

 
  

Electronics

  

Aerospace & Defense

  

Scientific

  

Engraving & Hydraulics

  

Total reportable segments

  

Other

  

Total

 

Net Sales

 $110,553  $29,894  $19,450  $48,012  $207,909  $9,522  $217,431 

Segment expenses

  (82,270)  (26,277)  (14,772)  (40,661)  (163,980)  (7,447)  (171,427)

Segment operating income

  28,283   3,617   4,678   7,351   43,929   2,075   46,004 

Corporate

                          (9,940)

Restructuring costs

                          (5,997)

Deal related costs

                          (433)

Income from operations

                          29,634 

Interest expense

                          8,912 

Other non-operating expense, net

                          (265)

Income from continuing operations before income taxes

                         $20,987 

 

Capital expenditures and depreciation and amortization expense by segment were as follows (in thousands):

 

  

Capital Expenditures

  

Depreciation and Amortization

 
  

Three Months Ended September 30, 2026

  

Three Months Ended September 30, 2025

  

Three Months Ended September 30, 2026

  

Three Months Ended September 30, 2025

 

Electronics

 $4,020  $3,669  $5,495  $5,785 

Aerospace & Defense

  1,315   1,585   1,514   1,408 

Scientific

  (47)  70   332   320 

Engraving & Hydraulics

  1,275   710   2,176   2,049 

Other

  —   318   —   161 

Corporate

  —   68   31   94 

Total

 $6,563  $6,420  $9,548  $9,817 

 

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.