Standex International (SXI) 10-Q 7 Nov 13 2014 Q1 Quarterly report Financial data

Document_And_Entity_Informatio

Document And Entity Information (USD $)	3 Months Ended
	Sep. 30, 2013	Nov. 05, 2013	Dec. 31, 2012
Document and Entity Information [Abstract]	'	'	'
Entity Registrant Name	'STANDEX INTERNATIONAL CORP/DE/	'	'
Document Type	'10-Q	'	'
Current Fiscal Year End Date	'--06-30	'	'
Entity Common Stock, Shares Outstanding	'	12,768,833	'
Entity Public Float	'	'	$656,000,000
Amendment Flag	'false	'	'
Entity Central Index Key	'0000310354	'	'
Entity Current Reporting Status	'Yes	'	'
Entity Voluntary Filers	'No	'	'
Entity Filer Category	'Accelerated Filer	'	'
Entity Well-known Seasoned Issuer	'No	'	'
Document Period End Date	30-Sep-13	'	'
Document Fiscal Year Focus	'2014	'	'
Document Fiscal Period Focus	'Q1	'	'

Unaudited_Condensed_Consolidat

Unaudited Condensed Consolidated Balance Sheets (USD $)	Sep. 30, 2013	Jun. 30, 2013
In Thousands, unless otherwise specified
Current assets:	'	'
Cash and cash equivalents	$46,055	$51,064
Accounts receivable, net	101,938	102,268
Inventories	89,840	84,956
Prepaid expenses and other current assets	9,103	7,776
Income taxes receivable	1,420	'
Deferred tax asset	12,378	12,237
Total current assets	260,734	258,301
Property, plant, and equipment, net	94,369	95,020
Goodwill	113,499	111,905
Intangible assets, net	26,264	25,837
Other non-current assets	20,628	19,510
Total non-current assets	254,760	252,272
Total assets	515,494	510,573
Current Liabilities:	'	'
Accounts payable	59,246	69,854
Accrued expenses	50,844	46,981
Income taxes payable	3,603	1,638
Total current liabilities	113,693	118,473
Long-term debt	50,067	50,072
Accrued pension and other non-current liabilities	47,478	51,040
Total non-current liabilities	97,545	101,112
Stockholders' equity:	'	'
Common stock, par value $1.50 per share - 60,000,000 shares authorized, 27,984,278 issued, 12,641,682 and 12,549,806 outstanding at September 30, 2013 and June 30, 2013	41,976	41,976
Additional paid-in capital	37,732	37,199
Retained earnings	554,087	546,031
Accumulated other comprehensive loss	-60,116	-65,280
Treasury shares (15,342,596 shares at September 30, 2013 and 15,434,472 shares at June 30, 2013)	-269,423	-268,938
Total stockholders' equity	304,256	290,988
Total liabilities and stockholders' equity	$515,494	$510,573

Unaudited_Condensed_Consolidat1

Unaudited Condensed Consolidated Balance Sheets (Parentheticals) (USD $)	Sep. 30, 2013	Jun. 30, 2013
Common stock, par value (in Dollars per share)	$1.50	$1.50
Common stock, shares authorized	60,000,000	60,000,000
Common stock, shares issued	27,984,278	27,984,278
Common stock, shares outstanding	12,641,682	12,549,806
Treasury shares, shares	15,342,596	15,434,472

Unaudited_Condensed_Consolidat2

Unaudited Condensed Consolidated Statements of Operations (USD $)	3 Months Ended
In Thousands, except Per Share data, unless otherwise specified	Sep. 30, 2013	Sep. 30, 2012
Net sales	$183,573	$183,386
Cost of sales	124,457	124,141
Gross profit	59,116	59,245
Selling, general, and administrative expenses	41,425	41,384
Restructuring costs	3,806	235
Total operating expenses	45,231	41,619
Income from operations	13,885	17,626
Interest expense	-560	-651
Other non-operating income (expense)	454	-36
Income from continuing operations before income taxes	13,779	16,939
Provision for income taxes	3,666	5,014
Income from continuing operations	10,113	11,925
Income (loss) from discontinued operations, net of income taxes	-1,031	-95
Net income (loss)	$9,082	$11,830
Continuing operations (in Dollars per share)	$0.80	$0.95
Discontinued operations (in Dollars per share)	($0.08)	($0.01)
Total (in Dollars per share)	$0.72	$0.94
Continuing operations (in Dollars per share)	$0.79	$0.93
Discontinued operations (in Dollars per share)	($0.08)	($0.01)
Total (in Dollars per share)	$0.71	$0.92
Cash dividends per share (in Dollars per share)	$0.08	$0.07

Unaudited_Condensed_Consolidat3

Unaudited Condensed Consolidated Statements of Comprehensive Income (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2013	Sep. 30, 2012
Net income (loss)	$9,082	$11,830
Actuarial gains (losses) and other changes in unrecognized costs	-956	-307
Amortization of unrecognized costs	1,423	2,200
Change in unrealized gains and (losses)	-90	-261
Amortization of unrealized gains and (losses) into interest expense	267	261
Foreign currency translation adjustments	4,529	2,830
Other comprehensive income (loss) before tax	5,173	4,723
Actuarial gains (losses) and other changes in unrecognized costs	567	77
Amortization of unrecognized costs	-509	-804
Change in unrealized gains and (losses)	34	99
Amortization of unrealized gains and (losses) into interest expense	-101	-99
Income tax provision benefit to other comprehensive income (loss)	-9	-727
Other comprehensive income (loss), net of tax	5,164	3,996
Comprehensive income (loss)	$14,246	$15,826

Unaudited_Condensed_Consolidat4

Unaudited Condensed Consolidated Statements of Cash Flows (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2013	Sep. 30, 2012
Net income	$9,082	$11,830
(Income) loss from discontinued operations	1,031	95
Income from continuing operations	10,113	11,925
Depreciation and amortization	3,770	3,830
Stock-based compensation	849	803
Non-cash portion of restructuring charge	3,294	'
Contributions to defined benefit plans	-358	-3,564
Net changes in operating assets and liabilities	-16,416	-3,485
Net cash provided by (used in) operating activities - continuing operations	1,252	9,509
Net cash (used in) operating activities - discontinued operations	-309	-1,241
Net cash provided by (used in) operating activities	943	8,268
Expenditures for property, plant, and equipment	-4,250	-4,905
Expenditures for acquisitions, net of cash acquired	'	-38,535
Other investing activity	10	'
Net cash (used in) investing activities	-4,240	-43,440
Borrowings on revolving credit facility	17,700	56,000
Payments of revolving credit facility	-17,700	-40,000
Activity under share-based payment plans	72	68
Excess tax benefit from share-based payment activity	1,470	1,694
Purchases of treasury stock	-3,045	-5,372
Cash dividends paid	-1,004	-876
Net cash provided by (used in) financing activities	-2,507	11,514
Effect of exchange rate changes on cash and cash equivalents	795	713
Net change in cash and cash equivalents	-5,009	-22,945
Cash and cash equivalents at beginning of year	51,064	54,749
Cash and cash equivalents at end of period	$46,055	$31,804

Note_1_Management_Statement

Note 1 - Management Statement	3 Months Ended
	Sep. 30, 2013
Disclosure Text Block [Abstract]	'
Business Description and Basis of Presentation [Text Block]	'
	1)     Management Statement
	In the opinion of management, the accompanying unaudited condensed consolidated financial statements contain all adjustments necessary to present fairly the results of operations for the three months ended September 30, 2013 and 2012, the cash flows for the three months ended September 30, 2013 and 2012 and the financial position of the Company at September 30, 2013. The interim results are not necessarily indicative of results for a full year. The unaudited condensed consolidated financial statements and notes do not contain information which would substantially duplicate the disclosures contained in the audited annual consolidated financial statements and notes for the year ended June 30, 2013. The condensed consolidated balance sheet at June 30, 2013 was derived from audited financial statements, but does not include all disclosures required by accounting principles generally accepted in the United States of America. The financial statements contained herein should be read in conjunction with the Annual Report on Form 10-K and in particular the audited consolidated financial statements for the year ended June 30, 2013. Unless otherwise noted, references to years are to the Company’s fiscal years.
	The Company considers events or transactions that occur after the balance sheet date but before the financial statements are issued to provide additional evidence relative to certain estimates or to identify matters that require additional disclosure. We evaluated subsequent events through the date and time our unaudited condensed consolidated financial statements were issued.

Note_2_Acquisition

Note 2 - Acquisition	3 Months Ended
	Sep. 30, 2013
Business Combinations [Abstract]	'
Business Combination Disclosure [Text Block]	'
	2)     Acquisition
	In July 2012, the Company acquired Meder electronic AG (“Meder”), a German manufacturer of magnetic reed switch, reed relay, and reed sensor products. Meder, whose products and geographic markets are complementary to Standex Electronics, is reported under the Electronics Products Group. This investment substantially broadens the global footprint, product line offerings, and end-user markets of the Electronics segment.
	The Company paid $43.2 million in cash for 100% of the equity of Meder. Acquired intangible assets of $8.2 million consist of $3.4 million of trademarks, which are indefinite-lived, and $4.8 million of customer relationships, which are amortized over a period of 10 years. Acquired goodwill of $12.1 million is not deductible for income tax purposes due to the nature of the transaction. The Company finalized the purchase price allocation during the quarter ended December 31, 2012.
	The components of the fair value of the Meder acquisition, including the initial allocation of the purchase price and subsequent measurement period adjustments, are as follows (in thousands):
		Preliminary			Adjustments			Meder
		Allocation						Electronic
	Fair value of business combination:
	Cash payments	$	42,103		$	1,078		$	43,181
	Less: cash acquired		(3,568	)		-			(3,568	)
	Total	$	38,535		$	1,078		$	39,613
	Identifiable assets acquired and liabilities assumed:
	Current Assets	$	20,246		$	-		$	20,246
	Property, plant, and equipment		10,651			409			11,060
	Identifiable intangible assets		8,200			-			8,200
	Goodwill		11,131			932			12,063
	Other non-current assets		222			-			222
	Liabilities Assumed		(8,682	)		40			(8,642	)
	Deferred taxes		(3,233	)		(303	)		(3,536	)
	Total	$	38,535		$	1,078		$	39,613

Note_3_Discontinued_Operations

Note 3 - Discontinued Operations	3 Months Ended
	Sep. 30, 2013
Discontinued Operations and Disposal Groups [Abstract]	'
Disposal Groups, Including Discontinued Operations, Disclosure [Text Block]	'
	3)     Discontinued Operations
	In pursuing our business strategy we have divested certain businesses and recorded activities of these businesses as discontinued operations.  In December 2011, the Company entered into a plan to divest its Air Distribution Products ("ADP") business unit in order to allow the Company to focus its financial assets and managerial resources on its remaining porfolio of businesses.  On March 30, 2012, the Company completed the sale of the ADP business.  The Company has received notice that its obligations under a guarantee provided to the buyers of ADP were triggered as a resuilt of its withdrawal from a multi-employer pension plan in which the Company previously participated.  As a result, the Company has recorded a charge of $1.2 million in excess of the value of the guarantee already recorded.
	Assets and liabilities related to discontinued operations appear in the Condensed Consolidated Balance Sheets are as follows (in thousands):
		September 30,		June 30,
		2013		2013
	Current assets	$	639	$	483
	Other non-current assets		3,000		3,000
	Accrued expenses		3,576		795
	Accrued pension and other non-current liabilities		1,657		3,219

Note_4_Fair_Value_Measurements

Note 4 - Fair Value Measurements	3 Months Ended
	Sep. 30, 2013
Fair Value Disclosures [Abstract]	'
Fair Value Disclosures [Text Block]	'
	4)      Fair Value Measurements
	The financial instruments shown below are presented at fair value. Fair value is defined as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. Where available, fair value is based on observable market prices or parameters or derived from such prices or parameters. Where observable prices or inputs are not available, valuation models may be applied.
	Assets and liabilities recorded at fair value in the consolidated balance sheet are categorized based upon the level of judgment associated with the inputs used to measure their fair values. Hierarchical levels directly related to the amount of subjectivity associated with the inputs to fair valuation of these assets and liabilities and the methodologies used in valuation are as follows:
	Level 1 – Quoted prices in active markets for identical assets and liabilities. The Company’s deferred compensation plan assets consist of shares in various mutual funds (for the deferred compensation plan, investments are participant-directed) which invest in a broad portfolio of debt and equity securities. These assets are valued based on publicly quoted market prices for the funds’ shares as of the balance sheet dates.
	Level 2 – Inputs, other than quoted prices in an active market, that are observable either directly or indirectly through correlation with market data.   For foreign exchange forward contracts and interest rate swaps, the Company values the instruments based on the market price of instruments with similar terms, which are based on spot and forward rates as of the balance sheet dates. The Company has considered the creditworthiness of counterparties in valuing all assets and liabilities
	Level 3– Unobservable inputs based upon the Company’s best estimate of what market participants would use in pricing the asset or liability.
	During the three months ended September 30, 2013, there were no transfers of assets or liabilities between level 1 and level 2 of the fair value measurement hierarchy. The Company’s policy is to recognize transfers between levels as of the date they occur.
	Cash and cash equivalents, accounts receivable, and accounts payable are carried at cost, which approximates fair value.
	Items presented at fair value at September 30, 2013 and June 30, 2013 consisted of the following (in thousands):
		30-Sep-13
		Total		Level 1		Level 2		Level 3
	Assets
	Marketable securities - deferred compensation plan	$	2,539	$	2,539	$	-	$	-
	Foreign exchange contracts		464		-		464		-
	Liabilities
	Interest rate swaps	$	1,709	$	-	$	1,709	$	-
	Foreign exchange contracts		2,109		-		2,109		-
		30-Jun-13
		Total		Level 1		Level 2		Level 3
	Assets
	Marketable securities - deferred compensation plan	$	2,478	$	2,478	$	-	$	-
	Foreign exchange contracts		37		-		37		-
	Liabilities
	Interest rate swaps	$	1,875	$	-	$	1,875	$	-
	Foreign exchange contracts		1,443		-		1,443		-

Note_5_Inventories

Note 5 - Inventories	3 Months Ended
	Sep. 30, 2013
Inventory Disclosure [Abstract]	'
Inventory Disclosure [Text Block]	'
	5)     Inventories
	Inventories are comprised of the following (in thousands):
		30-Sep-13		30-Jun-13
	Raw materials	$	41,143	$	37,906
	Work in process		25,477		24,112
	Finished goods		23,220		22,938
	Total	$	89,840	$	84,956
	Distribution costs associated with the sale of inventory are recorded as a component of selling, general and administrative expenses in the accompanying unaudited condensed consolidated statements of operations and were $5.8 million and $5.9 million for the three months ended September 30, 2013 and 2012, respectively.

Note_6_Goodwill

Note 6 - Goodwill	3 Months Ended
	Sep. 30, 2013
Disclosure Text Block Supplement [Abstract]	'
Goodwill Disclosure [Text Block]	'
	6)     Goodwill
	Changes to goodwill during the three months ended September 30, 2013 were as follows (in thousands):
		30-Jun-13							30-Sep-13
		Gross		Accumulated Impairment			Net		Translation Adjustment		Net
	Food Service Equipment Group	$	63,729	$	(17,939	)	$	45,790	$	4	$	45,794
	Engraving Group		20,614		-			20,614		99		20,713
	Engineering Technologies Group		10,861		-			10,861		682		11,543
	Electronics Products Group		31,582		-			31,582		809		32,391
	Hydraulics Products Group		3,058		-			3,058		-		3,058
	Total	$	129,844	$	(17,939	)	$	111,905	$	1,594	$	113,499

Note_7_Intangible_Assets

Note 7 - Intangible Assets	3 Months Ended
	Sep. 30, 2013
Disclosure Text Block [Abstract]	'
Intangible Assets Disclosure [Text Block]	'
	7)     Intangible Assets
	Intangible assets consist of the following (in thousands):
		Customer Relationships			Trademarks		Other			Total
	30-Sep-13
	Cost	$	32,439		$	12,986	$	4,921		$	50,346
	Accumulated amortization		(20,409	)		-		(3,673	)		(24,082	)
	Balance, September 30, 2013	$	12,030		$	12,986	$	1,248		$	26,264
	30-Jun-13
	Cost	$	31,850		$	12,878	$	4,228		$	48,956
	Accumulated amortization		(19,529	)		-		(3,590	)		(23,119	)
	Balance, June 30, 2013	$	12,321		$	12,878	$	638		$	25,837
	Amortization expense for the three months ended September 30, 2013 and 2012 was $0.7 million and $0.6 million, respectively. At September 30, 2013, amortization expense is estimated to be $2.0 million in the remainder of 2014, $2.3 million in 2015, $1.9 million in 2016, $1.5 million in 2017, $1.4 million in 2018, and $4.2 million thereafter.

Note_8_Debt

Note 8 - Debt	3 Months Ended
	Sep. 30, 2013
Debt Disclosure [Abstract]	'
Debt Disclosure [Text Block]	'
	8)     Debt
	As of September 30, 2013, the Company’s debt is due as follows (in thousands):
	Fiscal Year
	2014	$	15
	2015		15
	2016		15
	2017		50,015
	2018		7
	Thereafter		-
		$	50,067
	Bank Credit Agreements
	The Company has in place a five-year $225 million unsecured Revolving Credit Facility (“Credit Agreement”, “the facility”), which expires in January 2017 and includes a letter of credit sub-facility with a limit of $30 million and a $100 million accordion feature. As of September 30, 2013 the Company has used $10.8 million against the letter of credit sub-facility. The Company had the ability to borrow $164.1 million under the facility.
	At September 30, 2013, the carrying value of the current borrowings under the facility approximated fair value.

Note_9_Derivative_Financial_In

Note 9 - Derivative Financial Instruments	3 Months Ended
	Sep. 30, 2013
Derivative Instruments and Hedging Activities Disclosure [Abstract]	'
Derivative Instruments and Hedging Activities Disclosure [Text Block]	'
	9) Derivative Financial Instruments
	Interest Rate Swaps
	From time to time as dictated by market opportunities, the Company enters into interest rate swap agreements designed to manage exposure to interest rates on the Company’s variable rate indebtedness. The Company recognizes all derivatives on its balance sheet at fair value. The Company has designated its interest rate swap agreements, including those that are forward-dated, as cash flow hedges, and changes in the fair value of the swaps are recognized in other comprehensive income until the hedged items are recognized in earnings. Hedge ineffectiveness, if any, associated with the swaps will be reported by the Company in interest expense.
	The Company’s effective swap agreements convert the base borrowing rate on $45 million of debt due under our revolving credit agreement from a variable rate equal to LIBOR to a weighted average fixed rate of 2.40% at September 30, 2013. The fair value of the swaps recognized in accrued expenses and in other comprehensive income is as follows (in thousands):
											Fair Value
	Effective Date	Notional Amount				Fixed Rate			Maturity		September 30,			June 30,
											2013			2013
	1-Jun-10	$	5,000,000				2.495	%	24-May-15		$	(185	)	$	(205	)
	1-Jun-10		5,000,000				2.495	%	24-May-15			(185	)		(205	)
	8-Jun-10		10,000,000				2.395	%	26-May-15			(352	)		(389	)
	9-Jun-10		5,000,000				2.34	%	26-May-15			(172	)		(190	)
	18-Jun-10		5,000,000				2.38	%	24-May-15			(175	)		(194	)
	21-Sep-11		5,000,000				1.28	%	21-Sep-13			-			(14	)
	21-Sep-11		5,000,000				1.595	%	22-Sep-14			(69	)		(83	)
	15-Mar-12		10,000,000				2.745	%	15-Mar-16			(571	)		(595	)
											$	(1,709	)	$	(1,875	)
	The Company reported no losses for the three months ended September 30, 2013, as a result of hedge ineffectiveness. Future changes in these swap arrangements, including termination of the agreements, may result in a reclassification of any gain or loss reported in accumulated other comprehensive income (loss) into earnings as an adjustment to interest expense. Accumulated other comprehensive income (loss) related to these instruments is being amortized into interest expense concurrent with the hedged exposure.
	Foreign Exchange Contracts
	Forward foreign currency exchange contracts are used to limit the impact of currency fluctuations on certain anticipated foreign cash flows, such as foreign sales, foreign purchases of materials, and loan payments to and from subsidiaries. The Company enters into such contracts for hedging purposes only. For hedges of intercompany loan payments, the Company has not elected hedge accounting due to the general short-term nature and predictability of the transactions, and records derivative gains and losses directly to the statement of operations. At September 30, 2013 and June 30, 2013, the Company had outstanding forward contracts related to hedges of intercompany loans with net unrealized (losses) of ($1.6) million and ($1.4) million, respectively, which approximate the unrealized gains and losses on the related loans. The notional amounts of the Company’s forward contracts, by currency, are as follows:
		Notional Amount
		(in native currency)
	Currency	September 30,				June 30,
		2013				2013
	Euro		45,679,064				48,349,064
	British Pound Sterling		2,000,000				2,580,289
	Canadian Dollar		3,600,000				3,600,000
	The table below presents the fair value of derivative financial instruments as well as their classification on the balance sheet (in thousands):
		Assets Derivatives
		September 30 ,2013					June 30,2013
	Derivative designated as hedging instruments	Balance		Fair Value			Balance		Fair Value
		Sheet					Sheet
		Line Item					Line Item
	Foreign exchange contracts	Other Assets		$	464		Other Assets		$	37
		Liability Derivatives
		September 30 ,2013					June 30,2013
	Derivative designated as hedging instruments	Balance		Fair Value			Balance		Fair Value
		Sheet					Sheet
		Line Item					Line Item
	Interest rate swaps	Accrued Liabilities		$	1,709		Accrued Liabilities		$	1,875
	Foreign exchange contracts	Accrued Liabilities			2,109		Accrued Liabilities			1,443
				$	3,818				$	3,318
	The table below presents the amount of gain (loss) recognized in comprehensive income on our derivative financial instruments (effective portion) designated as hedging instruments and their classification within comprehensive income for the periods ended (in thousands):
		Three Months Ended
		September 30,
		2013				2012
	Interest rate swaps	$	(90	)		$	(261	)
	The table below presents the amount reclassified from accumulated other comprehensive income (loss) to Net Income for the periods ended (in thousands):
	Details about Accumulated	Three Months Ended							Affected line item
	Other Comprehensive								in the Statements
	Income (Loss) Components	September 30,							of Operations
		2013				2012
	Interest rate swaps	$	267			$	261		Interest expense

Note_10_Retirement_Benefits

Note 10 - Retirement Benefits	3 Months Ended
	Sep. 30, 2013
Compensation and Retirement Disclosure [Abstract]	'
Pension and Other Postretirement Benefits Disclosure [Text Block]	'
	10)     Retirement Benefits
	The Company has defined benefit pension plans covering certain current and former employees both inside and outside of the U.S. The Company’s pension plan for U.S. salaried employees was frozen as of December 31, 2007, and participants in the plan ceased accruing future benefits. The Company’s pension plan was frozen for substantially all remaining participants as of July 31, 2013, and replaced with a defined contribution benefit plan. Net Periodic Benefit Cost for the Company’s U.S. and Foreign pension benefit plans for the three months ended September 30, 2013 and 2012 consisted of the following components (in thousands):
		U.S. Plans						Non-U.S. Plans
		Three Months Ended						Three Months Ended
		September 30,						September 30,
		2013			2012			2013			2012
	Service cost	$	85		$	176		$	11		$	10
	Interest cost		2,810			2,735			414			417
	Expected return on plan assets		(3,378	)		(3,698	)		(370	)		(336	)
	Recognized net actuarial loss		1,172			1,894			196			226
	Amortization of prior service cost		15			26			-			(14	)
	Net periodic benefit cost	$	704		$	1,133		$	251		$	303
	The Company expects to pay $1.5 million in contributions to the plans during 2014 of which, $0.4 million were made during the first quarter of 2014. Contributions of $3.6 million were made during the three months ended September 30, 2012, which included a $3.25 million voluntary contribution made in July 2012, retroactive to June 2012, in order to take advantage of legislation that allowed our U.S. plan to be 100% funded under Pension Protection Act rules at June 30, 2012.

Note_11_Income_Taxes

Note 11 - Income Taxes	3 Months Ended
	Sep. 30, 2013
Income Tax Disclosure [Abstract]	'
Income Tax Disclosure [Text Block]	'
	11)     Income Taxes
	The Company's effective tax rate for the three months ended September 30, 2013 was 26.6% compared with 29.6% for same period last year. The lower effective tax rate in the first quarter of 2014 was primarily due to the impact of a decrease in the statutory tax rate in the United Kingdom on deferred tax liabilities recorded in prior periods.

Note_12_Earnings_Per_Share

Note 12 - Earnings Per Share	3 Months Ended
	Sep. 30, 2013
Earnings Per Share [Abstract]	'
Earnings Per Share [Text Block]	'
	12)     Earnings Per Share
	The following table sets forth a reconciliation of the number of shares (in thousands) used in the computation of basic and diluted earnings per share:
		Three Months Ended
		September 30,
		2013		2012
	Basic - Average shares outstanding		12,573		12,559
	Effect of dilutive securities:
	Unvested stock awards		196		251
	Diluted - Average shares outstanding		12,769		12,810
	Earnings available to common stockholders are the same for computing both basic and diluted earnings per share. No options to purchase common stock were excluded as anti-dilutive from the calculation of diluted earnings per share for the three months ended September 30, 2013 and 2012, respectively.
	35,514 and 33,111 performance stock units are excluded from the diluted earnings per share calculation as the performance criteria have not been met for the three months ended September 30, 2013 and 2012, respectively.

Note_13_Comprehensive_Income_L

Note 13 - Comprehensive Income (Loss)	3 Months Ended
	Sep. 30, 2013
Disclosure Text Block [Abstract]	'
Comprehensive Income (Loss) Note [Text Block]	'
	13)     Comprehensive Income (Loss)
	The components of the Company’s accumulated other comprehensive loss are as follows (in thousands):
		September 30,			30-Jun-13
		2013
	Foreign currency translation adjustment	$	8,274		$	3,745
	Unrealized pension losses, net of tax		(67,332	)		(67,857	)
	Unrealized losses on derivative instruments, net of tax		(1,058	)		(1,168	)
	Total	$	(60,116	)	$	(65,280	)

Note_14_Contingencies

Note 14 - Contingencies	3 Months Ended
	Sep. 30, 2013
Loss Contingency [Abstract]	'
Contingencies Disclosure [Text Block]	'
	14)     Contingencies
	From time to time, the Company is subject to various claims and legal proceedings, including claims related to environmental remediation, either asserted or unasserted, that arise in the ordinary course of business. While the outcome of these proceedings and claims cannot be predicted with certainty, the Company’s management does not believe that the outcome of any of the currently existing legal matters will have a material impact on the Company’s consolidated financial position, results of operations or cash flow. The Company accrues for losses related to a claim or litigation when the Company’s management considers a potential loss probable and can reasonably estimate such potential loss.

Note_15_Industry_Segment_Infor

Note 15 - Industry Segment Information	3 Months Ended
	Sep. 30, 2013
Segment Reporting [Abstract]	'
Segment Reporting Disclosure [Text Block]	'
	15)     Industry Segment Information
	The Company has determined that it has five reportable segments organized around the types of product sold:
	•	Food Service Equipment Group– an aggregation of seven operating segments that manufacture and sell commercial food service equipment.
	•	Engraving Group – provides mold texturizing, roll engraving and process machinery for a number of industries.
	•	Engineering Technologies Group – provides customized solutions in the fabrication and machining of engineered components for the aerospace, energy, aviation, medical, oil and gas, and general industrial markets.
	•	Electronics Products Group – manufacturing and selling of electronic components for applications throughout the end-user market spectrum.
	•	Hydraulics Products Group – manufacturing and selling of single- and double-acting telescopic and piston rod hydraulic cylinders.
	Net sales and income (loss) from continuing operations by segment for the three months ended September 30, 2013 and 2012 were as follows (in thousands):
			Three Months Ended September 30,
			Net Sales				Income from Operations
			2013		2012		2013			2012
	Segment:
	Food Service Equipment Group		$	105,344	$	109,323	$	8,790		$	13,348
	Engraving Group			25,027		23,356		4,773			4,552
	Engineering Technologies Group			17,265		15,730		2,082			1,693
	Electronics Products Group			28,144		27,839		5,138			3,088
	Hydraulics Products Group			7,793		7,138		1,174			971
	Restructuring costs			-		-		(3,806	)		(235	)
	Corporate			-		-		(4,266	)		(5,791	)
	Sub-total		$	183,573	$	183,386	$	13,885		$	17,626
	Interest expense							(560	)		(651	)
	Other non-operating income							454			(36	)
	Income from continuing operations before income taxes						$	13,779		$	16,939
	Net sales include only transactions with unaffiliated customers and include no intersegment sales. Income (loss) from operations by segment excludes interest expense and other non-operating income (expense).

Note_16_Restructuring

Note 16 - Restructuring	3 Months Ended
	Sep. 30, 2013
Restructuring and Related Activities [Abstract]	'
Restructuring and Related Activities Disclosure [Text Block]	'
	16) Restructuring
	The Company has undertaken cost reduction and facility consolidation initiatives that have resulted in severance, restructuring, and related charges. A summary of charges by initiative is as follows (in thousands):
		Three Months Ended
		30-Sep-13
		Involuntary Employee Severance and Benefit Costs			Other			Total
	2014 Restructuring initiatives	$	351		$	3,383		$	3,734
	Prior year initiatives		72			-			72
		$	423		$	3,383		$	3,806
		Three Months Ended
		30-Sep-12
		Involuntary Employee Severance and Benefit Costs			Other			Total
	Prior year initiatives	$	218		$	17		$	235
	2014 Restructuring Initiatives
	On August 23, 2013 the Company announced a consolidation of its Cheyenne, Wyoming plant into its Mexico facility and other Cooking Solutions operations in North America. The Company expects to record a pre-tax restructuring charge related to the Food Service Equipment segment during fiscal 2014 in the range of $7.5 to $8.0 million, which includes a non-cash charge of $3.3 million related to the impairment of long-lived assets recorded during the first quarter of fiscal year 2014.
	Activity in the reserves related to fiscal year 2014 restructuring initiatives is as follows (in thousands):
		Involuntary Employee Severance and Benefit Costs			Other			Total
	Restructuring liabilities at June 30, 2013	$	-			-		$	-
	Additions and adjustments		351			89			440
	Payments		(266	)		(83	)		(349	)
	Restructuring liabilities at September 30, 2013	$	85		$	6		$	91
	Prior Year Initiatives
	Activity in the reserve related to the prior year restructuring initiatives is as follows (in thousands):
		Involuntary Employee Severance and Benefit Costs			Other			Total
	Restructuring liabilities at June 30, 2013	$	10			-		$	10
	Additions and adjustments		72			-			72
	Payments		(82	)		-			(82	)
	Restructuring liabilities at September 30, 2013	$	-		$	-		$	-
	The Company’s total restructuring expenses by segment are as follows (in thousands):
		Three Months Ended
		30-Sep-13
		Involuntary Employee Severance and Benefit Costs			Other			Total
	Food Service Equipment Group	$	18		$	3,328		$	3,346
	Engraving Group		245		$	7			252
	Electronics Products Group		160		$	48			208
		$	423		$	3,383		$	3,806
		Three Months Ended
		30-Sep-12
		Involuntary Employee Severance and Benefit Costs			Other			Total
	Engraving Group	$	218		$	17		$	235

Note_2_Acquisition_Tables

Note 2 - Acquisition (Tables) (Meder Acquisition [Member])	3 Months Ended
	Sep. 30, 2013
Meder Acquisition [Member]	'
Note 2 - Acquisition (Tables) [Line Items]	'
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block]	'
		Preliminary			Adjustments			Meder
		Allocation						Electronic
	Fair value of business combination:
	Cash payments	$	42,103		$	1,078		$	43,181
	Less: cash acquired		(3,568	)		-			(3,568	)
	Total	$	38,535		$	1,078		$	39,613
	Identifiable assets acquired and liabilities assumed:
	Current Assets	$	20,246		$	-		$	20,246
	Property, plant, and equipment		10,651			409			11,060
	Identifiable intangible assets		8,200			-			8,200
	Goodwill		11,131			932			12,063
	Other non-current assets		222			-			222
	Liabilities Assumed		(8,682	)		40			(8,642	)
	Deferred taxes		(3,233	)		(303	)		(3,536	)
	Total	$	38,535		$	1,078		$	39,613

Note_3_Discontinued_Operations1

Note 3 - Discontinued Operations (Tables)	3 Months Ended
	Sep. 30, 2013
Discontinued Operations and Disposal Groups [Abstract]	'
Schedule Of Disposal Groups Including Discontinued Operations Balance Sheet Table Text Block	'
		September 30,		June 30,
		2013		2013
	Current assets	$	639	$	483
	Other non-current assets		3,000		3,000
	Accrued expenses		3,576		795
	Accrued pension and other non-current liabilities		1,657		3,219

Note_4_Fair_Value_Measurements1

Note 4 - Fair Value Measurements (Tables)	3 Months Ended
	Sep. 30, 2013
Fair Value Disclosures [Abstract]	'
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block]	'
		30-Sep-13
		Total		Level 1		Level 2		Level 3
	Assets
	Marketable securities - deferred compensation plan	$	2,539	$	2,539	$	-	$	-
	Foreign exchange contracts		464		-		464		-
	Liabilities
	Interest rate swaps	$	1,709	$	-	$	1,709	$	-
	Foreign exchange contracts		2,109		-		2,109		-
		30-Jun-13
		Total		Level 1		Level 2		Level 3
	Assets
	Marketable securities - deferred compensation plan	$	2,478	$	2,478	$	-	$	-
	Foreign exchange contracts		37		-		37		-
	Liabilities
	Interest rate swaps	$	1,875	$	-	$	1,875	$	-
	Foreign exchange contracts		1,443		-		1,443		-

Note_5_Inventories_Tables

Note 5 - Inventories (Tables)	3 Months Ended
	Sep. 30, 2013
Inventory Disclosure [Abstract]	'
Schedule of Inventory, Current [Table Text Block]	'
		30-Sep-13		30-Jun-13
	Raw materials	$	41,143	$	37,906
	Work in process		25,477		24,112
	Finished goods		23,220		22,938
	Total	$	89,840	$	84,956

Note_6_Goodwill_Tables

Note 6 - Goodwill (Tables)	3 Months Ended
	Sep. 30, 2013
Disclosure Text Block Supplement [Abstract]	'
Schedule of Goodwill [Table Text Block]	'
		30-Jun-13							30-Sep-13
		Gross		Accumulated Impairment			Net		Translation Adjustment		Net
	Food Service Equipment Group	$	63,729	$	(17,939	)	$	45,790	$	4	$	45,794
	Engraving Group		20,614		-			20,614		99		20,713
	Engineering Technologies Group		10,861		-			10,861		682		11,543
	Electronics Products Group		31,582		-			31,582		809		32,391
	Hydraulics Products Group		3,058		-			3,058		-		3,058
	Total	$	129,844	$	(17,939	)	$	111,905	$	1,594	$	113,499

Note_7_Intangible_Assets_Table

Note 7 - Intangible Assets (Tables)	15 Months Ended
	Sep. 30, 2013
Disclosure Text Block [Abstract]	'
Schedule O fIntangible Assets Excluding Goodwill Table Text Block	'
		Customer Relationships			Trademarks		Other			Total
	30-Sep-13
	Cost	$	32,439		$	12,986	$	4,921		$	50,346
	Accumulated amortization		(20,409	)		-		(3,673	)		(24,082	)
	Balance, September 30, 2013	$	12,030		$	12,986	$	1,248		$	26,264
	30-Jun-13
	Cost	$	31,850		$	12,878	$	4,228		$	48,956
	Accumulated amortization		(19,529	)		-		(3,590	)		(23,119	)
	Balance, June 30, 2013	$	12,321		$	12,878	$	638		$	25,837

Note_8_Debt_Tables

Note 8 - Debt (Tables)	3 Months Ended
	Sep. 30, 2013
Debt Disclosure [Abstract]	'
Schedule of Maturities of Long-term Debt [Table Text Block]	'
	Fiscal Year
	2014	$	15
	2015		15
	2016		15
	2017		50,015
	2018		7
	Thereafter		-
		$	50,067

Note_9_Derivative_Financial_In1

Note 9 - Derivative Financial Instruments (Tables)	3 Months Ended
	Sep. 30, 2013
Derivative Instruments and Hedging Activities Disclosure [Abstract]	'
Schedule of Interest Rate Derivatives [Table Text Block]	'
											Fair Value
	Effective Date	Notional Amount				Fixed Rate			Maturity		September 30,			June 30,
											2013			2013
	1-Jun-10	$	5,000,000				2.495	%	24-May-15		$	(185	)	$	(205	)
	1-Jun-10		5,000,000				2.495	%	24-May-15			(185	)		(205	)
	8-Jun-10		10,000,000				2.395	%	26-May-15			(352	)		(389	)
	9-Jun-10		5,000,000				2.34	%	26-May-15			(172	)		(190	)
	18-Jun-10		5,000,000				2.38	%	24-May-15			(175	)		(194	)
	21-Sep-11		5,000,000				1.28	%	21-Sep-13			-			(14	)
	21-Sep-11		5,000,000				1.595	%	22-Sep-14			(69	)		(83	)
	15-Mar-12		10,000,000				2.745	%	15-Mar-16			(571	)		(595	)
											$	(1,709	)	$	(1,875	)
Schedule of Foreign Exchange Contracts, Statement of Financial Position [Table Text Block]	'
		Notional Amount
		(in native currency)
	Currency	September 30,				June 30,
		2013				2013
	Euro		45,679,064				48,349,064
	British Pound Sterling		2,000,000				2,580,289
	Canadian Dollar		3,600,000				3,600,000
Schedule of Derivative Instruments, Effect on Other Comprehensive Income (Loss) [Table Text Block]	'
		Assets Derivatives
		September 30 ,2013					June 30,2013
	Derivative designated as hedging instruments	Balance		Fair Value			Balance		Fair Value
		Sheet					Sheet
		Line Item					Line Item
	Foreign exchange contracts	Other Assets		$	464		Other Assets		$	37
		Liability Derivatives
		September 30 ,2013					June 30,2013
	Derivative designated as hedging instruments	Balance		Fair Value			Balance		Fair Value
		Sheet					Sheet
		Line Item					Line Item
	Interest rate swaps	Accrued Liabilities		$	1,709		Accrued Liabilities		$	1,875
	Foreign exchange contracts	Accrued Liabilities			2,109		Accrued Liabilities			1,443
				$	3,818				$	3,318
Derivative Instruments, Gain (Loss) [Table Text Block]	'
		Three Months Ended
		September 30,
		2013				2012
	Interest rate swaps	$	(90	)		$	(261	)
Reclassification out of Accumulated Other Comprehensive Income [Table Text Block]	'
	Details about Accumulated	Three Months Ended							Affected line item
	Other Comprehensive								in the Statements
	Income (Loss) Components	September 30,							of Operations
		2013				2012
	Interest rate swaps	$	267			$	261		Interest expense

Note_10_Retirement_Benefits_Ta

Note 10 - Retirement Benefits (Tables) (Pension Plans [Member])	3 Months Ended
	Sep. 30, 2013
Pension Plans [Member]	'
Note 10 - Retirement Benefits (Tables) [Line Items]	'
Schedule of Net Benefit Costs [Table Text Block]	'
		U.S. Plans						Non-U.S. Plans
		Three Months Ended						Three Months Ended
		September 30,						September 30,
		2013			2012			2013			2012
	Service cost	$	85		$	176		$	11		$	10
	Interest cost		2,810			2,735			414			417
	Expected return on plan assets		(3,378	)		(3,698	)		(370	)		(336	)
	Recognized net actuarial loss		1,172			1,894			196			226
	Amortization of prior service cost		15			26			-			(14	)
	Net periodic benefit cost	$	704		$	1,133		$	251		$	303

Note_12_Earnings_Per_Share_Tab

Note 12 - Earnings Per Share (Tables)	3 Months Ended
	Sep. 30, 2013
Earnings Per Share [Abstract]	'
Schedule of Weighted Average Number of Shares [Table Text Block]	'
		Three Months Ended
		September 30,
		2013		2012
	Basic - Average shares outstanding		12,573		12,559
	Effect of dilutive securities:
	Unvested stock awards		196		251
	Diluted - Average shares outstanding		12,769		12,810

Note_13_Comprehensive_Income_L1

Note 13 - Comprehensive Income (Loss) (Tables)	3 Months Ended
	Sep. 30, 2013
Disclosure Text Block [Abstract]	'
Schedule of Accumulated Other Comprehensive Income (Loss) [Table Text Block]	'
		September 30,			30-Jun-13
		2013
	Foreign currency translation adjustment	$	8,274		$	3,745
	Unrealized pension losses, net of tax		(67,332	)		(67,857	)
	Unrealized losses on derivative instruments, net of tax		(1,058	)		(1,168	)
	Total	$	(60,116	)	$	(65,280	)

Note_15_Industry_Segment_Infor1

Note 15 - Industry Segment Information (Tables) (Income (Loss) From Opreations and Capital Expenditures [Member])	3 Months Ended
	Sep. 30, 2013
Income (Loss) From Opreations and Capital Expenditures [Member]	'
Note 15 - Industry Segment Information (Tables) [Line Items]	'
Schedule of Segment Reporting Information, by Segment [Table Text Block]	'
		Three Months Ended September 30,
		Net Sales				Income from Operations
		2013		2012		2013			2012
	Segment:
	Food Service Equipment Group	$	105,344	$	109,323	$	8,790		$	13,348
	Engraving Group		25,027		23,356		4,773			4,552
	Engineering Technologies Group		17,265		15,730		2,082			1,693
	Electronics Products Group		28,144		27,839		5,138			3,088
	Hydraulics Products Group		7,793		7,138		1,174			971
	Restructuring costs		-		-		(3,806	)		(235	)
	Corporate		-		-		(4,266	)		(5,791	)
	Sub-total	$	183,573	$	183,386	$	13,885		$	17,626
	Interest expense						(560	)		(651	)
	Other non-operating income						454			(36	)
	Income from continuing operations before income taxes					$	13,779		$	16,939

Note_16_Restructuring_Tables

Note 16 - Restructuring (Tables)	3 Months Ended
	Sep. 30, 2013
Restructuring and Related Activities [Abstract]	'
Restructuring and Related Costs [Table Text Block]	'
		Three Months Ended
		30-Sep-13
		Involuntary Employee Severance and Benefit Costs			Other			Total
	2014 Restructuring initiatives	$	351		$	3,383		$	3,734
	Prior year initiatives		72			-			72
		$	423		$	3,383		$	3,806
		Three Months Ended
		30-Sep-12
		Involuntary Employee Severance and Benefit Costs			Other			Total
	Prior year initiatives	$	218		$	17		$	235
Schedule of Restructuring Reserve by Type of Cost [Table Text Block]	'
		Involuntary Employee Severance and Benefit Costs			Other			Total
	Restructuring liabilities at June 30, 2013	$	-			-		$	-
	Additions and adjustments		351			89			440
	Payments		(266	)		(83	)		(349	)
	Restructuring liabilities at September 30, 2013	$	85		$	6		$	91
		Involuntary Employee Severance and Benefit Costs			Other			Total
	Restructuring liabilities at June 30, 2013	$	10			-		$	10
	Additions and adjustments		72			-			72
	Payments		(82	)		-			(82	)
	Restructuring liabilities at September 30, 2013	$	-		$	-		$	-
	'
		Three Months Ended
		30-Sep-13
		Involuntary Employee Severance and Benefit Costs			Other			Total
	Food Service Equipment Group	$	18		$	3,328		$	3,346
	Engraving Group		245		$	7			252
	Electronics Products Group		160		$	48			208
		$	423		$	3,383		$	3,806
		Three Months Ended
		30-Sep-12
		Involuntary Employee Severance and Benefit Costs			Other			Total
	Engraving Group	$	218		$	17		$	235

Note_2_Acquisition_Details

Note 2 - Acquisition (Details) (USD $)	Sep. 30, 2013	Jun. 30, 2013	Jul. 31, 2012	Sep. 30, 2013
			Meder Electronic [Member]	Meder Electronic [Member]
Note 2 - Acquisition (Details) [Line Items]	'	'	'	'
Payments to Acquire Businesses, Gross	'	'	$43,200,000	$43,181,000
Ownership Interest Acquired	'	'	100.00%	'
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill	'	'	8,200,000	8,200,000
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Indefinite-Lived Intangible Assets	'	'	3,400,000	'
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Finite-Lived Intangibles	'	'	4,800,000	'
Acquired Finite-lived Intangible Assets, Weighted Average Useful Life	'	'	'10 years	'
Goodwill	$113,499,000	$111,905,000	$12,100,000	$12,063,000

Note_2_Acquisition_Details_Com

Note 2 - Acquisition (Details) - Components of fair value of acquisitions and allocation of purchase price (USD $)	3 Months Ended			3 Months Ended		1 Months Ended	3 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2012	Sep. 30, 2013	Jun. 30, 2013	Sep. 30, 2013	Sep. 30, 2013	Jul. 31, 2012	Sep. 30, 2013
				Preliminary Allocation [Member]	Adjustments [Member]	Meder Electronic [Member]	Meder Electronic [Member]
Fair value of business combination:	'	'	'	'	'	'	'
Cash payments	'	'	'	$42,103	$1,078	$43,200	$43,181
Less: cash acquired	'	'	'	-3,568	'	'	-3,568
Total	38,535	'	'	38,535	1,078	'	39,613
Identifiable assets acquired and liabilities assumed:	'	'	'	'	'	'	'
Current Assets	'	'	'	20,246	'	'	20,246
Property, plant, and equipment	'	'	'	10,651	409	'	11,060
Identifiable intangible assets	'	'	'	8,200	'	8,200	8,200
Goodwill	'	113,499	111,905	11,131	932	12,100	12,063
Other non-current assets	'	'	'	222	'	'	222
Liabilities Assumed	'	'	'	-8,682	40	'	-8,642
Deferred taxes	'	'	'	-3,233	-303	'	-3,536
Total	'	'	'	$38,535	$1,078	'	$39,613

Note_3_Discontinued_Operations2

Note 3 - Discontinued Operations (Details) (Standex Air Distribution Products, Inc. [Member], USD $)	3 Months Ended
In Millions, unless otherwise specified	Sep. 30, 2013
Standex Air Distribution Products, Inc. [Member]	'
Note 3 - Discontinued Operations (Details) [Line Items]	'
Discontinued Operation, Income (Loss) from Discontinued Operation, before Income Tax	($1.20)

Note_3_Discontinued_Operations3

Note 3 - Discontinued Operations (Details) - Assets and liabilities related to discontinued operations (USD $)	Sep. 30, 2013	Jun. 30, 2013
In Thousands, unless otherwise specified
Assets and liabilities related to discontinued operations [Abstract]	'	'
Current assets	$639	$483
Other non-current assets	3,000	3,000
Accrued expenses	3,576	795
Accrued pension and other non-current liabilities	$1,657	$3,219

Note_4_Fair_Value_Measurements2

Note 4 - Fair Value Measurements (Details) - Fair Value Measurements (USD $)	Sep. 30, 2013	Jun. 30, 2013
In Thousands, unless otherwise specified
Note 4 - Fair Value Measurements (Details) - Fair Value Measurements [Line Items]	'	'
Foreign exchange contracts, assets	$464	$37
Interest rate swaps	1,709	1,875
Foreign exchange contracts, liabilities	2,109	1,443
Deferred Compensation Plan [Member] | Fair Value, Inputs, Level 1 [Member]	'	'
Note 4 - Fair Value Measurements (Details) - Fair Value Measurements [Line Items]	'	'
Marketable securities - deferred compensation plan	2,539	2,478
Deferred Compensation Plan [Member]	'	'
Note 4 - Fair Value Measurements (Details) - Fair Value Measurements [Line Items]	'	'
Marketable securities - deferred compensation plan	2,539	2,478
Fair Value, Inputs, Level 2 [Member]	'	'
Note 4 - Fair Value Measurements (Details) - Fair Value Measurements [Line Items]	'	'
Foreign exchange contracts, assets	464	37
Interest rate swaps	1,709	1,875
Foreign exchange contracts, liabilities	$2,109	$1,443

Note_5_Inventories_Details

Note 5 - Inventories (Details) (USD $)	3 Months Ended
In Millions, unless otherwise specified	Sep. 30, 2013	Sep. 30, 2012
Inventory Disclosure [Abstract]	'	'
Selling Expense	$5.80	$5.90

Note_5_Inventories_Details_Inv

Note 5 - Inventories (Details) - Inventories (USD $)	Sep. 30, 2013	Jun. 30, 2013
In Thousands, unless otherwise specified
Inventories [Abstract]	'	'
Raw materials	$41,143	$37,906
Work in process	25,477	24,112
Finished goods	23,220	22,938
Total	$89,840	$84,956

Note_6_Goodwill_Details_Change

Note 6 - Goodwill (Details) - Changes to Goodwill (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2013	Jun. 30, 2013
Goodwill [Line Items]	'	'
Goodwill, Gross	'	$129,844
Accumulated Impairment	'	-17,939
Goodwill, Net	113,499	111,905
Translation Adjustment	1,594	'
Food Service Equipment Group [Member]	'	'
Goodwill [Line Items]	'	'
Goodwill, Gross	'	63,729
Accumulated Impairment	'	-17,939
Goodwill, Net	45,794	45,790
Translation Adjustment	4	'
Engraving Group [Member]	'	'
Goodwill [Line Items]	'	'
Goodwill, Gross	'	20,614
Goodwill, Net	20,713	20,614
Translation Adjustment	99	'
Engineering Technologies Group [Member]	'	'
Goodwill [Line Items]	'	'
Goodwill, Gross	'	10,861
Goodwill, Net	11,543	10,861
Translation Adjustment	682	'
Electronics Products Group [Member]	'	'
Goodwill [Line Items]	'	'
Goodwill, Gross	'	31,582
Goodwill, Net	32,391	31,582
Translation Adjustment	809	'
Hydraulics Products Group [Member]	'	'
Goodwill [Line Items]	'	'
Goodwill, Gross	'	3,058
Goodwill, Net	$3,058	$3,058

Note_7_Intangible_Assets_Detai

Note 7 - Intangible Assets (Details) (USD $)	3 Months Ended
In Millions, unless otherwise specified	Sep. 30, 2013	Sep. 30, 2012
Disclosure Text Block [Abstract]	'	'
Amortization of Intangible Assets	$0.70	$0.60
Finite-Lived Intangible Assets, Amortization Expense, Next Twelve Months	2	'
Finite-Lived Intangible Assets, Amortization Expense, Year Two	2.3	'
Finite-Lived Intangible Assets, Amortization Expense, Year Three	1.9	'
Finite-Lived Intangible Assets, Amortization Expense, Year Four	1.5	'
Finite-Lived Intangible Assets, Amortization Expense, Year Five	1.4	'
Finite-Lived Intangible Assets, Amortization Expense, after Year Five	$4.20	'

Note_7_Intangible_Assets_Detai1

Note 7 - Intangible Assets (Details) - Intangible assets (USD $)	Sep. 30, 2013	Jun. 30, 2013
In Thousands, unless otherwise specified
Note 7 - Intangible Assets (Details) - Intangible assets [Line Items]	'	'
Cost	$50,346	$48,956
Accumulated amortization	-24,082	-23,119
Balance	26,264	25,837
Trademarks (Indefinite-Lived) [Member]	'	'
Note 7 - Intangible Assets (Details) - Intangible assets [Line Items]	'	'
Cost	12,986	12,878
Balance	12,986	12,878
Customer Relationships [Member]	'	'
Note 7 - Intangible Assets (Details) - Intangible assets [Line Items]	'	'
Cost	32,439	31,850
Accumulated amortization	-20,409	-19,529
Balance	12,030	12,321
Other Intangible Assets [Member]	'	'
Note 7 - Intangible Assets (Details) - Intangible assets [Line Items]	'	'
Cost	4,921	4,228
Accumulated amortization	-3,673	-3,590
Balance	$1,248	$638

Note_8_Debt_Details

Note 8 - Debt (Details) (USD $)	3 Months Ended	9 Months Ended
In Millions, unless otherwise specified	Sep. 30, 2013	Sep. 30, 2013
Note 8 - Debt (Details) [Line Items]	'	'
Debt Instrument, Term	'5 years	'
Line of Credit Facility, Maximum Borrowing Capacity	$225	$225
Line of Credit Facility, Expiration Date	'	31-Jan-17
Line Of Credit Accordion Feature	100	100
Line of Credit Facility, Remaining Borrowing Capacity	164.1	164.1
Sub-Facility [Member]	'	'
Note 8 - Debt (Details) [Line Items]	'	'
Line of Credit Facility, Maximum Borrowing Capacity	30	30
Standby Letters of Credit [Member]	'	'
Note 8 - Debt (Details) [Line Items]	'	'
Line of Credit Facility, Amount Outstanding	$10.80	$10.80

Note_8_Debt_Details_Maturities

Note 8 - Debt (Details) - Maturities of long-term debt (USD $)	Sep. 30, 2013
In Thousands, unless otherwise specified
Maturities of long-term debt [Abstract]	'
2014	$15
2015	15
2016	15
2017	50,015
2018	7
	$50,067

Note_9_Derivative_Financial_In2

Note 9 - Derivative Financial Instruments (Details) (USD $)	Sep. 30, 2013	Jun. 30, 2013
Interest Rate Swap [Member]	'	'
Note 9 - Derivative Financial Instruments (Details) [Line Items]	'	'
Derivative, Notional Amount	$45,000,000	'
Derivative, Average Fixed Interest Rate	2.40%	'
Foreign Exchange Contract [Member]	'	'
Note 9 - Derivative Financial Instruments (Details) [Line Items]	'	'
Outstanding forward contracts, unrealized gain loss	($1,600,000)	($1,400,000)

Note_9_Derivative_Financial_In3

Note 9 - Derivative Financial Instruments (Details) - Fair value of swaps recognized in accrued liabilities and in other comprehensive income (loss) (USD $)	3 Months Ended
	Sep. 30, 2013	Jun. 30, 2013
Note 9 - Derivative Financial Instruments (Details) - Fair value of swaps recognized in accrued liabilities and in other comprehensive income (loss) [Line Items]	'	'
Fair Value	($1,709,000)	($1,875,000)
June 1, 2010 (1) [Member]	'	'
Note 9 - Derivative Financial Instruments (Details) - Fair value of swaps recognized in accrued liabilities and in other comprehensive income (loss) [Line Items]	'	'
Notional Amount	5,000,000	'
Fixed Rate	2.50%	'
Maturity	24-May-15	'
Fair Value	-185,000	-205,000
June 1, 2010 (2) [Member]	'	'
Note 9 - Derivative Financial Instruments (Details) - Fair value of swaps recognized in accrued liabilities and in other comprehensive income (loss) [Line Items]	'	'
Notional Amount	5,000,000	'
Fixed Rate	2.50%	'
Maturity	24-May-15	'
Fair Value	-185,000	-205,000
June 8, 2010 [Member]	'	'
Note 9 - Derivative Financial Instruments (Details) - Fair value of swaps recognized in accrued liabilities and in other comprehensive income (loss) [Line Items]	'	'
Notional Amount	10,000,000	'
Fixed Rate	2.40%	'
Maturity	26-May-15	'
Fair Value	-352,000	-389,000
June 9, 2010 [Member]	'	'
Note 9 - Derivative Financial Instruments (Details) - Fair value of swaps recognized in accrued liabilities and in other comprehensive income (loss) [Line Items]	'	'
Notional Amount	5,000,000	'
Fixed Rate	2.34%	'
Maturity	26-May-15	'
Fair Value	-172,000	-190,000
June 18, 2010 [Member]	'	'
Note 9 - Derivative Financial Instruments (Details) - Fair value of swaps recognized in accrued liabilities and in other comprehensive income (loss) [Line Items]	'	'
Notional Amount	5,000,000	'
Fixed Rate	2.38%	'
Maturity	24-May-15	'
Fair Value	-175,000	-194,000
September 21, 2011 (1) [Member]	'	'
Note 9 - Derivative Financial Instruments (Details) - Fair value of swaps recognized in accrued liabilities and in other comprehensive income (loss) [Line Items]	'	'
Notional Amount	5,000,000	'
Fixed Rate	1.28%	'
Maturity	21-Sep-13	'
Fair Value	'	-14,000
September 21, 2011 (2) [Member]	'	'
Note 9 - Derivative Financial Instruments (Details) - Fair value of swaps recognized in accrued liabilities and in other comprehensive income (loss) [Line Items]	'	'
Notional Amount	5,000,000	'
Fixed Rate	1.60%	'
Maturity	22-Sep-14	'
Fair Value	-69,000	-83,000
March 15, 2012 [Member]	'	'
Note 9 - Derivative Financial Instruments (Details) - Fair value of swaps recognized in accrued liabilities and in other comprehensive income (loss) [Line Items]	'	'
Notional Amount	10,000,000	'
Fixed Rate	2.75%	'
Maturity	15-Mar-16	'
Fair Value	($571,000)	($595,000)

Note_9_Derivative_Financial_In4

Note 9 - Derivative Financial Instruments (Details) - Foreign currency exchange contracts (USD $)	Sep. 30, 2013	Jun. 30, 2013
Euro Member Countries, Euro	'	'
Note 9 - Derivative Financial Instruments (Details) - Foreign currency exchange contracts [Line Items]	'	'
Notional Amount	$45,679,064	$48,349,064
United Kingdom, Pounds	'	'
Note 9 - Derivative Financial Instruments (Details) - Foreign currency exchange contracts [Line Items]	'	'
Notional Amount	2,000,000	2,580,289
Canada, Dollars	'	'
Note 9 - Derivative Financial Instruments (Details) - Foreign currency exchange contracts [Line Items]	'	'
Notional Amount	$3,600,000	$3,600,000

Note_9_Derivative_Financial_In5

Note 9 - Derivative Financial Instruments (Details) - Amounts reclassified from accumulated other comprehensive income (loss) to net income (Designated as Hedging Instrument [Member], USD $)	Sep. 30, 2013	Jun. 30, 2013
In Thousands, unless otherwise specified
Note 9 - Derivative Financial Instruments (Details) - Amounts reclassified from accumulated other comprehensive income (loss) to net income [Line Items]	'	'
Liability Derivatives	$3,818	$3,318
Other Assets [Member] | Foreign Exchange Contract [Member]	'	'
Note 9 - Derivative Financial Instruments (Details) - Amounts reclassified from accumulated other comprehensive income (loss) to net income [Line Items]	'	'
Foreign exchange contracts	464	37
Other Liabilities [Member] | Foreign Exchange Contract [Member]	'	'
Note 9 - Derivative Financial Instruments (Details) - Amounts reclassified from accumulated other comprehensive income (loss) to net income [Line Items]	'	'
Liability Derivatives	2,109	1,443
Other Liabilities [Member] | Interest Rate Swap [Member]	'	'
Note 9 - Derivative Financial Instruments (Details) - Amounts reclassified from accumulated other comprehensive income (loss) to net income [Line Items]	'	'
Liability Derivatives	$1,709	$1,875

Note_9_Derivative_Financial_In6

Note 9 - Derivative Financial Instruments (Details) - Gain (loss) recognized in comprehensive income on derivative financial instruments (Interest Rate Swap [Member], USD $)	3 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2013	Sep. 30, 2012
Interest Rate Swap [Member]	'	'
Derivative Instruments, Gain (Loss) [Line Items]	'	'
Interest rate swaps	($90)	($261)

Note_9_Derivative_Financial_In7

Note 9 - Derivative Financial Instruments (Details) - Details about Accumulated Other Comprehensive Income (Loss) Components (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2013	Sep. 30, 2012
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]	'	'
Interest rate swaps	$560	$651
Accumulated Net Gain (Loss) from Designated or Qualifying Cash Flow Hedges [Member] | Reclassification out of Accumulated Other Comprehensive Income [Member] | Interest Rate Swap [Member]	'	'
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]	'	'
Interest rate swaps	$267	$261

Note_10_Retirement_Benefits_De

Note 10 - Retirement Benefits (Details) (USD $)	3 Months Ended		1 Months Ended
In Millions, unless otherwise specified	Sep. 30, 2013	Sep. 30, 2012	Jul. 31, 2012
	Pension Plans [Member]	Pension Plans [Member]	United States Pension Plans [Member]
Note 10 - Retirement Benefits (Details) [Line Items]	'	'	'
Defined Benefit Plans, Estimated Future Employer Contributions in Current Fiscal Year	$1.50	'	'
Defined Benefit Plan, Contributions by Employer	0.4	3.6	'
Defined Contribution Plan, Employer Discretionary Contribution Amount	'	'	$3.25

Note_10_Retirement_Benefits_De1

Note 10 - Retirement Benefits (Details) - Net periodic benefit cost (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2013	Sep. 30, 2012
United States Pension Plans [Member]	'	'
Note 10 - Retirement Benefits (Details) - Net periodic benefit cost [Line Items]	'	'
Service cost	$85	$176
Interest cost	2,810	2,735
Expected return on plan assets	-3,378	-3,698
Recognized net actuarial loss	1,172	1,894
Amortization of prior service cost	15	26
Net periodic benefit cost	704	1,133
Foreign Pension Plans [Member]	'	'
Note 10 - Retirement Benefits (Details) - Net periodic benefit cost [Line Items]	'	'
Service cost	11	10
Interest cost	414	417
Expected return on plan assets	-370	-336
Recognized net actuarial loss	196	226
Amortization of prior service cost	'	-14
Net periodic benefit cost	$251	$303

Note_11_Income_Taxes_Details

Note 11 - Income Taxes (Details)	3 Months Ended
	Sep. 30, 2013	Sep. 30, 2012
Income Tax Disclosure [Abstract]	'	'
Effective Income Tax Rate Reconciliation, Percent	26.60%	29.60%

Note_12_Earnings_Per_Share_Det

Note 12 - Earnings Per Share (Details)	3 Months Ended
	Sep. 30, 2013	Sep. 30, 2012
Note 12 - Earnings Per Share (Details) [Line Items]	'	'
Weighted Average Number of Shares, Contingently Issuable	35,514	33,111
Equity Option [Member]	'	'
Note 12 - Earnings Per Share (Details) [Line Items]	'	'
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	0	0

Note_12_Earnings_Per_Share_Det1

Note 12 - Earnings Per Share (Details) - Earnings Per Share	3 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2013	Sep. 30, 2012
Earnings Per Share [Abstract]	'	'
Basic - Average shares outstanding	12,573	12,559
Unvested stock awards	196	251
Diluted - Average shares outstanding	12,769	12,810

Note_13_Comprehensive_Income_L2

Note 13 - Comprehensive Income (Loss) (Details) - Components of Accumulated Other Comprehensive Loss (USD $)	Sep. 30, 2013	Jun. 30, 2013
In Thousands, unless otherwise specified
Components of Accumulated Other Comprehensive Loss [Abstract]	'	'
Foreign currency translation adjustment	$8,274	$3,745
Unrealized pension losses, net of tax	-67,332	-67,857
Unrealized losses on derivative instruments, net of tax	-1,058	-1,168
Total	($60,116)	($65,280)

Note_15_Industry_Segment_Infor2

Note 15 - Industry Segment Information (Details)	3 Months Ended
	Sep. 30, 2013
Note 15 - Industry Segment Information (Details) [Line Items]	'
Number of Reportable Segments	5
Food Service Equipment Group [Member]	'
Note 15 - Industry Segment Information (Details) [Line Items]	'
Number of Operating Segments	7

Note_15_Industry_Segment_Infor3

Note 15 - Industry Segment Information (Details) - Industry segments (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2013	Sep. 30, 2012
Segment Reporting Information [Line Items]	'	'
Net Sales	$183,573	$183,386
Income from Operations	13,885	17,626
Interest expense	-560	-651
Other non-operating income	454	-36
Income from continuing operations before income taxes	13,779	16,939
Restructuring costs	-3,806	-235
Food Service Equipment Group [Member]	'	'
Segment Reporting Information [Line Items]	'	'
Net Sales	105,344	109,323
Income from Operations	8,790	13,348
Restructuring costs	-3,346	'
Engraving Group [Member]	'	'
Segment Reporting Information [Line Items]	'	'
Net Sales	25,027	23,356
Income from Operations	4,773	4,552
Restructuring costs	-252	-235
Engineering Technologies Group [Member]	'	'
Segment Reporting Information [Line Items]	'	'
Net Sales	17,265	15,730
Income from Operations	2,082	1,693
Electronics Products Group [Member]	'	'
Segment Reporting Information [Line Items]	'	'
Net Sales	28,144	27,839
Income from Operations	5,138	3,088
Restructuring costs	-208	'
Hydraulics Products Group [Member]	'	'
Segment Reporting Information [Line Items]	'	'
Net Sales	7,793	7,138
Income from Operations	1,174	971
Corporate Segment [Member]	'	'
Segment Reporting Information [Line Items]	'	'
Income from Operations	($4,266)	($5,791)

Note_16_Restructuring_Details

Note 16 - Restructuring (Details) (USD $)	3 Months Ended
	Sep. 30, 2013
Note 16 - Restructuring (Details) [Line Items]	'
Other Restructuring Costs	$3,294,000
Food Service Equipment Group [Member]	'
Note 16 - Restructuring (Details) [Line Items]	'
Other Restructuring Costs	3,300,000
Food Service Equipment Group [Member] | Minimum [Member]	'
Note 16 - Restructuring (Details) [Line Items]	'
Restructuring and Related Cost, Expected Cost	7,500,000
Food Service Equipment Group [Member] | Maximum [Member]	'
Note 16 - Restructuring (Details) [Line Items]	'
Restructuring and Related Cost, Expected Cost	$8,000,000

Note_16_Restructuring_Details_

Note 16 - Restructuring (Details) - Summary of severance, restructuring, and related charges by initiative (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2013	Sep. 30, 2012
Restructuring Cost and Reserve [Line Items]	'	'
Restructuring charges	$3,806	$235
Current Year Restructuring Initiatives [Member] | Involuntary Employee Severance And Benefit Costs [Member]	'	'
Restructuring Cost and Reserve [Line Items]	'	'
Restructuring charges	351	'
Current Year Restructuring Initiatives [Member] | Other Restructuring [Member]	'	'
Restructuring Cost and Reserve [Line Items]	'	'
Restructuring charges	3,383	'
Current Year Restructuring Initiatives [Member]	'	'
Restructuring Cost and Reserve [Line Items]	'	'
Restructuring charges	3,734	'
Prior Year Initiatives [Member] | Involuntary Employee Severance And Benefit Costs [Member]	'	'
Restructuring Cost and Reserve [Line Items]	'	'
Restructuring charges	72	218
Prior Year Initiatives [Member] | Other Restructuring [Member]	'	'
Restructuring Cost and Reserve [Line Items]	'	'
Restructuring charges	'	17
Prior Year Initiatives [Member]	'	'
Restructuring Cost and Reserve [Line Items]	'	'
Restructuring charges	72	235
Involuntary Employee Severance And Benefit Costs [Member]	'	'
Restructuring Cost and Reserve [Line Items]	'	'
Restructuring charges	423	'
Other Restructuring [Member]	'	'
Restructuring Cost and Reserve [Line Items]	'	'
Restructuring charges	$3,383	'

Note_16_Restructuring_Details_1

Note 16 - Restructuring (Details) - Summary of activity in reserves related to restructuring initiatives (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2013
Current Year Restructuring Initiatives [Member] | Involuntary Employee Severance And Benefit Costs [Member]	'
Note 16 - Restructuring (Details) - Summary of activity in reserves related to restructuring initiatives [Line Items]	'
Restructuring liabilities, period end	$85
Additions and adjustments	351
Payments	-266
Current Year Restructuring Initiatives [Member] | Other Restructuring [Member]	'
Note 16 - Restructuring (Details) - Summary of activity in reserves related to restructuring initiatives [Line Items]	'
Restructuring liabilities, period end	6
Additions and adjustments	89
Payments	-83
Current Year Restructuring Initiatives [Member]	'
Note 16 - Restructuring (Details) - Summary of activity in reserves related to restructuring initiatives [Line Items]	'
Restructuring liabilities, period end	91
Additions and adjustments	440
Payments	-349
Prior Year Initiatives [Member] | Involuntary Employee Severance And Benefit Costs [Member]	'
Note 16 - Restructuring (Details) - Summary of activity in reserves related to restructuring initiatives [Line Items]	'
Restructuring liabilities, period start	10
Additions and adjustments	72
Payments	-82
Prior Year Initiatives [Member]	'
Note 16 - Restructuring (Details) - Summary of activity in reserves related to restructuring initiatives [Line Items]	'
Restructuring liabilities, period start	10
Additions and adjustments	72
Payments	($82)

Note_16_Restructuring_Details_2

Note 16 - Restructuring (Details) - Summary of restructuring expenses by segment (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2013	Sep. 30, 2012
Note 16 - Restructuring (Details) - Summary of restructuring expenses by segment [Line Items]	'	'
Restructuring charges	$3,806	$235
Food Service Equipment Group [Member] | Involuntary Employee Severance And Benefit Costs [Member]	'	'
Note 16 - Restructuring (Details) - Summary of restructuring expenses by segment [Line Items]	'	'
Restructuring charges	18	'
Food Service Equipment Group [Member] | Other Restructuring [Member]	'	'
Note 16 - Restructuring (Details) - Summary of restructuring expenses by segment [Line Items]	'	'
Restructuring charges	3,328	'
Food Service Equipment Group [Member]	'	'
Note 16 - Restructuring (Details) - Summary of restructuring expenses by segment [Line Items]	'	'
Restructuring charges	3,346	'
Engraving Group [Member] | Involuntary Employee Severance And Benefit Costs [Member]	'	'
Note 16 - Restructuring (Details) - Summary of restructuring expenses by segment [Line Items]	'	'
Restructuring charges	245	218
Engraving Group [Member] | Other Restructuring [Member]	'	'
Note 16 - Restructuring (Details) - Summary of restructuring expenses by segment [Line Items]	'	'
Restructuring charges	7	17
Engraving Group [Member]	'	'
Note 16 - Restructuring (Details) - Summary of restructuring expenses by segment [Line Items]	'	'
Restructuring charges	252	235
Electronics Products Group [Member] | Involuntary Employee Severance And Benefit Costs [Member]	'	'
Note 16 - Restructuring (Details) - Summary of restructuring expenses by segment [Line Items]	'	'
Restructuring charges	160	'
Electronics Products Group [Member] | Other Restructuring [Member]	'	'
Note 16 - Restructuring (Details) - Summary of restructuring expenses by segment [Line Items]	'	'
Restructuring charges	48	'
Electronics Products Group [Member]	'	'
Note 16 - Restructuring (Details) - Summary of restructuring expenses by segment [Line Items]	'	'
Restructuring charges	208	'
Involuntary Employee Severance And Benefit Costs [Member]	'	'
Note 16 - Restructuring (Details) - Summary of restructuring expenses by segment [Line Items]	'	'
Restructuring charges	423	'
Other Restructuring [Member]	'	'
Note 16 - Restructuring (Details) - Summary of restructuring expenses by segment [Line Items]	'	'
Restructuring charges	$3,383	'