Standex International (SXI) 10-Q 3 Feb 17 2017 Q2 Quarterly report Financial data

Document And Entity Information

Document And Entity Information - shares	6 Months Ended
	Dec. 31, 2016	Jan. 30, 2017
Document Information [Line Items]
Entity Registrant Name	STANDEX INTERNATIONAL CORP/DE/
Entity Central Index Key	310,354
Trading Symbol	sxi
Current Fiscal Year End Date	--06-30
Entity Filer Category	Large Accelerated Filer
Entity Current Reporting Status	Yes
Entity Voluntary Filers	No
Entity Well-known Seasoned Issuer	Yes
Entity Common Stock, Shares Outstanding (in shares)		12,749,065
Document Type	10-Q
Document Period End Date	Dec. 31, 2016
Document Fiscal Year Focus	2,017
Document Fiscal Period Focus	Q2
Amendment Flag	false

Unaudited Condensed Consolidate

Unaudited Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2016	Jun. 30, 2016
Current Assets:
Cash and cash equivalents	$ 121,301	$ 121,988
Accounts receivable, net of reserve of $2,217 and $2,119 at December 31, 2016 and June 30, 2016	99,183	103,974
Inventories	110,952	105,402
Prepaid expenses and other current assets	6,318	4,784
Income taxes receivable	5,674	1,325
Deferred tax asset	14,607	16,013
Assets held for sale		2,363
Total current assets	358,035	355,849
Property, plant, and equipment, net	110,530	106,686
Intangible assets, net	55,449	40,412
Goodwill	161,017	157,354
Deferred tax asset	2,663	11,361
Other non-current assets	23,035	18,795
Total non-current assets	352,694	334,608
Total assets	710,729	690,457
Current Liabilities:
Accounts payable	60,140	77,099
Accrued liabilities	53,588	50,785
Income taxes payable	3,264	4,695
Liabilities held for sale		1,528
Total current liabilities	116,992	134,107
Long-term debt	124,295	92,114
Accrued pension and other non-current liabilities	90,744	94,277
Total non-current liabilities	215,039	186,391
Stockholders' equity:
Common stock, par value $1.50 per share, 60,000,000 shares authorized, 27,984,278 issued, 12,664,281 and 12,674,458 outstanding at December 31, 2016 and June 30, 2016	41,976	41,976
Additional paid-in capital	55,096	52,374
Retained earnings	698,327	678,002
Accumulated other comprehensive loss	(126,694)	(117,975)
Treasury shares: 15,319,997 shares at December 31, 2016 and 15,309,820 shares at June 30, 2016	(290,007)	(284,418)
Total stockholders' equity	378,698	369,959
Total liabilities and stockholders' equity	$ 710,729	$ 690,457

Unaudited Condensed Consolidat3

Unaudited Condensed Consolidated Balance Sheets (Parentheticals) - USD ($) $ in Thousands	Dec. 31, 2016	Jun. 30, 2016
Reserve for doubtful accounts	$ 2,284	$ 2,119
Common stock, par value (in dollars per share)	$ 1.50	$ 1.50
Common stock, shares authorized (in shares)	60,000,000	60,000,000
Common stock, shares issued (in shares)	27,984,278	27,984,278
Common stock, shares outstanding (in shares)	12,664,281	12,674,458
Treasury shares, shares (in shares)	15,319,997	15,309,820

Unaudited Condensed Consolidat4

Unaudited Condensed Consolidated Statements of Operations - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2016	Dec. 31, 2015
Net sales	$ 173,854	$ 181,948	$ 353,454	$ 380,346
Cost of sales	116,960	123,713	234,784	253,559
Gross profit	56,894	58,235	118,670	126,787
Selling, general, and administrative expenses	40,493	40,696	82,105	84,626
Acquisition related costs	1,503		1,503
Restructuring costs	1,664	1,477	2,058	2,996
Total operating expenses	43,660	42,173	85,666	87,622
Income from operations	13,234	16,062	33,004	39,165
Interest expense	(850)	(731)	(1,547)	(1,375)
Other non-operating income, net	332	294	766	484
Income from continuing operations before income taxes	12,716	15,625	32,223	38,274
Provision for income taxes	2,458	3,179	8,014	9,687
Income from continuing operations	10,258	12,446	24,209	28,587
Income (loss) from discontinued operations, net of income taxes	6	(75)	(44)	(235)
Net income	$ 10,264	$ 12,371	$ 24,165	$ 28,352
Basic earnings (loss) per share:
Continuing operations (in dollars per share)	$ 0.81	$ 0.98	$ 1.91	$ 2.26
Discontinued operations (in dollars per share)		(0.01)		(0.02)
Total (in dollars per share)	0.81	0.97	1.91	2.24
Diluted earnings (loss) per share:
Continuing operations (in dollars per share)	0.80	0.97	1.90	2.24
Discontinued operations (in dollars per share)		(0.01)		(0.02)
Total (in dollars per share)	0.80	0.96	1.90	2.22
Cash dividends per share (in dollars per share)	$ 0.16	$ 0.14	$ 0.30	$ 0.26

Unaudited Condensed Consolidat5

Unaudited Condensed Consolidated Statements of Comprehensive Income - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2016	Dec. 31, 2015
Net income	$ 10,264	$ 12,371	$ 24,165	$ 28,352
Other comprehensive income (loss):
Actuarial gains (losses) and other changes in unrecognized costs	516	261	631	557
Amortization of unrecognized costs	1,427	1,199	2,867	2,402
Change in unrealized gains and (losses)	493	434	554	(44)
Foreign currency translation gains (losses)	(10,441)	(4,781)	(11,607)	(10,919)
Other comprehensive income (loss) before tax	(7,922)	(2,780)	(7,251)	(7,777)
Income tax provision (benefit):
Actuarial gains (losses) and other changes in unrecognized costs	(224)	(57)	(134)	(115)
Amortization of unrecognized costs	(502)	(423)	(1,008)	(845)
Change in unrealized gains and (losses)	(188)	(166)	(211)	16
Income tax provision (benefit) to other comprehensive income (loss)	(946)	(686)	(1,469)	(1,030)
Other comprehensive loss, net of tax	(8,868)	(3,466)	(8,720)	(8,807)
Comprehensive income	1,396	8,905	15,445	19,545
Interest Expense [Member]
Other comprehensive income (loss):
Amortization of unrealized gains and (losses)	83	107	304	227
Income tax provision (benefit):
Amortization of unrealized gains and (losses)	$ (32)	$ (40)	$ (116)	$ (86)

Unaudited Condensed Consolidat6

Unaudited Condensed Consolidated Statements of Cash Flows - USD ($) $ in Thousands	6 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Cash flows from operating activities
Net income	$ 24,165	$ 28,352
Loss from discontinued operations	44	235
Income from continuing operations	24,209	28,587
Depreciation and amortization	9,044	8,804
Stock-based compensation	2,843	2,806
Non-cash portion of restructuring charge	42	1,941
Excess tax benefit from share-based payment activity	(577)	(809)
Contributions to defined benefit plans	(624)	(645)
Net changes in operating assets and liabilities	(14,671)	(9,817)
Net cash provided by operating activities - continuing operations	20,266	30,867
Net cash used in operating activities - discontinued operations	(227)	(652)
Net cash provided by operating activities	20,039	30,215
Cash flows from investing activities
Expenditures for property, plant, and equipment	(13,029)	(8,724)
Expenditures for acquisitions, net of cash acquired	(24,660)	(13,544)
Proceeds from sales of real estate and equipment	24	235
Disposition of a business	652
Net cash used in investing activities - continuing operations	(37,013)	(22,033)
Net cash provided by investing activities - discontinued operations		2,803
Net cash used in investing activities	(37,013)	(19,230)
Cash flows from financing activities
Borrowings on revolving credit facility	73,000	48,500
Payments of revolving credit facility	(41,000)	(41,500)
Activity under share-based payment plans	618	745
Excess tax benefit from share-based payment activity	577	809
Purchases of treasury stock	(6,905)	(3,053)
Cash dividends paid	(3,798)	(3,294)
Net cash provided by financing activities	22,492	2,207
Effect of exchange rate changes on cash and cash equivalents	(6,205)	(5,106)
Net change in cash and cash equivalents	(687)	8,086
Cash and cash equivalents at beginning of year	121,988	96,128
Cash and cash equivalents at end of period	121,301	104,214
Supplemental Disclosure of Cash Flow Information:
Interest	1,272	1,094
Income taxes, net of refunds	$ 9,207	$ 14,925

Note 1 - Management Statement

Note 1 - Management Statement	6 Months Ended
	Dec. 31, 2016
Notes to Financial Statements
Business Description and Basis of Presentation [Text Block]	1) 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 six December 31, 2016 2015, six December 31, 2016 2015 December 31, 2016. June 30, 2016. June 30, 2016 10 June 30, 2016. There have been no significant changes in our reported financial position, results of operations, cash flows or to our critical accounting policies that were disclosed in our Annual Report on Form 10 June 30, 2016 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. RECENTLY ISSUED ACCOUNTING PRONOUNCEMENTS In May 2014, 2014 09, Revenue from Contracts with Customers 2014 09 2014 09 2014 09 December 15, 2017, 2014 09 In November 2015, 2015 17, Income Taxes (Topic 740), 2015 17 December 15, 2016 The Company is currently assessing the potential impact of the adoption of ASU 2015 17 In February 2016, 2016 02, Leases twelve December 15, 2018, 2016 02 In March 2016, 2016 09, Compensation–Stock Compensation (Topic 718) December 15, 2016, 2016 09 In August 2016, 2016 15, Statement of Cash Flows (Topic 230): December 15, 2017. 2016 15

Note 2 - Acquisitions

Note 2 - Acquisitions	6 Months Ended
	Dec. 31, 2016
Notes to Financial Statements
Business Combination Disclosure [Text Block]	2) s The Company’s recent acquisitions are strategically significant to the future growth prospects of the Company, however at the closing date of each acquisition and December 31, 2016, Horizon Scientific During the second 2017, We have included the operating results of Horizon in our Food Service Equipment segment in our Condensed Consolidated Financial Statements. The Company paid $24.7 100% $8.4 Intangible assets of $17.6 $16.1 fifteen $1.2 $0.3 $5.5 The components of the fair value of the Horizon acquisition, including the preliminary allocation of the purchase price at December 31, 2016, Preliminary Allocation Fair value of business combination: Cash payments $ 26,457 Less: cash acquired (1,797 ) Total $ 24,660 Identifiable assets acquired and liabilities assumed: Current assets $ 4,863 Inventories 4,470 Property, plant, and equipment 1,616 Identifiable intangible assets 17,550 Goodwill 5,452 Liabilities assumed (2,374 ) Deferred taxes (6,917 ) Total $ 24,660 Transaction costs associated with this acquisition were immaterial. All transaction costs have been recorded as general and administrative expense for the three six December 31, 2016. The initial allocation of the purchase price is based upon a preliminary valuation, and accordingly, our estimates and assumptions are subject to change as we obtain additional information during the measurement period and complete the valuation of intangible assets. The Company anticipates finalizing the purchase price allocation during the current fiscal year. Northlake During the second 2016, The Company paid $13.7 100% $6.8 $4.1 twelve $2.4 $0.3 five $5.1 June 30, 2016. The components of the fair value of the Northlake acquisition, including the allocation of the purchase price is as follows (in thousands): Final Fair value of business combination: Cash payments $ 14,015 Less: cash acquired (315 ) Total $ 13,700 Identifiable assets acquired and liabilities assumed: Current assets $ 2,810 Property, plant, and equipment 1,407 Identifiable intangible assets 6,824 Goodwill 5,121 Other non-current assets 158 Liabilities assumed (2,620 ) Final payments - Total $ 13,700 Acquisition-Related Costs Acquisition-related costs include costs related to acquired businesses and other pending acquisitions. These costs consist of (i) deferred compensation and (ii) acquisition-related professional service fees and expenses, including financial advisory, legal, accounting, and other outside services incurred in connection with acquisition activities, and regulatory matters related to acquired entities. These costs do not include purchase accounting expenses, which we define as acquired backlog and the step-up of inventory to fair value, or the amortization of the acquired intangible assets. Deferred compensation costs relate to payments due to the Horizon seller of $2.8 second $5.6 third $ 0.7 three six December 31, 2016 The components of acquisition-related costs, net are as follows (dollars in thousands): Three Months Ended Six Months Ended December 31, December 31, 2016 2015 2016 2015 Deferred compensation arrangements $ 703 $ - $ 703 $ - Acquisition-related costs 800 - 800 - Total $ 1,503 $ - $ 1,503 $ -

Note 3 - Discontinued Operation

Note 3 - Discontinued Operations	6 Months Ended
	Dec. 31, 2016
Notes to Financial Statements
Disposal Groups, Including Discontinued Operations, Disclosure [Text Block]	3) In pursuing our business strategy, we have divested certain businesses and recorded activities of these businesses as discontinued operations. Discontinued operations for the three six December 31, 2016 2015 Three Months Ended Six Months Ended December 31, December 31, 2016 2015 2016 2015 Net sales $ - $ - $ - $ - Pre-tax earnings 13 (94 ) (49 ) (342 ) (Provision) benefit for taxes (7 ) 19 5 107 Net earnings (loss) from discontinued operations $ 6 $ (75 ) $ (44 ) $ (235 ) On March 30, 2012, $16.1 $13.1 $3.0 first 2016, one $2.8 October 2015 $0.2 first 2016 Assets and liabilities related to discontinued operations appear in our Unaudited Condensed Consolidated Balance Sheets as follows (in thousands): December 31, 2016 June 30, 2016 Other non-current assets 14 14 Accrued expenses 1,060 1,204 Accrued pension and other non-current liabilities - 55

Note 4 - Fair Value Measurement

Note 4 - Fair Value Measurements	6 Months Ended
	Dec. 31, 2016
Notes to Financial Statements
Fair Value Disclosures [Text Block]	4) 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 Assets and liabilities recorded at fair value in the Unaudited Condensed Consolidated Balance Sheets 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 Level 2 Level 3 There were no transfers of assets or liabilities between level 1 2 December 31, 2016 June 30, 2016. Cash and cash equivalents, accounts receivable, and accounts payable are carried at cost, which approximates fair value. Items presented at fair value at December 31, 2016 June 30, 2016 December 31, 2016 Total Level 1 Level 2 Level 3 Assets Marketable securities - deferred compensation plan $ 2,245 $ 2,245 $ - $ - Liabilities Foreign exchange contracts $ 70 $ - $ 70 $ - Interest rate swaps 287 - 287 - Contingent acquisition payments (a) 703 - - 703 June 30, 2016 Total Level 1 Level 2 Level 3 Assets Marketable securities - deferred compensation plan $ 2,333 $ 2,333 $ - $ - Foreign exchange contracts 11 - 11 - Liabilities Foreign exchange contracts $ 94 $ - $ 94 $ - Interest rate swaps 1,038 - 1,038 - ( a ) Our financial liabilities based upon Level 3 second third Contingent acquisition payment liabilities are scheduled to be paid in periods through fiscal year 2020. December 31, 2016, $8.4 3 December 31, 2016,

Note 5 - Inventories

Note 5 - Inventories	6 Months Ended
	Dec. 31, 2016
Notes to Financial Statements
Inventory Disclosure [Text Block]	5) Inventories are comprised of the following (in thousands): December 31 , 2016 June 30, 2016 Raw materials $ 49,624 $ 46,616 Work in process 28,527 26,541 Finished goods 32,801 32,245 Total $ 110,952 $ 105,402 Distribution costs associated with the sale of inventory, which are recorded as a component of selling, general and administrative expenses in the accompanying Unaudited Condensed Consolidated Statements of Operations, were $4.6 $9.6 three six December 31, 2016, $4.9 $10.6 three six December 31, 2015,

Note 6 - Goodwill

Note 6 - Goodwill	6 Months Ended
	Dec. 31, 2016
Notes to Financial Statements
Goodwill Disclosure [Text Block]	6) Changes to goodwill during the period ended December 31, 2016 June 30, 2016 Acquisition Translation Adjustment December 31, 2016 Food Service Equipment $ 56,804 $ 5,452 $ - $ 62,256 Engraving 19,935 - (88 ) 19,847 Engineering Technologies 44,321 - (676 ) 43,645 Electronics 33,235 - (1,025 ) 32,210 Hydraulics 3,059 - - 3,059 Total $ 157,354 $ 5,452 $ (1,789 ) $ 161,017

Note 7 - Intangible Assets

Note 7 - Intangible Assets	6 Months Ended
	Dec. 31, 2016
Notes to Financial Statements
Intangible Assets Disclosure [Text Block]	7) Intangible assets consist of the following (in thousands): Customer Relationships Trademarks Other Total December 3 1 , 201 6 Cost $ 61,756 $ 18,334 $ 4,355 $ 84,445 Accumulated amortization (26,234 ) - (2,762 ) (28,996 ) Balance, December 31, 2016 $ 35,522 $ 18,334 $ 1,593 $ 55,449 June 30, 201 6 Cost $ 46,297 $ 17,263 $ 4,471 $ 68,031 Accumulated amortization (24,892 ) - (2,727 ) (27,619 ) Balance, June 30, 2015 $ 21,405 $ 17,263 $ 1,744 $ 40,412 Amortization expense for the three December 31, 2016 2015 $1.1 $0.8 six December 31, 2016 2015 $2.0 $1.6 December 31, 2016, $2.2 2017, $4.6 2018, $4.6 2019, $4.1 2020, $3.6 2021 $17.8

Note 8 - Warranties

Note 8 - Warranties	6 Months Ended
	Dec. 31, 2016
Notes to Financial Statements
Product Warranty Disclosure [Text Block]	8) The expected cost associated with warranty obligations on our products is recorded as a component of cost of sales when the revenue is recognized. The Company’s estimate of warranty cost is based on contract terms and historical warranty loss experience that is periodically adjusted for recent actual experience. Since warranty estimates are forecasts based on the best available information, claims costs may The changes in warranty reserve, which are recorded as a component of accrued liabilities, as of December 31, 2016 June 30, 2016, December 31, 2016 June 30, 2016 Balance at beginning of year $ 9,085 $ 7,436 Acquisitions and other 296 (5 ) Warranty expense 3,965 13,503 Warranty claims (4,481 ) (11,849 ) Balance at end of period $ 8,865 $ 9,085

Note 9 - Debt

Note 9 - Debt	6 Months Ended
	Dec. 31, 2016
Notes to Financial Statements
Debt Disclosure [Text Block]	9) Long-term debt is comprised of the following (in thousands): December 31, 2016 June 30, 2016 Bank credit agreements $ 125,000 $ 93,000 Other 12 18 Total funded debt 125,012 93,018 Issuance Cost (717 ) (904 ) Total long-term debt $ 124,295 $ 92,114 The Company’s debt payments are due as follows (in thousands): Fiscal Year December 31, 2016 2017 $ 6 2018 6 2019 - 2020 125,000 2021 - Thereafter - Funded Debt 125,012 Issuance cost (717 ) Debt net of issuance cost $ 124,295 Bank Credit Agreements During fiscal year 2015, five December 2019 $400 $100 $10 $30 At December 31, 2016, $8.4 $213.1 twelve December 31, 2016,

Note 10 - Derivative Financial

Note 10 - Derivative Financial Instruments	6 Months Ended
	Dec. 31, 2016
Notes to Financial Statements
Derivative Instruments and Hedging Activities Disclosure [Text Block]	10) 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 $50 1.43% December 31, 2016. Fair Value Effective Date Notional Amount Fixed Rate Maturity December 31, 2016 June 30, 2016 December 19, 2014 20,000 1.18% December 19, 2017 $ (47 ) $ (201 ) December 19, 2014 5,000 1.20% December 19, 2017 (13 ) (52 ) December 18, 2015 15,000 1.46% December 19, 2018 (68 ) (325 ) December 19, 2015 10,000 2.01% December 19, 2019 (158 ) (460 ) $ (286 ) $ (1,038 ) The Company reported no three six December 31, 2016, may 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 Unaudited Condensed Consolidated Statements of Operations. At December 31, 2016 June 30, 2016, $ (0.1) Notional Amount (in native currency) Currency December 31, 2016 June 30, 2016 Euro 199,904 2,476,683 British Pound Sterling 247,852 593,799 The table below presents the fair value of derivative financial instruments as well as their classification on the Unaudited Condensed Consolidated Balance Sheets (in thousands): Asset Derivatives December 31, 2016 June 30, 2016 Derivative designated Balance Balance as hedging instruments Sheet Sheet Line Item Fair Value Line Item Fair Value Foreign exchange contracts Other Assets $ 1 Other Assets $ 11 Liability Derivatives December 31, 2016 June 30, 2016 Derivative designated Balance Balance as hedging instruments Sheet Sheet Line Item Fair Value Line Item Fair Value Interest rate swaps Accrued Liabilities $ 286 Accrued Liabilities $ 1,038 Foreign exchange contracts Accrued Liabilities 70 Accrued Liabilities 94 $ 356 $ 1,132 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 Six Months Ended December 31, December 31, 2016 2015 2016 2015 Interest rate swaps $ 465 $ 307 $ 628 $ (245 ) Foreign exchange contracts 28 127 (74 ) 201 $ 493 $ 434 $ 554 $ (44 ) 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 Affected line item Other Comprehensive Three Months Ended Six Months Ended in the Unaudited Income (Loss) Components December 31, December 31, Condensed Statements 2016 2015 2016 2015 of Operations Interest rate swaps $ 110 $ 138 $ 229 $ 266 Interest expense Foreign exchange contracts (27 ) (31 ) 75 (39 ) Cost of Sales $ 83 $ 107 $ 304 $ 227

Note 11 - Retirement Benefits

Note 11 - Retirement Benefits	6 Months Ended
	Dec. 31, 2016
Notes to Financial Statements
Pension and Other Postretirement Benefits Disclosure [Text Block]	11) 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. employees is frozen for substantially all participants and has been 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 six December 31, 2016 2015 U.S. Plans Non-U.S. Plans Three Months Ended Three Months Ended December 31, December 31, 2016 2015 2016 2015 Service cost $ 1 $ 16 $ 9 $ 8 Interest cost 2,613 2,873 250 363 Expected return on plan assets (3,440 ) (3,465 ) (282 ) (330 ) Recognized net actuarial loss 1,190 995 249 213 Amortization of prior service cost - 3 (12 ) (12 ) Net periodic benefit cost $ 364 $ 422 $ 214 $ 242 U.S. Plans Non-U.S. Plans Six Months Ended Six Months Ended December 31, December 31, 2016 2015 2016 2015 Service cost $ 2 $ 34 $ 19 $ 17 Interest cost 5,226 5,745 514 734 Expected return on plan assets (6,881 ) (6,932 ) (579 ) (667 ) Recognized net actuarial loss 2,381 1,990 511 430 Amortization of prior service cost - 7 (24 ) (24 ) Net periodic benefit cost $ 728 $ 844 $ 441 $ 490 The Company expects to pay $1.3 2017. $0.4 $0.6 three six December 31, 2016 $0.3 $0.6 three six December 31, 2015, $0.7 2017. $0.3

Note 12 - Income Taxes

Note 12 - Income Taxes	6 Months Ended
	Dec. 31, 2016
Notes to Financial Statements
Income Tax Disclosure [Text Block]	12) The Company's effective tax rate from continuing operations for the second 2017 19.3% 20.3% 2017 The Company's effective tax rate from continuing operations for the six December 31, 2016 24.9% 25.3%

Note 13 - Earnings Per Share

Note 13 - Earnings Per Share	6 Months Ended
	Dec. 31, 2016
Notes to Financial Statements
Earnings Per Share [Text Block]	13) Basic earnings per common share is computed using the weighted average number of shares outstanding. Diluted earnings per share is computed using the weighted average number of shares outstanding adjusted for the incremental shares attributable to unvested stock units outstanding, if dilutive. 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 Six Months Ended December 31, December 31, 2016 2015 2016 2015 Basic - Average shares outstanding 12,659 12,692 12,668 12,675 Dilutive effect of unvested, restricted stock awards 95 99 104 102 Diluted - Average shares outstanding 12,754 12,791 12,772 12,777 Earnings available to common stockholders are the same for computing both basic and diluted earnings per share. No three six December 31, 2016 2015, Performance stock units of 29,607 30,764 six December 31, 2016 2015,

Note 14 - Comprehensive Income

Note 14 - Comprehensive Income (Loss)	6 Months Ended
	Dec. 31, 2016
Notes to Financial Statements
Comprehensive Income (Loss) Note [Text Block]	14) The components of the Company’s accumulated other comprehensive income (loss) are as follows (in thousands): December 31, 201 6 June 30, 2016 Foreign currency translation adjustment $ (36,242 ) $ (24,636 ) Unrealized pension losses, net of tax (90,342 ) (92,698 ) Unrealized losses on derivative instruments, net of tax (110 ) (641 ) Total $ (126,694 ) $ (117,975 )

Note 15 - Contingencies

Note 15 - Contingencies	6 Months Ended
	Dec. 31, 2016
Notes to Financial Statements
Contingencies Disclosure [Text Block]	15) 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 16 - Industry Segment Info

Note 16 - Industry Segment Information	6 Months Ended
	Dec. 31, 2016
Notes to Financial Statements
Segment Reporting Disclosure [Text Block]	16) The Company has determined that it has five • Food Service Equipment – an aggregation of eight • Engraving – provides mold texturizing, 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; • Engineering Technologies – 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. • Electronics – manufacturing and selling of electronic components for applications throughout the end-user market spectrum; and • Hydraulics – manufacturing and selling of single and double-acting telescopic and piston rod hydraulic cylinders. Net sales and income from continuing operations by segment for the three six December 31, 2016 2015 Three Months Ended December 31, Net Sales Income from Operations 2016 2015 2016 2015 Segment: Food Service Equipment $ 92,200 $ 90,936 $ 7,206 $ 6,704 Engraving 25,861 31,935 6,510 7,443 Engineering Technologies 18,549 20,711 1,877 2,093 Electronics 28,497 28,350 6,091 4,525 Hydraulics 8,747 10,016 979 1,519 Restructuring costs (1,664 ) (1,477 ) Acquisition-related costs (1,503 ) - Corporate (6,262 ) (4,745 ) Sub-total $ 173,854 $ 181,948 $ 13,234 $ 16,062 Interest expense (850 ) (731 ) Other non-operating income 332 294 Income from continuing operations before income taxes $ 12,716 $ 15,625 Six Months Ended December 31, Net Sales Income from Operations 2016 2015 2016 2015 Segment: Food Service Equipment $ 184,852 $ 198,149 $ 16,694 $ 20,728 Engraving 52,591 65,456 13,907 17,350 Engineering Technologies 37,269 39,422 3,372 2,768 Electronics 59,148 56,336 12,565 10,075 Hydraulics 19,594 20,983 3,108 3,495 Restructuring costs (2,058 ) (2,996 ) Acquisition-related costs (1,503 ) - Corporate (13,081 ) (12,255 ) Sub-total $ 353,454 $ 380,346 $ 33,004 $ 39,165 Interest expense (1,547 ) (1,375 ) Other non-operating income 766 484 Income from continuing operations before income taxes $ 32,223 $ 38,274 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. The Company’s identifiable assets at December 31, 2016 June 30, 2016 December 31, 2016 June 30, 2016 * Food Service Equipment $ 231,946 $ 206,875 Engraving 119,902 117,026 Engineering Technologies 146,527 147,866 Electronics 114,416 114,001 Hydraulics 18,642 19,084 Corporate & Other 79,296 85,605 Total $ 710,729 $ 690,457 * The identified assets as of June 30, 2016

Note 17 - Restructuring

Note 17 - Restructuring	6 Months Ended
	Dec. 31, 2016
Notes to Financial Statements
Restructuring and Related Activities Disclosure [Text Block]	17) 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 Six Months Ended December 31, 201 6 December 31, 2016 Fiscal 201 7 Involuntary Employee Severance and Benefit Costs Other Total Involuntary Employee Severance and Benefit Costs Other Total Restructuring initiatives $ 1,117 $ 492 $ 1,609 $ 1,146 $ 828 $ 1,974 Prior year initiatives - 55 55 - 84 84 $ 1,117 $ 547 $ 1,664 $ 1,146 $ 912 $ 2,058 Three Months Ended Six Months Ended December 31, 201 5 December 31, 201 5 Fiscal 201 6 Involuntary Employee Severance and Benefit Costs Other Total Involuntary Employee Severance and Benefit Costs Other Total Restructuring initiatives $ 696 $ 107 $ 803 $ 730 $ 167 $ 897 Prior year initiatives 22 652 674 59 2,040 2,099 $ 718 $ 759 $ 1,477 $ 789 $ 2,207 $ 2,996 201 7 Restructuring Initiatives The Company continues to focus on our efforts to reduce cost and improve productivity across our businesses, particularly through headcount reductions, facility closures, and consolidations. The Company’s 2017 Involuntary Employee Severance and Benefit Costs Other Total Restructuring liabilities at June 30, 2016 $ - $ - $ - Additions and adjustments 246 1,678 1,924 Payments (83 ) (1,294 ) (1,377 ) Restructuring liabilities at December 31, 2016 $ 163 $ 384 $ 547 Prior Year Initiatives The prior year initiatives yet to be completed include the movement of manufacturing from a legacy Canadian facility into the newly acquired Northlake facility, closure of a European facility within our Cooking division, and discontinuing of a product line at our Refrigeration group. 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, 2016 $ 74 $ 256 $ 330 Additions and adjustments 49 8 57 Payments (106 ) (124 ) (230 ) Restructuring liabilities at December 31, 2016 $ 17 $ 140 $ 157 The Company’s total restructuring expenses by segment are as follows (in thousands): Three Months Ended Six Months Ended December 31, 201 6 December 31, 2016 Involuntary Employee Severance and Benefit Costs Other Total Involuntary Employee Severance and Benefit Costs Other Total Food Service Equipment $ 1,117 $ 3 $ 1,120 $ 1,129 $ 78 $ 1,207 Engraving - - - 6 - 6 Engineering Technologies - 249 249 - 433 433 Electronics - 272 272 11 370 381 Corporate - 23 23 - 31 31 $ 1,117 $ 547 $ 1,664 $ 1,146 $ 912 $ 2,058 Three Months Ended Six Months Ended December 31, 201 5 December 31, 2015 Involuntary Employee Severance and Benefit Costs Other Total Involuntary Employee Severance and Benefit Costs Other Total Food Service Equipment $ 22 $ 744 $ 766 $ 22 $ 2,104 $ 2,126 Engraving 33 - 33 35 - 35 Engineering Technologies 126 - 126 160 - 160 Electronics 409 15 424 444 103 547 Corporate 128 - 128 128 - 128 $ 718 $ 759 $ 1,477 $ 789 $ 2,207 $ 2,996 Restructuring expense is expected to be $6.7 2017, $2.1 six December 31, 2016.

Note 18 - Disposal of a Busines

Note 18 - Disposal of a Business	6 Months Ended
	Dec. 31, 2016
Notes to Financial Statements
Disposal Groups, Including Discontinued Operations, Disclosure [Text Block]	3) In pursuing our business strategy, we have divested certain businesses and recorded activities of these businesses as discontinued operations. Discontinued operations for the three six December 31, 2016 2015 Three Months Ended Six Months Ended December 31, December 31, 2016 2015 2016 2015 Net sales $ - $ - $ - $ - Pre-tax earnings 13 (94 ) (49 ) (342 ) (Provision) benefit for taxes (7 ) 19 5 107 Net earnings (loss) from discontinued operations $ 6 $ (75 ) $ (44 ) $ (235 ) On March 30, 2012, $16.1 $13.1 $3.0 first 2016, one $2.8 October 2015 $0.2 first 2016 Assets and liabilities related to discontinued operations appear in our Unaudited Condensed Consolidated Balance Sheets as follows (in thousands): December 31, 2016 June 30, 2016 Other non-current assets 14 14 Accrued expenses 1,060 1,204 Accrued pension and other non-current liabilities - 55
Sale of U.S. Roll Plate and Machinery [Member]
Notes to Financial Statements
Disposal Groups, Including Discontinued Operations, Disclosure [Text Block]	1 8 ) Disposal of a Business During the first 2017, During the fourth 2016, $7.3

Note 19 - Subsequent Event

Note 19 - Subsequent Event	6 Months Ended
	Dec. 31, 2016
Notes to Financial Statements
Subsequent Events [Text Block]	19) On February 2, 2017, ¥6.8 $56 March 31, 2016 $12.9 March 31, 2017,

Note 2 - Acquisitions (Tables)

Note 2 - Acquisitions (Tables)	6 Months Ended
	Dec. 31, 2016
Notes Tables
Business Combination, Acquisition Related Costs [Table Text Block]	Three Months Ended Six Months Ended December 31, December 31, 2016 2015 2016 2015 Deferred compensation arrangements $ 703 $ - $ 703 $ - Acquisition-related costs 800 - 800 - Total $ 1,503 $ - $ 1,503 $ -
Wisconsin-based Northlake Engineering, Inc [Member]
Notes Tables
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block]	Final Fair value of business combination: Cash payments $ 14,015 Less: cash acquired (315 ) Total $ 13,700 Identifiable assets acquired and liabilities assumed: Current assets $ 2,810 Property, plant, and equipment 1,407 Identifiable intangible assets 6,824 Goodwill 5,121 Other non-current assets 158 Liabilities assumed (2,620 ) Final payments - Total $ 13,700
Horizon Scientific Inc. [Member]
Notes Tables
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block]	Preliminary Allocation Fair value of business combination: Cash payments $ 26,457 Less: cash acquired (1,797 ) Total $ 24,660 Identifiable assets acquired and liabilities assumed: Current assets $ 4,863 Inventories 4,470 Property, plant, and equipment 1,616 Identifiable intangible assets 17,550 Goodwill 5,452 Liabilities assumed (2,374 ) Deferred taxes (6,917 ) Total $ 24,660

Note 3 - Discontinued Operati27

Note 3 - Discontinued Operations (Tables)	6 Months Ended
	Dec. 31, 2016
Notes Tables
Earnings (Losses) from Discontinued Operations [Table Text Block]	Three Months Ended Six Months Ended December 31, December 31, 2016 2015 2016 2015 Net sales $ - $ - $ - $ - Pre-tax earnings 13 (94 ) (49 ) (342 ) (Provision) benefit for taxes (7 ) 19 5 107 Net earnings (loss) from discontinued operations $ 6 $ (75 ) $ (44 ) $ (235 )
Schedule Of Disposal Groups Including Discontinued Operations Balance Sheet [Table Text Block]	December 31, 2016 June 30, 2016 Other non-current assets 14 14 Accrued expenses 1,060 1,204 Accrued pension and other non-current liabilities - 55

Note 4 - Fair Value Measureme28

Note 4 - Fair Value Measurements (Tables)	6 Months Ended
	Dec. 31, 2016
Notes Tables
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block]	December 31, 2016 Total Level 1 Level 2 Level 3 Assets Marketable securities - deferred compensation plan $ 2,245 $ 2,245 $ - $ - Liabilities Foreign exchange contracts $ 70 $ - $ 70 $ - Interest rate swaps 287 - 287 - Contingent acquisition payments (a) 703 - - 703 June 30, 2016 Total Level 1 Level 2 Level 3 Assets Marketable securities - deferred compensation plan $ 2,333 $ 2,333 $ - $ - Foreign exchange contracts 11 - 11 - Liabilities Foreign exchange contracts $ 94 $ - $ 94 $ - Interest rate swaps 1,038 - 1,038 -

Note 5 - Inventories (Tables)

Note 5 - Inventories (Tables)	6 Months Ended
	Dec. 31, 2016
Notes Tables
Schedule of Inventory, Current [Table Text Block]	December 31 , 2016 June 30, 2016 Raw materials $ 49,624 $ 46,616 Work in process 28,527 26,541 Finished goods 32,801 32,245 Total $ 110,952 $ 105,402

Note 6 - Goodwill (Tables)

Note 6 - Goodwill (Tables)	6 Months Ended
	Dec. 31, 2016
Notes Tables
Schedule of Goodwill [Table Text Block]	June 30, 2016 Acquisition Translation Adjustment December 31, 2016 Food Service Equipment $ 56,804 $ 5,452 $ - $ 62,256 Engraving 19,935 - (88 ) 19,847 Engineering Technologies 44,321 - (676 ) 43,645 Electronics 33,235 - (1,025 ) 32,210 Hydraulics 3,059 - - 3,059 Total $ 157,354 $ 5,452 $ (1,789 ) $ 161,017

Note 7 - Intangible Assets (Tab

Note 7 - Intangible Assets (Tables)	6 Months Ended
	Dec. 31, 2016
Notes Tables
Schedule of Intangible Assets, Excluding Goodwill [Table Text Block]	Customer Relationships Trademarks Other Total December 3 1 , 201 6 Cost $ 61,756 $ 18,334 $ 4,355 $ 84,445 Accumulated amortization (26,234 ) - (2,762 ) (28,996 ) Balance, December 31, 2016 $ 35,522 $ 18,334 $ 1,593 $ 55,449 June 30, 201 6 Cost $ 46,297 $ 17,263 $ 4,471 $ 68,031 Accumulated amortization (24,892 ) - (2,727 ) (27,619 ) Balance, June 30, 2015 $ 21,405 $ 17,263 $ 1,744 $ 40,412

Note 8 - Warranties (Tables)

Note 8 - Warranties (Tables)	6 Months Ended
	Dec. 31, 2016
Notes Tables
Schedule of Product Warranty Liability [Table Text Block]	December 31, 2016 June 30, 2016 Balance at beginning of year $ 9,085 $ 7,436 Acquisitions and other 296 (5 ) Warranty expense 3,965 13,503 Warranty claims (4,481 ) (11,849 ) Balance at end of period $ 8,865 $ 9,085

Note 9 - Debt (Tables)

Note 9 - Debt (Tables)	6 Months Ended
	Dec. 31, 2016
Notes Tables
Schedule of Long-term Debt Instruments [Table Text Block]	December 31, 2016 June 30, 2016 Bank credit agreements $ 125,000 $ 93,000 Other 12 18 Total funded debt 125,012 93,018 Issuance Cost (717 ) (904 ) Total long-term debt $ 124,295 $ 92,114
Schedule of Maturities of Long-term Debt [Table Text Block]	Fiscal Year December 31, 2016 2017 $ 6 2018 6 2019 - 2020 125,000 2021 - Thereafter - Funded Debt 125,012 Issuance cost (717 ) Debt net of issuance cost $ 124,295

Note 10 - Derivative Financia34

Note 10 - Derivative Financial Instruments (Tables)	6 Months Ended
	Dec. 31, 2016
Notes Tables
Schedule of Interest Rate Derivatives [Table Text Block]	Fair Value Effective Date Notional Amount Fixed Rate Maturity December 31, 2016 June 30, 2016 December 19, 2014 20,000 1.18% December 19, 2017 $ (47 ) $ (201 ) December 19, 2014 5,000 1.20% December 19, 2017 (13 ) (52 ) December 18, 2015 15,000 1.46% December 19, 2018 (68 ) (325 ) December 19, 2015 10,000 2.01% December 19, 2019 (158 ) (460 ) $ (286 ) $ (1,038 )
Schedule of Foreign Exchange Contracts, Statement of Financial Position [Table Text Block]	Notional Amount (in native currency) Currency December 31, 2016 June 30, 2016 Euro 199,904 2,476,683 British Pound Sterling 247,852 593,799
Schedule of Derivative Instruments, Effect on Other Comprehensive Income (Loss) [Table Text Block]	Asset Derivatives December 31, 2016 June 30, 2016 Derivative designated Balance Balance as hedging instruments Sheet Sheet Line Item Fair Value Line Item Fair Value Foreign exchange contracts Other Assets $ 1 Other Assets $ 11 Liability Derivatives December 31, 2016 June 30, 2016 Derivative designated Balance Balance as hedging instruments Sheet Sheet Line Item Fair Value Line Item Fair Value Interest rate swaps Accrued Liabilities $ 286 Accrued Liabilities $ 1,038 Foreign exchange contracts Accrued Liabilities 70 Accrued Liabilities 94 $ 356 $ 1,132
Derivative Instruments, Gain (Loss) [Table Text Block]	Three Months Ended Six Months Ended December 31, December 31, 2016 2015 2016 2015 Interest rate swaps $ 465 $ 307 $ 628 $ (245 ) Foreign exchange contracts 28 127 (74 ) 201 $ 493 $ 434 $ 554 $ (44 )
Reclassification out of Accumulated Other Comprehensive Income [Table Text Block]	Details about Accumulated Affected line item Other Comprehensive Three Months Ended Six Months Ended in the Unaudited Income (Loss) Components December 31, December 31, Condensed Statements 2016 2015 2016 2015 of Operations Interest rate swaps $ 110 $ 138 $ 229 $ 266 Interest expense Foreign exchange contracts (27 ) (31 ) 75 (39 ) Cost of Sales $ 83 $ 107 $ 304 $ 227

Note 11 - Retirement Benefits (

Note 11 - Retirement Benefits (Tables)	6 Months Ended
	Dec. 31, 2016
Pension Plan [Member]
Notes Tables
Schedule of Net Benefit Costs [Table Text Block]	U.S. Plans Non-U.S. Plans Three Months Ended Three Months Ended December 31, December 31, 2016 2015 2016 2015 Service cost $ 1 $ 16 $ 9 $ 8 Interest cost 2,613 2,873 250 363 Expected return on plan assets (3,440 ) (3,465 ) (282 ) (330 ) Recognized net actuarial loss 1,190 995 249 213 Amortization of prior service cost - 3 (12 ) (12 ) Net periodic benefit cost $ 364 $ 422 $ 214 $ 242 U.S. Plans Non-U.S. Plans Six Months Ended Six Months Ended December 31, December 31, 2016 2015 2016 2015 Service cost $ 2 $ 34 $ 19 $ 17 Interest cost 5,226 5,745 514 734 Expected return on plan assets (6,881 ) (6,932 ) (579 ) (667 ) Recognized net actuarial loss 2,381 1,990 511 430 Amortization of prior service cost - 7 (24 ) (24 ) Net periodic benefit cost $ 728 $ 844 $ 441 $ 490

Note 13 - Earnings Per Share (T

Note 13 - Earnings Per Share (Tables)	6 Months Ended
	Dec. 31, 2016
Notes Tables
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]	Three Months Ended Six Months Ended December 31, December 31, 2016 2015 2016 2015 Basic - Average shares outstanding 12,659 12,692 12,668 12,675 Dilutive effect of unvested, restricted stock awards 95 99 104 102 Diluted - Average shares outstanding 12,754 12,791 12,772 12,777

Note 14 - Comprehensive Incom37

Note 14 - Comprehensive Income (Loss) (Tables)	6 Months Ended
	Dec. 31, 2016
Notes Tables
Schedule of Accumulated Other Comprehensive Income (Loss) [Table Text Block]	December 31, 201 6 June 30, 2016 Foreign currency translation adjustment $ (36,242 ) $ (24,636 ) Unrealized pension losses, net of tax (90,342 ) (92,698 ) Unrealized losses on derivative instruments, net of tax (110 ) (641 ) Total $ (126,694 ) $ (117,975 )

Note 16 - Industry Segment In38

Note 16 - Industry Segment Information (Tables)	6 Months Ended
	Dec. 31, 2016
Notes Tables
Reconciliation of Operating Profit (Loss) from Segments to Consolidated [Table Text Block]	Three Months Ended December 31, Net Sales Income from Operations 2016 2015 2016 2015 Segment: Food Service Equipment $ 92,200 $ 90,936 $ 7,206 $ 6,704 Engraving 25,861 31,935 6,510 7,443 Engineering Technologies 18,549 20,711 1,877 2,093 Electronics 28,497 28,350 6,091 4,525 Hydraulics 8,747 10,016 979 1,519 Restructuring costs (1,664 ) (1,477 ) Acquisition-related costs (1,503 ) - Corporate (6,262 ) (4,745 ) Sub-total $ 173,854 $ 181,948 $ 13,234 $ 16,062 Interest expense (850 ) (731 ) Other non-operating income 332 294 Income from continuing operations before income taxes $ 12,716 $ 15,625 Six Months Ended December 31, Net Sales Income from Operations 2016 2015 2016 2015 Segment: Food Service Equipment $ 184,852 $ 198,149 $ 16,694 $ 20,728 Engraving 52,591 65,456 13,907 17,350 Engineering Technologies 37,269 39,422 3,372 2,768 Electronics 59,148 56,336 12,565 10,075 Hydraulics 19,594 20,983 3,108 3,495 Restructuring costs (2,058 ) (2,996 ) Acquisition-related costs (1,503 ) - Corporate (13,081 ) (12,255 ) Sub-total $ 353,454 $ 380,346 $ 33,004 $ 39,165 Interest expense (1,547 ) (1,375 ) Other non-operating income 766 484 Income from continuing operations before income taxes $ 32,223 $ 38,274
Reconciliation of Assets from Segment to Consolidated [Table Text Block]	December 31, 2016 June 30, 2016 * Food Service Equipment $ 231,946 $ 206,875 Engraving 119,902 117,026 Engineering Technologies 146,527 147,866 Electronics 114,416 114,001 Hydraulics 18,642 19,084 Corporate & Other 79,296 85,605 Total $ 710,729 $ 690,457

Note 17 - Restructuring (Tables

Note 17 - Restructuring (Tables)	6 Months Ended
	Dec. 31, 2016
Notes Tables
Restructuring and Related Costs [Table Text Block]	Three Months Ended Six Months Ended December 31, 201 6 December 31, 2016 Fiscal 201 7 Involuntary Employee Severance and Benefit Costs Other Total Involuntary Employee Severance and Benefit Costs Other Total Restructuring initiatives $ 1,117 $ 492 $ 1,609 $ 1,146 $ 828 $ 1,974 Prior year initiatives - 55 55 - 84 84 $ 1,117 $ 547 $ 1,664 $ 1,146 $ 912 $ 2,058 Three Months Ended Six Months Ended December 31, 201 5 December 31, 201 5 Fiscal 201 6 Involuntary Employee Severance and Benefit Costs Other Total Involuntary Employee Severance and Benefit Costs Other Total Restructuring initiatives $ 696 $ 107 $ 803 $ 730 $ 167 $ 897 Prior year initiatives 22 652 674 59 2,040 2,099 $ 718 $ 759 $ 1,477 $ 789 $ 2,207 $ 2,996
Schedule of Restructuring Reserve by Type of Cost [Table Text Block]	Involuntary Employee Severance and Benefit Costs Other Total Restructuring liabilities at June 30, 2016 $ - $ - $ - Additions and adjustments 246 1,678 1,924 Payments (83 ) (1,294 ) (1,377 ) Restructuring liabilities at December 31, 2016 $ 163 $ 384 $ 547 Involuntary Employee Severance and Benefit Costs Other Total Restructuring liabilities at June 30, 2016 $ 74 $ 256 $ 330 Additions and adjustments 49 8 57 Payments (106 ) (124 ) (230 ) Restructuring liabilities at December 31, 2016 $ 17 $ 140 $ 157
Restructuring Expenses By Segment [Table Text Block]	Three Months Ended Six Months Ended December 31, 201 6 December 31, 2016 Involuntary Employee Severance and Benefit Costs Other Total Involuntary Employee Severance and Benefit Costs Other Total Food Service Equipment $ 1,117 $ 3 $ 1,120 $ 1,129 $ 78 $ 1,207 Engraving - - - 6 - 6 Engineering Technologies - 249 249 - 433 433 Electronics - 272 272 11 370 381 Corporate - 23 23 - 31 31 $ 1,117 $ 547 $ 1,664 $ 1,146 $ 912 $ 2,058 Three Months Ended Six Months Ended December 31, 201 5 December 31, 2015 Involuntary Employee Severance and Benefit Costs Other Total Involuntary Employee Severance and Benefit Costs Other Total Food Service Equipment $ 22 $ 744 $ 766 $ 22 $ 2,104 $ 2,126 Engraving 33 - 33 35 - 35 Engineering Technologies 126 - 126 160 - 160 Electronics 409 15 424 444 103 547 Corporate 128 - 128 128 - 128 $ 718 $ 759 $ 1,477 $ 789 $ 2,207 $ 2,996

Note 2 - Acquisitions (Details

Note 2 - Acquisitions (Details Textual) - USD ($) $ in Thousands		3 Months Ended		6 Months Ended
		Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2016	Dec. 31, 2015	Jun. 30, 2016
Payments to Acquire Businesses, Net of Cash Acquired				$ 24,660	$ 13,544
Business Combination, Contingent Consideration, Liability	[1]	$ 703		703
Goodwill		161,017		161,017		$ 157,354
Business Combination, Deferred Compensation Arrangements		703		$ 703
Horizon Scientific Inc. [Member]
Payments to Acquire Businesses, Net of Cash Acquired		$ 24,660
Business Acquisition, Percentage of Voting Interests Acquired		100.00%		100.00%
Business Combination, Contingent Consideration, Liability		$ 8,400		$ 8,400
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill		17,550		17,550
Goodwill		5,452		5,452
Business Combination, Deferred Compensation Due on Second Anniversary		2,800		2,800
Business Combination, Deferred Compensation Due on Third Anniversary		5,600		5,600
Business Combination, Deferred Compensation Arrangements		700		700
Horizon Scientific Inc. [Member] | Trademarks [Member]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Indefinite-Lived Intangible Assets		1,200		1,200
Horizon Scientific Inc. [Member] | Customer Relationships [Member]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Finite-Lived Intangibles		$ 16,100		16,100
Acquired Finite-lived Intangible Assets, Weighted Average Useful Life		15 years
Horizon Scientific Inc. [Member] | Product Order Backlog [Member]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Finite-Lived Intangibles		$ 300		$ 300
Wisconsin-based Northlake Engineering, Inc [Member]
Payments to Acquire Businesses, Net of Cash Acquired			$ 13,700
Business Acquisition, Percentage of Voting Interests Acquired			100.00%		100.00%
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill			$ 6,824		$ 6,824
Goodwill			5,121		5,121
Wisconsin-based Northlake Engineering, Inc [Member] | Trademarks [Member]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill			2,400		2,400
Wisconsin-based Northlake Engineering, Inc [Member] | Customer Relationships [Member]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill			$ 4,100		4,100
Acquired Finite-lived Intangible Assets, Weighted Average Useful Life			12 years 182 days
Wisconsin-based Northlake Engineering, Inc [Member] | Noncompete Agreements [Member]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Finite-Lived Intangibles			$ 300		$ 300
Acquired Finite-lived Intangible Assets, Weighted Average Useful Life			5 years
[1]	The fair value of our contingent consideration arrangement is determined based on our evaluation as to the probability and amount of any deferred compensation that has been earned to date.

Note 2 - Acquisitions - Compone

Note 2 - Acquisitions - Components of Fair Value of Acquisitions and Allocation of Purchase Price For Acquisition of Horizon (Details) - USD ($) $ in Thousands	3 Months Ended	6 Months Ended
	Dec. 31, 2016	Dec. 31, 2016	Dec. 31, 2015	Jun. 30, 2016
Total		$ 24,660	$ 13,544
Goodwill	$ 161,017	161,017		$ 157,354
Horizon Scientific Inc. [Member]
Cash payments	26,457
Less: cash acquired	(1,797)
Total	24,660
Current assets	4,863	4,863
Inventories	4,470	4,470
Property, plant, and equipment	1,616	1,616
Identifiable intangible assets	17,550	17,550
Goodwill	5,452	5,452
Liabilities assumed	(2,374)	(2,374)
Deferred taxes	(6,917)	(6,917)
Total	$ 24,660	$ 24,660

Note 2 - Acquisitions - Compo42

Note 2 - Acquisitions - Components of Fair Value of Acquisitions and Allocation of Purchase Price For Acquisition of Northlake (Details) - USD ($) $ in Thousands	3 Months Ended	6 Months Ended
	Dec. 31, 2015	Dec. 31, 2016	Dec. 31, 2015	Jun. 30, 2016
Total		$ 24,660	$ 13,544
Goodwill		$ 161,017		$ 157,354
Wisconsin-based Northlake Engineering, Inc [Member]
Cash payments	$ 14,015
Less: cash acquired	(315)
Total	13,700
Current assets	2,810		2,810
Property, plant, and equipment	1,407		1,407
Identifiable intangible assets	6,824		6,824
Goodwill	5,121		5,121
Other non-current assets	158		158
Liabilities assumed	(2,620)		(2,620)
Final payments
Total	$ 13,700		$ 13,700

Note 2 - Acquisitions - Compo43

Note 2 - Acquisitions - Components of Acquisition Related Costs (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2016	Dec. 31, 2015
Deferred compensation arrangements	$ 703		$ 703
Acquisition-related costs	800		800
Total	$ 1,503		$ 1,503

Note 3 - Discontinued Operati44

Note 3 - Discontinued Operations (Details Textual) $ in Millions	Mar. 30, 2012USD ($)	Oct. 31, 2015USD ($)	Sep. 30, 2015USD ($)
Discontinued Operation Disposal Price	$ 16.1
Proceeds from Sales of Business, Affiliate and Productive Assets	13.1
Notes Receivable, Related Parties, Current	$ 3
Number of Facilities Used as Collateral Sold in Period			1
Proceeds from Advance Payment on Notes Receivable		$ 2.8
Discontinued Operation, Gain (Loss) on Disposal of Discontinued Operation, Net of Tax			$ (0.2)

Note 3 - Discontinued Operati45

Note 3 - Discontinued Operations - Earnings (Losses) From Discontinued Operations (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2016	Dec. 31, 2015
Net sales
Pre-tax earnings	13	(94)	(49)	(342)
(Provision) benefit for taxes	(7)	19	5	107
Net earnings (loss) from discontinued operations	$ 6	$ (75)	$ (44)	$ (235)

Note 3 - Discontinued Operati46

Note 3 - Discontinued Operations - Assets and Liabilities Related to Discontinued Operations (Details) - USD ($) $ in Thousands	Dec. 31, 2016	Jun. 30, 2016
Other non-current assets	$ 14	$ 14
Accrued expenses	1,060	1,204
Accrued pension and other non-current liabilities		$ 55

Note 4 - Fair Value Measureme47

Note 4 - Fair Value Measurements (Details Textual) $ in Millions	Dec. 31, 2016USD ($)
Business Combination, Contingent Consideration Arrangements, Range of Outcomes, Value, High	$ 8.4

Note 4 - Fair Value Measureme48

Note 4 - Fair Value Measurements - Fair Value Measurements (Details) - USD ($) $ in Thousands		Dec. 31, 2016	Jun. 30, 2016
Liabilities			$ 11
Foreign exchange contracts liabilities		70	94
Interest rate swaps		287	1,038
Contingent acquisition payments (a)	[1]	703
Fair Value, Inputs, Level 1 [Member]
Liabilities
Foreign exchange contracts liabilities
Interest rate swaps
Contingent acquisition payments (a)	[1]
Fair Value, Inputs, Level 2 [Member]
Liabilities			11
Foreign exchange contracts liabilities		70	94
Interest rate swaps		287	1,038
Contingent acquisition payments (a)	[1]
Fair Value, Inputs, Level 3 [Member]
Liabilities
Foreign exchange contracts liabilities
Interest rate swaps
Contingent acquisition payments (a)	[1]	703
Deferred Compensation Plan [Member]
Marketable securities		2,245	2,333
Deferred Compensation Plan [Member] | Fair Value, Inputs, Level 1 [Member]
Marketable securities		2,245	2,333
Deferred Compensation Plan [Member] | Fair Value, Inputs, Level 2 [Member]
Marketable securities
Deferred Compensation Plan [Member] | Fair Value, Inputs, Level 3 [Member]
Marketable securities
[1]	The fair value of our contingent consideration arrangement is determined based on our evaluation as to the probability and amount of any deferred compensation that has been earned to date.

Note 5 - Inventories (Details T

Note 5 - Inventories (Details Textual) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2016	Dec. 31, 2015
Selling Expense	$ 4.6	$ 4.9	$ 9.6	$ 10.6

Note 5 - Inventories - Summary

Note 5 - Inventories - Summary of Inventories (Details) - USD ($) $ in Thousands	Dec. 31, 2016	Jun. 30, 2016
Raw materials	$ 49,624	$ 46,616
Work in process	28,527	26,541
Finished goods	32,801	32,245
Total	$ 110,952	$ 105,402

Note 6 - Goodwill - Changes to

Note 6 - Goodwill - Changes to Goodwill (Details) $ in Thousands	6 Months Ended
	Dec. 31, 2016USD ($)
Beginning balance, goodwill	$ 157,354
Acquisition	5,452
Translation Adjustment	(1,789)
Ending balance, goodwill	161,017
Food Service Equipment Group [Member]
Beginning balance, goodwill	56,804
Acquisition	5,452
Translation Adjustment
Ending balance, goodwill	62,256
Engraving Group [Member]
Beginning balance, goodwill	19,935
Acquisition
Translation Adjustment	(88)
Ending balance, goodwill	19,847
Engineering Technologies Group [Member]
Beginning balance, goodwill	44,321
Acquisition
Translation Adjustment	(676)
Ending balance, goodwill	43,645
Electronics Products Group [Member]
Beginning balance, goodwill	33,235
Acquisition
Translation Adjustment	(1,025)
Ending balance, goodwill	32,210
Hydraulics Products Group [Member]
Beginning balance, goodwill	3,059
Acquisition
Translation Adjustment
Ending balance, goodwill	$ 3,059

Note 7 - Intangible Assets (Det

Note 7 - Intangible Assets (Details Textual) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2016	Dec. 31, 2015
Amortization of Intangible Assets	$ 1.1	$ 0.8	$ 2	$ 1.6
Finite-Lived Intangible Assets, Amortization Expense, Remainder of Fiscal Year	2.2		2.2
Finite-Lived Intangible Assets, Amortization Expense, Year Two	4.6		4.6
Finite-Lived Intangible Assets, Amortization Expense, Year Three	4.6		4.6
Finite-Lived Intangible Assets, Amortization Expense, Year Four	4.1		4.1
Finite-Lived Intangible Assets, Amortization Expense, Year Five	3.6		3.6
Finite-Lived Intangible Assets, Amortization Expense, after Year Five	$ 17.8		$ 17.8

Note 7 - Intangible Assets - Su

Note 7 - Intangible Assets - Summary of Intangible Assets (Details) - USD ($) $ in Thousands	Dec. 31, 2016	Jun. 30, 2016
Cost	$ 84,445	$ 68,031
Accumulated amortization	(28,996)	(27,619)
Intangible assets, net	55,449	40,412
Trademarks [Member]
Cost	18,334	17,263
Accumulated amortization
Intangible assets, net	18,334	17,263
Customer Relationships [Member]
Cost	61,756	46,297
Accumulated amortization	(26,234)	(24,892)
Intangible assets, net	35,522	21,405
Other Intangible Assets [Member]
Cost	4,355	4,471
Accumulated amortization	(2,762)	(2,727)
Intangible assets, net	$ 1,593	$ 1,744

Note 8 - Warranties - Changes i

Note 8 - Warranties - Changes in Warranty Reserve (Details) - USD ($) $ in Thousands	6 Months Ended	12 Months Ended
	Dec. 31, 2016	Jun. 30, 2016
Balance at beginning of year	$ 9,085	$ 7,436
Acquisitions and other	296	(5)
Warranty expense	3,965	13,503
Warranty claims	(4,481)	(11,849)
Balance at end of period	$ 8,865	$ 9,085

Note 9 - Debt (Details Textual)

Note 9 - Debt (Details Textual) - USD ($) $ in Millions	12 Months Ended
	Jun. 30, 2015	Dec. 31, 2016
Amended and Restated Credit Agreement [Member]
Debt Instrument, Term	5 years
Line of Credit Facility, Maximum Borrowing Capacity	$ 400	$ 213.1
Line Of Credit, Accordion Feature	100
Swing Line Loan [Member]
Line of Credit Facility, Maximum Borrowing Capacity	10
Letter of Credit [Member]
Line of Credit Facility, Maximum Borrowing Capacity	$ 30
Standby Letters of Credit [Member]
Long-term Line of Credit		$ 8.4

Note 9 - Debt - Long-term Debt

Note 9 - Debt - Long-term Debt (Details) - USD ($) $ in Thousands	Dec. 31, 2016	Jun. 30, 2016
Funded debt	$ 125,012	$ 93,018
Issuance Cost	(717)	(904)
Total long-term debt	124,295	92,114
Line of Credit [Member]
Funded debt	125,000	93,000
Other Funded Debt [Member]
Funded debt	$ 12	$ 18

Note 9 - Debt - Maturities of L

Note 9 - Debt - Maturities of Long-term Debt (Details) - USD ($) $ in Thousands	Dec. 31, 2016	Jun. 30, 2016
2,017	$ 6
2,018	6
2,019
2,020	125,000
2,021	0
Thereafter	0
Funded Debt	125,012	$ 93,018
Issuance Cost	(717)	(904)
Debt net of issuance cost	$ 124,295	$ 92,114

Note 10 - Derivative Financia58

Note 10 - Derivative Financial Instruments (Details Textual) - USD ($) $ in Thousands	3 Months Ended	6 Months Ended
	Dec. 31, 2016	Dec. 31, 2016	Jun. 30, 2016
Derivative Instruments, Loss Recognized in Income, Ineffective Portion and Amount Excluded from Effectiveness Testing	$ 0	$ 0
Interest Rate Swap [Member]
Derivative, Notional Amount	$ 50,000	$ 50,000
Derivative, Average Fixed Interest Rate	1.43%	1.43%
Foreign Exchange Contract [Member]
Outstanding Forward Contracts, Net Unrealized Gain (Loss)	$ (100)	$ (100)	$ (100)

Note 10 - Derivative Financia59

Note 10 - Derivative Financial Instruments - Fair Value of Swaps Recognized in Accrued Liabilities and in Other Comprehensive Income (Loss) (Details) - USD ($) $ in Thousands	6 Months Ended
	Dec. 31, 2016	Jun. 30, 2016
Fair Value	$ (286)	$ (1,038)
Interest Rate Swap Effective December 19, 2014 Number One [Member]
Notional Amount	$ 20,000
Fixed Rate	1.18%
Maturity	Dec. 19, 2017
Fair Value	$ (47)	(201)
Interest Rate Swap Effective December 19, 2014 Number Two [Member]
Notional Amount	$ 5,000
Fixed Rate	1.20%
Maturity	Dec. 19, 2017
Fair Value	$ (13)	(52)
Interest Rate Swap Effective December 18, 2015 [Member]
Notional Amount	$ 15,000
Fixed Rate	1.46%
Maturity	Dec. 19, 2018
Fair Value	$ (68)	(325)
Interest Rate Swap Effective December 19, 2015 [Member]
Notional Amount	$ 10,000
Fixed Rate	2.01%
Maturity	Dec. 19, 2019
Fair Value	$ (158)	$ (460)

Note 10 - Derivative Financia60

Note 10 - Derivative Financial Instruments - Foreign Currency Exchange Contracts (Details) - USD ($)	Dec. 31, 2016	Jun. 30, 2016
Euro Member Countries, Euro
Derivative, Notional Amount	$ 199,904	$ 2,476,683
United Kingdom, Pounds
Derivative, Notional Amount	$ 247,852	$ 593,799

Note 10 - Derivative Financia61

Note 10 - Derivative Financial Instruments - Amounts Reclassified From Accumulated Other Comprehensive Income (Loss) to Net Income (Details) - Designated as Hedging Instrument [Member] - USD ($) $ in Thousands	Dec. 31, 2016	Jun. 30, 2016
Other Assets [Member] | Foreign Exchange Contract [Member]
Foreign exchange contracts	$ 1	$ 11
Other Liabilities [Member]
Liability	356	1,132
Other Liabilities [Member] | Foreign Exchange Contract [Member]
Liability	70	94
Other Liabilities [Member] | Interest Rate Swap [Member]
Liability	$ 286	$ 1,038

Note 10 - Derivative Financia62

Note 10 - Derivative Financial Instruments - Gain (Loss) Recognized in Comprehensive Income on Derivative Financial Instruments (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2016	Dec. 31, 2015
Unrealized gain (loss)	$ 493	$ 434	$ 554	$ (44)
Interest Rate Swap [Member]
Unrealized gain (loss)	465	307	628	(245)
Foreign Exchange Contract [Member]
Unrealized gain (loss)	$ 28	$ 127	$ (74)	$ 201

Note 10 - Derivative Financia63

Note 10 - Derivative Financial Instruments - Details About Accumulated Other Comprehensive Income (Loss) Components (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2016	Dec. 31, 2015
Accumulated Net Gain (Loss) from Cash Flow Hedges Attributable to Parent [Member]
Accumulated other comprehensive income (loss) component	$ 83	$ 107	$ 304	$ 227
Interest Expense [Member]
Accumulated other comprehensive income (loss) component	(83)	(107)	(304)	(227)
Interest Rate Swap [Member] | Interest Expense [Member] | Accumulated Net Gain (Loss) from Cash Flow Hedges Attributable to Parent [Member]
Accumulated other comprehensive income (loss) component	110	138	229	266
Foreign Exchange Contract [Member] | Cost of Sales [Member] | Accumulated Net Gain (Loss) from Cash Flow Hedges Attributable to Parent [Member]
Accumulated other comprehensive income (loss) component	$ (27)	$ (31)	$ 75	$ (39)

Note 11 - Retirement Benefits64

Note 11 - Retirement Benefits (Details Textual) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2016	Dec. 31, 2015
Defined Benefit Plans, Estimated Future Employer Contributions in Current Fiscal Year			$ 1.3
Pension Plan [Member]
Defined Benefit Plan, Contributions by Employer	$ 0.4	$ 0.3	0.6	$ 0.6
Foreign Pension Plan [Member] | UNITED KINGDOM
Defined Benefit Plans, Estimated Future Employer Contributions in Current Fiscal Year			0.7
United States Pension Plan of US Entity [Member] | UNITED STATES
Defined Benefit Plans, Estimated Future Employer Contributions in Current Fiscal Year			$ 0.3

Note 11 - Retirement Benefits -

Note 11 - Retirement Benefits - Components of Net Periodic Benefit Cost (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2016	Dec. 31, 2015
United States Pension Plan of US Entity [Member]
Service cost	$ 1	$ 16	$ 2	$ 34
Interest cost	2,613	2,873	5,226	5,745
Expected return on plan assets	(3,440)	(3,465)	(6,881)	(6,932)
Recognized net actuarial loss	1,190	995	2,381	1,990
Amortization of prior service cost		3		7
Net periodic benefit cost	364	422	728	844
Foreign Pension Plan [Member]
Service cost	9	8	19	17
Interest cost	250	363	514	734
Expected return on plan assets	(282)	(330)	(579)	(667)
Recognized net actuarial loss	249	213	511	430
Amortization of prior service cost	(12)	(12)	(24)	(24)
Net periodic benefit cost	$ 214	$ 242	$ 441	$ 490

Note 12 - Income Taxes (Details

Note 12 - Income Taxes (Details Textual)	3 Months Ended		6 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2016	Dec. 31, 2015
Effective Income Tax Rate Reconciliation, Percent	19.30%	20.30%	24.90%	25.30%

Note 13 - Earnings Per Share (D

Note 13 - Earnings Per Share (Details Textual) - shares	3 Months Ended		6 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2016	Dec. 31, 2015
Performance Shares [Member]
Share-based Compensation Awards Excluded from Computation of Earnings Per Share Amount			29,607	30,764
Employee Stock Option [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	0	0	0	0

Note 13 - Earnings Per Share -

Note 13 - Earnings Per Share - Computation of Basic and Diluted Earnings Per Share (Details) - shares shares in Thousands	3 Months Ended		6 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2016	Dec. 31, 2015
Basic - Average shares outstanding (in shares)	12,659	12,692	12,668	12,675
Dilutive effect of unvested, restricted stock awards (in shares)	95	99	104	102
Diluted - Average shares outstanding (in shares)	12,754	12,791	12,772	12,777

Note 14 - Comprehensive Incom69

Note 14 - Comprehensive Income (Loss) - Components of Accumulated Other Comprehensive Loss (Details) - USD ($) $ in Thousands	Dec. 31, 2016	Jun. 30, 2016
Foreign currency translation adjustment	$ (36,242)	$ (24,636)
Unrealized pension losses, net of tax	(90,342)	(92,698)
Unrealized losses on derivative instruments, net of tax	(110)	(641)
Total	$ (126,694)	$ (117,975)

Note 16 - Industry Segment In70

Note 16 - Industry Segment Information (Details Textual)	6 Months Ended
	Dec. 31, 2016
Number of Reportable Segments	5
Food Service Equipment Group [Member]
Number of Operating Segments	8

Note 16 - Industry Segment In71

Note 16 - Industry Segment Information - Net Sales and Income (Loss) by Industry Segments (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2016	Dec. 31, 2015
Net sales	$ 173,854	$ 181,948	$ 353,454	$ 380,346
Income from operations	13,234	16,062	33,004	39,165
Restructuring costs	(1,664)	(1,477)	(2,058)	(2,996)
Acquisition-related costs	(1,503)		(1,503)
Interest expense	(850)	(731)	(1,547)	(1,375)
Other non-operating income	332	294	766	484
Income from continuing operations before income taxes	12,716	15,625	32,223	38,274
Food Service Equipment Group [Member]
Net sales	92,200	90,936	184,852	198,149
Income from operations	7,206	6,704	16,694	20,728
Restructuring costs	(1,120)	(766)	(1,207)	(2,126)
Engraving Group [Member]
Net sales	25,861	31,935	52,591	65,456
Income from operations	6,510	7,443	13,907	17,350
Restructuring costs		(33)	(6)	(35)
Engineering Technologies Group [Member]
Net sales	18,549	20,711	37,269	39,422
Income from operations	1,877	2,093	3,372	2,768
Restructuring costs	(249)	(126)	(433)	(160)
Electronics Products Group [Member]
Net sales	28,497	28,350	59,148	56,336
Income from operations	6,091	4,525	12,565	10,075
Restructuring costs	(272)	(424)	(381)	(547)
Hydraulics Products Group [Member]
Net sales	8,747	10,016	19,594	20,983
Income from operations	979	1,519	3,108	3,495
Corporate and Other [Member]
Income from operations	$ (6,262)	(4,745)	$ (13,081)	(12,255)
Restructuring costs		$ (128)		$ (128)

Note 16 - Industry Segment In72

Note 16 - Industry Segment Information - Assets by Industry Segments (Details) - USD ($) $ in Thousands	Dec. 31, 2016	Jun. 30, 2016
Assets	$ 710,729	$ 690,457
Food Service Equipment Group [Member]
Assets	231,946	206,875
Engraving Group [Member]
Assets	119,902	117,026
Engineering Technologies Group [Member]
Assets	146,527	147,866
Electronics Products Group [Member]
Assets	114,416	114,001
Hydraulics Products Group [Member]
Assets	18,642	19,084
Corporate and Other [Member]
Assets	$ 79,296	$ 85,605

Note 17 - Restructuring (Detail

Note 17 - Restructuring (Details Textual) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2016	Dec. 31, 2015
Restructuring and Related Cost, Expected Cost	$ 6,700		$ 6,700
Restructuring Costs	$ 1,664	$ 1,477	$ 2,058	$ 2,996

Note 17 - Restructuring - Summa

Note 17 - Restructuring - Summary of Severance, Restructuring, and Related Charges by Initiative (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2016	Dec. 31, 2015
Restructuring charges	$ 1,664	$ 1,477	$ 2,058	$ 2,996
Involuntary Employee Severance And Benefit Costs [Member]
Restructuring charges	1,117	718	1,146	789
Other Restructuring [Member]
Restructuring charges	547	759	912	2,207
Current Year Restructuring Initiatives [Member]
Restructuring charges	1,609	803	1,974	897
Current Year Restructuring Initiatives [Member] | Involuntary Employee Severance And Benefit Costs [Member]
Restructuring charges	1,117	696	1,146	730
Current Year Restructuring Initiatives [Member] | Other Restructuring [Member]
Restructuring charges	492	107	828	167
Prior Year Initiatives [Member]
Restructuring charges	55	674	84	2,099
Prior Year Initiatives [Member] | Involuntary Employee Severance And Benefit Costs [Member]
Restructuring charges		22		59
Prior Year Initiatives [Member] | Other Restructuring [Member]
Restructuring charges	$ 55	$ 652	$ 84	$ 2,040

Note 17 - Restructuring - Sum75

Note 17 - Restructuring - Summary of Activity in Reserves Related to Restructuring Initiatives (Details) $ in Thousands	6 Months Ended
	Dec. 31, 2016USD ($)
Current Year Restructuring Initiatives [Member]
Restructuring liabilities
Additions and adjustments	1,924
Payments	(1,377)
Restructuring liabilities	547
Prior Year Initiatives [Member]
Restructuring liabilities	330
Additions and adjustments	57
Payments	(230)
Restructuring liabilities	157
Involuntary Employee Severance And Benefit Costs [Member] | Current Year Restructuring Initiatives [Member]
Restructuring liabilities
Additions and adjustments	246
Payments	(83)
Restructuring liabilities	163
Involuntary Employee Severance And Benefit Costs [Member] | Prior Year Initiatives [Member]
Restructuring liabilities	74
Additions and adjustments	49
Payments	(106)
Restructuring liabilities	17
Other Restructuring [Member] | Current Year Restructuring Initiatives [Member]
Restructuring liabilities
Additions and adjustments	1,678
Payments	(1,294)
Restructuring liabilities	384
Other Restructuring [Member] | Prior Year Initiatives [Member]
Restructuring liabilities	256
Additions and adjustments	8
Payments	(124)
Restructuring liabilities	$ 140

Note 17 - Restructuring - Sum76

Note 17 - Restructuring - Summary of Restructuring Expenses by Segment (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2016	Dec. 31, 2015
Restructuring charges	$ 1,664	$ 1,477	$ 2,058	$ 2,996
Involuntary Employee Severance And Benefit Costs [Member]
Restructuring charges	1,117	718	1,146	789
Other Restructuring [Member]
Restructuring charges	547	759	912	2,207
Food Service Equipment Group [Member]
Restructuring charges	1,120	766	1,207	2,126
Food Service Equipment Group [Member] | Involuntary Employee Severance And Benefit Costs [Member]
Restructuring charges	1,117	22	1,129	22
Food Service Equipment Group [Member] | Other Restructuring [Member]
Restructuring charges	3	744	78	2,104
Engraving Group [Member]
Restructuring charges		33	6	35
Engraving Group [Member] | Involuntary Employee Severance And Benefit Costs [Member]
Restructuring charges		33	6	35
Engraving Group [Member] | Other Restructuring [Member]
Restructuring charges
Engineering Technologies Group [Member]
Restructuring charges	249	126	433	160
Engineering Technologies Group [Member] | Involuntary Employee Severance And Benefit Costs [Member]
Restructuring charges		126		160
Engineering Technologies Group [Member] | Other Restructuring [Member]
Restructuring charges	249		433
Electronics Products Group [Member]
Restructuring charges	272	424	381	547
Electronics Products Group [Member] | Involuntary Employee Severance And Benefit Costs [Member]
Restructuring charges		409	11	444
Electronics Products Group [Member] | Other Restructuring [Member]
Restructuring charges	272	15	370	103
Corporate Segment [Member]
Restructuring charges	23		31
Corporate Segment [Member] | Involuntary Employee Severance And Benefit Costs [Member]
Restructuring charges
Corporate Segment [Member] | Other Restructuring [Member]
Restructuring charges	$ 23		$ 31
Corporate and Other [Member]
Restructuring charges		128		128
Corporate and Other [Member] | Involuntary Employee Severance And Benefit Costs [Member]
Restructuring charges		128		128
Corporate and Other [Member] | Other Restructuring [Member]
Restructuring charges

Note 18 - Disposal of a Busin77

Note 18 - Disposal of a Business (Details Textual) $ in Millions	3 Months Ended
	Jun. 30, 2016USD ($)
Other Operating Income (Expense) [Member]
Disposal Group, Not Discontinued Operation, Loss (Gain) on Write-down	$ 7.3

Note 19 - Subsequent Event (Det

Note 19 - Subsequent Event (Details Textual) - 12 months ended Mar. 31, 2016 - Oki Sensor Device Corporation [Member] $ in Millions, ¥ in Billions	USD ($)	JPY (¥)
Revenues	$ 56	¥ 6.8
Standex Electronics [Member]
Revenues	$ 12.9