Standex International (SXI) 10-Q 1 Nov 17 2018 Q1 Quarterly report Financial data

Document And Entity Information

Document And Entity Information - shares	3 Months Ended
	Sep. 30, 2017	Oct. 29, 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)		12,788,078
Document Type	10-Q
Document Period End Date	Sep. 30, 2017
Document Fiscal Year Focus	2,018
Document Fiscal Period Focus	Q1
Amendment Flag	false

Unaudited Condensed Consolidate

Unaudited Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($) $ in Thousands	Sep. 30, 2017	Jun. 30, 2017
Current Assets:
Cash and cash equivalents	$ 75,270	$ 88,566
Accounts receivable, net of reserve for doubtful accounts of $2,752 and $2,406 at September 30, 2017 and June 30, 2017	134,996	127,060
Inventories	123,366	119,401
Prepaid expenses and other current assets	9,321	8,397
Income taxes receivable	1,798	2,469
Deferred tax asset		14,991
Total current assets	344,751	360,884
Property, plant, and equipment, net	143,021	133,160
Intangible assets, net	104,401	102,503
Goodwill	248,557	242,690
Deferred tax asset	12,779	1,135
Other non-current assets	26,431	27,304
Total non-current assets	535,189	506,792
Total assets	879,940	867,676
Current Liabilities:
Accounts payable	79,513	96,487
Accrued liabilities	59,350	58,694
Income taxes payable	5,081	4,783
Total current liabilities	143,944	159,964
Long-term debt	205,896	191,976
Accrued pension and other non-current liabilities	103,676	107,072
Total non-current liabilities	309,572	299,048
Stockholders' equity:
Common stock, par value $1.50 per share, 60,000,000 shares authorized, 27,984,278 issued, 12,700,882 and 12,662,661 outstanding at September 30, 2017 and June 30, 2017	41,976	41,976
Additional paid-in capital	57,974	56,783
Retained earnings	728,553	716,605
Accumulated other comprehensive loss	(111,055)	(115,938)
Treasury shares: 15,283,396 shares at September 30, 2017 and 15,321,617 shares at June 30, 2017	(291,024)	(290,762)
Total stockholders' equity	426,424	408,664
Total liabilities and stockholders' equity	$ 879,940	$ 867,676

Unaudited Condensed Consolidat3

Unaudited Condensed Consolidated Balance Sheets (Current Period Unaudited) (Parentheticals) - USD ($) shares in Thousands, $ in Thousands	Sep. 30, 2017	Jun. 30, 2017
Reserve for doubtful accounts	$ 2,752	$ 2,406
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)	12,700,882	12,662,661
Treasury shares, shares (in shares)	15,283,396	15,321,617

Unaudited Condensed Consolidat4

Unaudited Condensed Consolidated Statements of Operations - USD ($) $ in Thousands	3 Months Ended
	Sep. 30, 2017	Sep. 30, 2016
Net sales	$ 214,379	$ 179,600
Cost of sales	140,198	117,824
Gross profit	74,181	61,776
Selling, general, and administrative expenses	50,026	41,612
Restructuring costs	3,004	394
Acquisition related expenses	1,005
Total operating expenses	54,035	42,006
Income from operations	20,146	19,770
Interest expense	(1,721)	(697)
Other non-operating income (expense)	604	434
Income from continuing operations before income taxes	19,029	19,507
Provision for income taxes	5,030	5,163
Income from continuing operations	13,999	14,344
Income (loss) from discontinued operations, net of income taxes	(1)	(50)
Net income (loss)	$ 13,998	$ 14,294
Basic earnings (loss) per share:
Continuing operations (in dollars per share)	$ 1.10	$ 1.13
Discontinued operations (in dollars per share)
Total (in dollars per share)	1.10	1.13
Diluted earnings (loss) per share:
Continuing operations (in dollars per share)	1.10	1.12
Discontinued operations (in dollars per share)
Total (in dollars per share)	1.10	1.12
Cash dividends per share (in dollars per share)	$ 0.16	$ 0.14

Unaudited Condensed Consolidat5

Unaudited Condensed Consolidated Statements of Comprehensive Income - USD ($) $ in Thousands	3 Months Ended
	Sep. 30, 2017	Sep. 30, 2016
Net income	$ 13,998	$ 14,294
Other comprehensive income (loss):
Actuarial gains (losses) and other changes in unrecognized costs	(250)	115
Amortization of unrecognized costs	1,365	1,440
Change in unrealized gains and (losses)	774	61
Foreign currency translation gains (losses)	3,414	(1,166)
Other comprehensive income (loss) before tax	5,454	671
Actuarial gains (losses) and other changes in unrecognized costs	52	90
Amortization of unrecognized costs	(478)	(506)
Change in unrealized gains and (losses)	(109)	(23)
Income tax provision (benefit) to other comprehensive income (loss)	(571)	(523)
Other comprehensive income (loss), net of tax	4,883	148
Comprehensive income (loss)	18,881	14,442
Interest Expense [Member]
Other comprehensive income (loss):
Amortization of unrealized gains and (losses)	151	221
Amortization of unrealized gains and (losses)	$ (36)	$ (84)

Unaudited Condensed Consolidat6

Unaudited Condensed Consolidated Statements of Cash Flows - USD ($) $ in Thousands	3 Months Ended
	Sep. 30, 2017	Sep. 30, 2016
Cash flows from operating activities
Net income	$ 13,998	$ 14,294
(Income) loss from discontinued operations	1	50
Income from continuing operations	13,999	14,344
Adjustments to reconcile net income to net cash provided by (used in) operating activities:
Depreciation and amortization	6,869	4,373
Stock-based compensation	1,164	1,365
Non-cash portion of restructuring charge	516	(19)
Contributions to defined benefit plans	(264)	(246)
Net changes in operating assets and liabilities	(27,739)	(18,368)
Net cash provided by (used in) operating activities - continuing operations	(5,455)	1,449
Net cash provided by (used in) operating activities - discontinued operations	(39)	(82)
Net cash provided by (used in) operating activities	(5,494)	1,367
Cash flows from investing activities
Expenditures for property, plant, and equipment	(8,856)	(7,121)
Expenditures for acquisitions, net of cash acquired	(10,397)
Proceeds from life insurance policies	2,217
Other investing activity	(78)	712
Net cash (used in) investing activities - continuing operations	(17,114)	(6,409)
Net cash provided by investing activities - discontinued operations
Net cash (used in) investing activities	(17,114)	(6,409)
Cash flows from financing activities
Borrowings on revolving credit facility	63,000	29,500
Payments of revolving credit facility	(52,788)	(17,500)
Activity under share-based payment plans	1,042	366
Purchases of treasury stock	(1,277)	(5,678)
Cash dividends paid	(2,026)	(1,774)
Net cash provided by (used in) financing activities	7,951	4,914
Effect of exchange rate changes on cash and cash equivalents	1,361	(607)
Net change in cash and cash equivalents	(13,296)	(735)
Cash and cash equivalents at beginning of year	88,566	121,988
Cash and cash equivalents at end of period	75,270	121,253
Supplemental Disclosure of Cash Flow Information:
Interest	1,447	589
Income taxes, net of refunds	$ 5,264	$ 3,832

Note 1 - Management Statement

Note 1 - Management Statement	3 Months Ended
	Sep. 30, 2017
Notes to Financial Statements
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 September 30, 2017 2016, three September 30, 2017 2016 September 30, 2017. not not not June 30, 2017. June 30, 2017 not 10 June 30, 2017. There have been no , results of operations, cash flows or to our critical accounting policies that were disclosed in our Annual Report on Form 10 June 30, 2017 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. During the fourth 2017, 2016 09 first 2017 $0.4 first 2017 Recently Issued Accounting Pronouncements In May 2014, 2014 09, Revenue from Contract with Customers 1 2 3 may 4 5 July 1, 2018, not In November 2015, 2015 17, Income Taxes (Topic 740 as part of its simplification initiatives. This update requires deferred tax liabilities and assets to be classified as non-current on the consolidated condensed balance sheet for fiscal years beginning after December 15, 2016, 2015 17 September 30, 2017, not June 30, 2017. no 2015 17. In February 2016, 2016 02, Leases (Topic 842 . ASU 2016 02 twelve not 2016 02 December 15, 2018. In January 2017, 2017 04, Simplifying the Test for Goodwill Impairment two 2017 04 2017 04 December 15, 2019. 2017 04 In March 2017, 2017 07, Compensation-Retirement Benefits (Topic 715 December 15, 2017 ( 2019 2017 07

Note 2 - Acquisitions

Note 2 - Acquisitions	3 Months Ended
	Sep. 30, 2017
Notes to Financial Statements
Business Combination Disclosure [Text Block]	2. The Company ’s recent acquisitions are strategically significant to the future growth prospects of the Company. At the time of the acquisition and September 30, 2017, Piazza Rosa Group During the first 2018, Piazza Rosa Group. The Italy-based privately held company is a leading provider of mold and tool treatment and finishing services for the automotive and consumer products markets. We have included the results of the Piazza Rosa Group in our Engraving segment in our Condensed Consolidated Financial Statements. The Company paid $ 10.1 $2.8 not Intangible assets of $ 4.1 $2.3 eight $1.6 $0.2 $6.2 not The components of the fair value of the Piazza Rosa Group acquisition, including the preliminary allocation of the purchase price at September 30, 2017, Preliminary Allocation September 30, 2017 Fair value of business combination: Cash payments $ 12,889 Less: cash paid to satisfy acquired debt (2,833 ) Total $ 10,056 Identifiable assets acquired and liabilities assumed: Other acquired assets $ 2,678 Inventories 637 Property, plant, and equipment 5,005 Identifiable intangible assets 4,087 Goodwill 6,218 Liabilities assumed (7,387 ) Deferred taxes (1,182 ) Total $ 10,056 OKI Sensor Device Corporation During the third 2017, ’s leading designer and supplier of magnetic reed switches. Now named Standex Electronics Japan Corporation (“Standex Electronics Japan”), the acquisition enhances the Company’s access to important Asian markets and enables the Company to offer a world class suite of reed switches and related magnetic solutions while continuing to serve Standex Electronics Japan’s diverse distribution channels. We have included the results of Standex Electronics Japan in our Electronics segment in our Condensed Consolidated Financial Statements. The Company paid $129.2 100% not no Intangible assets of $53.8 $50.1 10 20 $3.6 fifteen $0.1 2017. $1.6 $2.3 $0.2 $0.1 2017. $77.6 not The components of the fair value of the Standex Electronics Japan acquisition, including the preliminary allocation of the purchase price at September 30, 2017, Preliminary Allocation Adjusted Allocation March 31, 2017 Adjustments September 30, 2017 Fair value of business combination: Cash payments $ 137,676 $ - $ 137,676 Less: cash acquired (8,521 ) - (8,521 ) Total $ 129,155 $ - $ 129,155 Identifiable assets acquired and liabilities assumed: Other acquired assets $ 12,497 $ (366 ) $ 12,131 Inventories 7,387 815 8,202 Property, plant, and equipment 12,703 5,750 18,453 Identifiable intangible assets 53,800 (2,400 ) 51,400 Goodwill 75,985 1,646 77,631 Liabilities assumed (10,811 ) (8,405 ) (19,216 ) Deferred taxes (22,406 ) 2,960 (19,446 ) Total $ 129,155 $ - $ 129,155 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. The Company anticipates finalizing the purchase price allocation during the current calendar year. The following table reflects the unaudited pro forma operating results of the Company for the quarters ended September 30, 2017 2016, not may not not (Unaudited Pro Forma) For quarters ended September 30, In thousands 2017 2016 Net Sales $ 214,379 $ 197,277 Net Income $ 14,185 $ 15,029 Earnings per share: Basic $ 1.12 $ 1.19 Diluted $ 1.11 $ 1.17 Pro forma earnings during the quarter ended September 30, 2017 $0.2 Pro forma earnings during the quarter ended September 30, 2016 $0.7 $0.3 $0.4 Horizon Scientific During the second 2017, ’s penetration of the refrigeration markets in the growing scientific sector. We have included the operating results of Horizon Scientific in our Food Service Equipment segment in our Condensed Consolidated Financial Statements. The Company paid $24.7 100% $0.3 was paid during the quarter along with deferred compensation of up to $8.4 Intangible assets of $ 16.2 $14.5 fifteen $1.4 $0.3 $6.7 not The components of the fair value of the Horizon Scientific acquisition, including the allocation of the purchase price at June 30, 2017, Final Fair value of business combination: Cash payments $ 26,457 Identified cash and net working capital adjustment 341 Less: cash acquired (1,797 ) Total $ 25,001 Identifiable assets acquired and liabilities assumed: Current assets $ 4,863 Inventories 4,470 Property, plant, and equipment 1,616 Identifiable intangible assets 16,150 Goodwill 6,660 Liabilities assumed (2,374 ) Deferred taxes (6,384 ) Total $ 25,001 The Company finalized the purchase price allocation during fiscal year 2017. June 30, 2017. 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 Deferred compensation costs relate to payments due to the Horizon Scientific seller of $2.8 second $5.6 third three September 30, 2017, $0.7 Acquisition related expenses consist of miscellaneous professional service fees and expenses for our recent acquisitions. The components of acquisition-related costs are as follows (dollars in thousands): Three Months Ended September 30 , 2017 2016 Deferred compensation arrangements $ 703 $ - Acquisition-related costs 302 - Total $ 1,005 $ -

Note 3 - Discontinued Operation

Note 3 - Discontinued Operations	3 Months Ended
	Sep. 30, 2017
Notes to Financial Statements
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. Assets and liabilities related to our discontinued operations appear in the condensed consolidated balance sheets are as follows (in thousands): September 3 0 , 201 7 June 30, 201 7 Other non-current assets $ 14 $ 14 Accrued expenses 747 786

Note 4 - Fair Value Measurement

Note 4 - Fair Value Measurements	3 Months Ended
	Sep. 30, 2017
Notes to Financial Statements
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 may 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. T here were no September 30, 2017 June 30, 2017. 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, 2017 June 30, 2017 September 3 0 , 201 7 Total Level 1 Level 2 Level 3 Assets Marketable securities - deferred compensation plan $ 2,212 $ 2,212 $ - $ - Foreign exchange contracts 1,436 - 1,436 - Interest rate swaps 3,686 - 3,686 - Liabilities Foreign exchange contracts $ 3,741 $ - $ 3,741 $ - Interest rate swaps 3,573 - 3,573 - Contingent acquisition payments (a) 2,810 - - 2,810 June 30, 201 7 Total Level 1 Level 2 Level 3 Assets Marketable securities - deferred compensation plan $ 2,397 $ 2,397 $ - $ - Foreign exchange contracts 399 - 399 - Interest rate swaps 3,777 - 3,777 - Liabilities Foreign exchange contracts $ 3,232 $ - $ 3,232 $ - Interest rate swaps 3,958 - 3,958 - Contingent acquisition payments (a) 2,108 - - 2,108 (a) 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. Our financial liabilities based upon Level 3 second third Contingent acquisition payment liabilities are scheduled to be paid in periods through fiscal year 2020. September 30, 2017, $8.4 not 3 September 30, 2017,

Note 5 - Inventories

Note 5 - Inventories	3 Months Ended
	Sep. 30, 2017
Notes to Financial Statements
Inventory Disclosure [Text Block]	5 ) Inventories Inventories are comprised of the following (in thousands): September 3 0 , 201 7 June 30, 201 7 Raw materials $ 54,043 $ 53,313 Work in process 31,759 28,110 Finished goods 37,564 37,978 Total $ 123,366 $ 119,401 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 $5.9 $5.0 three September 30, 2017 2016,

Note 6 - Goodwill

Note 6 - Goodwill	3 Months Ended
	Sep. 30, 2017
Notes to Financial Statements
Goodwill Disclosure [Text Block]	6 ) Goodwill Changes to goodwill during the period ended September 30, 2017 June 30, 201 7 Acquisitions Translation Adjustment September 30, 2017 Food Service Equipment $ 63,464 $ - $ - $ 63,464 Engraving 20,000 6,218 238 26,456 Engineering Technologies 44,120 - 263 44,383 Electronics 112,047 (1,270 ) 418 111,195 Hydraulics 3,059 - - 3,059 Total $ 242,690 $ 4,948 $ 919 $ 248,557

Note 7 - Intangible Assets

Note 7 - Intangible Assets	3 Months Ended
	Sep. 30, 2017
Notes to Financial Statements
Intangible Assets Disclosure [Text Block]	7 ) Intangible Assets Intangible assets consist of the following (in thousands): Tradenames Customer Relationships (Indefinite- lived) Developed Technology Other Total September 30, 2017 Cost $ 66,868 $ 20,413 $ 47,533 $ 4,855 $ 139,669 Accumulated amortization (30,083 ) - (1,855 ) (3,330 ) (35,268 ) Balance, September 30, 2017 $ 36,785 $ 20,413 $ 45,678 $ 1,525 $ 104,401 June 30, 201 7 Cost $ 64,247 $ 18,715 $ 47,586 $ 4,503 $ 135,051 Accumulated amortization (28,764 ) - (826 ) (2,958 ) (32,548 ) Balance, June 30, 201 7 $ 35,483 $ 18,715 $ 46,760 $ 1,545 $ 102,503 Amortization expense for the three months ended September 30, 2017 2016 $2.2 $0.9 September 30, 2017, $7.0 2018, $9.0 2019, $8.4 2020, $7.9 2021, $7.4 2022, $44.5

Note 8 - Warranties

Note 8 - Warranties	3 Months Ended
	Sep. 30, 2017
Notes to Financial Statements
Product Warranty Disclosure [Text Block]	8 Warranties 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, for the three September 30, 2017 June 30, 2017 September 3 0 , 201 7 June 30, 201 7 Balance at beginning of year $ 9,243 $ 9,085 Acquisitions and other 8 301 Warranty expense 1,570 9,203 Warranty claims (1,350 ) (9,346 ) Balance at end of period $ 9,471 $ 9,243

Note 9 - Debt

Note 9 - Debt	3 Months Ended
	Sep. 30, 2017
Notes to Financial Statements
Debt Disclosure [Text Block]	9 ) Debt Long-term debt is comprised of the following (in thousands): September 3 0 , 201 7 June 30, 201 7 Bank credit agreements $ 205,500 $ 192,500 Other 832 6 Total funded debt 206,332 192,506 Issuance Cost (436 ) (530 ) Total long-term debt $ 205,896 $ 191,976 T he Company’s debt payments are due as follows (in thousands): Fiscal Year September 3 0 , 201 7 2018 $ 199 2019 109 2020 205,612 202 1 114 202 2 117 Thereafter 181 Total Debt 206,332 Issuance cost (436 ) Debt net of issuance cost $ 205,896 Bank Credit Agreements During fiscal year 2015, five December 2019 $400 $100 $10 $30 At September 30, 2017, $8.9 $176.9 September 30, 2017, Other The Company incurred additional debt related primarily to a Piazza Rosa construction project that was completed in October 2017.

Note 10 - Derivative Financial

Note 10 - Derivative Financial Instruments	3 Months Ended
	Sep. 30, 2017
Notes to Financial Statements
Derivative Instruments and Hedging Activities Disclosure [Text Block]	10 ) 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 $100 1.60% September 30, 2017. Effective Date Notional Amount Fixed Interest Rate Maturity September 30, 2017 June 30, 201 7 December 19, 2014 20,000 1.18% December 19, 2017 $ 4 $ 8 December 19, 2014 5,000 1.20% December 19, 2017 (1 ) 1 December 18, 2015 15,000 1.46% December 19, 2018 5 (1 ) December 19, 2015 10,000 2.01% December 19, 2019 83 (106 ) May 24, 2017 25,000 1.88% April 24, 2022 35 (60 ) May 24, 2017 25,000 1.67% May 24, 2020 (13 ) (23 ) $ 113 $ (181 ) The Company reported no three September 30, 2017, 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 collections from customers and loan payments between subsidiaries. The Company enters into such contracts for hedging purposes only. The Company has designated certain of these currency contracts as hedges, and changes in the fair value of these contracts are recognized in other comprehensive income until the hedged items are recognized in earnings. Hedge ineffectiveness, if any, associated with these contracts will be reported in net income. At September 30, 2017 June 30, 2017, 2.3 2.8 2018 2023, Currency September 3 0 , 201 7 June 30, 201 7 USD 69,000 73,000 Euro 21,323 21,335 Pound Sterling 6,750 6,962 Peso 54,000 54,000 Canadian 20,600 20,600 The table below presents the fair value of derivative financial instruments as well as their classification on the balance sheet (in thousands): Asset Derivatives September 3 0 , 201 7 June 30, 2 01 7 Balance Balance Derivative designated as hedging instruments Sheet Line Item Fair Value Sheet Line Item Fair Value Interest rate swaps Other Assets $ 113 Other Assets $ - Foreign exchange contracts Other Assets 1,436 Other Assets - $ 1,549 $ - Liability Derivatives September 3 0 , 201 7 June 30, 201 7 Balance Balance Derivative designated as hedging instruments Sheet Line Item Fair Value Sheet Line Item Fair Value Interest rate swaps Accrued Liabilities $ - Accrued Liabilities $ 181 Foreign exchange contracts Accrued Liabilities 3,729 Accrued Liabilities 2,833 $ 3,729 $ 3,014 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 , 201 7 201 7 Interest rate swaps $ 286 $ 163 Foreign exchange contracts 488 (102 ) $ 774 $ 61 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 September 3 0 , in the Statements Income (Loss) Components 201 7 201 6 of Operations Interest rate swaps $ 151 $ 119 Interest expense Foreign exchange contracts - 102 Cost of Sales $ 151 $ 221

Note 11 - Retirement Benefits

Note 11 - Retirement Benefits	3 Months Ended
	Sep. 30, 2017
Notes to Financial Statements
Pension and Other Postretirement Benefits Disclosure [Text Block]	1 1 ) 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. 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 September 30 , 2017 2016 U.S. Plans Non-U.S. Plans Three Months Ended Three Months Ended September 3 0 , September 3 0 , 201 7 201 6 201 7 201 6 Service cost $ 1 $ 1 $ 9 $ 9 Interest cost 2,520 2,613 254 264 Expected return on plan assets (3,354 ) (3,440 ) (231 ) (297 ) Recognized net actuarial loss 1,145 1,190 229 262 Amortization of prior service cost - - (8 ) (12 ) Net periodic benefit cost $ 312 $ 364 $ 253 $ 226 The Company expects to pay $1.4 2018. $0.3 three September 30, 2017 $0.2 three September 30, 2016. $0.8 2018. $0.2 $0.3

Note 12 - Income Taxes

Note 12 - Income Taxes	3 Months Ended
	Sep. 30, 2017
Notes to Financial Statements
Income Tax Disclosure [Text Block]	1 2 ) Income Taxes The Company's effective tax rate from continuing operations for the first 2018 26.4% 26.5% and (ii) a benefit due to the mix of income earned in jurisdictions with beneficial tax rates.

Note 13 - Earnings Per Share

Note 13 - Earnings Per Share	3 Months Ended
	Sep. 30, 2017
Notes to Financial Statements
Earnings Per Share [Text Block]	1 3 ) 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 3 0 , 201 7 201 6 Basic - Average shares outstanding 12,676 12,674 Effect of dilutive securities: Unvested, restricted stock awards 92 120 Diluted - Average shares outstanding 12,768 12,794 Earnings available to common stockholders are the same for computing both basic and diluted earnings per share. No three months ended September 30, 2017 2016, Performance stock units of 54,893 29,607 three September 30, 2017 2016, not

Note 14 - Comprehensive Income

Note 14 - Comprehensive Income (Loss)	3 Months Ended
	Sep. 30, 2017
Notes to Financial Statements
Comprehensive Income (Loss) Note [Text Block]	1 4 ) Comprehensive Income (L oss) The components of the Company ’s accumulated other comprehensive income (loss) are as follows (in thousands): September 3 0 , 201 7 June 30, 201 7 Foreign currency translation adjustment $ (21,693 ) $ (25,107 ) Unrealized pension losses, net of tax (85,957 ) (86,646 ) Unrealized losses on derivative instruments, net of tax (3,405 ) (4,185 ) Total $ (111,055 ) $ (115,938 )

Note 15 - Contingencies

Note 15 - Contingencies	3 Months Ended
	Sep. 30, 2017
Notes to Financial Statements
Contingencies Disclosure [Text Block]	1 5 ) 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

Note 16 - Industry Segment Info

Note 16 - Industry Segment Information	3 Months Ended
	Sep. 30, 2017
Notes to Financial Statements
Segment Reporting Disclosure [Text Block]	1 6 ) Industry Segment Information 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 (loss) from continuing operations by segment for the three September 30, 2017 2016 Three Months Ended September 3 0 , Net Sales Income from Operations 201 7 201 6 201 7 201 6 Segment: Food Service Equipment $ 103,064 $ 92,651 $ 10,424 $ 9,488 Engraving 32,829 26,730 7,420 7,398 Engineering Technologies 20,267 18,721 1,167 1,496 Electronics 46,816 30,651 10,236 6,473 Hydraulics 11,403 10,847 1,851 2,129 Restructuring costs (3,004 ) (394 ) Corporate (6,943 ) (6,820 ) Acquisition-related costs (1,005 ) - Sub-total $ 214,379 $ 179,600 $ 20,146 $ 19,770 Interest expense (1,721 ) (697 ) Other non-operating income 604 434 Income from cont inuing operations before income taxes $ 19,029 $ 19,507 Net sales include only transactions with unaffiliated customers and include no Income (loss) from operations by segment excludes interest expense and other non-operating income (expense). The Company ’s identifiable assets at September 30, 2017 June 30, 2017 September 3 0 , 201 7 June 30, 201 7 Food Service Equipment $ 250,595 $ 243,414 Engraving 138,265 115,664 Engineering Technologies 146,715 150,805 Electronics 284,201 292,776 Hydraulics 22,761 21,405 Corporate & Other 37,403 43,612 Total $ 879,940 $ 867,676

Note 17 - Restructuring

Note 17 - Restructuring	3 Months Ended
	Sep. 30, 2017
Notes to Financial Statements
Restructuring and Related Activities Disclosure [Text Block]	1 7 ) 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 September 3 0 , 2017 Fiscal 201 8 Involuntary Employee Severance and Benefit Costs Other Total Restructuring initiatives $ 1,682 $ 547 $ 2,229 Prior year initiatives 42 733 775 $ 1,724 $ 1,280 $ 3,004 Three Months Ended September 3 0 , 201 6 Fiscal 201 7 Involuntary Employee Severance and Benefit Costs Other Total Restructuring initiatives $ 23 $ 283 $ 306 Prior year initiatives 6 82 88 $ 29 $ 365 $ 394 201 8 Restructuring Initiatives The Company continue s to focus on our efforts to reduce cost and improve productivity across our businesses, particularly through headcount reductions, facility closures, and consolidations. During the first 2018, 2018 three 1 2 3 Involuntary Employee Severance and Benefit Costs Other Total Restructuring liabilities at June 30 , 2017 $ - $ - $ - Additions and adjustments 1,682 547 2,229 Payments (1,276 ) (547 ) (1,823 ) Restructuring liabilities at September 30, 2017 $ 406 $ - $ 406 Prior Year Initiatives The prior year initiatives yet to be completed are primarily the finalization of the manufacturing footprint consolidation within our Enginetics business in the Engineering Technology segment. 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, 2017 $ 506 $ 1,238 $ 1,744 Additions and adjustments 42 752 794 Payments (532 ) (1,662 ) (2,194 ) Restructuring liabilities at September 30, 2017 $ 16 $ 328 $ 344 The Company ’s total restructuring expenses by segment are as follows (in thousands): Three Months Ended Three Months Ended September 3 0 , 201 7 September 3 0 , 201 6 Involuntary Employee Severance and Benefit Costs Other Total Involuntary Employee Severance and Benefit Costs Other Total Food Service Equipment $ 835 $ 427 $ 1,262 $ 12 $ 75 $ 87 Engraving 715 94 809 6 - 6 Engineering Technologies 42 724 766 - 185 185 Electronics P roducts 132 26 158 11 98 109 Hydraulics - - - - - - Corporate - 9 9 - 7 7 $ 1,724 $ 1,280 $ 3,004 $ 29 $ 365 $ 394 W e incurred severance and other costs of $3.0 $0.4 three September 30, 2017 2016 $5.0 $6.0 2018.

Note 2 - Acquisitions (Tables)

Note 2 - Acquisitions (Tables)	3 Months Ended
	Sep. 30, 2017
Notes Tables
Business Acquisition, Pro Forma Information [Table Text Block]	(Unaudited Pro Forma) For quarters ended September 30, In thousands 2017 2016 Net Sales $ 214,379 $ 197,277 Net Income $ 14,185 $ 15,029 Earnings per share: Basic $ 1.12 $ 1.19 Diluted $ 1.11 $ 1.17
Business Combination, Acquisition Related Costs [Table Text Block]	Three Months Ended September 30 , 2017 2016 Deferred compensation arrangements $ 703 $ - Acquisition-related costs 302 - Total $ 1,005 $ -
Horizon Scientific Inc. [Member]
Notes Tables
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block]	Final Fair value of business combination: Cash payments $ 26,457 Identified cash and net working capital adjustment 341 Less: cash acquired (1,797 ) Total $ 25,001 Identifiable assets acquired and liabilities assumed: Current assets $ 4,863 Inventories 4,470 Property, plant, and equipment 1,616 Identifiable intangible assets 16,150 Goodwill 6,660 Liabilities assumed (2,374 ) Deferred taxes (6,384 ) Total $ 25,001
Standex Electronics Japan Corporation [Member]
Notes Tables
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block]	Preliminary Allocation Adjusted Allocation March 31, 2017 Adjustments September 30, 2017 Fair value of business combination: Cash payments $ 137,676 $ - $ 137,676 Less: cash acquired (8,521 ) - (8,521 ) Total $ 129,155 $ - $ 129,155 Identifiable assets acquired and liabilities assumed: Other acquired assets $ 12,497 $ (366 ) $ 12,131 Inventories 7,387 815 8,202 Property, plant, and equipment 12,703 5,750 18,453 Identifiable intangible assets 53,800 (2,400 ) 51,400 Goodwill 75,985 1,646 77,631 Liabilities assumed (10,811 ) (8,405 ) (19,216 ) Deferred taxes (22,406 ) 2,960 (19,446 ) Total $ 129,155 $ - $ 129,155
Piazza Rosa Group [Member]
Notes Tables
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block]	Preliminary Allocation September 30, 2017 Fair value of business combination: Cash payments $ 12,889 Less: cash paid to satisfy acquired debt (2,833 ) Total $ 10,056 Identifiable assets acquired and liabilities assumed: Other acquired assets $ 2,678 Inventories 637 Property, plant, and equipment 5,005 Identifiable intangible assets 4,087 Goodwill 6,218 Liabilities assumed (7,387 ) Deferred taxes (1,182 ) Total $ 10,056

Note 3 - Discontinued Operati25

Note 3 - Discontinued Operations (Tables)	3 Months Ended
	Sep. 30, 2017
Notes Tables
Schedule Of Disposal Groups Including Discontinued Operations Balance Sheet [Table Text Block]	September 3 0 , 201 7 June 30, 201 7 Other non-current assets $ 14 $ 14 Accrued expenses 747 786

Note 4 - Fair Value Measureme26

Note 4 - Fair Value Measurements (Tables)	3 Months Ended
	Sep. 30, 2017
Notes Tables
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block]	September 3 0 , 201 7 Total Level 1 Level 2 Level 3 Assets Marketable securities - deferred compensation plan $ 2,212 $ 2,212 $ - $ - Foreign exchange contracts 1,436 - 1,436 - Interest rate swaps 3,686 - 3,686 - Liabilities Foreign exchange contracts $ 3,741 $ - $ 3,741 $ - Interest rate swaps 3,573 - 3,573 - Contingent acquisition payments (a) 2,810 - - 2,810 June 30, 201 7 Total Level 1 Level 2 Level 3 Assets Marketable securities - deferred compensation plan $ 2,397 $ 2,397 $ - $ - Foreign exchange contracts 399 - 399 - Interest rate swaps 3,777 - 3,777 - Liabilities Foreign exchange contracts $ 3,232 $ - $ 3,232 $ - Interest rate swaps 3,958 - 3,958 - Contingent acquisition payments (a) 2,108 - - 2,108

Note 5 - Inventories (Tables)

Note 5 - Inventories (Tables)	3 Months Ended
	Sep. 30, 2017
Notes Tables
Schedule of Inventory, Current [Table Text Block]	September 3 0 , 201 7 June 30, 201 7 Raw materials $ 54,043 $ 53,313 Work in process 31,759 28,110 Finished goods 37,564 37,978 Total $ 123,366 $ 119,401

Note 6 - Goodwill (Tables)

Note 6 - Goodwill (Tables)	3 Months Ended
	Sep. 30, 2017
Notes Tables
Schedule of Goodwill [Table Text Block]	June 30, 201 7 Acquisitions Translation Adjustment September 30, 2017 Food Service Equipment $ 63,464 $ - $ - $ 63,464 Engraving 20,000 6,218 238 26,456 Engineering Technologies 44,120 - 263 44,383 Electronics 112,047 (1,270 ) 418 111,195 Hydraulics 3,059 - - 3,059 Total $ 242,690 $ 4,948 $ 919 $ 248,557

Note 7 - Intangible Assets (Tab

Note 7 - Intangible Assets (Tables)	3 Months Ended
	Sep. 30, 2017
Notes Tables
Schedule of Intangible Assets, Excluding Goodwill [Table Text Block]	Tradenames Customer Relationships (Indefinite- lived) Developed Technology Other Total September 30, 2017 Cost $ 66,868 $ 20,413 $ 47,533 $ 4,855 $ 139,669 Accumulated amortization (30,083 ) - (1,855 ) (3,330 ) (35,268 ) Balance, September 30, 2017 $ 36,785 $ 20,413 $ 45,678 $ 1,525 $ 104,401 June 30, 201 7 Cost $ 64,247 $ 18,715 $ 47,586 $ 4,503 $ 135,051 Accumulated amortization (28,764 ) - (826 ) (2,958 ) (32,548 ) Balance, June 30, 201 7 $ 35,483 $ 18,715 $ 46,760 $ 1,545 $ 102,503

Note 8 - Warranties (Tables)

Note 8 - Warranties (Tables)	3 Months Ended
	Sep. 30, 2017
Notes Tables
Schedule of Product Warranty Liability [Table Text Block]	September 3 0 , 201 7 June 30, 201 7 Balance at beginning of year $ 9,243 $ 9,085 Acquisitions and other 8 301 Warranty expense 1,570 9,203 Warranty claims (1,350 ) (9,346 ) Balance at end of period $ 9,471 $ 9,243

Note 9 - Debt (Tables)

Note 9 - Debt (Tables)	3 Months Ended
	Sep. 30, 2017
Notes Tables
Schedule of Long-term Debt Instruments [Table Text Block]	September 3 0 , 201 7 June 30, 201 7 Bank credit agreements $ 205,500 $ 192,500 Other 832 6 Total funded debt 206,332 192,506 Issuance Cost (436 ) (530 ) Total long-term debt $ 205,896 $ 191,976
Schedule of Maturities of Long-term Debt [Table Text Block]	Fiscal Year September 3 0 , 201 7 2018 $ 199 2019 109 2020 205,612 202 1 114 202 2 117 Thereafter 181 Total Debt 206,332 Issuance cost (436 ) Debt net of issuance cost $ 205,896

Note 10 - Derivative Financia32

Note 10 - Derivative Financial Instruments (Tables)	3 Months Ended
	Sep. 30, 2017
Notes Tables
Schedule of Interest Rate Derivatives [Table Text Block]	Effective Date Notional Amount Fixed Interest Rate Maturity September 30, 2017 June 30, 201 7 December 19, 2014 20,000 1.18% December 19, 2017 $ 4 $ 8 December 19, 2014 5,000 1.20% December 19, 2017 (1 ) 1 December 18, 2015 15,000 1.46% December 19, 2018 5 (1 ) December 19, 2015 10,000 2.01% December 19, 2019 83 (106 ) May 24, 2017 25,000 1.88% April 24, 2022 35 (60 ) May 24, 2017 25,000 1.67% May 24, 2020 (13 ) (23 ) $ 113 $ (181 )
Schedule of Foreign Exchange Contracts, Statement of Financial Position [Table Text Block]	Currency September 3 0 , 201 7 June 30, 201 7 USD 69,000 73,000 Euro 21,323 21,335 Pound Sterling 6,750 6,962 Peso 54,000 54,000 Canadian 20,600 20,600
Schedule of Derivative Instruments, Effect on Other Comprehensive Income (Loss) [Table Text Block]	Asset Derivatives September 3 0 , 201 7 June 30, 2 01 7 Balance Balance Derivative designated as hedging instruments Sheet Line Item Fair Value Sheet Line Item Fair Value Interest rate swaps Other Assets $ 113 Other Assets $ - Foreign exchange contracts Other Assets 1,436 Other Assets - $ 1,549 $ - Liability Derivatives September 3 0 , 201 7 June 30, 201 7 Balance Balance Derivative designated as hedging instruments Sheet Line Item Fair Value Sheet Line Item Fair Value Interest rate swaps Accrued Liabilities $ - Accrued Liabilities $ 181 Foreign exchange contracts Accrued Liabilities 3,729 Accrued Liabilities 2,833 $ 3,729 $ 3,014
Derivative Instruments, Gain (Loss) [Table Text Block]	Three Months Ended September 30 , 201 7 201 7 Interest rate swaps $ 286 $ 163 Foreign exchange contracts 488 (102 ) $ 774 $ 61
Reclassification out of Accumulated Other Comprehensive Income [Table Text Block]	Details about Accumulated Three Months Ended Affected line item Other Comprehensive September 3 0 , in the Statements Income (Loss) Components 201 7 201 6 of Operations Interest rate swaps $ 151 $ 119 Interest expense Foreign exchange contracts - 102 Cost of Sales $ 151 $ 221

Note 11 - Retirement Benefits (

Note 11 - Retirement Benefits (Tables)	3 Months Ended
	Sep. 30, 2017
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 September 3 0 , September 3 0 , 201 7 201 6 201 7 201 6 Service cost $ 1 $ 1 $ 9 $ 9 Interest cost 2,520 2,613 254 264 Expected return on plan assets (3,354 ) (3,440 ) (231 ) (297 ) Recognized net actuarial loss 1,145 1,190 229 262 Amortization of prior service cost - - (8 ) (12 ) Net periodic benefit cost $ 312 $ 364 $ 253 $ 226

Note 13 - Earnings Per Share (T

Note 13 - Earnings Per Share (Tables)	3 Months Ended
	Sep. 30, 2017
Notes Tables
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]	Three Months Ended September 3 0 , 201 7 201 6 Basic - Average shares outstanding 12,676 12,674 Effect of dilutive securities: Unvested, restricted stock awards 92 120 Diluted - Average shares outstanding 12,768 12,794

Note 14 - Comprehensive Incom35

Note 14 - Comprehensive Income (Loss) (Tables)	3 Months Ended
	Sep. 30, 2017
Notes Tables
Schedule of Accumulated Other Comprehensive Income (Loss) [Table Text Block]	September 3 0 , 201 7 June 30, 201 7 Foreign currency translation adjustment $ (21,693 ) $ (25,107 ) Unrealized pension losses, net of tax (85,957 ) (86,646 ) Unrealized losses on derivative instruments, net of tax (3,405 ) (4,185 ) Total $ (111,055 ) $ (115,938 )

Note 16 - Industry Segment In36

Note 16 - Industry Segment Information (Tables)	3 Months Ended
	Sep. 30, 2017
Notes Tables
Reconciliation of Operating Profit (Loss) from Segments to Consolidated [Table Text Block]	Three Months Ended September 3 0 , Net Sales Income from Operations 201 7 201 6 201 7 201 6 Segment: Food Service Equipment $ 103,064 $ 92,651 $ 10,424 $ 9,488 Engraving 32,829 26,730 7,420 7,398 Engineering Technologies 20,267 18,721 1,167 1,496 Electronics 46,816 30,651 10,236 6,473 Hydraulics 11,403 10,847 1,851 2,129 Restructuring costs (3,004 ) (394 ) Corporate (6,943 ) (6,820 ) Acquisition-related costs (1,005 ) - Sub-total $ 214,379 $ 179,600 $ 20,146 $ 19,770 Interest expense (1,721 ) (697 ) Other non-operating income 604 434 Income from cont inuing operations before income taxes $ 19,029 $ 19,507
Reconciliation of Assets from Segment to Consolidated [Table Text Block]	September 3 0 , 201 7 June 30, 201 7 Food Service Equipment $ 250,595 $ 243,414 Engraving 138,265 115,664 Engineering Technologies 146,715 150,805 Electronics 284,201 292,776 Hydraulics 22,761 21,405 Corporate & Other 37,403 43,612 Total $ 879,940 $ 867,676

Note 17 - Restructuring (Tables

Note 17 - Restructuring (Tables)	3 Months Ended
	Sep. 30, 2017
Notes Tables
Restructuring and Related Costs [Table Text Block]	Three Months Ended September 3 0 , 2017 Fiscal 201 8 Involuntary Employee Severance and Benefit Costs Other Total Restructuring initiatives $ 1,682 $ 547 $ 2,229 Prior year initiatives 42 733 775 $ 1,724 $ 1,280 $ 3,004 Three Months Ended September 3 0 , 201 6 Fiscal 201 7 Involuntary Employee Severance and Benefit Costs Other Total Restructuring initiatives $ 23 $ 283 $ 306 Prior year initiatives 6 82 88 $ 29 $ 365 $ 394
Schedule of Restructuring Reserve by Type of Cost [Table Text Block]	Involuntary Employee Severance and Benefit Costs Other Total Restructuring liabilities at June 30 , 2017 $ - $ - $ - Additions and adjustments 1,682 547 2,229 Payments (1,276 ) (547 ) (1,823 ) Restructuring liabilities at September 30, 2017 $ 406 $ - $ 406 Involuntary Employee Severance and Benefit Costs Other Total Restructuring liabilities at June 30, 2017 $ 506 $ 1,238 $ 1,744 Additions and adjustments 42 752 794 Payments (532 ) (1,662 ) (2,194 ) Restructuring liabilities at September 30, 2017 $ 16 $ 328 $ 344
Restructuring Expenses By Segment [Table Text Block]	Three Months Ended Three Months Ended September 3 0 , 201 7 September 3 0 , 201 6 Involuntary Employee Severance and Benefit Costs Other Total Involuntary Employee Severance and Benefit Costs Other Total Food Service Equipment $ 835 $ 427 $ 1,262 $ 12 $ 75 $ 87 Engraving 715 94 809 6 - 6 Engineering Technologies 42 724 766 - 185 185 Electronics P roducts 132 26 158 11 98 109 Hydraulics - - - - - - Corporate - 9 9 - 7 7 $ 1,724 $ 1,280 $ 3,004 $ 29 $ 365 $ 394

Note 1 - Management Statement (

Note 1 - Management Statement (Details Textual) - USD ($) $ in Thousands	3 Months Ended
	Sep. 30, 2017	Mar. 31, 2017	Sep. 30, 2016
Income Tax Expense (Benefit)	$ 5,030		$ 5,163
Accounting Standards Update 2016-09 [Member]
Income Tax Expense (Benefit)		$ 400

Note 2 - Acquisitions (Details

Note 2 - Acquisitions (Details Textual) - USD ($) $ in Thousands		Sep. 30, 2017	Jun. 30, 2017	Mar. 31, 2017	Sep. 30, 2017	Jun. 30, 2017	Mar. 31, 2017	Dec. 31, 2016	Sep. 30, 2016	Sep. 30, 2017	Jun. 30, 2017	Jun. 30, 2018
Payments to Acquire Businesses, Net of Cash Acquired					$ 10,397
Goodwill		$ 248,557	$ 242,690		248,557	$ 242,690				$ 248,557	$ 242,690
Business Combination, Acquisition Related Costs					302
Amortization of Intangible Assets					2,200				900
Interest Expense					1,721				697
Business Combination, Contingent Consideration, Liability	[1]	2,810	2,108		2,810	2,108				2,810	2,108
Business Combination, Deferred Compensation Arrangements					703
Piazza Rosa Group [Member]
Payments to Acquire Businesses, Net of Cash Acquired		10,056			10,100
Other Payments to Acquire Businesses		2,833			2,800
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill		4,087			4,087					4,087
Goodwill		6,218			6,218					6,218
Piazza Rosa Group [Member] | Trademarks (Indefinite-Lived) [Member]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill		1,600			1,600					1,600
Piazza Rosa Group [Member] | Customer Relationships [Member]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill		2,300			$ 2,300					2,300
Acquired Finite-lived Intangible Assets, Weighted Average Useful Life					8 years
Piazza Rosa Group [Member] | Other Intangible Assets [Member]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill		200			$ 200					200
Standex Electronics Japan Corporation [Member]
Payments to Acquire Businesses, Net of Cash Acquired				$ 129,155			$ 129,200				129,155
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill			51,400	53,800		51,400	53,800				51,400
Goodwill		$ 77,600	77,631	$ 75,985	77,600	77,631	$ 75,985			77,600	77,631
Business Acquisition, Percentage of Voting Interests Acquired				100.00%			100.00%
Goodwill, Purchase Accounting Adjustments						1,646				$ 1,600
Business Combination, Provisional Information, Initial Accounting Incomplete, Adjustment, Intangibles						(2,400)
Standex Electronics Japan Corporation [Member] | Acquisition-related Costs [Member]
Business Combination, Acquisition Related Costs					200
Standex Electronics Japan Corporation [Member] | Fair Value Adjustment to Intangible Assets [Member]
Amortization of Intangible Assets									700
Standex Electronics Japan Corporation [Member] | Fair Value Adjustment to Fixed Assets [Member]
Depreciation									300
Standex Electronics Japan Corporation [Member] | Fair Value Adjustment to Credit Facility [Member]
Interest Expense									$ 400
Standex Electronics Japan Corporation [Member] | Customer Relationships [Member]
Acquired Finite-lived Intangible Assets, Weighted Average Useful Life							15 years
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Finite-Lived Intangibles				$ 3,600			$ 3,600
Business Combination, Provisional Information, Initial Accounting Incomplete, Adjustment, Intangibles						(200)
Standex Electronics Japan Corporation [Member] | Developed Technology Rights [Member]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Finite-Lived Intangibles				50,100			$ 50,100
Business Combination, Provisional Information, Initial Accounting Incomplete, Adjustment, Intangibles						(2,300)
Standex Electronics Japan Corporation [Member] | Developed Technology Rights [Member] | Minimum [Member]
Finite-Lived Intangible Asset, Useful Life							10 years
Standex Electronics Japan Corporation [Member] | Developed Technology Rights [Member] | Maximum [Member]
Finite-Lived Intangible Asset, Useful Life							20 years
Standex Electronics Japan Corporation [Member] | Order or Production Backlog [Member]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Finite-Lived Intangibles				$ 100			$ 100
Business Combination, Provisional Information, Initial Accounting Incomplete, Adjustment, Intangibles						100
Horizon Scientific Inc. [Member]
Payments to Acquire Businesses, Net of Cash Acquired			25,001					$ 24,700
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill			16,150			16,150		$ 16,200			16,150
Goodwill			$ 6,660			$ 6,660					$ 6,660
Business Acquisition, Percentage of Voting Interests Acquired								100.00%
Business Combination, Contingent Consideration, Liability								$ 8,400
Business Combination, Deferred Compensation Due on Second Anniversary								2,800
Business Combination, Deferred Compensation Due on Third Anniversary								5,600
Business Combination, Deferred Compensation Arrangements					$ 700
Horizon Scientific Inc. [Member] | Scenario, Forecast [Member]
Payments for Previous Acquisition												$ 300
Horizon Scientific Inc. [Member] | Customer Relationships [Member]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill								$ 14,500
Acquired Finite-lived Intangible Assets, Weighted Average Useful Life								15 years
Horizon Scientific Inc. [Member] | Order or Production Backlog [Member]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Finite-Lived Intangibles								$ 300
Horizon Scientific Inc. [Member] | Trademarks [Member]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill								$ 1,400
[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 Piazza Rosa Group (Details) - USD ($) $ in Thousands	Sep. 30, 2017	Sep. 30, 2017	Sep. 30, 2016	Jun. 30, 2017
Total		$ 10,397
Goodwill	$ 248,557	248,557		$ 242,690
Piazza Rosa Group [Member]
Cash payments	12,889
Less: cash paid to satisfy acquired debt	(2,833)	(2,800)
Total	10,056	10,100
Other acquired assets	2,678	2,678
Inventories	637	637
Property, plant, and equipment	5,005	5,005
Identifiable intangible assets	4,087	4,087
Goodwill	6,218	6,218
Liabilities assumed	(7,387)	(7,387)
Deferred taxes	(1,182)	(1,182)
Total	$ 10,056	$ 10,056

Note 2 - Acquisitions - Compo41

Note 2 - Acquisitions - Components of Fair Value of Acquisitions and Allocation of Purchase Price For Acquisition of Standex Electronics Japan Corporation (Details) - USD ($) $ in Thousands	Mar. 31, 2017	Sep. 30, 2017	Jun. 30, 2017	Mar. 31, 2017	Sep. 30, 2016	Sep. 30, 2017	Jun. 30, 2017
Total		$ 10,397
Goodwill		248,557	$ 242,690			$ 248,557	$ 242,690
Standex Electronics Japan Corporation [Member]
Cash payments	$ 137,676						137,676
Less: cash acquired	(8,521)						(8,521)
Total	129,155			$ 129,200			129,155
Other acquired assets	12,497		12,131	12,497			12,131
Other acquired assets			(366)
Inventories	7,387		8,202	7,387			8,202
Inventories			815
Property, plant, and equipment	12,703		18,453	12,703			18,453
Property, plant, and equipment			5,750
Identifiable intangible assets	53,800		51,400	53,800			51,400
Business Combination, Provisional Information, Initial Accounting Incomplete, Adjustment, Intangibles			(2,400)
Goodwill	75,985	$ 77,600	77,631	75,985		77,600	77,631
Goodwill, Purchase Accounting Adjustments			1,646			$ 1,600
Liabilities assumed	(10,811)		(19,216)	(10,811)			(19,216)
Liabilities assumed			(8,405)
Deferred taxes	(22,406)		(19,446)	(22,406)			(19,446)
Deferred taxes			2,960
Total	$ 129,155		$ 129,155	$ 129,155			$ 129,155

Note 2 - Acquisitions - Unaudit

Note 2 - Acquisitions - Unaudited Pro Forma Information (Details) - Standex Electronics Japan Corporation [Member] - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended
	Sep. 30, 2017	Sep. 30, 2016
Net Sales	$ 214,379	$ 197,277
Net Income	$ 14,185	$ 15,029
Basic (in dollars per share)	$ 1.12	$ 1.19
Diluted (in dollars per share)	$ 1.11	$ 1.17

Note 2 - Acquisitions - Compo43

Note 2 - Acquisitions - Components of Fair Value of Acquisitions and Allocation of Purchase Price For Acquisition of Horizon (Details) - USD ($) $ in Thousands	Jun. 30, 2017	Sep. 30, 2017	Dec. 31, 2016	Sep. 30, 2016
Total		$ 10,397
Goodwill	$ 242,690	$ 248,557
Horizon Scientific Inc. [Member]
Cash payments	26,457
Identified cash and net working capital adjustment	341
Less: cash acquired	(1,797)
Total	25,001		$ 24,700
Current assets	4,863
Inventories	4,470
Property, plant, and equipment	1,616
Identifiable intangible assets	16,150		$ 16,200
Goodwill	6,660
Liabilities assumed	(2,374)
Deferred taxes	(6,384)
Total	$ 25,001

Note 2 - Acquisitions - Compo44

Note 2 - Acquisitions - Components of Acquisition Related Costs (Details) - USD ($) $ in Thousands	3 Months Ended
	Sep. 30, 2017	Sep. 30, 2016
Deferred compensation arrangements	$ 703
Acquisition-related costs	302
Total	$ 1,005

Note 3 - Discontinued Operati45

Note 3 - Discontinued Operations - Assets and Liabilities Related to Discontinued Operations (Details) - USD ($) $ in Thousands	Sep. 30, 2017	Jun. 30, 2017
Other non-current assets	$ 14	$ 14
Accrued expenses	$ 747	$ 786

Note 4 - Fair Value Measureme46

Note 4 - Fair Value Measurements (Details Textual) $ in Millions	Sep. 30, 2017USD ($)
Business Combination, Contingent Consideration Arrangements, Range of Outcomes, Value, High	$ 8.4

Note 4 - Fair Value Measureme47

Note 4 - Fair Value Measurements - Fair Values of Financial Instruments (Details) - USD ($) $ in Thousands		Sep. 30, 2017	Jun. 30, 2017
Foreign exchange contracts		$ 1,436	$ 399
Interest rate swaps		3,686	3,777
Foreign exchange contracts		3,741	3,232
Interest rate swaps		3,573	3,958
Business Combination, Contingent Consideration, Liability	[1]	2,810	2,108
Fair Value, Inputs, Level 1 [Member]
Foreign exchange contracts
Interest rate swaps
Foreign exchange contracts
Interest rate swaps
Business Combination, Contingent Consideration, Liability	[1]
Fair Value, Inputs, Level 2 [Member]
Foreign exchange contracts		1,436	399
Interest rate swaps		3,686	3,777
Foreign exchange contracts		3,741	3,232
Interest rate swaps		3,573	3,958
Business Combination, Contingent Consideration, Liability	[1]
Fair Value, Inputs, Level 3 [Member]
Foreign exchange contracts
Interest rate swaps
Foreign exchange contracts
Interest rate swaps
Business Combination, Contingent Consideration, Liability	[1]	2,810	2,108
Deferred Compensation Plan [Member]
Marketable securities - deferred compensation plan		2,212	2,397
Deferred Compensation Plan [Member] | Fair Value, Inputs, Level 1 [Member]
Marketable securities - deferred compensation plan		2,212	2,397
Deferred Compensation Plan [Member] | Fair Value, Inputs, Level 2 [Member]
Marketable securities - deferred compensation plan
Deferred Compensation Plan [Member] | Fair Value, Inputs, Level 3 [Member]
Marketable securities - deferred compensation plan
[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
	Sep. 30, 2017	Sep. 30, 2016
Selling Expense	$ 5.9	$ 5

Note 5 - Inventories - Summary

Note 5 - Inventories - Summary of Inventories (Details) - USD ($) $ in Thousands	Sep. 30, 2017	Jun. 30, 2017
Raw materials	$ 54,043	$ 53,313
Work in process	31,759	28,110
Finished goods	37,564	37,978
Total	$ 123,366	$ 119,401

Note 6 - Goodwill - Changes to

Note 6 - Goodwill - Changes to Goodwill (Details) $ in Thousands	3 Months Ended
	Sep. 30, 2017USD ($)
Beginning balance, goodwill	$ 242,690
Acquisition	4,948
Translation Adjustment	919
Ending balance, goodwill	248,557
Food Service Equipment Group [Member]
Beginning balance, goodwill	63,464
Acquisition
Translation Adjustment
Ending balance, goodwill	63,464
Engraving Group [Member]
Beginning balance, goodwill	20,000
Acquisition	6,218
Translation Adjustment	238
Ending balance, goodwill	26,456
Engineering Technologies Group [Member]
Beginning balance, goodwill	44,120
Acquisition
Translation Adjustment	263
Ending balance, goodwill	44,383
Electronics Products Group [Member]
Beginning balance, goodwill	112,047
Acquisition	(1,270)
Translation Adjustment	418
Ending balance, goodwill	111,195
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
	Sep. 30, 2017	Sep. 30, 2016
Amortization of Intangible Assets	$ 2.2	$ 0.9
Finite-Lived Intangible Assets, Amortization Expense, Remainder of Fiscal Year	7
Finite-Lived Intangible Assets, Amortization Expense, Year Two	9
Finite-Lived Intangible Assets, Amortization Expense, Year Three	8.4
Finite-Lived Intangible Assets, Amortization Expense, Year Four	7.9
Finite-Lived Intangible Assets, Amortization Expense, Year Five	7.4
Finite-Lived Intangible Assets, Amortization Expense, after Year Five	$ 44.5

Note 7 - Intangible Assets - Su

Note 7 - Intangible Assets - Summary of Intangible Assets (Details) - USD ($) $ in Thousands	Sep. 30, 2017	Jun. 30, 2017
Cost	$ 139,669	$ 135,051
Accumulated amortization	(35,268)	(32,548)
Intangible assets, net	104,401	102,503
Trademarks [Member]
Cost	20,413	18,715
Accumulated amortization
Intangible assets, net	20,413	18,715
Customer Relationships [Member]
Cost	66,868	64,247
Accumulated amortization	(30,083)	(28,764)
Intangible assets, net	36,785	35,483
Acquired Technology [Member]
Cost	47,533	47,586
Accumulated amortization	(1,855)	(826)
Intangible assets, net	45,678	46,760
Other Intangible Assets [Member]
Cost	4,855	4,503
Accumulated amortization	(3,330)	(2,958)
Intangible assets, net	$ 1,525	$ 1,545

Note 8 - Warranties - Changes i

Note 8 - Warranties - Changes in Warranty Reserve (Details) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Sep. 30, 2017	Jun. 30, 2017
Balance at beginning of year	$ 9,243	$ 9,085
Acquisitions and other	8	301
Warranty expense	1,570	9,203
Warranty claims	(1,350)	(9,346)
Balance at end of period	$ 9,471	$ 9,243

Note 9 - Debt (Details Textual)

Note 9 - Debt (Details Textual) - USD ($) $ in Millions	12 Months Ended
	Jun. 30, 2015	Sep. 30, 2017
Amended and Restated Credit Agreement [Member]
Debt Instrument, Term	5 years
Line of Credit Facility, Maximum Borrowing Capacity	$ 400	$ 176.9
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		$ 8.9

Note 9 - Debt - Long-term Debt

Note 9 - Debt - Long-term Debt (Details) - USD ($) $ in Thousands	Sep. 30, 2017	Jun. 30, 2017
Funded debt	$ 206,332	$ 192,506
Issuance Cost	(436)	(530)
Total long-term debt	205,896	191,976
Line of Credit [Member]
Funded debt	205,500	192,500
Other Funded Debt [Member]
Funded debt	$ 832	$ 6

Note 9 - Debt - Maturities of L

Note 9 - Debt - Maturities of Long-term Debt (Details) - USD ($) $ in Thousands	Sep. 30, 2017	Jun. 30, 2017
2,018	$ 199
2,019	109
2,020	205,612
2,021	114
2,022	117
Thereafter	181
Total Debt	206,332	$ 192,506
Issuance Cost	(436)	(530)
Debt net of issuance cost	$ 205,896	$ 191,976

Note 10 - Derivative Financia57

Note 10 - Derivative Financial Instruments (Details Textual) - USD ($) $ in Thousands	3 Months Ended
	Sep. 30, 2017	Jun. 30, 2017
Derivative Instruments, Loss Recognized in Income, Ineffective Portion and Amount Excluded from Effectiveness Testing	$ 0
Interest Rate Swap [Member]
Derivative, Notional Amount	$ 100,000
Derivative, Average Fixed Interest Rate	1.60%
Foreign Exchange Contract [Member]
Outstanding Forward Contracts, Net Unrealized Gain (Loss)	$ 2,300	$ (2,800)

Note 10 - Derivative Financia58

Note 10 - Derivative Financial Instruments - Fair Value of Swaps Recognized in Accrued Liabilities and in Other Comprehensive Income (Loss) (Details) - USD ($) $ in Thousands	3 Months Ended
	Sep. 30, 2017	Jun. 30, 2017
Fair Value, Asset	$ 113
Fair Value, Liability		$ (181)
Interest Rate Swap Effective December 19, 2014 Number One [Member]
Notional Amount	$ 20,000
Fixed Rate	1.18%
Maturity	Dec. 19, 2017
Fair Value, Asset	$ 4	8
Interest Rate Swap Effective December 19, 2014 Number Two [Member]
Notional Amount	$ 5,000
Fixed Rate	1.20%
Maturity	Dec. 19, 2017
Fair Value, Asset	$ (1)	1
Interest Rate Swap Effective December 18, 2015 [Member]
Notional Amount	$ 15,000
Fixed Rate	1.46%
Maturity	Dec. 19, 2018
Fair Value, Liability	$ 5	(1)
Interest Rate Swap Effective December 19, 2015 [Member]
Notional Amount	$ 10,000
Fixed Rate	2.01%
Maturity	Dec. 19, 2019
Fair Value, Asset	$ 83
Fair Value, Liability		(106)
Interest Rate Swap Effective May 24, 2017 Number One [Member]
Notional Amount	$ 25,000
Fixed Rate	1.88%
Maturity	Apr. 24, 2022
Fair Value, Asset	$ 35
Fair Value, Liability		(60)
Interest Rate Swap Effective May 24, 2017 Number Two [Member]
Notional Amount	$ 25,000
Fixed Rate	1.67%
Maturity	May 24, 2020
Fair Value, Liability	$ (13)	$ (23)

Note 10 - Derivative Financia59

Note 10 - Derivative Financial Instruments - Foreign Currency Exchange Contracts (Details) - Foreign Exchange Contract [Member] € in Thousands, £ in Thousands, MXN in Millions, CAD in Millions, $ in Millions	Sep. 30, 2017USD ($)	Sep. 30, 2017CAD	Sep. 30, 2017GBP (£)	Sep. 30, 2017EUR (€)	Sep. 30, 2017MXN	Jun. 30, 2017USD ($)	Jun. 30, 2017CAD	Jun. 30, 2017GBP (£)	Jun. 30, 2017EUR (€)	Jun. 30, 2017MXN
United States of America, Dollars
Derivative, Notional Amount | $	$ 69					$ 73
Euro Member Countries, Euro
Derivative, Notional Amount | €				€ 21,323					€ 21,335
United Kingdom, Pounds
Derivative, Notional Amount | £			£ 6,750					£ 6,962
Mexico, Pesos
Derivative, Notional Amount | MXN					MXN 54					MXN 54
Canada, Dollars
Derivative, Notional Amount | CAD		CAD 20.6					CAD 20.6

Note 10 - Derivative Financia60

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	Sep. 30, 2017	Jun. 30, 2017
Other Assets [Member]
Unrealized gain (loss)	$ 1,549
Other Assets [Member] | Interest Rate Swap [Member]
Unrealized gain (loss)	113
Other Assets [Member] | Foreign Exchange Contract [Member]
Unrealized gain (loss)	1,436
Other Liabilities [Member]
Liability	3,729	3,014
Other Liabilities [Member] | Interest Rate Swap [Member]
Liability		181
Other Liabilities [Member] | Foreign Exchange Contract [Member]
Liability	$ 3,729	$ 2,833

Note 10 - Derivative Financia61

Note 10 - Derivative Financial Instruments - Gain (Loss) Recognized in Comprehensive Income on Derivative Financial Instruments (Details) - USD ($) $ in Thousands	3 Months Ended
	Sep. 30, 2017	Sep. 30, 2016
Unrealized gain (loss)	$ 774	$ 61
Interest Rate Swap [Member]
Unrealized gain (loss)	286	163
Foreign Exchange Contract [Member]
Unrealized gain (loss)	$ 488	$ (102)

Note 10 - Derivative Financia62

Note 10 - Derivative Financial Instruments - Details About Accumulated Other Comprehensive Income (Loss) Components (Details) - USD ($) $ in Thousands	3 Months Ended
	Sep. 30, 2017	Sep. 30, 2016
Accumulated other comprehensive income (loss) component	$ 151	$ 221
Interest Rate Swap [Member] | Interest Expense [Member]
Accumulated other comprehensive income (loss) component	151	119
Foreign Exchange Contract [Member] | Cost of Sales [Member]
Accumulated other comprehensive income (loss) component		$ 102

Note 11 - Retirement Benefits63

Note 11 - Retirement Benefits (Details Textual) - USD ($) $ in Millions	3 Months Ended
	Sep. 30, 2017	Sep. 30, 2016
UNITED KINGDOM | Foreign Plan [Member]
Defined Benefit Plan, Expected Future Employer Contributions, Remainder of Fiscal Year	$ 0.8
UNITED STATES | Domestic Plan [Member]
Defined Benefit Plan, Expected Future Employer Contributions, Remainder of Fiscal Year	0.2
GERMANY | Foreign Plan [Member]
Defined Benefit Plan, Expected Future Employer Contributions, Remainder of Fiscal Year	0.3
Pension Plan [Member]
Defined Benefit Plan, Expected Future Employer Contributions, Remainder of Fiscal Year	1.4
Defined Benefit Plan, Plan Assets, Contributions by Employer	$ 0.3	$ 0.2

Note 11 - Retirement Benefits -

Note 11 - Retirement Benefits - Components of Net Periodic Benefit Cost (Details) - USD ($) $ in Thousands	3 Months Ended
	Sep. 30, 2017	Sep. 30, 2016
Domestic Plan [Member]
Service cost	$ 1	$ 1
Interest cost	2,520	2,613
Expected return on plan assets	(3,354)	(3,440)
Recognized net actuarial loss	1,145	1,190
Amortization of prior service cost
Net periodic benefit cost	312	364
Foreign Plan [Member]
Service cost	9	9
Interest cost	254	264
Expected return on plan assets	(231)	(297)
Recognized net actuarial loss	229	262
Amortization of prior service cost	(8)	(12)
Net periodic benefit cost	$ 253	$ 226

Note 12 - Income Taxes (Details

Note 12 - Income Taxes (Details Textual)	3 Months Ended
	Sep. 30, 2017	Sep. 30, 2016
Effective Income Tax Rate Reconciliation, Percent	26.40%	26.50%

Note 13 - Earnings Per Share (D

Note 13 - Earnings Per Share (Details Textual) - shares	3 Months Ended
	Sep. 30, 2017	Sep. 30, 2016
Employee Stock Option [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	0	0
Performance Shares [Member]
Share-based Compensation Awards Excluded from Computation of Earnings Per Share Amount	54,893	29,607

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
	Sep. 30, 2017	Sep. 30, 2016
Basic - Average shares outstanding (in shares)	12,676	12,674
Unvested, restricted stock awards (in shares)	92	120
Diluted - Average shares outstanding (in shares)	12,768	12,794

Note 14 - Comprehensive Incom68

Note 14 - Comprehensive Income (Loss) - Components of Accumulated Other Comprehensive Income (Loss) (Details) - USD ($) $ in Thousands	Sep. 30, 2017	Jun. 30, 2017
Foreign currency translation adjustment	$ (21,693)	$ (25,107)
Unrealized pension losses, net of tax	(85,957)	(86,646)
Unrealized losses on derivative instruments, net of tax	(3,405)	(4,185)
Total	$ (111,055)	$ (115,938)

Note 16 - Industry Segment In69

Note 16 - Industry Segment Information (Details Textual)	3 Months Ended
	Sep. 30, 2017
Number of Reportable Segments	5
Food Service Equipment Group [Member]
Number of Operating Segments	8

Note 16 - Industry Segment In70

Note 16 - Industry Segment Information - Net Sales and Income (Loss) by Industry Segments (Details) - USD ($) $ in Thousands	3 Months Ended
	Sep. 30, 2017	Sep. 30, 2016
Net sales	$ 214,379	$ 179,600
Income from operations	20,146	19,770
Restructuring costs	(3,004)	(394)
Acquisition-related costs	(1,005)
Interest expense	(1,721)	(697)
Other non-operating income	604	434
Income from continuing operations before income taxes	19,029	19,507
Food Service Equipment Group [Member]
Net sales	103,064	92,651
Income from operations	10,424	9,488
Restructuring costs	(1,262)	(87)
Engraving Group [Member]
Net sales	32,829	26,730
Income from operations	7,420	7,398
Restructuring costs	(809)	(6)
Engineering Technologies Group [Member]
Net sales	20,267	18,721
Income from operations	1,167	1,496
Restructuring costs	(766)	(185)
Electronics Products Group [Member]
Net sales	46,816	30,651
Income from operations	10,236	6,473
Restructuring costs	(158)	(109)
Hydraulics Products Group [Member]
Net sales	11,403	10,847
Income from operations	1,851	2,129
Restructuring costs
Corporate and Other [Member]
Income from operations	(6,943)	(6,820)
Restructuring costs	$ (9)	$ (7)

Note 16 - Industry Segment In71

Note 16 - Industry Segment Information - Assets by Industry Segments (Details) - USD ($) $ in Thousands	Sep. 30, 2017	Jun. 30, 2017
Assets	$ 879,940	$ 867,676
Food Service Equipment Group [Member]
Assets	250,595	243,414
Engraving Group [Member]
Assets	138,265	115,664
Engineering Technologies Group [Member]
Assets	146,715	150,805
Electronics Products Group [Member]
Assets	284,201	292,776
Hydraulics Products Group [Member]
Assets	22,761	21,405
Corporate and Other [Member]
Assets	$ 37,403	$ 43,612

Note 17 - Restructuring (Detail

Note 17 - Restructuring (Details Textual) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2017	Sep. 30, 2016	Jun. 30, 2018
Restructuring Costs	$ 3,004	$ 394
Minimum [Member] | Scenario, Forecast [Member]
Restructuring Costs			$ 5,000
Maximum [Member] | Scenario, Forecast [Member]
Restructuring Costs			$ 6,000
Severance and Non-cash Lease Impairment Costs [Member]
Restructuring Costs	$ 3,000	$ 400

Note 17 - Restructuring - Summa

Note 17 - Restructuring - Summary of Severance, Restructuring, and Related Charges by Initiative (Details) - USD ($) $ in Thousands	3 Months Ended
	Sep. 30, 2017	Sep. 30, 2016
Restructuring charges	$ 3,004	$ 394
Involuntary Employee Severance And Benefit Costs [Member]
Restructuring charges	1,724	29
Other Restructuring [Member]
Restructuring charges	1,280	365
Current Year Restructuring Initiatives [Member]
Restructuring charges	2,229	306
Current Year Restructuring Initiatives [Member] | Involuntary Employee Severance And Benefit Costs [Member]
Restructuring charges	1,682	23
Current Year Restructuring Initiatives [Member] | Other Restructuring [Member]
Restructuring charges	547	283
Prior Year Initiatives [Member]
Restructuring charges	775	88
Prior Year Initiatives [Member] | Involuntary Employee Severance And Benefit Costs [Member]
Restructuring charges	42	6
Prior Year Initiatives [Member] | Other Restructuring [Member]
Restructuring charges	$ 733	$ 82

Note 17 - Restructuring - Sum74

Note 17 - Restructuring - Summary of Activity in Reserves Related to Restructuring Initiatives (Details) $ in Thousands	3 Months Ended
	Sep. 30, 2017USD ($)
Current Year Restructuring Initiatives [Member]
Restructuring liabilities
Additions and adjustments	2,229
Payments	(1,823)
Restructuring liabilities	406
Prior Year Initiatives [Member]
Restructuring liabilities	1,744
Additions and adjustments	794
Payments	(2,194)
Restructuring liabilities	344
Involuntary Employee Severance And Benefit Costs [Member] | Current Year Restructuring Initiatives [Member]
Restructuring liabilities
Additions and adjustments	1,682
Payments	(1,276)
Restructuring liabilities	406
Involuntary Employee Severance And Benefit Costs [Member] | Prior Year Initiatives [Member]
Restructuring liabilities	506
Additions and adjustments	42
Payments	(532)
Restructuring liabilities	16
Other Restructuring [Member] | Current Year Restructuring Initiatives [Member]
Restructuring liabilities
Additions and adjustments	547
Payments	(547)
Restructuring liabilities
Other Restructuring [Member] | Prior Year Initiatives [Member]
Restructuring liabilities	1,238
Additions and adjustments	752
Payments	(1,662)
Restructuring liabilities	$ 328

Note 17 - Restructuring - Sum75

Note 17 - Restructuring - Summary of Restructuring Expenses by Segment (Details) - USD ($) $ in Thousands	3 Months Ended
	Sep. 30, 2017	Sep. 30, 2016
Restructuring charges	$ 3,004	$ 394
Involuntary Employee Severance And Benefit Costs [Member]
Restructuring charges	1,724	29
Other Restructuring [Member]
Restructuring charges	1,280	365
Food Service Equipment Group [Member]
Restructuring charges	1,262	87
Food Service Equipment Group [Member] | Involuntary Employee Severance And Benefit Costs [Member]
Restructuring charges	835	12
Food Service Equipment Group [Member] | Other Restructuring [Member]
Restructuring charges	427	75
Engraving Group [Member]
Restructuring charges	809	6
Engraving Group [Member] | Involuntary Employee Severance And Benefit Costs [Member]
Restructuring charges	715	6
Engraving Group [Member] | Other Restructuring [Member]
Restructuring charges	94
Engineering Technologies Group [Member]
Restructuring charges	766	185
Engineering Technologies Group [Member] | Involuntary Employee Severance And Benefit Costs [Member]
Restructuring charges	42
Engineering Technologies Group [Member] | Other Restructuring [Member]
Restructuring charges	724	185
Electronics Products Group [Member]
Restructuring charges	158	109
Electronics Products Group [Member] | Involuntary Employee Severance And Benefit Costs [Member]
Restructuring charges	132	11
Electronics Products Group [Member] | Other Restructuring [Member]
Restructuring charges	26	98
Hydraulics Products Group [Member]
Restructuring charges
Hydraulics Products Group [Member] | Involuntary Employee Severance And Benefit Costs [Member]
Restructuring charges
Hydraulics Products Group [Member] | Other Restructuring [Member]
Restructuring charges
Corporate and Other [Member]
Restructuring charges	9	7
Corporate and Other [Member] | Involuntary Employee Severance And Benefit Costs [Member]
Restructuring charges
Corporate and Other [Member] | Other Restructuring [Member]
Restructuring charges	$ 9	$ 7