Standex International (SXI) 10-Q 30 Jan 18 2018 Q2 Quarterly report Financial data

Document And Entity Information

Document And Entity Information - shares	6 Months Ended
	Dec. 31, 2017	Jan. 24, 2018
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)		12,829,489
Document Type	10-Q
Document Period End Date	Dec. 31, 2017
Document Fiscal Year Focus	2,018
Document Fiscal Period Focus	Q2
Amendment Flag	false

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($) $ in Thousands	Dec. 31, 2017	Jun. 30, 2017
Current Assets:
Cash and cash equivalents	$ 109,389	$ 88,566
Accounts receivable, net of reserve for doubtful accounts of $2,946 and $2,406 at December 31, 2017 and June 30, 2017	131,584	127,060
Inventories	130,715	119,401
Prepaid expenses and other current assets	9,604	8,397
Income taxes receivable	1,012	2,469
Deferred tax asset		14,991
Total current assets	382,304	360,884
Property, plant, and equipment, net	144,610	133,160
Intangible assets, net	102,216	102,503
Goodwill	249,685	242,690
Deferred tax asset	10,699	1,135
Other non-current assets	27,156	27,304
Total non-current assets	534,366	506,792
Total assets	916,670	867,676
Current Liabilities:
Accounts payable	93,049	96,487
Accrued liabilities	63,985	58,694
Income taxes payable	6,685	4,783
Total current liabilities	163,719	159,964
Long-term debt	216,157	191,976
Accrued pension and other non-current liabilities	115,862	107,072
Total non-current liabilities	332,019	299,048
Stockholders' equity:
Common stock, par value $1.50 per share, 60,000,000 shares authorized, 27,984,278 issued, 12,709,238 and 12,662,661 outstanding at December 31, 2017 and June 30, 2017	41,976	41,976
Additional paid-in capital	59,016	56,783
Retained earnings	723,435	716,605
Accumulated other comprehensive loss	(112,075)	(115,938)
Treasury shares: 15,275,040 shares at December 31, 2017 and 15,321,617 shares at June 30, 2017	(291,420)	(290,762)
Total stockholders' equity	420,932	408,664
Total liabilities and stockholders' equity	$ 916,670	$ 867,676

Condensed Consolidated Balance3

Condensed Consolidated Balance Sheets (Current Period Unaudited) (Parentheticals) - USD ($) shares in Thousands, $ in Thousands	Dec. 31, 2017	Jun. 30, 2017
Reserve for doubtful accounts	$ 2,946	$ 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)	12,709,238	12,662,661
Treasury shares, shares (in shares)	15,275,040	15,321,617

Unaudited Condensed Consolidate

Unaudited Condensed Consolidated Statements of Operations - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2017	Dec. 31, 2016
Net sales	$ 209,751	$ 173,854	$ 424,130	$ 353,454
Cost of sales	138,225	116,960	278,423	234,784
Gross profit	71,526	56,894	145,707	118,670
Selling, general, and administrative expenses	50,679	40,493	100,705	82,105
Acquisition related costs	703	1,503	1,708	1,503
Restructuring costs	1,966	1,664	4,970	2,058
Total operating expenses	53,348	43,660	107,383	85,666
Income from operations	18,178	13,234	38,324	33,004
Interest expense	(1,793)	(850)	(3,514)	(1,547)
Other non-operating income, net	453	332	1,057	766
Income from continuing operations before income taxes	16,838	12,716	35,867	32,223
Provision for income taxes	19,642	2,274	24,672	7,437
Net income (loss) from continuing operations	(2,804)	10,442	11,195	24,786
Income (loss) from discontinued operations, net of income taxes	(3)	6	(2)	(44)
Net income (loss)	$ (2,807)	$ 10,448	$ 11,193	$ 24,742
Basic earnings per share:
Continuing operations (in dollars per share)	$ (0.22)	$ 0.82	$ 0.88	$ 1.96
Discontinued operations (in dollars per share)
Total (in dollars per share)	(0.22)	0.82	0.88	1.96
Diluted earnings per share:
Continuing operations (in dollars per share)	(0.22)	0.82	0.88	1.94
Discontinued operations (in dollars per share)
Total (in dollars per share)	(0.22)	0.82	0.88	1.94
Cash dividends per share (in dollars per share)	$ 0.18	$ 0.16	$ 0.34	$ 0.30

Unaudited Condensed Consolidat5

Unaudited Condensed Consolidated Statements of Comprehensive Income - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2017	Dec. 31, 2016
Net income	$ (2,807)	$ 10,448	$ 11,193	$ 24,742
Other comprehensive income (loss):
Actuarial gains (losses) and other changes in unrecognized costs	(88)	516	(338)	631
Amortization of unrecognized costs	1,370	1,427	2,736	2,867
Change in unrealized gains (losses)	(2,351)	493	(1,577)	554
Foreign currency translation gains (losses)	(956)	(10,441)	2,455	(11,607)
Other comprehensive income (loss) before tax	(1,112)	(7,922)	4,340	(7,251)
Actuarial gains (losses) and other changes in unrecognized costs	425	(224)	477	(134)
Amortization of unrecognized costs	(327)	(502)	(805)	(1,008)
Change in unrealized gains and (losses)	5	(188)	(104)	(211)
Income tax provision (benefit) to other comprehensive income (loss)	95	(946)	(476)	(1,469)
Other comprehensive gain (loss), net of tax	(1,017)	(8,868)	3,864	(8,720)
Comprehensive income (loss)	(3,824)	1,580	15,057	16,022
Interest Expense [Member]
Other comprehensive income (loss):
Amortization of unrealized gains and (losses)	913	83	1,064	304
Amortization of unrealized gains and (losses)	$ (8)	$ (32)	$ (44)	$ (116)

Unaudited Condensed Consolidat6

Unaudited Condensed Consolidated Statements of Cash Flows - USD ($) $ in Thousands	6 Months Ended
	Dec. 31, 2017	Dec. 31, 2016
Cash flows from operating activities
Net income	$ 11,193	$ 24,742
Income from discontinued operations	2	44
Income from continuing operations	11,195	24,786
Adjustments to reconcile net income to net cash provided by (used in) operating activities:
Depreciation and amortization	14,052	9,044
Stock-based compensation	2,877	2,843
Non-cash portion of restructuring charge	664	42
Contributions to defined benefit plans	(530)	(624)
Net changes in operating assets and liabilities	(2,592)	(15,248)
Net cash provided by operating activities - continuing operations	25,666	20,843
Net cash (used in) operating activities - discontinued operations	(45)	(227)
Net cash provided by operating activities	25,621	20,616
Cash flows from investing activities
Expenditures for property, plant, and equipment	(15,683)	(13,029)
Expenditures for acquisitions, net of cash acquired	(10,397)	(24,660)
Proceeds from life insurance policies	2,217	24
Other investing activity	1,093	652
Net cash (used in) investing activities	(22,770)	(37,013)
Cash flows from financing activities
Borrowings on revolving credit facility	108,500	73,000
Payments of revolving credit facility	(87,288)	(41,000)
Activity under share-based payment plans	622	618
Purchases of treasury stock	(1,924)	(6,905)
Cash dividends paid	(4,312)	(3,798)
Net cash provided by financing activities	15,598	21,915
Effect of exchange rate changes on cash and cash equivalents	2,374	(6,205)
Net change in cash and cash equivalents	20,823	(687)
Cash and cash equivalents at beginning of year	88,566	121,988
Cash and cash equivalents at end of period	109,389	121,301
Supplemental Disclosure of Cash Flow Information:
Interest	2,951	1,272
Income taxes, net of refunds	$ 8,077	$ 9,207

Note 1 - Management Statement

Note 1 - Management Statement	6 Months Ended
	Dec. 31, 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 and six December 31, 2017 2016, six December 31, 2017 2016 December 31, 2017. not not not June 30, 2017. June 30, 2017 not 10 June 30, 2017. On December 22, 2017, (the “Act”) was passed which resulted in the Company recording provisional estimates related to foreign earnings and changes in the revaluation of deferred taxes in our consolidated financial statements. Other changes implemented by the Act will not June 30, 2019. no 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 As required, the fiscal results for the three six December 31, 2016 $0.2 $0.6 three six December 31, 2016. Recently Issued Accounting Pronouncements In May 2014, No. 2014 09, Revenue from Contracts with Customers No. 2014 09, In early 2016, No. 2016 10, 2016 11 2016 12. The Company anticipates it will adopt Topic 606 not The C ompany has established a global steering committee with a project plan to analyze the impact of this standard. The assessment phase of the project plan is on-going and includes identifying the various revenue streams, initiating contract reviews and reviewing current accounting policies and practices to identify potential differences that would result from the application of the standard. This assessment includes ( 1 2 3 may 4 5 not 606, July 1, 2018. not In November 2015, 2015 17, Income Taxes (Topic 740 December 15, 2016, 2015 17 December 31, 2017, not June 30, 2017. no 2015 17. In February 2016, 2016 02, Leases (Topic 842 2016 02 twelve not 2016 02 December 15, 2018. not 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 In August 2017, 2017 12, Derivatives and Hedging (Topic 815 December 15, 2018 ( 2020 2017 12

Note 2 - Acquisitions

Note 2 - Acquisitions	6 Months Ended
	Dec. 31, 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 December 31, 2017, Piazza Rosa Group During the first 2018, the 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 $1.2 $5.1 not The components of the fair value of the Piazza Rosa Group acquisition, including the preliminary allocation of the purchase price at December 31, 2017, Preliminary Allocation Adjustments Adjusted Allocation September 30, 2017 December 31, 2017 Fair value of business combination: Cash payments $ 12,889 $ - $ 12,889 Less: cash paid to satisfy acquired debt (2,833 ) - (2,833 ) Total $ 10,056 $ - $ 10,056 Identifiable assets acquired and liabilities assumed: Other acquired assets $ 2,678 $ 1,176 $ 3,854 Inventories 637 (2 ) 635 Property, plant, and equipment 5,005 - 5,005 Identifiable intangible assets 4,087 (1 ) 4,086 Goodwill 6,218 (1,155 ) 5,063 Liabilities assumed (7,387 ) - (7,387 ) Deferred taxes (1,182 ) (18 ) (1,200 ) Total $ 10,056 $ - $ 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% The preliminary purchase price was allocated to the net tangible and identifiable intangible assets acquired and liabilities assumed based on their fair values on the closing date. Goodwill recorded from this transaction is attributable to potential revenue increases from enhanced access to our Asian markets and synergies created from the vertical integration with a key supplier. Intangible assets of $ 51.4 $47.8 10 20 $3.4 fifteen $0.2 2017. $3.2 $1.9 $2.3 $0.2 $0.1 2017. $79.2 not The components of the fair value of the Standex Electronics Japan acquisition, including the allocation of the purchase price at December 31, 2017, Preliminary Allocation Adjustments Adjusted Allocation March 31, 2017 December 31 , 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 $ (2,158 ) $ 10,339 Inventories 7,387 816 8,203 Property, plant, and equipment 12,703 5,750 18,453 Identifiable intangible assets 53,800 (2,400 ) 51,400 Goodwill 75,985 3,202 79,187 Liabilities assumed (10,811 ) (8,468 ) (19,279 ) Deferred taxes (22,406 ) 3,258 (19,148 ) 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 following table reflects the unaudited pro forma operating results of the Company for the three six December 31, 2017 2016, not may not not (Unaudited Pro Forma) (Unaudited Pro Forma) Three Months ended December 31, Six Months Ended December 31, In thousands 2017 2016 2017 2016 Net Sales $ 209,751 $ 189,796 $ 424,130 $ 387,060 Net Income $ (2,804 ) $ 12,217 $ 11,020 $ 27,134 Earnings per share: Basic $ (0.22 ) $ 0.97 $ 0.87 $ 2.14 Diluted $ (0.22 ) $ 0.96 $ 0.86 $ 2.12 Pro forma earnings during six December 31, 2017 first $0.2 Pro forma earnings during the three December 31, 2016 $0.7 $0.3 $0.4 $0.2 Pro forma earnings during the six December 31, 2016 tax-affected expense of $1.4 $0.6 $0.7 $0.2 Horizon Scientific During the second 2017, We believe the acquisition of Horizon Scientific enhances Standex’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 $ 25.0 100% $0.3 first 2018 $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 , are as follows (in thousands): 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 and six December 31, 2017, $0.7 $1.4 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 Six Months Ended December 31, December 31, 2017 2016 2017 2016 Deferred compensation arrangements $ 703 $ 703 $ 1,405 $ 703 Acquisition-related costs - 800 303 800 Total $ 703 $ 1,503 $ 1,708 $ 1,503

Note 3 - Fair Value Measurement

Note 3 - Fair Value Measurements	6 Months Ended
	Dec. 31, 2017
Notes to Financial Statements
Fair Value Disclosures [Text Block]	3 ) 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 December 31, 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 December 31, 2017 June 30, 2017 December 31 , 201 7 Total Level 1 Level 2 Level 3 Assets Marketable securities - deferred compensation plan $ 2,398 $ 2,398 $ - $ - Foreign exchange contracts 1,108 - 1,108 - Interest rate swaps 469 - 469 - Liabilities Foreign exchange contracts $ 6,235 $ - $ 6,235 $ - Interest rate swaps 13 - 13 - Contingent acquisition payments (a) 3,513 - - 3,513 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 We are contractually obligated to pay contingent consideration payments based on the criteria of continued employment of the seller on the second third Contingent acquisition payment liabilities are scheduled to be paid in periods through fiscal year 2020. As of December 31, 2017, $8.4 not 3 December 31, 2017,

Note 4 - Inventories

Note 4 - Inventories	6 Months Ended
	Dec. 31, 2017
Notes to Financial Statements
Inventory Disclosure [Text Block]	4 ) Inventories Inventories are comprised of the following (in thousands): December 31 , 201 7 June 30, 201 7 Raw materials $ 59,175 $ 53,313 Work in process 35,093 28,110 Finished goods 36,447 37,978 Total $ 130,715 $ 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 $ 5.5 $11.5 three six December 31, 2017, $4.6 $9.6 three six December 31, 2016,

Note 5 - Goodwill

Note 5 - Goodwill	6 Months Ended
	Dec. 31, 2017
Notes to Financial Statements
Goodwill Disclosure [Text Block]	5 ) Goodwill Changes to goodwill during the period ended December 31, 2017 June 30, 2017 Acquisitions Translation Adjustment December 31 , 2017 Food Service Equipment $ 63,464 $ - $ - $ 63,464 Engraving 20,000 5,063 286 25,349 Engineering Technologies 44,120 - 342 44,462 Electronics 112,047 286 1,018 113,351 Hydraulics 3,059 - - 3,059 Total $ 242,690 $ 5,349 $ 1,647 $ 249,685

Note 6 - Intangible Assets

Note 6 - Intangible Assets	6 Months Ended
	Dec. 31, 2017
Notes to Financial Statements
Intangible Assets Disclosure [Text Block]	6 ) Intangible Assets Intangible assets consist of the following (in thousands): Tradenames Customer Relationships (Indefinite- lived) Developed Technology Other Total December 31 , 2017 Cost $ 67,095 $ 20,515 $ 47,426 $ 4,908 $ 139,944 Accumulated amortization (31,450 ) - (2,776 ) (3,502 ) (37,728 ) Balance, December 31, 2017 $ 35,645 $ 20,515 $ 44,650 $ 1,406 $ 102,216 June 30, 2017 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 December 31, 2017 2016 2.3 $1.1 six December 31, 2017 2016 $4.5 $2.0 December 31, 2017, $4.6 2018, $9.0 2019, $8.4 2020, $7.9 2021, $7.4 2022 $44.4

Note 7 - Warranties

Note 7 - Warranties	6 Months Ended
	Dec. 31, 2017
Notes to Financial Statements
Product Warranty Disclosure [Text Block]	7 ) 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, as of December 31, 2017 June 30, 2017 December 31 , 201 7 June 30, 201 7 Balance at beginning of year $ 9,243 $ 9,085 Acquisitions and other 8 301 Warranty expense 4,775 9,203 Warranty claims (4,709 ) (9,346 ) Balance at end of period $ 9,317 $ 9,243

Note 8 - Debt

Note 8 - Debt	6 Months Ended
	Dec. 31, 2017
Notes to Financial Statements
Debt Disclosure [Text Block]	8 ) Debt Long-term debt is comprised of the following (in thousands): December 31 , 201 7 June 30, 201 7 Bank credit agreements $ 216,500 $ 192,500 Other - 6 Total funded debt 216,500 192,506 Issuance Cost (343 ) (530 ) Total long-term debt $ 216,157 $ 191,976 T he Company’s debt payments are due as follows (in thousands): Fiscal Year December 31 , 201 7 2018 $ - 2019 - 2020 216,500 2021 - 202 2 - Thereafter - Total Debt 216,500 Issuance cost (343 ) Debt net of issuance cost $ 216,157 Bank Credit Agreements During fiscal year 2015, five December 2019 $400 $100 $10 $30 At December 31, 2017, $8.9 $172.0 December 31, 2017,

Note 9 - Derivative Financial I

Note 9 - Derivative Financial Instruments	6 Months Ended
	Dec. 31, 2017
Notes to Financial Statements
Derivative Instruments and Hedging Activities Disclosure [Text Block]	9 ) Derivative Financial Instruments Interest Rate Swaps From time to time as dictated by market opportunities, the Company enters into interest rate swap agreements designed to manage exposure to interest rates on the Company’s variable rate indebtedness. The Company recognizes all derivatives on its balance sheet at fair value. The Company has designated its interest rate swap agreements, including those that are forward-dated, as cash flow hedges, and changes in the fair value of the swaps are recognized in other comprehensive income until the hedged items are recognized in earnings. Hedge ineffectiveness, if any, associated with the swaps will be reported by the Company in interest expense. The Company ’s effective swap agreements convert the base borrowing rate on $75 1.74% December 31, 2017. Effective Date Notional Amount Fixed Interest Rate Maturity December 31 , 2017 June 30, 2017 December 19, 2014 20,000 1.18% December 19, 2017 $ - $ 8 December 19, 2014 5,000 1.20% December 19, 2017 - 1 December 18, 2015 15,000 1.46% December 19, 2018 43 (1 ) December 19, 2015 10,000 2.01% December 19, 2019 (13 ) (106 ) May 24, 2017 25,000 1.88% April 24, 2022 231 (60 ) May 24, 2017 25,000 1.67% May 24, 2020 195 (23 ) $ 456 $ (181 ) The Company reported no three and six December 31, 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 December 31, 2017 June 30, 2017, 5.1 2.8 2018 2023, Currency December 31 , 201 7 June 30, 201 7 USD 69,000 73,000 Euro 21,312 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 December 31 , 201 7 June 30, 2 01 7 Derivative designated Balance Balance as hedging instruments Sheet Sheet Line Item Fair Value Line Item Fair Value Interest rate swaps Other Assets $ 469 Other Assets $ - Foreign exchange contracts Other Assets 1,108 Other Assets - $ 1,577 $ - Liability Derivatives December 31 , 201 7 June 30, 201 7 Derivative designated Balance Balance as hedging instruments Sheet Sheet Line Item Fair Value Line Item Fair Value Interest rate swaps Accrued Liabilities $ 13 Accrued Liabilities $ 181 Foreign exchange contracts Accrued Liabilities 6,235 Accrued Liabilities 2,833 $ 6,248 $ 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 Six Months Ended December 31, December 31, 2017 2016 2017 2016 Interest rate swaps $ 131 $ 465 $ 417 $ 628 Foreign exchange contracts (2,482 ) 28 (1,994 ) (74 ) $ (2,351 ) $ 493 $ (1,577 ) $ 554 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 2017 2016 2017 2016 of Operations Interest rate swaps $ 913 $ 110 $ 1,064 $ 229 Interest expense Foreign exchange contracts - (27 ) - 75 Cost of Sales $ 913 $ 83 $ 1,064 $ 304

Note 10 - Retirement Benefits

Note 10 - Retirement Benefits	6 Months Ended
	Dec. 31, 2017
Notes to Financial Statements
Pension and Other Postretirement Benefits Disclosure [Text Block]	1 0 ) 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 six December 31 , 2017 2016 U.S. Plans Non-U.S. Plans Three Months Ended Three Months Ended December 31 , December 31 , 201 7 201 6 201 7 201 6 Service cost $ 1 $ 1 $ 9 $ 9 Interest cost 2,520 2,613 259 250 Expected return on plan assets (3,354 ) (3,440 ) (235 ) (282 ) Recognized net actuarial loss 1,145 1,190 234 249 Amortization of prior service cost - - (9 ) (12 ) Net periodic benefit cost $ 312 $ 364 $ 258 $ 214 U.S. Plans Non-U.S. Plans Six Months Ended Six Months Ended December 31, December 31, 2017 2016 2017 2016 Service cost $ 2 $ 2 $ 18 $ 19 Interest cost 5,040 5,226 514 514 Expected return on plan assets (6,707 ) (6,881 ) (466 ) (579 ) Recognized net actuarial loss 2,290 2,381 463 511 Amortization of prior service cost - - (17 ) (24 ) Net periodic benefit cost $ 625 $ 728 $ 512 $ 441 The Company expects to pay $1. 4 2018. $0.3 $0.5 three six December 31, 2017 $0.4 $0.6 three six December 31, 2016, $0.8 2018. $0.2 $0.3

Note 11 - Income Taxes

Note 11 - Income Taxes	6 Months Ended
	Dec. 31, 2017
Notes to Financial Statements
Income Tax Disclosure [Text Block]	1 1 ) Income Taxes On December 22, 2017, 21 .0% January 1, 2018. No. 118. second December 31, 2017: ● The Company has used a blended federal rate of 28 .0% June 30, 2018 2019, 21.0%. ● The Company has discretely recorded a charge of approximately $1.2 December 31, 2017. The Company used an estimate as a result of the blended rate used for the current year. A change in the estimated current year activity will have an impact on the charge recorded. ● The Company has discretely recorded a charge of approximately $13.8 June 30, 2018) eight 2018 not Since these provisions were based on estimates, the Company will continue to measure the impact of these areas and record any changes in subsequent quarters when information and guidance become available. Other law changes implemented by the Act such as the repeal of the Section 199 162 not June 30, 2019. The Company's effective tax rate from continuing operations for the second 2018 116.7% 17.9% 2018 $15 not The Company's effective tax rate from continuing operations for the six December 31, 2017 68.8% 23.1%

Note 12 - Earnings Per Share

Note 12 - Earnings Per Share	6 Months Ended
	Dec. 31, 2017
Notes to Financial Statements
Earnings Per Share [Text Block]	1 2 ) 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 Six Months Ended December 31, December 31, 2017 2016 2017 2016 Basic - Average shares outstanding 12,704 12,659 12,689 12,668 Dilutive effect of unvested, restricted stock awards - 102 89 110 Diluted - Average shares outstanding 12,704 12,761 12,778 12,778 Earnings available to common stockholders are the same for computing both basic and diluted earnings per share. No three and six December 31, 2017 2016, Performance stock units of 40,936 29,607 six December 31, 2017 2016, not

Note 13 - Comprehensive Income

Note 13 - Comprehensive Income (Loss)	6 Months Ended
	Dec. 31, 2017
Notes to Financial Statements
Comprehensive Income (Loss) Note [Text Block]	1 3 ) Comprehensive Income (L oss) The components of the Company ’s accumulated other comprehensive income (loss) are as follows (in thousands): December 31 , 201 7 June 30, 201 7 Foreign currency translation adjustment $ (22,653 ) $ (25,107 ) Unrealized pension losses, net of tax (84,576 ) (86,646 ) Unrealized losses on derivative instruments, net of tax (4,846 ) (4,185 ) Total $ (112,075 ) $ (115,938 )

Note 14 - Contingencies

Note 14 - Contingencies	6 Months Ended
	Dec. 31, 2017
Notes to Financial Statements
Contingencies Disclosure [Text Block]	1 4 ) 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 15 - Industry Segment Info

Note 15 - Industry Segment Information	6 Months Ended
	Dec. 31, 2017
Notes to Financial Statements
Segment Reporting Disclosure [Text Block]	1 5 ) 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, tool finishing, 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 December 31, 2017 2016 Three Months Ended December 31 , Net Sales Income from Operations 201 7 201 6 201 7 201 6 Segment: Food Service Equipment $ 97,222 $ 92,200 $ 7,841 $ 7,206 Engraving 33,879 25,861 6,796 6,510 Engineering Technologies 21,928 18,549 1,529 1,877 Electronics 46,035 28,497 10,221 6,091 Hydraulics 10,687 8,747 1,496 979 Restructuring costs (1,966 ) (1,664 ) Corporate (7,036 ) (6,262 ) Acquisition-related costs (703 ) (1,503 ) Sub-total $ 209,751 $ 173,854 $ 18,178 $ 13,234 Interest expense (1,793 ) (850 ) Other non-operating income 453 332 Income from continuing operations before income taxes $ 16,838 $ 12,716 Six Months Ended December 31, Net Sales Income from Operations 2017 2016 2017 2016 Segment: Food Service Equipment $ 200,287 $ 184,852 $ 18,266 $ 16,694 Engraving 66,708 52,591 14,216 13,907 Engineering Technologies 42,195 37,269 2,695 3,372 Electronics 92,850 59,148 20,457 12,565 Hydraulics 22,090 19,594 3,348 3,108 Restructuring costs (4,970 ) (2,058 ) Acquisition-related costs (1,708 ) (1,503 ) Corporate (13,980 ) (13,081 ) Sub-total $ 424,130 $ 353,454 $ 38,324 $ 33,004 Interest expense (3,514 ) (1,547 ) Other non-operating income 1,057 766 Income from continuing operations before income taxes $ 35,867 $ 32,223 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 December 31, 2017 June 30, 2017 December 31 , 201 7 June 30, 201 7 Food Service Equipment $ 245,688 $ 243,414 Engraving 150,769 115,664 Engineering Technologies 151,908 150,805 Electronics 290,044 292,776 Hydraulics 24,651 21,405 Corporate & Other 53,610 43,612 Total $ 916,670 $ 867,676

Note 16 - Restructuring

Note 16 - Restructuring	6 Months Ended
	Dec. 31, 2017
Notes to Financial Statements
Restructuring and Related Activities Disclosure [Text Block]	1 6 ) 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 Six Months Ended December 31, 2017 December 31, 2017 Fiscal 201 8 Involuntary Employee Severance and Benefit Costs Other Total Involuntary Employee Severance and Benefit Costs Other Total Restructuring initiatives $ 228 $ 1,453 $ 1,681 $ 1,910 $ 2,000 $ 3,910 Prior year initiatives 113 172 285 155 905 1,060 $ 341 $ 1,625 $ 1,966 $ 2,065 $ 2,905 $ 4,970 Three Months Ended Six Months Ended December 31, 2016 December 31, 2016 Fiscal 2017 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 $ 2,058 201 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 six December 31, 2017, 2018 three 1 2 3 Involuntary Employee Severance and Benefit Costs Other Total Restructuring liabilities at June 30 , 2017 $ - $ - $ - Additions and adjustments 2,082 2,002 4,084 Payments (1,624 ) (1,786 ) (3,410 ) Restructuring liabilities at December 31, 2017 $ 458 $ 216 $ 674 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 $ 839 $ 906 $ 1,745 Additions and adjustments 155 906 1,061 Payments (684 ) (1,754 ) (2,438 ) Restructuring liabilities at December 31, 2017 $ 310 $ 58 $ 368 The Company ’s total restructuring expenses by segment are as follows (in thousands): Three Months Ended Six Months Ended December 31, 2017 December 31, 2017 Involuntary Employee Severance and Benefit Costs Other Total Involuntary Employee Severance and Benefit Costs Other Total Food Service Equipment $ 187 $ 1,135 $ 1,322 $ 748 $ 1,561 $ 2,309 Engraving 24 249 273 739 343 1,082 Engineering Technologies 113 156 269 154 880 1,034 Electronics - 57 57 132 84 216 Corporate 17 28 45 292 37 329 $ 341 $ 1,625 $ 1,966 $ 2,065 $ 2,905 $ 4,970 Three Months Ended Six Months Ended December 31, 2016 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 W e incurred severance and other costs of $2.0 $1.7 three December 31, 2017 2016, $5.0 $2.1 six December 31, 2017 2016, $4.0 $5.0 2018.

Note 2 - Acquisitions (Tables)

Note 2 - Acquisitions (Tables)	6 Months Ended
	Dec. 31, 2017
Notes Tables
Business Acquisition, Pro Forma Information [Table Text Block]	(Unaudited Pro Forma) (Unaudited Pro Forma) Three Months ended December 31, Six Months Ended December 31, In thousands 2017 2016 2017 2016 Net Sales $ 209,751 $ 189,796 $ 424,130 $ 387,060 Net Income $ (2,804 ) $ 12,217 $ 11,020 $ 27,134 Earnings per share: Basic $ (0.22 ) $ 0.97 $ 0.87 $ 2.14 Diluted $ (0.22 ) $ 0.96 $ 0.86 $ 2.12
Business Combination, Acquisition Related Costs [Table Text Block]	Three Months Ended Six Months Ended December 31, December 31, 2017 2016 2017 2016 Deferred compensation arrangements $ 703 $ 703 $ 1,405 $ 703 Acquisition-related costs - 800 303 800 Total $ 703 $ 1,503 $ 1,708 $ 1,503
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 Adjustments Adjusted Allocation March 31, 2017 December 31 , 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 $ (2,158 ) $ 10,339 Inventories 7,387 816 8,203 Property, plant, and equipment 12,703 5,750 18,453 Identifiable intangible assets 53,800 (2,400 ) 51,400 Goodwill 75,985 3,202 79,187 Liabilities assumed (10,811 ) (8,468 ) (19,279 ) Deferred taxes (22,406 ) 3,258 (19,148 ) 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 Adjustments Adjusted Allocation September 30, 2017 December 31, 2017 Fair value of business combination: Cash payments $ 12,889 $ - $ 12,889 Less: cash paid to satisfy acquired debt (2,833 ) - (2,833 ) Total $ 10,056 $ - $ 10,056 Identifiable assets acquired and liabilities assumed: Other acquired assets $ 2,678 $ 1,176 $ 3,854 Inventories 637 (2 ) 635 Property, plant, and equipment 5,005 - 5,005 Identifiable intangible assets 4,087 (1 ) 4,086 Goodwill 6,218 (1,155 ) 5,063 Liabilities assumed (7,387 ) - (7,387 ) Deferred taxes (1,182 ) (18 ) (1,200 ) Total $ 10,056 $ - $ 10,056

Note 3 - Fair Value Measureme24

Note 3 - Fair Value Measurements (Tables)	6 Months Ended
	Dec. 31, 2017
Notes Tables
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block]	December 31 , 201 7 Total Level 1 Level 2 Level 3 Assets Marketable securities - deferred compensation plan $ 2,398 $ 2,398 $ - $ - Foreign exchange contracts 1,108 - 1,108 - Interest rate swaps 469 - 469 - Liabilities Foreign exchange contracts $ 6,235 $ - $ 6,235 $ - Interest rate swaps 13 - 13 - Contingent acquisition payments (a) 3,513 - - 3,513 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 4 - Inventories (Tables)

Note 4 - Inventories (Tables)	6 Months Ended
	Dec. 31, 2017
Notes Tables
Schedule of Inventory, Current [Table Text Block]	December 31 , 201 7 June 30, 201 7 Raw materials $ 59,175 $ 53,313 Work in process 35,093 28,110 Finished goods 36,447 37,978 Total $ 130,715 $ 119,401

Note 5 - Goodwill (Tables)

Note 5 - Goodwill (Tables)	6 Months Ended
	Dec. 31, 2017
Notes Tables
Schedule of Goodwill [Table Text Block]	June 30, 2017 Acquisitions Translation Adjustment December 31 , 2017 Food Service Equipment $ 63,464 $ - $ - $ 63,464 Engraving 20,000 5,063 286 25,349 Engineering Technologies 44,120 - 342 44,462 Electronics 112,047 286 1,018 113,351 Hydraulics 3,059 - - 3,059 Total $ 242,690 $ 5,349 $ 1,647 $ 249,685

Note 6 - Intangible Assets (Tab

Note 6 - Intangible Assets (Tables)	6 Months Ended
	Dec. 31, 2017
Notes Tables
Schedule of Intangible Assets, Excluding Goodwill [Table Text Block]	Tradenames Customer Relationships (Indefinite- lived) Developed Technology Other Total December 31 , 2017 Cost $ 67,095 $ 20,515 $ 47,426 $ 4,908 $ 139,944 Accumulated amortization (31,450 ) - (2,776 ) (3,502 ) (37,728 ) Balance, December 31, 2017 $ 35,645 $ 20,515 $ 44,650 $ 1,406 $ 102,216 June 30, 2017 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 7 - Warranties (Tables)

Note 7 - Warranties (Tables)	6 Months Ended
	Dec. 31, 2017
Notes Tables
Schedule of Product Warranty Liability [Table Text Block]	December 31 , 201 7 June 30, 201 7 Balance at beginning of year $ 9,243 $ 9,085 Acquisitions and other 8 301 Warranty expense 4,775 9,203 Warranty claims (4,709 ) (9,346 ) Balance at end of period $ 9,317 $ 9,243

Note 8 - Debt (Tables)

Note 8 - Debt (Tables)	6 Months Ended
	Dec. 31, 2017
Notes Tables
Schedule of Long-term Debt Instruments [Table Text Block]	December 31 , 201 7 June 30, 201 7 Bank credit agreements $ 216,500 $ 192,500 Other - 6 Total funded debt 216,500 192,506 Issuance Cost (343 ) (530 ) Total long-term debt $ 216,157 $ 191,976
Schedule of Maturities of Long-term Debt [Table Text Block]	Fiscal Year December 31 , 201 7 2018 $ - 2019 - 2020 216,500 2021 - 202 2 - Thereafter - Total Debt 216,500 Issuance cost (343 ) Debt net of issuance cost $ 216,157

Note 9 - Derivative Financial30

Note 9 - Derivative Financial Instruments (Tables)	6 Months Ended
	Dec. 31, 2017
Notes Tables
Schedule of Interest Rate Derivatives [Table Text Block]	Effective Date Notional Amount Fixed Interest Rate Maturity December 31 , 2017 June 30, 2017 December 19, 2014 20,000 1.18% December 19, 2017 $ - $ 8 December 19, 2014 5,000 1.20% December 19, 2017 - 1 December 18, 2015 15,000 1.46% December 19, 2018 43 (1 ) December 19, 2015 10,000 2.01% December 19, 2019 (13 ) (106 ) May 24, 2017 25,000 1.88% April 24, 2022 231 (60 ) May 24, 2017 25,000 1.67% May 24, 2020 195 (23 ) $ 456 $ (181 )
Schedule of Foreign Exchange Contracts, Statement of Financial Position [Table Text Block]	Currency December 31 , 201 7 June 30, 201 7 USD 69,000 73,000 Euro 21,312 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 December 31 , 201 7 June 30, 2 01 7 Derivative designated Balance Balance as hedging instruments Sheet Sheet Line Item Fair Value Line Item Fair Value Interest rate swaps Other Assets $ 469 Other Assets $ - Foreign exchange contracts Other Assets 1,108 Other Assets - $ 1,577 $ - Liability Derivatives December 31 , 201 7 June 30, 201 7 Derivative designated Balance Balance as hedging instruments Sheet Sheet Line Item Fair Value Line Item Fair Value Interest rate swaps Accrued Liabilities $ 13 Accrued Liabilities $ 181 Foreign exchange contracts Accrued Liabilities 6,235 Accrued Liabilities 2,833 $ 6,248 $ 3,014
Derivative Instruments, Gain (Loss) [Table Text Block]	Three Months Ended Six Months Ended December 31, December 31, 2017 2016 2017 2016 Interest rate swaps $ 131 $ 465 $ 417 $ 628 Foreign exchange contracts (2,482 ) 28 (1,994 ) (74 ) $ (2,351 ) $ 493 $ (1,577 ) $ 554
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 2017 2016 2017 2016 of Operations Interest rate swaps $ 913 $ 110 $ 1,064 $ 229 Interest expense Foreign exchange contracts - (27 ) - 75 Cost of Sales $ 913 $ 83 $ 1,064 $ 304

Note 10 - Retirement Benefits (

Note 10 - Retirement Benefits (Tables)	6 Months Ended
	Dec. 31, 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 December 31 , December 31 , 201 7 201 6 201 7 201 6 Service cost $ 1 $ 1 $ 9 $ 9 Interest cost 2,520 2,613 259 250 Expected return on plan assets (3,354 ) (3,440 ) (235 ) (282 ) Recognized net actuarial loss 1,145 1,190 234 249 Amortization of prior service cost - - (9 ) (12 ) Net periodic benefit cost $ 312 $ 364 $ 258 $ 214 U.S. Plans Non-U.S. Plans Six Months Ended Six Months Ended December 31, December 31, 2017 2016 2017 2016 Service cost $ 2 $ 2 $ 18 $ 19 Interest cost 5,040 5,226 514 514 Expected return on plan assets (6,707 ) (6,881 ) (466 ) (579 ) Recognized net actuarial loss 2,290 2,381 463 511 Amortization of prior service cost - - (17 ) (24 ) Net periodic benefit cost $ 625 $ 728 $ 512 $ 441

Note 12 - Earnings Per Share (T

Note 12 - Earnings Per Share (Tables)	6 Months Ended
	Dec. 31, 2017
Notes Tables
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]	Three Months Ended Six Months Ended December 31, December 31, 2017 2016 2017 2016 Basic - Average shares outstanding 12,704 12,659 12,689 12,668 Dilutive effect of unvested, restricted stock awards - 102 89 110 Diluted - Average shares outstanding 12,704 12,761 12,778 12,778

Note 13 - Comprehensive Incom33

Note 13 - Comprehensive Income (Loss) (Tables)	6 Months Ended
	Dec. 31, 2017
Notes Tables
Schedule of Accumulated Other Comprehensive Income (Loss) [Table Text Block]	December 31 , 201 7 June 30, 201 7 Foreign currency translation adjustment $ (22,653 ) $ (25,107 ) Unrealized pension losses, net of tax (84,576 ) (86,646 ) Unrealized losses on derivative instruments, net of tax (4,846 ) (4,185 ) Total $ (112,075 ) $ (115,938 )

Note 15 - Industry Segment In34

Note 15 - Industry Segment Information (Tables)	6 Months Ended
	Dec. 31, 2017
Notes Tables
Reconciliation of Operating Profit (Loss) from Segments to Consolidated [Table Text Block]	Three Months Ended December 31 , Net Sales Income from Operations 201 7 201 6 201 7 201 6 Segment: Food Service Equipment $ 97,222 $ 92,200 $ 7,841 $ 7,206 Engraving 33,879 25,861 6,796 6,510 Engineering Technologies 21,928 18,549 1,529 1,877 Electronics 46,035 28,497 10,221 6,091 Hydraulics 10,687 8,747 1,496 979 Restructuring costs (1,966 ) (1,664 ) Corporate (7,036 ) (6,262 ) Acquisition-related costs (703 ) (1,503 ) Sub-total $ 209,751 $ 173,854 $ 18,178 $ 13,234 Interest expense (1,793 ) (850 ) Other non-operating income 453 332 Income from continuing operations before income taxes $ 16,838 $ 12,716 Six Months Ended December 31, Net Sales Income from Operations 2017 2016 2017 2016 Segment: Food Service Equipment $ 200,287 $ 184,852 $ 18,266 $ 16,694 Engraving 66,708 52,591 14,216 13,907 Engineering Technologies 42,195 37,269 2,695 3,372 Electronics 92,850 59,148 20,457 12,565 Hydraulics 22,090 19,594 3,348 3,108 Restructuring costs (4,970 ) (2,058 ) Acquisition-related costs (1,708 ) (1,503 ) Corporate (13,980 ) (13,081 ) Sub-total $ 424,130 $ 353,454 $ 38,324 $ 33,004 Interest expense (3,514 ) (1,547 ) Other non-operating income 1,057 766 Income from continuing operations before income taxes $ 35,867 $ 32,223
Reconciliation of Assets from Segment to Consolidated [Table Text Block]	December 31 , 201 7 June 30, 201 7 Food Service Equipment $ 245,688 $ 243,414 Engraving 150,769 115,664 Engineering Technologies 151,908 150,805 Electronics 290,044 292,776 Hydraulics 24,651 21,405 Corporate & Other 53,610 43,612 Total $ 916,670 $ 867,676

Note 16 - Restructuring (Tables

Note 16 - Restructuring (Tables)	6 Months Ended
	Dec. 31, 2017
Notes Tables
Restructuring and Related Costs [Table Text Block]	Three Months Ended Six Months Ended December 31, 2017 December 31, 2017 Fiscal 201 8 Involuntary Employee Severance and Benefit Costs Other Total Involuntary Employee Severance and Benefit Costs Other Total Restructuring initiatives $ 228 $ 1,453 $ 1,681 $ 1,910 $ 2,000 $ 3,910 Prior year initiatives 113 172 285 155 905 1,060 $ 341 $ 1,625 $ 1,966 $ 2,065 $ 2,905 $ 4,970 Three Months Ended Six Months Ended December 31, 2016 December 31, 2016 Fiscal 2017 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
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 2,082 2,002 4,084 Payments (1,624 ) (1,786 ) (3,410 ) Restructuring liabilities at December 31, 2017 $ 458 $ 216 $ 674 Involuntary Employee Severance and Benefit Costs Other Total Restructuring liabilities at June 30, 2017 $ 839 $ 906 $ 1,745 Additions and adjustments 155 906 1,061 Payments (684 ) (1,754 ) (2,438 ) Restructuring liabilities at December 31, 2017 $ 310 $ 58 $ 368
Restructuring Expenses By Segment [Table Text Block]	Three Months Ended Six Months Ended December 31, 2017 December 31, 2017 Involuntary Employee Severance and Benefit Costs Other Total Involuntary Employee Severance and Benefit Costs Other Total Food Service Equipment $ 187 $ 1,135 $ 1,322 $ 748 $ 1,561 $ 2,309 Engraving 24 249 273 739 343 1,082 Engineering Technologies 113 156 269 154 880 1,034 Electronics - 57 57 132 84 216 Corporate 17 28 45 292 37 329 $ 341 $ 1,625 $ 1,966 $ 2,065 $ 2,905 $ 4,970 Three Months Ended Six Months Ended December 31, 2016 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

Note 1 - Management Statement (

Note 1 - Management Statement (Details Textual) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2017	Dec. 31, 2016
Income Tax Expense (Benefit)	$ 19,642	$ 2,274	$ 24,672	$ 7,437
Accounting Standards Update 2016-09 [Member]
Income Tax Expense (Benefit)		$ (200)		$ (600)

Note 2 - Acquisitions (Details

Note 2 - Acquisitions (Details Textual) - USD ($) $ in Thousands		Sep. 30, 2017	Jun. 30, 2017	Mar. 31, 2017	Dec. 31, 2017	Sep. 30, 2017	Mar. 31, 2017	Dec. 31, 2016	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2017	Jun. 30, 2018
Payments to Acquire Businesses, Net of Cash Acquired									$ 10,397	$ 24,660
Goodwill			$ 242,690		$ 249,685				249,685		$ 249,685
Business Combination, Acquisition Related Costs								$ 800	303	800
Amortization of Intangible Assets					2,300			1,100	4,500	2,000
Interest Expense					1,793			850	3,514	1,547
Business Combination, Contingent Consideration, Liability	[1]		2,108		3,513				3,513		3,513
Business Combination, Deferred Compensation Arrangements					703			703	1,405	703
Piazza Rosa Group [Member]
Payments to Acquire Businesses, Net of Cash Acquired		$ 10,056			10,056	$ 10,100
Other Payments to Acquire Businesses		2,833			2,833	2,800
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill		4,087			4,086	4,087			4,086		4,086
Goodwill, Purchase Accounting Adjustments					1,155
Goodwill		6,218			5,063	6,218			5,063		5,063
Business Combination, Provisional Information, Initial Accounting Incomplete, Adjustment, Intangibles					1
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
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
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
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				53,800	51,400		53,800		51,400		51,400
Goodwill, Purchase Accounting Adjustments											3,202
Goodwill				$ 75,985	79,187		$ 75,985		79,187		79,187
Business Acquisition, Percentage of Voting Interests Acquired				100.00%			100.00%
Business Combination, Provisional Information, Initial Accounting Incomplete, Adjustment, Pension											1,900
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]
Business Combination, Acquisition Related Costs										200
Amortization of Intangible Assets								700		1,400
Interest Expense										700
Standex Electronics Japan Corporation [Member] | Fair Value Adjustment to Fixed Assets [Member]
Depreciation								300		600
Standex Electronics Japan Corporation [Member] | Fair Value Adjustment to Credit Facility [Member]
Business Combination, Acquisition Related Costs								200
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					3,400				3,400		$ 3,400
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					47,800				47,800		47,800
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					200				200		$ 200
Business Combination, Provisional Information, Initial Accounting Incomplete, Adjustment, Intangibles											$ 100
Horizon Scientific Inc. [Member]
Payments to Acquire Businesses, Net of Cash Acquired			25,001					25,000
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill			16,150					$ 16,200		$ 16,200
Goodwill			$ 6,660
Business Acquisition, Percentage of Voting Interests Acquired								100.00%		100.00%
Business Combination, Contingent Consideration, Liability								$ 8,400		$ 8,400
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				$ 1,400
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		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		300
Horizon Scientific Inc. [Member] | Trademarks [Member]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill								$ 1,400		$ 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	Dec. 31, 2017	Sep. 30, 2017	Dec. 31, 2017	Dec. 31, 2016	Jun. 30, 2017
Total				$ 10,397	$ 24,660
Goodwill		$ 249,685		249,685		$ 242,690
Piazza Rosa Group [Member]
Cash payments	$ 12,889	12,889
Less: cash paid to satisfy acquired debt	(2,833)	(2,833)	$ (2,800)
Total	10,056	10,056	10,100
Other acquired assets	2,678	3,854	2,678	3,854
Other acquired assets		1,176
Inventories	637	635	637	635
Inventories		(2)
Property, plant, and equipment	5,005	5,005	5,005	5,005
Identifiable intangible assets	4,087	4,086	4,087	4,086
Identifiable intangible assets		(1)
Goodwill	6,218	5,063	6,218	5,063
Goodwill		(1,155)
Liabilities assumed	(7,387)	(7,387)	(7,387)	(7,387)
Deferred taxes	(1,182)	(1,200)	(1,182)	(1,200)
Deferred taxes		(18)
Total	$ 10,056	$ 10,056	$ 10,056	$ 10,056

Note 2 - Acquisitions - Compo39

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	Mar. 31, 2017	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2017	Jun. 30, 2017
Total			$ 10,397	$ 24,660
Goodwill			249,685		$ 249,685	$ 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	12,497	10,339		10,339
Other acquired assets					(2,158)
Inventories	7,387	7,387	8,203		8,203
Inventories					816
Property, plant, and equipment	12,703	12,703	18,453		18,453
Property, plant, and equipment					5,750
Identifiable intangible assets	53,800	53,800	51,400		51,400
Business Combination, Provisional Information, Initial Accounting Incomplete, Adjustment, Intangibles					(2,400)
Goodwill	75,985	75,985	79,187		79,187
Goodwill, Purchase Accounting Adjustments					3,202
Liabilities assumed	(10,811)	(10,811)	(19,279)		(19,279)
Liabilities assumed					(8,468)
Deferred taxes	(22,406)	(22,406)	(19,148)		(19,148)
Deferred taxes					3,258
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		6 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2017	Dec. 31, 2016
Net Sales	$ 209,751	$ 189,796	$ 424,130	$ 387,060
Net Income	$ (2,804)	$ 12,217	$ 11,020	$ 27,134
Basic (in dollars per share)	$ (0.22)	$ 0.97	$ 0.87	$ 2.14
Diluted (in dollars per share)	$ (0.22)	$ 0.96	$ 0.86	$ 2.12

Note 2 - Acquisitions - Compo41

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	Dec. 31, 2016	Dec. 31, 2017	Dec. 31, 2016
Total			$ 10,397	$ 24,660
Goodwill	$ 242,690		$ 249,685
Horizon Scientific Inc. [Member]
Cash payments	26,457
Identified cash and net working capital adjustment	341
Less: cash acquired	(1,797)
Total	25,001	$ 25,000
Current assets	4,863
Inventories	4,470
Property, plant, and equipment	1,616
Identifiable intangible assets	16,150	$ 16,200		$ 16,200
Goodwill	6,660
Liabilities assumed	(2,374)
Deferred taxes	(6,384)
Total	$ 25,001

Note 2 - Acquisitions - Compo42

Note 2 - Acquisitions - Components of Acquisition Related Costs (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2017	Dec. 31, 2016
Deferred compensation arrangements	$ 703	$ 703	$ 1,405	$ 703
Acquisition-related costs		800	303	800
Total	$ 703	$ 1,503	$ 1,708	$ 1,503

Note 3 - Fair Value Measureme43

Note 3 - Fair Value Measurements (Details Textual) $ in Millions	Dec. 31, 2017USD ($)
Business Combination, Contingent Consideration Arrangements, Range of Outcomes, Value, High	$ 8.4

Note 3 - Fair Value Measureme44

Note 3 - Fair Value Measurements - Fair Values of Financial Instruments (Details) - USD ($) $ in Thousands		Dec. 31, 2017	Jun. 30, 2017
Foreign exchange contracts		$ 1,108	$ 399
Interest rate swaps		469	3,777
Foreign exchange contracts		6,235	3,232
Interest rate swaps		13	3,958
Business Combination, Contingent Consideration, Liability	[1]	3,513	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		1,108	399
Interest rate swaps		469	3,777
Foreign exchange contracts		6,235	3,232
Interest rate swaps		13	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]	3,513	2,108
Deferred Compensation Plan [Member]
Marketable securities - deferred compensation plan		2,398	2,397
Marketable securities - deferred compensation plan		2,398	2,397
Deferred Compensation Plan [Member] | Fair Value, Inputs, Level 1 [Member]
Marketable securities - deferred compensation plan		2,398	2,397
Marketable securities - deferred compensation plan		2,398	2,397
Deferred Compensation Plan [Member] | Fair Value, Inputs, Level 2 [Member]
Marketable securities - deferred compensation plan
Marketable securities - deferred compensation plan
Deferred Compensation Plan [Member] | Fair Value, Inputs, Level 3 [Member]
Marketable securities - deferred compensation plan
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 4 - Inventories (Details T

Note 4 - Inventories (Details Textual) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2017	Dec. 31, 2016
Selling Expense	$ 5.5	$ 4.6	$ 11.5	$ 9.6

Note 4 - Inventories - Summary

Note 4 - Inventories - Summary of Inventories (Details) - USD ($) $ in Thousands	Dec. 31, 2017	Jun. 30, 2017
Raw materials	$ 59,175	$ 53,313
Work in process	35,093	28,110
Finished goods	36,447	37,978
Total	$ 130,715	$ 119,401

Note 5 - Goodwill - Changes to

Note 5 - Goodwill - Changes to Goodwill (Details) $ in Thousands	6 Months Ended
	Dec. 31, 2017USD ($)
Beginning balance, goodwill	$ 242,690
Acquisition	5,349
Translation Adjustment	1,647
Ending balance, goodwill	249,685
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	5,063
Translation Adjustment	286
Ending balance, goodwill	25,349
Engineering Technologies Group [Member]
Beginning balance, goodwill	44,120
Acquisition
Translation Adjustment	342
Ending balance, goodwill	44,462
Electronics Products Group [Member]
Beginning balance, goodwill	112,047
Acquisition	286
Translation Adjustment	1,018
Ending balance, goodwill	113,351
Hydraulics Products Group [Member]
Beginning balance, goodwill	3,059
Acquisition
Translation Adjustment
Ending balance, goodwill	$ 3,059

Note 6 - Intangible Assets (Det

Note 6 - Intangible Assets (Details Textual) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2017	Dec. 31, 2016
Amortization of Intangible Assets	$ 2.3	$ 1.1	$ 4.5	$ 2
Finite-Lived Intangible Assets, Amortization Expense, Remainder of Fiscal Year	4.6		4.6
Finite-Lived Intangible Assets, Amortization Expense, Year Two	9		9
Finite-Lived Intangible Assets, Amortization Expense, Year Three	8.4		8.4
Finite-Lived Intangible Assets, Amortization Expense, Year Four	7.9		7.9
Finite-Lived Intangible Assets, Amortization Expense, Year Five	7.4		7.4
Finite-Lived Intangible Assets, Amortization Expense, after Year Five	$ 44.4		$ 44.4

Note 6 - Intangible Assets - Su

Note 6 - Intangible Assets - Summary of Intangible Assets (Details) - USD ($) $ in Thousands	Dec. 31, 2017	Jun. 30, 2017
Cost	$ 139,944	$ 135,051
Accumulated amortization	(37,728)	(32,548)
Intangible assets, net	102,216	102,503
Trademarks [Member]
Cost	20,515	18,715
Accumulated amortization
Intangible assets, net	20,515	18,715
Customer Relationships [Member]
Cost	67,095	64,247
Accumulated amortization	(31,450)	(28,764)
Intangible assets, net	35,645	35,483
Acquired Technology [Member]
Cost	47,426	47,586
Accumulated amortization	(2,776)	(826)
Intangible assets, net	44,650	46,760
Other Intangible Assets [Member]
Cost	4,908	4,503
Accumulated amortization	(3,502)	(2,958)
Intangible assets, net	$ 1,406	$ 1,545

Note 7 - Warranties - Changes i

Note 7 - Warranties - Changes in Warranty Reserve (Details) - USD ($) $ in Thousands	6 Months Ended	12 Months Ended
	Dec. 31, 2017	Jun. 30, 2017
Balance at beginning of year	$ 9,243	$ 9,085
Acquisitions and other	8	301
Warranty expense	4,775	9,203
Warranty claims	(4,709)	(9,346)
Balance at end of period	$ 9,317	$ 9,243

Note 8 - Debt (Details Textual)

Note 8 - Debt (Details Textual) - USD ($) $ in Millions	12 Months Ended
	Jun. 30, 2015	Dec. 31, 2017
Amended and Restated Credit Agreement [Member]
Debt Instrument, Term	5 years
Line of Credit Facility, Maximum Borrowing Capacity	$ 400	$ 172
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 8 - Debt - Long-term Debt

Note 8 - Debt - Long-term Debt (Details) - USD ($) $ in Thousands	Dec. 31, 2017	Jun. 30, 2017
Funded debt	$ 216,500	$ 192,506
Issuance Cost	(343)	(530)
Total long-term debt	216,157	191,976
Line of Credit [Member]
Funded debt	216,500	192,500
Other Funded Debt [Member]
Funded debt		$ 6

Note 8 - Debt - Maturities of L

Note 8 - Debt - Maturities of Long-term Debt (Details) - USD ($) $ in Thousands	Dec. 31, 2017	Jun. 30, 2017
2,018
2,019
2,020	216,500
2,021
2,022
Thereafter
Total Debt	216,500	$ 192,506
Issuance Cost	(343)	(530)
Debt net of issuance cost	$ 216,157	$ 191,976

Note 9 - Derivative Financial54

Note 9 - Derivative Financial Instruments (Details Textual) - USD ($) $ in Thousands	3 Months Ended	6 Months Ended
	Dec. 31, 2017	Dec. 31, 2017	Jun. 30, 2017
Derivative Instruments, Loss Recognized in Income, Ineffective Portion and Amount Excluded from Effectiveness Testing	$ 0	$ 0
Interest Rate Swap [Member]
Derivative, Notional Amount	$ 75,000	$ 75,000
Derivative, Average Fixed Interest Rate	1.74%	1.74%
Foreign Exchange Contract [Member]
Outstanding Forward Contracts, Net Unrealized Gain (Loss)	$ (5,100)	$ (5,100)	$ (2,800)

Note 9 - Derivative Financial55

Note 9 - 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, 2017	Jun. 30, 2017
Fair Value, Asset	$ 456
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		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
Interest Rate Swap Effective December 18, 2015 [Member]
Notional Amount	$ 15,000
Fixed Rate	1.46%
Maturity	Dec. 19, 2018
Fair Value, Asset	$ 43
Fair Value, Liability		(1)
Interest Rate Swap Effective December 19, 2015 [Member]
Notional Amount	$ 10,000
Fixed Rate	2.01%
Maturity	Dec. 19, 2019
Fair Value, Liability	$ (13)	(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	$ 231
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, Asset	$ 195
Fair Value, Liability		$ (23)

Note 9 - Derivative Financial56

Note 9 - Derivative Financial Instruments - Foreign Currency Exchange Contracts (Details) - Foreign Exchange Contract [Member] € in Thousands, £ in Thousands, MXN in Millions, CAD in Millions, $ in Millions	Dec. 31, 2017USD ($)	Dec. 31, 2017CAD	Dec. 31, 2017GBP (£)	Dec. 31, 2017EUR (€)	Dec. 31, 2017MXN	Jun. 30, 2017USD ($)	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 | €				€ 21,312					€ 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 9 - Derivative Financial57

Note 9 - 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, 2017	Jun. 30, 2017
Other Assets [Member]
Unrealized gain (loss)	$ 1,577
Other Assets [Member] | Interest Rate Swap [Member]
Unrealized gain (loss)	469
Other Assets [Member] | Foreign Exchange Contract [Member]
Unrealized gain (loss)	1,108
Other Liabilities [Member]
Liability	6,248	3,014
Other Liabilities [Member] | Interest Rate Swap [Member]
Liability	13	181
Other Liabilities [Member] | Foreign Exchange Contract [Member]
Liability	$ 6,235	$ 2,833

Note 9 - Derivative Financial58

Note 9 - 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, 2017	Dec. 31, 2016	Dec. 31, 2017	Dec. 31, 2016
Unrealized gain (loss)	$ (2,351)	$ 493	$ (1,577)	$ 554
Interest Rate Swap [Member]
Unrealized gain (loss)	131	465	417	628
Foreign Exchange Contract [Member]
Unrealized gain (loss)	$ (2,482)	$ 28	$ (1,994)	$ (74)

Note 9 - Derivative Financial59

Note 9 - Derivative Financial Instruments - Details About Accumulated Other Comprehensive Income (Loss) Components (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2017	Dec. 31, 2016
Accumulated other comprehensive income (loss) component	$ 913	$ 83	$ 1,064	$ 304
Interest Rate Swap [Member] | Interest Expense [Member]
Accumulated other comprehensive income (loss) component	913	110	1,064	229
Foreign Exchange Contract [Member] | Cost of Sales [Member]
Accumulated other comprehensive income (loss) component		$ (27)		$ 75

Note 10 - Retirement Benefits60

Note 10 - Retirement Benefits (Details Textual) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2017	Dec. 31, 2016
UNITED KINGDOM | Foreign Plan [Member]
Defined Benefit Plan, Expected Future Employer Contributions, Remainder of Fiscal Year	$ 0.8		$ 0.8
UNITED STATES | Domestic Plan [Member]
Defined Benefit Plan, Expected Future Employer Contributions, Remainder of Fiscal Year	0.2		0.2
GERMANY | Foreign Plan [Member]
Defined Benefit Plan, Expected Future Employer Contributions, Remainder of Fiscal Year	0.3		0.3
Pension Plan [Member]
Defined Benefit Plan, Expected Future Employer Contributions, Remainder of Fiscal Year	1.4		1.4
Defined Benefit Plan, Plan Assets, Contributions by Employer	$ 0.3	$ 0.4	$ 0.5	$ 0.6

Note 10 - Retirement Benefits -

Note 10 - Retirement Benefits - Components of Net Periodic Benefit Cost (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2017	Dec. 31, 2016
Domestic Plan [Member]
Service cost	$ 1	$ 1	$ 2	$ 2
Interest cost	2,520	2,613	5,040	5,226
Expected return on plan assets	(3,354)	(3,440)	(6,707)	(6,881)
Recognized net actuarial loss	1,145	1,190	2,290	2,381
Amortization of prior service cost
Net periodic benefit cost	312	364	625	728
Foreign Plan [Member]
Service cost	9	9	18	19
Interest cost	259	250	514	514
Expected return on plan assets	(235)	(282)	(466)	(579)
Recognized net actuarial loss	234	249	463	511
Amortization of prior service cost	(9)	(12)	(17)	(24)
Net periodic benefit cost	$ 258	$ 214	$ 512	$ 441

Note 11 - Income Taxes (Details

Note 11 - Income Taxes (Details Textual) - USD ($) $ in Millions	3 Months Ended		6 Months Ended		12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2017	Dec. 31, 2016	Jun. 30, 2019
Effective Income Tax Rate Before Discretion, at Federal Statutory Income Tax Rate, Percent			28.00%
Income Tax Expense (Benefit), Continuing Operations, Adjustment of Deferred Tax (Asset) Liability	$ 1.2
Effective Income Tax Rate Reconciliation, Repatriation of Foreign Earnings, Amount	$ 13.8
Tax Period, Repatriation of Foreign Earnings	8 years
Effective Income Tax Rate Reconciliation, Percent	116.70%	17.90%	68.80%	23.10%
Effective Income Tax Rate Reconciliation, Change in Enacted Tax Rate, Amount	$ 15
Scenario, Forecast [Member]
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent					21.00%

Note 12 - Earnings Per Share (D

Note 12 - Earnings Per Share (Details Textual) - shares	3 Months Ended		6 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2017	Dec. 31, 2016
Employee Stock Option [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	0	0	0	0
Performance Shares [Member]
Share-based Compensation Awards Excluded from Computation of Earnings Per Share Amount			40,936	29,607

Note 12 - Earnings Per Share -

Note 12 - Earnings Per Share - Computation of Basic and Diluted Earnings Per Share (Details) - shares shares in Thousands	3 Months Ended		6 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2017	Dec. 31, 2016
Basic - Average shares outstanding (in shares)	12,704	12,659	12,689	12,668
Dilutive effect of unvested, restricted stock awards (in shares)		102	89	110
Diluted - Average shares outstanding (in shares)	12,704	12,761	12,778	12,778

Note 13 - Comprehensive Incom65

Note 13 - Comprehensive Income (Loss) - Components of Accumulated Other Comprehensive Income (Loss) (Details) - USD ($) $ in Thousands	Dec. 31, 2017	Jun. 30, 2017
Foreign currency translation adjustment	$ (22,653)	$ (25,107)
Unrealized pension losses, net of tax	(84,576)	(86,646)
Unrealized losses on derivative instruments, net of tax	(4,846)	(4,185)
Total	$ (112,075)	$ (115,938)

Note 15 - Industry Segment In66

Note 15 - Industry Segment Information (Details Textual)	6 Months Ended
	Dec. 31, 2017
Number of Reportable Segments	5
Food Service Equipment Group [Member]
Number of Operating Segments	8

Note 15 - Industry Segment In67

Note 15 - Industry Segment Information - Net Sales and Income (Loss) by Industry Segments (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2017	Dec. 31, 2016
Net sales	$ 209,751	$ 173,854	$ 424,130	$ 353,454
Income from operations	18,178	13,234	38,324	33,004
Restructuring costs	(1,966)	(1,664)	(4,970)	(2,058)
Acquisition-related costs	(703)	(1,503)	(1,708)	(1,503)
Interest expense	(1,793)	(850)	(3,514)	(1,547)
Other non-operating income	453	332	1,057	766
Income from continuing operations before income taxes	16,838	12,716	35,867	32,223
Acquisition-related costs	(703)	(1,503)	(1,708)	(1,503)
Food Service Equipment Group [Member]
Net sales	97,222	92,200	200,287	184,852
Income from operations	7,841	7,206	18,266	16,694
Restructuring costs	(1,322)	(1,120)	(2,309)	(1,207)
Engraving Group [Member]
Net sales	33,879	25,861	66,708	52,591
Income from operations	6,796	6,510	14,216	13,907
Restructuring costs	(273)		(1,082)	(6)
Engineering Technologies Group [Member]
Net sales	21,928	18,549	42,195	37,269
Income from operations	1,529	1,877	2,695	3,372
Restructuring costs	(269)	(249)	(1,034)	(433)
Electronics Products Group [Member]
Net sales	46,035	28,497	92,850	59,148
Income from operations	10,221	6,091	20,457	12,565
Restructuring costs	(57)	(272)	(216)	(381)
Hydraulics Products Group [Member]
Net sales	10,687	8,747	22,090	19,594
Income from operations	1,496	979	3,348	3,108
Corporate and Other [Member]
Income from operations	(7,036)	(6,262)	(13,980)	(13,081)
Restructuring costs	$ (45)	$ (23)	$ (329)	$ (31)

Note 15 - Industry Segment In68

Note 15 - Industry Segment Information - Assets by Industry Segments (Details) - USD ($) $ in Thousands	Dec. 31, 2017	Jun. 30, 2017
Assets	$ 916,670	$ 867,676
Food Service Equipment Group [Member]
Assets	245,688	243,414
Engraving Group [Member]
Assets	150,769	115,664
Engineering Technologies Group [Member]
Assets	151,908	150,805
Electronics Products Group [Member]
Assets	290,044	292,776
Hydraulics Products Group [Member]
Assets	24,651	21,405
Corporate and Other [Member]
Assets	$ 53,610	$ 43,612

Note 16 - Restructuring (Detail

Note 16 - Restructuring (Details Textual) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Jun. 30, 2018	Dec. 31, 2017	Dec. 31, 2016
Restructuring Costs	$ 1,966	$ 1,664		$ 4,970	$ 2,058
Minimum [Member] | Scenario, Forecast [Member]
Restructuring Costs			$ 4,000
Maximum [Member] | Scenario, Forecast [Member]
Restructuring Costs			$ 5,000
Severance and Non-cash Lease Impairment Costs [Member]
Restructuring Costs	$ 1,700			$ 5,000	$ 2,100

Note 16 - Restructuring - Summa

Note 16 - Restructuring - Summary of Severance, Restructuring, and Related Charges by Initiative (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2017	Dec. 31, 2016
Restructuring charges	$ 1,966	$ 1,664	$ 4,970	$ 2,058
Involuntary Employee Severance And Benefit Costs [Member]
Restructuring charges	341	1,117	2,065	1,146
Other Restructuring [Member]
Restructuring charges	1,625	547	2,905	912
Current Year Restructuring Initiatives [Member]
Restructuring charges	1,681	1,609	3,910	1,974
Current Year Restructuring Initiatives [Member] | Involuntary Employee Severance And Benefit Costs [Member]
Restructuring charges	228	1,117	1,910	1,146
Current Year Restructuring Initiatives [Member] | Other Restructuring [Member]
Restructuring charges	1,453	492	2,000	828
Prior Year Initiatives [Member]
Restructuring charges	285	55	1,060	84
Prior Year Initiatives [Member] | Involuntary Employee Severance And Benefit Costs [Member]
Restructuring charges	113		155
Prior Year Initiatives [Member] | Other Restructuring [Member]
Restructuring charges	$ 172	$ 55	$ 905	$ 84

Note 16 - Restructuring - Sum71

Note 16 - Restructuring - Summary of Activity in Reserves Related to Restructuring Initiatives (Details) $ in Thousands	6 Months Ended
	Dec. 31, 2017USD ($)
Current Year Restructuring Initiatives [Member]
Restructuring liabilities
Additions and adjustments	4,084
Payments	(3,410)
Restructuring liabilities at December 31, 2017	674
Prior Year Initiatives [Member]
Restructuring liabilities	1,745
Additions and adjustments	1,061
Payments	(2,438)
Restructuring liabilities at December 31, 2017	368
Involuntary Employee Severance And Benefit Costs [Member] | Current Year Restructuring Initiatives [Member]
Restructuring liabilities
Additions and adjustments	2,082
Payments	(1,624)
Restructuring liabilities at December 31, 2017	458
Involuntary Employee Severance And Benefit Costs [Member] | Prior Year Initiatives [Member]
Restructuring liabilities	839
Additions and adjustments	155
Payments	(684)
Restructuring liabilities at December 31, 2017	310
Other Restructuring [Member] | Current Year Restructuring Initiatives [Member]
Restructuring liabilities
Additions and adjustments	2,002
Payments	(1,786)
Restructuring liabilities at December 31, 2017	216
Other Restructuring [Member] | Prior Year Initiatives [Member]
Restructuring liabilities	906
Additions and adjustments	906
Payments	(1,754)
Restructuring liabilities at December 31, 2017	$ 58

Note 16 - Restructuring - Sum72

Note 16 - Restructuring - Summary of Restructuring Expenses by Segment (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2017	Dec. 31, 2016
Restructuring charges	$ 1,966	$ 1,664	$ 4,970	$ 2,058
Involuntary Employee Severance And Benefit Costs [Member]
Restructuring charges	341	1,117	2,065	1,146
Other Restructuring [Member]
Restructuring charges	1,625	547	2,905	912
Food Service Equipment Group [Member]
Restructuring charges	1,322	1,120	2,309	1,207
Food Service Equipment Group [Member] | Involuntary Employee Severance And Benefit Costs [Member]
Restructuring charges	187	1,117	748	1,129
Food Service Equipment Group [Member] | Other Restructuring [Member]
Restructuring charges	1,135	3	1,561	78
Engraving Group [Member]
Restructuring charges	273		1,082	6
Engraving Group [Member] | Involuntary Employee Severance And Benefit Costs [Member]
Restructuring charges	24		739	6
Engraving Group [Member] | Other Restructuring [Member]
Restructuring charges	249		343
Engineering Technologies Group [Member]
Restructuring charges	269	249	1,034	433
Engineering Technologies Group [Member] | Involuntary Employee Severance And Benefit Costs [Member]
Restructuring charges	113		154
Engineering Technologies Group [Member] | Other Restructuring [Member]
Restructuring charges	156	249	880	433
Electronics Products Group [Member]
Restructuring charges	57	272	216	381
Electronics Products Group [Member] | Involuntary Employee Severance And Benefit Costs [Member]
Restructuring charges			132	11
Electronics Products Group [Member] | Other Restructuring [Member]
Restructuring charges	57	272	84	370
Corporate and Other [Member]
Restructuring charges	45	23	329	31
Corporate and Other [Member] | Involuntary Employee Severance And Benefit Costs [Member]
Restructuring charges	17		292
Corporate and Other [Member] | Other Restructuring [Member]
Restructuring charges	$ 28	$ 23	$ 37	$ 31