Standex International (SXI) 10-Q 8 May 20 2020 Q3 Quarterly report Financial data

Document And Entity Information

Document And Entity Information - shares	9 Months Ended
	Mar. 31, 2020	May 06, 2020
Document Information [Line Items]
Entity Central Index Key	0000310354
Entity Registrant Name	STANDEX INTERNATIONAL CORP/DE/
Amendment Flag	false
Current Fiscal Year End Date	--06-30
Document Fiscal Period Focus	Q3
Document Fiscal Year Focus	2020
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Mar. 31, 2020
Document Transition Report	false
Entity File Number	1-7233
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	31-0596149
Entity Address, Address Line One	11 KEEWAYDIN DRIVE
Entity Address, City or Town	Salem
Entity Address, State or Province	NH
Entity Address, Postal Zip Code	03079
City Area Code	603
Local Phone Number	893-9701
Title of 12(b) Security	Common Stock, Par Value $1.50 Per Share
Trading Symbol	SXI
Security Exchange Name	NYSE
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		12,409,429

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($) $ in Thousands	Mar. 31, 2020	Jun. 30, 2019
Current Assets:
Cash and cash equivalents	$ 109,297	$ 93,145
Accounts receivable, net of reserve for doubtful accounts of $1,729 and $1,250 at March 31, 2020 and June 30, 2019	101,331	103,374
Inventories	85,274	76,302
Prepaid expenses and other current assets	21,829	21,820
Income taxes receivable	5,232	1,622
Current assets-Discontinued Operations	37,518	37,610
Total current assets	360,481	333,873
Property, plant, and equipment, net	134,171	134,239
Intangible assets, net	109,264	118,660
Goodwill	270,044	273,843
Deferred tax asset	10,876	14,140
Operating lease right-of-use asset	40,901	0
Other non-current assets	26,306	25,105
Long-term assets-Discontinued Operations	4,879	22,029
Total non-current assets	596,441	588,016
Total assets	956,922	921,889
Current Liabilities:
Accounts payable	54,188	54,201
Accrued liabilities	55,729	50,176
Income taxes payable	524	5,735
Current liabilities-Discontinued Operations	26,362	31,503
Total current liabilities	136,803	141,615
Long-term debt	212,065	197,610
Operating lease long-term liabilities	32,084	0
Accrued pension and other non-current liabilities	106,446	116,128
Non-current liabilities-Discontinued Operations	2,720	2,223
Total non-current liabilities	353,315	315,961
Stockholders' equity:
Common stock, par value $1.50 per share, 60,000,000 shares authorized, 27,984,278 issued, 12,263,025 and 12,334,607 outstanding at March 31, 2020 and June 30, 2019	41,976	41,976
Additional paid-in capital	70,910	65,515
Retained earnings	828,556	818,282
Accumulated other comprehensive loss	(142,916)	(137,278)
Treasury shares: 15,721,253 shares at March 31, 2020 and 15,649,671 shares at June 30, 2019	(331,722)	(324,182)
Total stockholders' equity	466,804	464,313
Total liabilities and stockholders' equity	$ 956,922	$ 921,889

Condensed Consolidated Balanc_2

Condensed Consolidated Balance Sheets (Current Period Unaudited) (Parentheticals) - USD ($) $ in Thousands	Mar. 31, 2020	Jun. 30, 2019
Reserve for doubtful accounts	$ 1,729	$ 1,250
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)	12,263,025	12,334,607
Treasury stock, shares (in shares)	15,721,253	15,649,671

Unaudited Condensed Consolidate

Unaudited Condensed Consolidated Statements of Operations - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Mar. 31, 2020	Mar. 31, 2019	Mar. 31, 2020	Mar. 31, 2019
Net sales	$ 155,474	$ 160,455	$ 465,150	$ 471,189
Cost of sales	102,959	105,340	296,613	296,722
Gross profit	52,515	55,115	168,537	174,467
Selling, general, and administrative expenses	34,893	36,913	113,697	111,237
Acquisition related costs	120	805	1,650	2,352
Restructuring costs	593	549	2,792	826
Total operating expenses	35,606	38,267	118,139	114,415
Income from operations	16,909	16,848	50,398	60,052
Interest expense	(1,774)	(3,230)	(5,820)	(8,598)
Other non-operating expenses, net	238	(679)	566	(1,694)
Income from continuing operations before income taxes	15,373	12,939	45,144	49,760
Provision for income taxes	3,321	4,284	10,229	14,086
Net income (loss) from continuing operations	12,052	8,655	34,915	35,674
Net income (loss) from discontinued operations	(18,375)	17,614	(16,562)	19,847
Net income (loss)	$ (6,323)	$ 26,269	$ 18,353	$ 55,521
Basic earnings per share:
Continuing operations (in dollars per share)	$ 0.98	$ 0.69	$ 2.83	$ 2.83
Discontinued operations (in dollars per share)	(1.49)	1.41	(1.34)	1.57
Total (in dollars per share)	(0.51)	2.10	1.49	4.40
Diluted earnings per share:
Continuing operations (in dollars per share)	0.97	0.69	2.81	2.81
Discontinued operations (in dollars per share)	(1.48)	1.40	(1.33)	1.57
Total (in dollars per share)	(0.51)	2.09	1.48	4.38
Cash dividends per share (in dollars per share)	$ 0.22	$ 0.20	$ 0.64	$ 0.58

Unaudited Condensed Consolida_2

Unaudited Condensed Consolidated Statements of Comprehensive Income - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Mar. 31, 2020	Mar. 31, 2019	Mar. 31, 2020	Mar. 31, 2019
Net income (loss)	$ (6,323)	$ 26,269	$ 18,353	$ 55,521
Defined benefit pension plans:
Actuarial gains (losses) and other changes in unrecognized costs	278	(30)	273	250
Amortization of unrecognized costs	1,441	1,116	4,315	3,347
Derivative instruments:
Change in unrealized (losses)	(1,595)	1,449	(1,832)	(2,226)
Foreign currency translation gains (losses)	(4,691)	410	(5,860)	(5,252)
Other comprehensive income (loss) before tax	(6,677)	2,439	(5,233)	(2,114)
Income tax provision (benefit): Defined benefit pension plans:
Actuarial gains (losses) and other changes in unrecognized costs	(50)	1	(28)	(25)
Amortization of unrecognized costs	(348)	(273)	(1,041)	(818)
Income tax provision (benefit): Derivative instruments:
Change in unrealized gains and (losses)	588	172	697	338
Income tax provision (benefit) to other comprehensive income (loss)	165	(79)	(405)	(444)
Other comprehensive income (loss), net of tax	(6,512)	2,360	(5,638)	(2,558)
Comprehensive income (loss)	(12,835)	28,629	12,715	52,963
Interest Expense [Member]
Derivative instruments:
Amortization of unrealized gains and (losses) into interest expense	(2,110)	(506)	(2,129)	1,767
Income tax provision (benefit): Derivative instruments:
Amortization of unrealized gains and (losses) into interest expense	$ (25)	$ 21	$ (33)	$ 61

Consolidated Statements of Stoc

Consolidated Statements of Stockholders' Equity - USD ($) shares in Thousands, $ in Thousands	Cumulative Effect, Period of Adoption, Adjustment [Member]Common Stock [Member]	Cumulative Effect, Period of Adoption, Adjustment [Member]Additional Paid-in Capital [Member]	Cumulative Effect, Period of Adoption, Adjustment [Member]Retained Earnings [Member]	Cumulative Effect, Period of Adoption, Adjustment [Member]AOCI Attributable to Parent [Member]	Cumulative Effect, Period of Adoption, Adjustment [Member]Treasury Stock [Member]	Cumulative Effect, Period of Adoption, Adjustment [Member]	Common Stock [Member]	Additional Paid-in Capital [Member]	Retained Earnings [Member]	AOCI Attributable to Parent [Member]	Treasury Stock [Member]	Total
Adoption of ASC 606							$ 41,976	$ 61,328	$ 761,430	$ (121,859)	$ (292,080)	$ 450,795
Balance at Jun. 30, 2018							41,976	61,328	761,430	(121,859)	$ (292,080)	450,795
Balance (in shares) at Jun. 30, 2018											15,279
Stock issued for employee stock option and purchase plans, including related income tax benefit and other							0	(234)	0	0	$ 1,186	952
Stock issued for employee stock option and purchase plans, including related income tax benefit and other (in shares)											(62)
Stock-based compensation							0	2,680	0	0	$ 0	2,680
Treasury stock acquired							0	0	0	0	$ (19,239)	(19,239)
Treasury stock acquired (in shares)											236
Adoption of ASC 606	$ 0	$ 0	$ (1,106)	$ 0	$ 0	$ (1,106)	41,976	63,774	808,417	(124,417)	$ (310,133)	479,617
Net Income							0	0	55,521	0	0	55,521
Foreign currency translation adjustment							0	0	0	(5,252)	0	(5,252)
Pension and OPEB adjustments, net of tax							0	0	0	2,754	0	2,754
Change in fair value of derivatives, net of tax							0	0	0	(60)	0	(60)
Dividends declared							0	0	(7,428)	0	0	(7,428)
Balance at Mar. 31, 2019	0	0	(1,106)	0	0	(1,106)	41,976	63,774	808,417	(124,417)	$ (310,133)	479,617
Balance (in shares) at Mar. 31, 2019											15,453
Adoption of ASC 606							41,976	63,024	784,687	(126,777)	$ (310,084)	452,826
Balance at Dec. 31, 2018							41,976	63,024	784,687	(126,777)	$ (310,084)	452,826
Balance (in shares) at Dec. 31, 2018											15,454
Stock issued for employee stock option and purchase plans, including related income tax benefit and other							0	99	0	0	$ 55	154
Stock issued for employee stock option and purchase plans, including related income tax benefit and other (in shares)											(2)
Stock-based compensation							0	651	0	0	$ 0	651
Treasury stock acquired							0	0	0	0	$ (104)	(104)
Treasury stock acquired (in shares)											1
Adoption of ASC 606	0	0	(1,106)	0	0	(1,106)	41,976	63,024	784,687	(126,777)	$ (310,084)	452,826
Net Income							0	0	26,269	0	0	26,269
Foreign currency translation adjustment							0	0	0	410	0	410
Pension and OPEB adjustments, net of tax							0	0	0	813	0	813
Change in fair value of derivatives, net of tax							0	0	0	1,137	0	1,137
Dividends declared							0	0	(2,539)	0	0	(2,539)
Balance at Mar. 31, 2019	0	0	(1,106)	0	0	(1,106)	41,976	63,774	808,417	(124,417)	$ (310,133)	479,617
Balance (in shares) at Mar. 31, 2019											15,453
Adoption of ASC 606	0	0	(1,106)	0	0	(1,106)	41,976	63,774	808,417	(124,417)	$ (310,133)	479,617
Adoption of ASC 606							41,976	65,515	818,282	(137,278)	(324,182)	464,313
Balance at Jun. 30, 2019							41,976	65,515	818,282	(137,278)	$ (324,182)	464,313
Balance (in shares) at Jun. 30, 2019											15,650
Stock issued for employee stock option and purchase plans, including related income tax benefit and other							0	110	0	0	$ 1,468	1,578
Stock issued for employee stock option and purchase plans, including related income tax benefit and other (in shares)											(71)
Stock-based compensation							0	5,285	0	0	$ 0	5,285
Treasury stock acquired							0	0	0	0	$ (9,008)	(9,008)
Treasury stock acquired (in shares)											142
Adoption of ASC 606	0	0	(55)	0	0	(55)	41,976	70,910	828,556	(142,916)	$ (331,722)	466,804
Net Income							0	0	18,353	0	0	18,353
Foreign currency translation adjustment							0	0	0	(5,860)	0	(5,860)
Pension and OPEB adjustments, net of tax							0	0	0	3,519	0	3,519
Change in fair value of derivatives, net of tax							0	0	0	(3,297)	0	(3,297)
Dividends declared							0	0	(8,024)	0	0	(8,024)
Balance at Mar. 31, 2020	0	0	(55)	0	0	(55)	41,976	70,910	828,556	(142,916)	$ (331,722)	466,804
Balance (in shares) at Mar. 31, 2020											15,721
Adoption of ASC 606							41,976	70,206	837,698	(136,404)	$ (323,872)	489,604
Balance at Dec. 31, 2019							41,976	70,206	837,698	(136,404)	$ (323,872)	489,604
Balance (in shares) at Dec. 31, 2019											15,602
Stock issued for employee stock option and purchase plans, including related income tax benefit and other							0	238	0	0	$ 212	450
Stock issued for employee stock option and purchase plans, including related income tax benefit and other (in shares)											(10)
Stock-based compensation							0	466	0	0	$ 0	466
Treasury stock acquired							0	0	0	0	$ (8,062)	(8,062)
Treasury stock acquired (in shares)											129
Adoption of ASC 606	0	0	(55)	0	0	(55)	41,976	70,206	837,698	(136,404)	$ (323,872)	489,604
Net Income							0	0	(6,323)	0	0	(6,323)
Foreign currency translation adjustment							0	0	0	(4,691)	0	(4,691)
Pension and OPEB adjustments, net of tax							0	0	0	1,321	0	1,321
Change in fair value of derivatives, net of tax							0	0	0	(3,142)	0	(3,142)
Dividends declared							0	0	(2,764)	0	0	(2,764)
Balance at Mar. 31, 2020	0	0	(55)	0	0	(55)	41,976	70,910	828,556	(142,916)	$ (331,722)	466,804
Balance (in shares) at Mar. 31, 2020											15,721
Adoption of ASC 606	$ 0	$ 0	$ (55)	$ 0	$ 0	$ (55)	$ 41,976	$ 70,910	$ 828,556	$ (142,916)	$ (331,722)	$ 466,804

Consolidated Statements of St_2

Consolidated Statements of Stockholders' Equity (Parentheticals) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Mar. 31, 2020	Mar. 31, 2019	Mar. 31, 2020	Mar. 31, 2019
Pension and OPEB adjustments, tax	$ 0.4	$ 0.3	$ 1.1	$ 0.8
Change in fair value of derivatives, tax	$ 0.6	$ 0.2	$ 0.7	$ 0.4
Dividends declared, per share (in dollars per share)	$ 0.22	$ 0.20	$ 0.64	$ 0.58

Unaudited Condensed Consolida_3

Unaudited Condensed Consolidated Statements of Cash Flows - USD ($) $ in Thousands	9 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Cash flows from operating activities
Net income	$ 18,353	$ 55,521
Income from discontinued operations	(16,562)	19,847
Income from continuing operations	34,915	35,674
Adjustments to reconcile net income to net cash provided by (used in) operating activities:
Depreciation and amortization	24,301	21,599
Stock-based compensation	5,285	2,680
Non-cash portion of restructuring charge	(87)	(81)
Life Insurance Benefit	(1,302)	0
Contributions to defined benefit plans	(3,454)	(751)
Net changes in operating assets and liabilities	(30,168)	(29,544)
Net cash provided by operating activities - continuing operations	29,490	29,577
Net cash provided by operating activities - discontinued operations	(3,559)	(4,000)
Net cash provided by operating activities	25,931	25,577
Cash flows from investing activities
Expenditures for property, plant, and equipment	(15,806)	(16,914)
Expenditures for acquisitions, net of cash acquired	0	(96,768)
Other investing activity	1,515	2,520
Net cash (used in) investing activities	(14,291)	(111,162)
Net cash provided by (used in) investing activities - discontinued operations	9,414	1,996
Net cash (used in) investing activities	(4,877)	(109,166)
Cash flows from financing activities
Borrowings on revolving credit facility	106,500	206,650
Payments of revolving credit facility	(92,300)	(107,650)
Contingent consideration payment	(872)	(910)
Activity under share-based payment plans	1,577	952
Purchases of treasury stock	(9,008)	(19,239)
Cash dividends paid	(7,911)	(7,331)
Net cash provided by financing activities	(2,014)	72,472
Effect of exchange rate changes on cash and cash equivalents	(2,888)	(2,444)
Net change in cash and cash equivalents	16,152	(13,561)
Cash and cash equivalents at beginning of year	93,145	109,602
Cash and cash equivalents at end of period	109,297	96,041
Supplemental Disclosure of Cash Flow Information:
Interest	5,028	7,574
Income taxes, net of refunds	$ 16,194	$ 8,027

Note 1 - Management Statement

Note 1 - Management Statement	9 Months Ended
	Mar. 31, 2020
Notes to Financial Statements
Business Description and Basis of Presentation [Text Block]	1 In the opinion of management, the accompanying unaudited condensed consolidated financial statements contain all adjustments necessary to present fairly the results of operations for the three nine March 31, 2020 2019 nine March 31, 2020 2019 March 31, 2020 not not not June 30, 2019. June 30, 2019 not 10 June 30, 2019. Certain prior period amounts have been reclassified to conform to the current period presentation. In pursuing our business strategy, we have divested certain businesses and recorded activities of these businesses as discontinued operations. During the third 2020, two 205 20 45 March 31 two The Company considers events or transactions that occur after the balance sheet date but before the financial statements are issued to provide additional evidence relative to certain estimates or to identify matters that require additional disclosure. We evaluated subsequent events through the date and time our unaudited condensed consolidated financial statements were issued. Recently Issued Accounting Pronouncements In January 2017, 2017 04, Simplifying the Test for Goodwill Impairment two 2017 04 2017 04 December 15, 2019. 2017 04 In March 2020, 2020 04, Facilitation of the Effects of Reference Rate Reform on Financial Reporting 2020 04 March 12, 2020 December 31, 2022. 2020 04 In June 2016, 2016 13, 326 November 2019, 2019 11, 326, 2019 11 2016 10. 2016 03. December 15, 2019 2016 13 2019 11

Note 2 - Acquisitions

Note 2 - Acquisitions	9 Months Ended
	Mar. 31, 2020
Notes to Financial Statements
Business Combination Disclosure [Text Block]	2 cquisitions The Company’s recent acquisitions are strategically significant to the future growth prospects of the Company. At the time of the acquisition and March 31, 2020 GS Engineering During the fourth 2019, The Company paid $30.5 million in cash for all of the issued and outstanding equity interests of GS Engineering. The purchase price was allocated to the net tangible and identifiable intangible assets acquired and liabilities assumed based on an estimate of their fair values on the closing date. The Company completed a formal valuation of the acquired assets and liabilities and has updated the preliminary intangible assets based on the preliminary valuation results. Goodwill from the transaction is attributable to the utilization of the GS technology across the Company's global production footprint in order to enable customers worldwide to benefit from a combined offering for harmonized designs across a variety of surfaces and materials. Intangible assets of $9.1 million are preliminarily recorded, consisting of $5.6 million for developed technology to be amortized over a period of 15 years, $0.9 million for indefinite lived trademarks, and $2.6 million of customer relationships to be amortized over 12 years. The goodwill of $14.7 million created by the transaction is deductible for income tax purposes. The components of the fair value of the GS Engineering acquisition, including the allocation of the purchase price at March 31, 2020 Preliminary Allocation June 30, 2019 Adjustments Adjusted Allocation March 31, 2020 Fair value of business combination: Cash payments $ 30,502 $ - $ 30,502 Less, cash acquired (622 ) - (622 ) Total $ 29,880 $ - $ 29,880 Preliminary Allocation June 30, 2019 Adjustments Adjusted Allocation March 31, 2020 Identifiable assets acquired and liabilities assumed: Other acquired assets $ 2,197 $ (72 ) $ 2,125 Inventories 228 168 396 Customer Backlog 180 (180 ) - Property, plant, & equipment 1,391 3,179 4,570 Identifiable intangible assets 8,910 200 9,110 Goodwill 17,976 (3,295 ) 14,681 Liabilities assumed (1,002 ) - (1,002 ) Total $ 29,880 $ - $ 29,880 Agile Magnetics On the last business day of the first 2019, The Company paid $39.2 million in cash for all of the issued and outstanding equity interests of Agile. The purchase price was allocated to the net tangible and identifiable intangible assets acquired and liabilities assumed based on the fair values on the closing date. Goodwill recorded from this transaction is attributable to expanded capabilities of the combined organization which will allow for improved responsiveness to customer demands via a larger pool of engineering resources and local manufacturing. Intangible assets of $17.4 million are recorded, consisting of $13.5 million of customer relationships to be amortized over a period of 13 years, $3.8 million for indefinite lived trademarks, and $0.1 million for a non-compete arrangement to be amortized over 5 years. The goodwill of $16.4 million recorded in connection with the transaction is deductible for income tax purposes. The Company’s assigned fair values were final as of September 30, 2019. The components of the fair value of the Agile acquisition, including the final allocation of the purchase price at September 30, 2019, Preliminary Allocation December 31, 2018 Adjustments Final Allocation Fair value of business combination: Cash payments $ 39,194 $ - $ 39,194 Less, cash acquired (1 ) - (1 ) Total $ 39,193 $ - $ 39,193 Preliminary Allocation December 31, 2019 Adjustments Final Allocation Identifiable assets acquired and liabilities assumed: Other acquired assets $ 1,928 $ (35 ) $ 1,893 Inventories 2,506 268 2,774 Customer Backlog - 200 200 Property, plant, & equipment 1,318 (348 ) 970 Identifiable intangible assets 13,718 3,632 17,350 Goodwill 20,142 (3,708 ) 16,434 Liabilities assumed (419 ) (9 ) (428 ) Total $ 39,193 $ - $ 39,193 Tenibac-Graphion Inc. During August 2019, The Company paid $57.3 million in cash for all of the issued and outstanding equity interests of Tenibac. The 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 the complementary services that the combined business can now offer to customers, through increased responsiveness to customer demands, and providing innovative approaches to solving customer needs by offering a full line of mold and tool services to customers. Intangible assets of $16.9 million are recorded, consisting of $11.3 million of customer relationships to be amortized over a period of 15 years, $4.2 million for indefinite lived trademarks, and $1.4 million of other intangibles assets to be amortized over 5 years. The Company’s assigned fair values were final as of June 30, 2019. The components of the fair value of the Tenibac acquisition, including the final allocation of the purchase price are as follows (in thousands): Preliminary Allocation December 31, 2019 Adjustments Final Allocation Fair value of business combination: Cash payments $ 57,284 $ - $ 57,284 Less cash acquired (558 ) - (558 ) Total $ 56,726 $ - $ 56,726 Preliminary Allocation December 31, 2019 Adjustments Final Allocation Identifiable assets acquired and liabilities assumed: Other acquired assets $ 5,023 $ (1,253 ) $ 3,770 Inventories 324 - 324 Customer backlog 1,000 (800 ) 200 Property, plant, & equipment 2,490 (19 ) 2,471 Identifiable intangible assets 15,960 900 16,860 Goodwill 32,949 1,411 34,360 Liabilities assumed (1,020 ) (239 ) (1,259 ) Total $ 56,726 $ - $ 56,726 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 the acquisition of Horizon Scientific on October 16, 2016, second third three nine March 31, 2020 second 2020, Acquisition related costs consist of miscellaneous professional service fees and expenses for our recent acquisitions. The components of acquisition-related costs are as follows (in thousands): Three Months Ended Nine Months Ended March 31, March 31, 2020 2019 2020 2019 Deferred compensation arrangements $ - $ 703 $ 1,170 $ 2,107 Other acquisition-related costs 120 102 480 245 Total $ 120 $ 805 $ 1,650 $ 2,352

Note 3 - Revenue From Contracts

Note 3 - Revenue From Contracts With Customers	9 Months Ended
	Mar. 31, 2020
Notes to Financial Statements
Revenue from Contract with Customer [Text Block]	3 Effective July 1, 2018, No. 2014 09, 606 not June 30, 2018. 606 Most of the Company’s contracts have a single performance obligation which represents the product or service being sold to the customer. Some contracts include multiple performance obligations such as a product and the related installation and/or extended warranty. Additionally, most of the Company’s contracts offer assurance type warranties in connection with the sale of a product to customers. Assurance type warranties provide a customer with assurance that the product complies with agreed-upon specifications. Assurance type warranties do not In general, the Company recognizes revenue at the point in time control transfers to its customer based on predetermined shipping terms. Revenue recognized under long-term contracts within the Engineering Technologies group for highly customized customer products that have no Disaggregation of Revenue from Contracts with Customers The following table presents revenue disaggregated by product line and segment (in thousands): Three Months Ended Revenue by Product Line March 31, 2020 March 31, 2019 Electronics $ 48,069 $ 50,197 Engraving Services 31,893 34,505 Engraving Products 3,538 2,630 Total Engraving 35,431 37,135 Engineering Technologies Components 26,730 27,467 Hydraulics Cylinders and Systems 13,549 15,106 Refrigeration 14,670 13,539 Merchandising & Display 7,719 7,645 Pumps 9,306 9,366 Total Food Service Equipment 31,695 30,550 Total Revenue by Product Line $ 155,474 $ 160,455 The following table presents revenue disaggregated by product line and segment (in thousands): Nine Months Ended Revenue by Product Line March 31, 2020 March 31, 2019 Electronics $ 140,521 $ 154,347 Engraving Services 103,630 104,159 Engraving Products 8,488 7,443 Total Engraving 112,118 111,602 Engineering Technologies Components 77,869 71,818 Hydraulics Cylinders and Systems 38,613 39,758 Refrigeration 44,834 42,329 Merchandising & Display 26,234 25,874 Pumps 24,961 25,461 Total Food Service Equipment 96,029 93,664 Total Revenue by Product Line $ 465,150 $ 471,189 The following table presents revenue from continuing operations disaggregated by geography based on company’s locations (in thousands): Three Months Ended Nine Months Ended Net sales March 31, 2020 March 31, 2020 United States $ 95,643 $ 282,146 Asia Pacific 22,583 71,495 EMEA (1) 33,781 100,543 Other Americas 3,467 10,966 Total $ 155,474 $ 465,150 ( 1 The following table presents revenue from continuing operations disaggregated by timing of recognition (in thousands): Three Months Ended Timing of Revenue Recognition March 31, 2020 March 31, 2019 Products and services transferred at a point in time $ 145,498 $ 151,634 Products transferred over time 9,976 8,821 Net Sales $ 155,474 $ 160,455 Nine Months Ended Timing of Revenue Recognition March 31, 2020 March 31, 2019 Products and services transferred at a point in time $ 439,222 $ 449,757 Products transferred over time 25,928 21,432 Net Sales $ 465,150 $ 471,189 Contract Balances Contract assets represent sales recognized in excess of billings related to work completed but not not The following table provides information about contract assets and liability balances as of March 31, 2020 Balance at Beginning of Period Additions Deductions Balance at End of Period Nine months ended March 31, 2020 Contract assets: Prepaid and other current assets 8,418 25,683 24,213 9,888 Contract liabilities: Customer deposits 1,358 8,567 7,942 1,983 During the three nine March 31, 2020 March 31, 2020 Revenue recognized in the period from: Three months ended Nine months ended Amounts included in the contract liability balance at the beginning of the period $1,628 $1,358 The timing of revenue recognition, invoicing and cash collections results in billed receivables, contract assets and contract liabilities on the consolidated balance sheets. When consideration is received from a customer prior to transferring goods or services to the customer under the terms of a contract, a contract liability is recorded. Contract liabilities are recognized as revenue after control of the goods and services are transferred to the customer and all revenue recognition criteria have been met.

Note 4 - Fair Value Measurement

Note 4 - Fair Value Measurements	9 Months Ended
	Mar. 31, 2020
Notes to Financial Statements
Fair Value Disclosures [Text Block]	4 The financial instruments shown below are presented at fair value. Fair value is defined as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. Where available, fair value is based on observable market prices or parameters or derived from such prices or parameters. Where observable prices or inputs are not 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 Level 2 Level 3 There were no March 31, 2020 June 30, 2019. Cash and cash equivalents, accounts receivable, and accounts payable are carried at cost, which approximates fair value. Items presented at fair value at March 31, 2020 June 30, 2019 March 31, 2020 Total Level 1 Level 2 Level 3 Assets Marketable securities - deferred compensation plan $ 2,067 $ 2,067 $ - $ - Liabilities Foreign exchange contracts $ 1,925 $ - $ 1,925 $ - Interest rate swaps 5,512 - 5,512 - Contingent acquisition payments (a) 1,328 - - 1,328 June 30, 2019 Total Level 1 Level 2 Level 3 Assets Marketable securities - deferred compensation plan $ 2,354 $ 2,354 $ - $ - Foreign exchange contracts - - - - Interest rate swaps 52 - 52 - Liabilities Foreign exchange contracts $ 3,052 $ - $ 3,052 $ - Interest rate swaps 1,432 - 1,432 - Contingent acquisition payments (a) 6,418 - - 6,418 (a) Our financial liabilities based upon Level 3 second third second third second 2019 2020. March 31, 2020. first three first second first 2019 second 2020. five March 31, 2020, not We will update our assumptions each reporting period based on new developments and record such amounts at fair value based on the revised assumptions until the consideration is paid. As of March 31, 2020,

Note 5 - Discontinued Operation

Note 5 - Discontinued Operations	9 Months Ended
	Mar. 31, 2020
Notes to Financial Statements
Disposal Groups, Including Discontinued Operations, Disclosure [Text Block]	5 In pursuing our business strategy, the Company continues to divest certain businesses and record activities of these businesses as discontinued operations. During the third 2020, April 16, 2020. During the first 2019, second 2019, third 2019, three The transaction closed on March 31, 2019 not March 31, 2019. Results of the Refrigerated Solutions Group in current and prior periods and results of the Cooking Solutions Group in prior periods have been classified as discontinued operations in the Condensed Consolidated Financial Statements and excluded from the results of continuing operations. Activity related to the Refrigerated Solutions Group, the Cooking Solutions Group, and other discontinued operations for the three nine March 31, 2020 2019 Three Months Ended Nine Months Ended March 31, March 31, 2020 2019 2020 2019 Net Sales $ 31,565 $ 57,367 $ 108,918 $ 183,566 Gain on Sale of Business, Cooking Solutions Group $ - $ 20,539 $ - $ 20,539 Asset Impairment Charge $ (19,996 ) $ - $ (19,996 ) $ - Income (Loss) from Operations $ (22,422 ) $ 14,412 $ (19,891 ) $ 18,075 Profit (Loss) Before Taxes $ (22,422 ) $ 14,645 $ (19,891 ) $ 17,305 Benefit (Provision) for Taxes $ 4,047 2,969 $ 3,329 2,542 Net income (loss) from Discontinued Operations $ (18,375 ) $ 17,614 $ (16,562 ) $ 19,847 Assets and liabilities related to our discontinued operations that appear in the condensed consolidated balance sheets are as follows (in thousands): March 31, 2020 June 30, 2019 Accounts receivable $ 12,857 $ 16,215 Inventories 22,977 12,343 Prepaid expenses 1,684 9,052 Total current assets 37,518 37,610 Property, plant, equipment, net 787 13,785 Intangible assets, net 921 - Goodwill - 7,660 Other non-current assets 3,171 584 Total non-current assets 4,879 22,029 Total assets 42,397 59,639 Accounts payable 14,998 18,402 Accrued and Other short-term liabilities 11,364 13,101 Total current liabilities 26,362 31,503 Non-current liabilities 2,720 2,223 Total liabilities 29,082 33,726 Net assets $ 13,315 $ 25,913

Note 6 - Inventories

Note 6 - Inventories	9 Months Ended
	Mar. 31, 2020
Notes to Financial Statements
Inventory Disclosure [Text Block]	6 Inventories from continuing operations are comprised of the following (in thousands): March 31, 2020 June 30, 2019 Raw materials $ 38,791 $ 34,902 Work in process 28,250 26,213 Finished goods 18,233 15,187 Total $ 85,274 $ 76,302 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 $2.0 million and $7.0 million for the three nine March 31, 2020 three nine March 31, 2019

Note 7 - Goodwill

Note 7 - Goodwill	9 Months Ended
	Mar. 31, 2020
Notes to Financial Statements
Goodwill Disclosure [Text Block]	7 ) Goodwill Changes to goodwill during the period ended March 31, 2020 June 30, 2019 Discontinued Operations Continuing Ops June 30, 2019 Acquisitions Translation Adjustment March 31, 2020 Electronics 131,317 131,317 820 (894 ) $ 131,243 Engraving $ 79,776 $ 79,776 $ (3,295 ) $ (232 ) $ 76,249 Engineering Technologies 43,890 43,890 - (198 ) $ 43,692 Hydraulics 3,059 3,059 - - $ 3,059 Food Service Equipment 23,461 (7,660 ) 15,801 - - $ 15,801 Total $ 281,503 $ (7,660 ) $ 273,843 $ (2,475 ) $ (1,324 ) $ 270,044 Due to the impact that the COVID- 19 one third no third 2020

Note 8 - Intangible Assets

Note 8 - Intangible Assets	9 Months Ended
	Mar. 31, 2020
Notes to Financial Statements
Intangible Assets Disclosure [Text Block]	8 Intangible assets consist of the following (in thousands): Customer Relationships Tradenames (Indefinite-lived) Developed Technology Other Total March 31, 2020 Cost $ 74,079 $ 19,849 $ 55,325 $ 5,476 $ 154,729 Accumulated amortization (29,349 ) - (11,983 ) (4,133 ) (45,465 ) Balance, March 31, 2020 $ 44,730 $ 19,849 $ 43,342 $ 1,343 $ 109,264 June 30, 2019 Cost $ 75,018 $ 19,977 $ 55,164 $ 5,492 $ 155,651 Accumulated amortization (24,476 ) - (8,765 ) (3,750 ) (36,991 ) Balance, June 30, 2019 $ 50,542 $ 19,977 $ 46,399 $ 1,742 $ 118,660 Amortization expense for the three March 31, 2020 2019 nine March 31, 2020 2019 March 31, 2020, 2020, 2021, 2022, 2023, 2024

Note 9 - Warranties

Note 9 - Warranties	9 Months Ended
	Mar. 31, 2020
Notes to Financial Statements
Product Warranty Disclosure [Text Block]	9 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 from continuing operations, which are recorded as a component of accrued liabilities, as of March 31, 2020 and June 30, 2019 March 31, 2020 June 30, 2019 Balance at beginning of year $ 1,911 $ 1,849 Acquisitions and other (103 ) (85 ) Warranty expense 1,734 2,346 Warranty claims (1,735 ) (2,199 ) Balance at end of period $ 1,807 $ 1,911

Note 10 - Debt

Note 10 - Debt	9 Months Ended
	Mar. 31, 2020
Notes to Financial Statements
Debt Disclosure [Text Block]	10 ) Debt Long-term debt is comprised of the following (in thousands): March 31, 2020 June 30, 2019 Bank credit agreements $ 213,000 $ 198,800 Total funded debt 213,000 198,800 Issuance Cost (935 ) (1,190 ) Total long-term debt $ 212,065 $ 197,610 The Company’s debt payments are due as follows (in thousands): Fiscal Year March 31, 2020 2020 $ - 2021 - 2022 - 2023 - 2024 213,000 Thereafter - Total Debt 213,000 Issuance cost (935 ) Debt net of issuance cost $ 212,065 Bank Credit Agreements During the second 2019, five At March 31, 2020, March 31, 2020,

Note 11 - Derivative Financial

Note 11 - Derivative Financial Instruments	9 Months Ended
	Mar. 31, 2020
Notes to Financial Statements
Derivative Instruments and Hedging Activities Disclosure [Text Block]	11 Derivative Financial Instruments The Company is exposed to market risks from changes in interest rates, commodity prices and changes in foreign currency rates. We selectively use derivative financial instruments in order to manage these risks. Information about the Company’s derivative financial instruments is as follows: 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 $175 million of debt due under our revolving credit agreement from a variable rate equal to LIBOR to a weighted average fixed rate of 1.43% at March 31, 2020 Effective Date Notional Amount Fixed Interest Rate Maturity March 31, 2020 June 30, 2019 December 19, 2015 10,000 2.01 % December 19, 2019 $ - $ 3 May 24, 2017 25,000 1.88 % April 24, 2022 (848 ) (190 ) May 24, 2017 25,000 1.67 % May 24, 2020 (35 ) 49 August 6, 2018 25,000 2.83 % August 6, 2023 (2,169 ) (1,242 ) March 23, 2020 100,000 0.91 % March 23, 2025 (1,673 ) - April 24, 2020 25,000 0.88 % April 24, 2025 (377 ) - May 24, 2020 25,000 0.91 % March 24, 2025 (410 ) - $ (5,512 ) $ (1,380 ) The Company reported no losses for the three nine March 31, 2020 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 March 31, 2020 June 30, 2019, 2020 2023, The notional amounts of the Company’s forward contracts, by currency, are as follows: Currency March 31, 2020 June 30, 2019 USD 46,278 55,015 EUR 5,750 5,750 CAD 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 March 31, 2020 June 30, 2019 Derivative designated Balance Balance as hedging instruments Sheet Sheet Line Item Fair Value Line Item Fair Value Interest rate swaps Other Assets $ - Other Assets $ 52 Foreign exchange contracts Other Assets - Other Assets - $ - $ 52 Liability Derivatives March 31, 2020 June 30, 2019 Derivative designated Balance Balance as hedging instruments Sheet Sheet Line Item Fair Value Line Item Fair Value Interest rate swaps Accrued Liabilities $ 5,512 Accrued Liabilities $ 1,432 Foreign exchange contracts Accrued Liabilities 1,925 Accrued Liabilities 3,052 $ 7,437 $ 4,484 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 Nine Months Ended March 31, March 31, 2020 2019 2020 2019 Interest rate swaps $ (2,393 ) $ (693 ) $ (2,836 ) $ (1,365 ) Foreign exchange contracts 798 2,142 1,004 (861 ) $ (1,595 ) $ 1,449 $ (1,832 ) $ (2,226 ) 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 Nine Months Ended in the Unaudited Income (Loss) Components March 31, March 31, Condensed Statements 2020 2019 2020 2019 of Operations Interest rate swaps $ 106 $ (84 ) $ 135 $ (246 ) Interest expense Foreign exchange contracts (2,216 ) (422 ) (2,264 ) 2,012 Interest expense Net investment hedge - (435 ) - (435 ) $ (2,110 ) $ (941 ) $ (2,129 ) $ 1,331

Note 12 - Retirement Benefits

Note 12 - Retirement Benefits	9 Months Ended
	Mar. 31, 2020
Notes to Financial Statements
Retirement Benefits [Text Block]	12 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 nine March 31, 2020 2019 U.S. Plans Non-U.S. Plans Three Months Ended Three Months Ended March 31, March 31, 2020 2019 2020 2019 Service cost $ 1 $ 1 $ 10 $ 9 Interest cost 2,271 2,586 214 254 Expected return on plan assets (3,288 ) (3,385 ) (222 ) (229 ) Recognized net actuarial loss 1,275 1,030 165 86 Net periodic benefit cost $ 259 $ 232 $ 167 $ 120 U.S. Plans Non-U.S. Plans Nine Months Ended Nine Months Ended March 31, March 31, 2020 2019 2020 2019 Service cost $ 3 $ 3 $ 29 $ 26 Interest cost 6,813 7,757 632 757 Expected return on plan assets (9,863 ) (10,156 ) (654 ) (682 ) Recognized net actuarial loss 3,826 3,091 488 256 Net periodic benefit cost $ 779 $ 695 $ 495 $ 357 The contributions made to defined benefit plans for the three nine March 31, 2020 2019 2020 Fiscal Year 2020 Fiscal Year 2019 Remaining Three Months Ended Nine Months Ended Three Months Ended Nine Months Ended Contributions Contributions to defined benefit plans March 31, 2020 March 31, 2020 March 31, 2019 March 31, 2019 FY 2020 United States, funded plan $ 1,468 $ 2,936 $ - $ - $ - United States, unfunded plan 54 166 56 169 50 United Kingdom - 381 196 582 - Germany, unfunded plan - - - - 279 Ireland - - - - 63 $ 1,522 $ 3,483 $ 252 $ 751 $ 392 The Company has elected to take advantage of provisions in the United States Coronavirus Aid, Relief, and Economic Security (“CARES”) Act which allows for deferral until January 1, 2021 2020. fourth 2020 January 2021.

Note 13 - Income Taxes

Note 13 - Income Taxes	9 Months Ended
	Mar. 31, 2020
Notes to Financial Statements
Income Tax Disclosure [Text Block]	1 3 ) Income Taxes The Company's effective tax rate from continuing operations for the third 2020 2020 The Company's effective tax rate from continuing operations for the nine March 31, 2020 2020. The Company has settled all issues related to its most recent audit by the IRS for the fiscal years ending June 30, 2016 2017, 19

Note 14 - Earnings Per Share

Note 14 - Earnings Per Share	9 Months Ended
	Mar. 31, 2020
Notes to Financial Statements
Earnings Per Share [Text Block]	1 4 ) 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 Nine Months Ended March 31, March 31, 2020 2019 2020 2019 Basic - Average shares outstanding 12,337 12,530 12,348 12,626 Dilutive effect of unvested, restricted stock awards 60 44 65 61 Diluted - Average shares outstanding 12,397 12,574 12,413 12,687 Earnings available to common stockholders are the same for computing both basic and diluted earnings per share. No options to purchase common stock were excluded as anti-dilutive from the calculation of diluted earnings per share for the three nine March 31, 2020 2019 Performance stock units of 79,390 and 68,933 for the nine March 31, 2020 2019 not

Note 15 - Comprehensive Income

Note 15 - Comprehensive Income (Loss)	9 Months Ended
	Mar. 31, 2020
Notes to Financial Statements
Comprehensive Income (Loss) Note [Text Block]	1 5 ) Comprehensive Income (L oss) The components of the Company’s accumulated other comprehensive income (loss) are as follows (in thousands): March 31, 2020 June 30, 2019 Foreign currency translation adjustment $ (33,518 ) $ (27,658 ) Unrealized pension losses, net of tax (103,861 ) (107,380 ) Unrealized losses on derivative instruments, net of tax (5,537 ) (2,240 ) Total $ (142,916 ) $ (137,278 )

Note 16 - Contingencies

Note 16 - Contingencies	9 Months Ended
	Mar. 31, 2020
Notes to Financial Statements
Contingencies Disclosure [Text Block]	1 6 ) 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 17 - Industry Segment Info

Note 17 - Industry Segment Information	9 Months Ended
	Mar. 31, 2020
Notes to Financial Statements
Segment Reporting Disclosure [Text Block]	1 7 ) Industry Segment Information The Company has determined that it has five reportable segments organized around the types of product sold: • Electronics - manufacturing of electronic components for applications throughout the end-user market spectrum; • Engraving – provides mold texturizing, slush molding tools, tool finishing, project management and design services, 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 space markets. • Hydraulics – manufacturing of single and double-acting telescopic and piston rod hydraulic cylinders; and • Food Service Equipment – a manufacturer of commercial food service equipment and scientific refrigeration equipment; Net sales and income (loss) from continuing operations by segment for the three nine March 31, 2020 2019 Three Months Ended March 31, Net Sales Income from Operations 2020 2019 2020 2019 Segment: Electronics $ 48,069 $ 50,197 $ 8,017 $ 9,418 Engraving 35,431 37,135 4,472 4,485 Engineering Technologies 26,730 27,467 3,098 2,800 Hydraulics 13,549 15,106 2,354 2,242 Food Service Equipment 31,695 30,550 5,729 5,361 Corporate (6,048 ) (6,104 ) Restructuring costs (593 ) (549 ) Acquisition-related costs (120 ) (805 ) Other operating (income) expense, net - Sub-total $ 155,474 $ 160,455 $ 16,909 $ 16,848 Interest expense (1,774 ) (3,230 ) Other non-operating expense 238 (679 ) Income from continuing operations before income taxes $ 15,373 $ 12,939 Nine Months Ended March 31, Net Sales Income from Operations 2020 2019 2020 2019 Segment: Electronics $ 140,521 $ 154,347 $ 23,892 $ 32,581 Engraving 112,118 111,602 17,925 18,883 Engineering Technologies 77,869 71,818 9,879 6,636 Hydraulics 38,613 39,758 6,698 5,753 Food Service Equipment 96,029 93,664 19,134 17,224 Corporate (22,688 ) (17,847 ) Restructuring costs (2,792 ) (826 ) Acquisition-related costs (1,650 ) (2,352 ) Other operating (income) expense, net - Sub-total $ 465,150 $ 471,189 $ 50,398 $ 60,052 Interest expense (5,820 ) (8,598 ) Other non-operating income 566 (1,694 ) Income from continuing operations before income taxes $ 45,144 $ 49,760 Net sales include only transactions with unaffiliated customers and include no The Company’s identifiable assets at March 31, 2020 June 30, 2019 March 31, 2020 June 30, 2019 Electronics $ 328,855 $ 332,326 Engraving 260,520 233,569 Engineering Technologies 151,801 149,628 Hydraulics 27,665 28,132 Food Service Equipment 105,032 100,017 Corporate & Other 40,652 18,578 Discontinued Operations 42,397 59,639 Total $ 956,922 $ 921,889

Note 18 - Restructuring

Note 18 - Restructuring	9 Months Ended
	Mar. 31, 2020
Notes to Financial Statements
Restructuring and Related Activities Disclosure [Text Block]	18 The Company has undertaken cost reduction and facility consolidation initiatives that have resulted in severance, restructuring, and related charges. 2020 The Company continues to focus our efforts to reduce cost and improve productivity across our businesses, particularly through headcount reductions, facility closures, and consolidations. Restructuring expenses primarily related to headcount reductions and facility rationalization within our Engraving segment. Thus far, during fiscal year 2020, third Prior Year Restructuring Initiatives During the fiscal year 2019, 1 2 3 A summary of charges by initiative is as follows (in thousands): Three Months Ended Nine Months Ended March 31, 2020 March 31, 2020 Fiscal 2020 Involuntary Employee Severance and Benefit Costs Other Total Involuntary Employee Severance and Benefit Costs Other Total Restructuring initiatives $413 $184 $597 $2,208 $529 $2,737 Prior year initiatives - (4 ) (4 ) - 55 55 $ 413 $ 180 $ 593 $ 2,208 $ 584 $ 2,792 Three Months Ended Nine Months Ended March 31, 2019 March 31, 2019 Fiscal 2019 Involuntary Employee Severance and Benefit Costs Other Total Involuntary Employee Severance and Benefit Costs Other Total Restructuring initiatives $ 497 $ 5 $ 502 $ 580 $ 5 $ 585 Prior year initiatives 47 - 47 130 111 241 $ 544 $ 5 $ 549 $ 710 $ 116 $ 826 Activity in the reserve related to the initiatives is as follows (in thousands): Current Year Initiatives Involuntary Employee Severance and Benefit Costs Other Total Restructuring liabilities at June 30, 2019 $ - $ - $ - Additions and adjustments 2,208 529 2,737 Payments (2,208 ) (464 ) (2,672 ) Restructuring liabilities at March 31, 2020 $ - $ 65 $ 65 Prior Year Initiatives Involuntary Employee Severance and Benefit Costs Other Total Restructuring liabilities at June 30, 2018 $ 147 $ 5 $ 152 Additions and adjustments - 56 56 Payments (147 ) (61 ) (208 ) Restructuring liabilities at March 31, 2019 $ - $ - $ - The Company’s total restructuring expenses by segment are as follows (in thousands): Three Months Ended Nine Months Ended March 31, 2020 March 31, 2020 Involuntary Employee Severance and Benefit Costs Other Total Involuntary Employee Severance and Benefit Costs Other Total Electronics $ 67 $ 69 $ 136 $ 67 $ 128 $ 195 Engraving 246 93 339 1,378 438 1,816 Engineering Technologies 15 - 15 15 - 15 Food Service Equipment 20 18 38 261 18 279 Corporate 65 - 65 487 - 487 $ 413 $ 180 $ 593 $ 2,208 $ 584 $ 2,792 Three Months Ended Nine Months Ended March 31, 2019 March 31, 2019 Involuntary Employee Severance and Benefit Costs Other Total Involuntary Employee Severance and Benefit Costs Other Total Electronics $ 296 $ 5 $ 301 $ 297 $ 17 $ 314 Engraving 173 - 173 239 - 239 Engineering Technologies - - - 17 99 116 Food Service Equipment - - - 20 - 20 Corporate 75 - 75 137 - 137 $ 544 $ 5 $ 549 $ 710 $ 116 $ 826 The Company expects to incur additional restructuring costs of approximately $1.5 million throughout the remainder of fiscal year 2020 19

Note 19 - Leases

Note 19 - Leases	9 Months Ended
	Mar. 31, 2020
Notes to Financial Statements
Lessee, Operating Leases [Text Block]	19 Effective July 1, 2019, 2016 02, Leases (Topic 842 840, 840” not At the inception of an arrangement, the Company determines whether the arrangement is or contains a lease based on the unique facts and circumstances present in the arrangement. Leases with a term greater than one not Operating lease liabilities and their corresponding right-of-use assets are initially recorded based on the present value of lease payments over the expected remaining lease term. The interest rate implicit in lease contracts is typically not not The Company has elected not one not Amounts (in thousands) recorded in the Company's Condensed Consolidated Balance Sheet and Statement of Operations related to leases are as follows: March 31, 2020 Assets ROU Assets (other assets) $ 40,901 Liabilities Current (accrued expense) $ 8,424 Other non-current liability 32,084 Total lease liability $ 40,508 In addition, the Company had assets and liabilities recorded in its Condensed Consolidated Balance Sheet related to leases classified as discontinued operations. As of March 31, 2020, Lease cost The components of lease costs for the three nine March 31, 2019 March 31, 2020 Three Months Ended Nine Months Ended March 31, 2020 March 31, 2020 Operating lease cost $ 2,569 $ 8,530 Maturity of lease liability The maturity of the Company's lease liabilities included in continuing operations at March 31, 2020 Operating Leases Remainder of 2020 $ 2,382 2021 8,233 2022 6,671 2023 4,667 2024 4,119 After 2024 19,516 Less: Interest (5,080 ) Present value of lease Liabilities $ 40,508 The Company will make future payments on leases that have not 2020 2021 The weighted average remaining lease term and discount rates are as follows: Lease Term and Discount Rate March 31, 2020 Weighted average remaining lease term (years) 9.76 Operating leases Weighted average discount rate (percentage) 2.73 Operating leases Other Information Supplemental cash flow information related to leases is as follows: Three Months Ended Nine Months Ended March 31, 2020 March 31, 2020 Operating cash flows from operating leases $ 1,701 $ 7,771 Total cash paid for amounts included in the measurement of lease liabilities 1,701 7,771

Note 2 - Acquisitions (Tables)

Note 2 - Acquisitions (Tables)	9 Months Ended
	Mar. 31, 2020
Notes Tables
Business Combination, Acquisition Related Costs [Table Text Block]	Three Months Ended Nine Months Ended March 31, March 31, 2020 2019 2020 2019 Deferred compensation arrangements $ - $ 703 $ 1,170 $ 2,107 Other acquisition-related costs 120 102 480 245 Total $ 120 $ 805 $ 1,650 $ 2,352
Tenibac-Graphion, Inc. [Member]
Notes Tables
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block]	Preliminary Allocation December 31, 2019 Adjustments Final Allocation Fair value of business combination: Cash payments $ 57,284 $ - $ 57,284 Less cash acquired (558 ) - (558 ) Total $ 56,726 $ - $ 56,726 Preliminary Allocation December 31, 2019 Adjustments Final Allocation Identifiable assets acquired and liabilities assumed: Other acquired assets $ 5,023 $ (1,253 ) $ 3,770 Inventories 324 - 324 Customer backlog 1,000 (800 ) 200 Property, plant, & equipment 2,490 (19 ) 2,471 Identifiable intangible assets 15,960 900 16,860 Goodwill 32,949 1,411 34,360 Liabilities assumed (1,020 ) (239 ) (1,259 ) Total $ 56,726 $ - $ 56,726
Agile Magnetics [Member]
Notes Tables
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block]	Preliminary Allocation December 31, 2018 Adjustments Final Allocation Fair value of business combination: Cash payments $ 39,194 $ - $ 39,194 Less, cash acquired (1 ) - (1 ) Total $ 39,193 $ - $ 39,193 Preliminary Allocation December 31, 2019 Adjustments Final Allocation Identifiable assets acquired and liabilities assumed: Other acquired assets $ 1,928 $ (35 ) $ 1,893 Inventories 2,506 268 2,774 Customer Backlog - 200 200 Property, plant, & equipment 1,318 (348 ) 970 Identifiable intangible assets 13,718 3,632 17,350 Goodwill 20,142 (3,708 ) 16,434 Liabilities assumed (419 ) (9 ) (428 ) Total $ 39,193 $ - $ 39,193
GS Engineering [Member]
Notes Tables
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block]	Preliminary Allocation June 30, 2019 Adjustments Adjusted Allocation March 31, 2020 Fair value of business combination: Cash payments $ 30,502 $ - $ 30,502 Less, cash acquired (622 ) - (622 ) Total $ 29,880 $ - $ 29,880 Preliminary Allocation June 30, 2019 Adjustments Adjusted Allocation March 31, 2020 Identifiable assets acquired and liabilities assumed: Other acquired assets $ 2,197 $ (72 ) $ 2,125 Inventories 228 168 396 Customer Backlog 180 (180 ) - Property, plant, & equipment 1,391 3,179 4,570 Identifiable intangible assets 8,910 200 9,110 Goodwill 17,976 (3,295 ) 14,681 Liabilities assumed (1,002 ) - (1,002 ) Total $ 29,880 $ - $ 29,880

Note 3 - Revenue From Contrac_2

Note 3 - Revenue From Contracts With Customers (Tables)	9 Months Ended
	Mar. 31, 2020
Notes Tables
Disaggregation of Revenue [Table Text Block]	Three Months Ended Revenue by Product Line March 31, 2020 March 31, 2019 Electronics $ 48,069 $ 50,197 Engraving Services 31,893 34,505 Engraving Products 3,538 2,630 Total Engraving 35,431 37,135 Engineering Technologies Components 26,730 27,467 Hydraulics Cylinders and Systems 13,549 15,106 Refrigeration 14,670 13,539 Merchandising & Display 7,719 7,645 Pumps 9,306 9,366 Total Food Service Equipment 31,695 30,550 Total Revenue by Product Line $ 155,474 $ 160,455 Nine Months Ended Revenue by Product Line March 31, 2020 March 31, 2019 Electronics $ 140,521 $ 154,347 Engraving Services 103,630 104,159 Engraving Products 8,488 7,443 Total Engraving 112,118 111,602 Engineering Technologies Components 77,869 71,818 Hydraulics Cylinders and Systems 38,613 39,758 Refrigeration 44,834 42,329 Merchandising & Display 26,234 25,874 Pumps 24,961 25,461 Total Food Service Equipment 96,029 93,664 Total Revenue by Product Line $ 465,150 $ 471,189 Three Months Ended Nine Months Ended Net sales March 31, 2020 March 31, 2020 United States $ 95,643 $ 282,146 Asia Pacific 22,583 71,495 EMEA (1) 33,781 100,543 Other Americas 3,467 10,966 Total $ 155,474 $ 465,150 Three Months Ended Timing of Revenue Recognition March 31, 2020 March 31, 2019 Products and services transferred at a point in time $ 145,498 $ 151,634 Products transferred over time 9,976 8,821 Net Sales $ 155,474 $ 160,455 Nine Months Ended Timing of Revenue Recognition March 31, 2020 March 31, 2019 Products and services transferred at a point in time $ 439,222 $ 449,757 Products transferred over time 25,928 21,432 Net Sales $ 465,150 $ 471,189
Contract with Customer, Contract Asset, Contract Liability, and Receivable [Table Text Block]	Balance at Beginning of Period Additions Deductions Balance at End of Period Nine months ended March 31, 2020 Contract assets: Prepaid and other current assets 8,418 25,683 24,213 9,888 Contract liabilities: Customer deposits 1,358 8,567 7,942 1,983 March 31, 2020 Revenue recognized in the period from: Three months ended Nine months ended Amounts included in the contract liability balance at the beginning of the period $1,628 $1,358

Note 4 - Fair Value Measureme_2

Note 4 - Fair Value Measurements (Tables)	9 Months Ended
	Mar. 31, 2020
Notes Tables
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block]	March 31, 2020 Total Level 1 Level 2 Level 3 Assets Marketable securities - deferred compensation plan $ 2,067 $ 2,067 $ - $ - Liabilities Foreign exchange contracts $ 1,925 $ - $ 1,925 $ - Interest rate swaps 5,512 - 5,512 - Contingent acquisition payments (a) 1,328 - - 1,328 June 30, 2019 Total Level 1 Level 2 Level 3 Assets Marketable securities - deferred compensation plan $ 2,354 $ 2,354 $ - $ - Foreign exchange contracts - - - - Interest rate swaps 52 - 52 - Liabilities Foreign exchange contracts $ 3,052 $ - $ 3,052 $ - Interest rate swaps 1,432 - 1,432 - Contingent acquisition payments (a) 6,418 - - 6,418

Note 5 - Discontinued Operati_2

Note 5 - Discontinued Operations (Tables)	9 Months Ended
	Mar. 31, 2020
Notes Tables
Disposal Groups, Including Discontinued Operations [Table Text Block]	Three Months Ended Nine Months Ended March 31, March 31, 2020 2019 2020 2019 Net Sales $ 31,565 $ 57,367 $ 108,918 $ 183,566 Gain on Sale of Business, Cooking Solutions Group $ - $ 20,539 $ - $ 20,539 Asset Impairment Charge $ (19,996 ) $ - $ (19,996 ) $ - Income (Loss) from Operations $ (22,422 ) $ 14,412 $ (19,891 ) $ 18,075 Profit (Loss) Before Taxes $ (22,422 ) $ 14,645 $ (19,891 ) $ 17,305 Benefit (Provision) for Taxes $ 4,047 2,969 $ 3,329 2,542 Net income (loss) from Discontinued Operations $ (18,375 ) $ 17,614 $ (16,562 ) $ 19,847 March 31, 2020 June 30, 2019 Accounts receivable $ 12,857 $ 16,215 Inventories 22,977 12,343 Prepaid expenses 1,684 9,052 Total current assets 37,518 37,610 Property, plant, equipment, net 787 13,785 Intangible assets, net 921 - Goodwill - 7,660 Other non-current assets 3,171 584 Total non-current assets 4,879 22,029 Total assets 42,397 59,639 Accounts payable 14,998 18,402 Accrued and Other short-term liabilities 11,364 13,101 Total current liabilities 26,362 31,503 Non-current liabilities 2,720 2,223 Total liabilities 29,082 33,726 Net assets $ 13,315 $ 25,913

Note 6 - Inventories (Tables)

Note 6 - Inventories (Tables)	9 Months Ended
	Mar. 31, 2020
Notes Tables
Schedule of Inventory, Current [Table Text Block]	March 31, 2020 June 30, 2019 Raw materials $ 38,791 $ 34,902 Work in process 28,250 26,213 Finished goods 18,233 15,187 Total $ 85,274 $ 76,302

Note 7 - Goodwill (Tables)

Note 7 - Goodwill (Tables)	9 Months Ended
	Mar. 31, 2020
Notes Tables
Schedule of Goodwill [Table Text Block]	June 30, 2019 Discontinued Operations Continuing Ops June 30, 2019 Acquisitions Translation Adjustment March 31, 2020 Electronics 131,317 131,317 820 (894 ) $ 131,243 Engraving $ 79,776 $ 79,776 $ (3,295 ) $ (232 ) $ 76,249 Engineering Technologies 43,890 43,890 - (198 ) $ 43,692 Hydraulics 3,059 3,059 - - $ 3,059 Food Service Equipment 23,461 (7,660 ) 15,801 - - $ 15,801 Total $ 281,503 $ (7,660 ) $ 273,843 $ (2,475 ) $ (1,324 ) $ 270,044

Note 8 - Intangible Assets (Tab

Note 8 - Intangible Assets (Tables)	9 Months Ended
	Mar. 31, 2020
Notes Tables
Schedule of Intangible Assets, Excluding Goodwill [Table Text Block]	Customer Relationships Tradenames (Indefinite-lived) Developed Technology Other Total March 31, 2020 Cost $ 74,079 $ 19,849 $ 55,325 $ 5,476 $ 154,729 Accumulated amortization (29,349 ) - (11,983 ) (4,133 ) (45,465 ) Balance, March 31, 2020 $ 44,730 $ 19,849 $ 43,342 $ 1,343 $ 109,264 June 30, 2019 Cost $ 75,018 $ 19,977 $ 55,164 $ 5,492 $ 155,651 Accumulated amortization (24,476 ) - (8,765 ) (3,750 ) (36,991 ) Balance, June 30, 2019 $ 50,542 $ 19,977 $ 46,399 $ 1,742 $ 118,660

Note 9 - Warranties (Tables)

Note 9 - Warranties (Tables)	9 Months Ended
	Mar. 31, 2020
Notes Tables
Schedule of Product Warranty Liability [Table Text Block]	March 31, 2020 June 30, 2019 Balance at beginning of year $ 1,911 $ 1,849 Acquisitions and other (103 ) (85 ) Warranty expense 1,734 2,346 Warranty claims (1,735 ) (2,199 ) Balance at end of period $ 1,807 $ 1,911

Note 10 - Debt (Tables)

Note 10 - Debt (Tables)	9 Months Ended
	Mar. 31, 2020
Notes Tables
Schedule of Long-term Debt Instruments [Table Text Block]	March 31, 2020 June 30, 2019 Bank credit agreements $ 213,000 $ 198,800 Total funded debt 213,000 198,800 Issuance Cost (935 ) (1,190 ) Total long-term debt $ 212,065 $ 197,610
Schedule of Maturities of Long-term Debt [Table Text Block]	Fiscal Year March 31, 2020 2020 $ - 2021 - 2022 - 2023 - 2024 213,000 Thereafter - Total Debt 213,000 Issuance cost (935 ) Debt net of issuance cost $ 212,065

Note 11 - Derivative Financia_2

Note 11 - Derivative Financial Instruments (Tables)	9 Months Ended
	Mar. 31, 2020
Notes Tables
Schedule of Interest Rate Derivatives [Table Text Block]	Effective Date Notional Amount Fixed Interest Rate Maturity March 31, 2020 June 30, 2019 December 19, 2015 10,000 2.01 % December 19, 2019 $ - $ 3 May 24, 2017 25,000 1.88 % April 24, 2022 (848 ) (190 ) May 24, 2017 25,000 1.67 % May 24, 2020 (35 ) 49 August 6, 2018 25,000 2.83 % August 6, 2023 (2,169 ) (1,242 ) March 23, 2020 100,000 0.91 % March 23, 2025 (1,673 ) - April 24, 2020 25,000 0.88 % April 24, 2025 (377 ) - May 24, 2020 25,000 0.91 % March 24, 2025 (410 ) - $ (5,512 ) $ (1,380 )
Schedule of Foreign Exchange Contracts, Statement of Financial Position [Table Text Block]	Currency March 31, 2020 June 30, 2019 USD 46,278 55,015 EUR 5,750 5,750 CAD 20,600 20,600
Schedule of Derivative Instruments, Effect on Other Comprehensive Income (Loss) [Table Text Block]	Asset Derivatives March 31, 2020 June 30, 2019 Derivative designated Balance Balance as hedging instruments Sheet Sheet Line Item Fair Value Line Item Fair Value Interest rate swaps Other Assets $ - Other Assets $ 52 Foreign exchange contracts Other Assets - Other Assets - $ - $ 52 Liability Derivatives March 31, 2020 June 30, 2019 Derivative designated Balance Balance as hedging instruments Sheet Sheet Line Item Fair Value Line Item Fair Value Interest rate swaps Accrued Liabilities $ 5,512 Accrued Liabilities $ 1,432 Foreign exchange contracts Accrued Liabilities 1,925 Accrued Liabilities 3,052 $ 7,437 $ 4,484
Derivative Instruments, Gain (Loss) [Table Text Block]	Three Months Ended Nine Months Ended March 31, March 31, 2020 2019 2020 2019 Interest rate swaps $ (2,393 ) $ (693 ) $ (2,836 ) $ (1,365 ) Foreign exchange contracts 798 2,142 1,004 (861 ) $ (1,595 ) $ 1,449 $ (1,832 ) $ (2,226 )
Reclassification out of Accumulated Other Comprehensive Income [Table Text Block]	Details about Accumulated Affected line item Other Comprehensive Three Months Ended Nine Months Ended in the Unaudited Income (Loss) Components March 31, March 31, Condensed Statements 2020 2019 2020 2019 of Operations Interest rate swaps $ 106 $ (84 ) $ 135 $ (246 ) Interest expense Foreign exchange contracts (2,216 ) (422 ) (2,264 ) 2,012 Interest expense Net investment hedge - (435 ) - (435 ) $ (2,110 ) $ (941 ) $ (2,129 ) $ 1,331

Note 12 - Retirement Benefits (

Note 12 - Retirement Benefits (Tables)	9 Months Ended
	Mar. 31, 2020
Notes Tables
Schedule of Defined Benefit Plan Contributions [Table Text Block]	Fiscal Year 2020 Fiscal Year 2019 Remaining Three Months Ended Nine Months Ended Three Months Ended Nine Months Ended Contributions Contributions to defined benefit plans March 31, 2020 March 31, 2020 March 31, 2019 March 31, 2019 FY 2020 United States, funded plan $ 1,468 $ 2,936 $ - $ - $ - United States, unfunded plan 54 166 56 169 50 United Kingdom - 381 196 582 - Germany, unfunded plan - - - - 279 Ireland - - - - 63 $ 1,522 $ 3,483 $ 252 $ 751 $ 392
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 March 31, March 31, 2020 2019 2020 2019 Service cost $ 1 $ 1 $ 10 $ 9 Interest cost 2,271 2,586 214 254 Expected return on plan assets (3,288 ) (3,385 ) (222 ) (229 ) Recognized net actuarial loss 1,275 1,030 165 86 Net periodic benefit cost $ 259 $ 232 $ 167 $ 120 U.S. Plans Non-U.S. Plans Nine Months Ended Nine Months Ended March 31, March 31, 2020 2019 2020 2019 Service cost $ 3 $ 3 $ 29 $ 26 Interest cost 6,813 7,757 632 757 Expected return on plan assets (9,863 ) (10,156 ) (654 ) (682 ) Recognized net actuarial loss 3,826 3,091 488 256 Net periodic benefit cost $ 779 $ 695 $ 495 $ 357

Note 14 - Earnings Per Share (T

Note 14 - Earnings Per Share (Tables)	9 Months Ended
	Mar. 31, 2020
Notes Tables
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]	Three Months Ended Nine Months Ended March 31, March 31, 2020 2019 2020 2019 Basic - Average shares outstanding 12,337 12,530 12,348 12,626 Dilutive effect of unvested, restricted stock awards 60 44 65 61 Diluted - Average shares outstanding 12,397 12,574 12,413 12,687

Note 15 - Comprehensive Incom_2

Note 15 - Comprehensive Income (Loss) (Tables)	9 Months Ended
	Mar. 31, 2020
Notes Tables
Schedule of Accumulated Other Comprehensive Income (Loss) [Table Text Block]	March 31, 2020 June 30, 2019 Foreign currency translation adjustment $ (33,518 ) $ (27,658 ) Unrealized pension losses, net of tax (103,861 ) (107,380 ) Unrealized losses on derivative instruments, net of tax (5,537 ) (2,240 ) Total $ (142,916 ) $ (137,278 )

Note 17 - Industry Segment In_2

Note 17 - Industry Segment Information (Tables)	9 Months Ended
	Mar. 31, 2020
Notes Tables
Reconciliation of Operating Profit (Loss) from Segments to Consolidated [Table Text Block]	Three Months Ended March 31, Net Sales Income from Operations 2020 2019 2020 2019 Segment: Electronics $ 48,069 $ 50,197 $ 8,017 $ 9,418 Engraving 35,431 37,135 4,472 4,485 Engineering Technologies 26,730 27,467 3,098 2,800 Hydraulics 13,549 15,106 2,354 2,242 Food Service Equipment 31,695 30,550 5,729 5,361 Corporate (6,048 ) (6,104 ) Restructuring costs (593 ) (549 ) Acquisition-related costs (120 ) (805 ) Other operating (income) expense, net - Sub-total $ 155,474 $ 160,455 $ 16,909 $ 16,848 Interest expense (1,774 ) (3,230 ) Other non-operating expense 238 (679 ) Income from continuing operations before income taxes $ 15,373 $ 12,939 Nine Months Ended March 31, Net Sales Income from Operations 2020 2019 2020 2019 Segment: Electronics $ 140,521 $ 154,347 $ 23,892 $ 32,581 Engraving 112,118 111,602 17,925 18,883 Engineering Technologies 77,869 71,818 9,879 6,636 Hydraulics 38,613 39,758 6,698 5,753 Food Service Equipment 96,029 93,664 19,134 17,224 Corporate (22,688 ) (17,847 ) Restructuring costs (2,792 ) (826 ) Acquisition-related costs (1,650 ) (2,352 ) Other operating (income) expense, net - Sub-total $ 465,150 $ 471,189 $ 50,398 $ 60,052 Interest expense (5,820 ) (8,598 ) Other non-operating income 566 (1,694 ) Income from continuing operations before income taxes $ 45,144 $ 49,760
Reconciliation of Assets from Segment to Consolidated [Table Text Block]	March 31, 2020 June 30, 2019 Electronics $ 328,855 $ 332,326 Engraving 260,520 233,569 Engineering Technologies 151,801 149,628 Hydraulics 27,665 28,132 Food Service Equipment 105,032 100,017 Corporate & Other 40,652 18,578 Discontinued Operations 42,397 59,639 Total $ 956,922 $ 921,889

Note 18 - Restructuring (Tables

Note 18 - Restructuring (Tables)	9 Months Ended
	Mar. 31, 2020
Notes Tables
Restructuring and Related Costs [Table Text Block]	Three Months Ended Nine Months Ended March 31, 2020 March 31, 2020 Fiscal 2020 Involuntary Employee Severance and Benefit Costs Other Total Involuntary Employee Severance and Benefit Costs Other Total Restructuring initiatives $413 $184 $597 $2,208 $529 $2,737 Prior year initiatives - (4 ) (4 ) - 55 55 $ 413 $ 180 $ 593 $ 2,208 $ 584 $ 2,792 Three Months Ended Nine Months Ended March 31, 2019 March 31, 2019 Fiscal 2019 Involuntary Employee Severance and Benefit Costs Other Total Involuntary Employee Severance and Benefit Costs Other Total Restructuring initiatives $ 497 $ 5 $ 502 $ 580 $ 5 $ 585 Prior year initiatives 47 - 47 130 111 241 $ 544 $ 5 $ 549 $ 710 $ 116 $ 826
Schedule of Restructuring Reserve by Type of Cost [Table Text Block]	Current Year Initiatives Involuntary Employee Severance and Benefit Costs Other Total Restructuring liabilities at June 30, 2019 $ - $ - $ - Additions and adjustments 2,208 529 2,737 Payments (2,208 ) (464 ) (2,672 ) Restructuring liabilities at March 31, 2020 $ - $ 65 $ 65 Prior Year Initiatives Involuntary Employee Severance and Benefit Costs Other Total Restructuring liabilities at June 30, 2018 $ 147 $ 5 $ 152 Additions and adjustments - 56 56 Payments (147 ) (61 ) (208 ) Restructuring liabilities at March 31, 2019 $ - $ - $ -
Restructuring Expenses By Segment [Table Text Block]	Three Months Ended Nine Months Ended March 31, 2020 March 31, 2020 Involuntary Employee Severance and Benefit Costs Other Total Involuntary Employee Severance and Benefit Costs Other Total Electronics $ 67 $ 69 $ 136 $ 67 $ 128 $ 195 Engraving 246 93 339 1,378 438 1,816 Engineering Technologies 15 - 15 15 - 15 Food Service Equipment 20 18 38 261 18 279 Corporate 65 - 65 487 - 487 $ 413 $ 180 $ 593 $ 2,208 $ 584 $ 2,792 Three Months Ended Nine Months Ended March 31, 2019 March 31, 2019 Involuntary Employee Severance and Benefit Costs Other Total Involuntary Employee Severance and Benefit Costs Other Total Electronics $ 296 $ 5 $ 301 $ 297 $ 17 $ 314 Engraving 173 - 173 239 - 239 Engineering Technologies - - - 17 99 116 Food Service Equipment - - - 20 - 20 Corporate 75 - 75 137 - 137 $ 544 $ 5 $ 549 $ 710 $ 116 $ 826

Note 19 - Leases (Tables)

Note 19 - Leases (Tables)	9 Months Ended
	Mar. 31, 2020
Notes Tables
Lessee, Operating Lease, Amounts Recorded in Balance Sheet and Statement of Operations [Table Text Block]	March 31, 2020 Assets ROU Assets (other assets) $ 40,901 Liabilities Current (accrued expense) $ 8,424 Other non-current liability 32,084 Total lease liability $ 40,508
Lease, Cost [Table Text Block]	Three Months Ended Nine Months Ended March 31, 2020 March 31, 2020 Operating lease cost $ 2,569 $ 8,530
Lessee, Operating Lease, Liability, Maturity [Table Text Block]	Operating Leases Remainder of 2020 $ 2,382 2021 8,233 2022 6,671 2023 4,667 2024 4,119 After 2024 19,516 Less: Interest (5,080 ) Present value of lease Liabilities $ 40,508
Lessee, Lease, Additional Information [Table Text Block]	Lease Term and Discount Rate March 31, 2020 Weighted average remaining lease term (years) 9.76 Operating leases Weighted average discount rate (percentage) 2.73 Operating leases Three Months Ended Nine Months Ended March 31, 2020 March 31, 2020 Operating cash flows from operating leases $ 1,701 $ 7,771 Total cash paid for amounts included in the measurement of lease liabilities 1,701 7,771

Note 2 - Acquisitions (Details

Note 2 - Acquisitions (Details Textual) - USD ($) $ in Thousands	Jun. 30, 2019	Dec. 31, 2018	Sep. 30, 2018	Aug. 31, 2018	Mar. 31, 2020	Sep. 30, 2019	Jun. 30, 2019	Sep. 30, 2018	Mar. 31, 2020	Sep. 30, 2019	Mar. 31, 2019	Sep. 30, 2019
Goodwill, Ending Balance	$ 273,843				$ 270,044		$ 273,843		$ 270,044
Payments to Acquire Businesses, Net of Cash Acquired, Total									0		$ 96,768
GS Engineering [Member]
Payments to Acquire Businesses, Gross	30,502						30,500		30,502
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill, Total	8,910				9,110		8,910		9,110
Goodwill, Ending Balance	17,976				14,681		17,976		14,681
Payments to Acquire Businesses, Net of Cash Acquired, Total	29,880								29,880
GS Engineering [Member] | Developed Technology Rights [Member]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill, Total	5,600						$ 5,600
Finite-Lived Intangible Asset, Useful Life (Year)							15 years
GS Engineering [Member] | Trademarks [Member]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill, Total	900						$ 900
GS Engineering [Member] | Customer Relationships [Member]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill, Total	$ 2,600						$ 2,600
Finite-Lived Intangible Asset, Useful Life (Year)							12 years
Agile Magnetics [Member]
Payments to Acquire Businesses, Gross		$ 39,194								$ 39,194
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill, Total		13,718				$ 17,350				17,350		$ 17,350
Goodwill, Ending Balance		20,142				16,434				16,434		16,434
Payments to Acquire Businesses, Net of Cash Acquired, Total		$ 39,193						$ 39,200		39,193
Agile Magnetics [Member] | Trademarks [Member]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill, Total						3,800				3,800		3,800
Agile Magnetics [Member] | Customer Relationships [Member]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill, Total						$ 13,500				13,500		13,500
Finite-Lived Intangible Asset, Useful Life (Year)						13 years
Agile Magnetics [Member] | Noncompete Agreements [Member]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill, Total						$ 100				100		100
Finite-Lived Intangible Asset, Useful Life (Year)						5 years
Tenibac-Graphion, Inc. [Member]
Payments to Acquire Businesses, Gross			$ 57,284									57,284
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill, Total			15,960	$ 16,900		$ 16,860		15,960		16,860		16,860
Goodwill, Ending Balance			32,949			$ 34,360		$ 32,949		$ 34,360		34,360
Payments to Acquire Businesses, Net of Cash Acquired, Total			$ 56,726	57,300								$ 56,726
Business Acquisition, Goodwill, Expected Tax Deductible Amount				34,400
Tenibac-Graphion, Inc. [Member] | Trademarks [Member]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill, Total				4,200
Tenibac-Graphion, Inc. [Member] | Customer Relationships [Member]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill, Total				$ 11,300
Finite-Lived Intangible Asset, Useful Life (Year)				15 years
Tenibac-Graphion, Inc. [Member] | Other Intangible Assets [Member]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill, Total				$ 1,400
Finite-Lived Intangible Asset, Useful Life (Year)				5 years
Horizon Scientific Inc. [Member]
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					$ 0				$ 1,200

Note 2 - Acquisitions - Compone

Note 2 - Acquisitions - Components of Fair Value of Acquisitions and Allocation of Purchase Price For Acquisition of GS Engineering (Details) - USD ($) $ in Thousands	Jun. 30, 2019	Jun. 30, 2019	Mar. 31, 2020	Mar. 31, 2019
Payments to Acquire Businesses, Net of Cash Acquired, Total			$ 0	$ 96,768
Goodwill, Ending Balance	$ 273,843	$ 273,843	270,044
GS Engineering [Member]
Cash payments	30,502	30,500	30,502
Less, cash acquired	(622)		(622)
Payments to Acquire Businesses, Net of Cash Acquired, Total	29,880		29,880
Other acquired assets	2,197	2,197	2,125
Other acquired assets, adjustments			(72)
Inventories	228	228	396
Inventories, Adjustments			168
Customer Backlog	180	180	0
Customer Backlog, adjustments			(180)
Property, plant, & equipment	1,391	1,391	4,570
Property, plant, & equipment, adjustments			3,179
Identifiable intangible assets	8,910	8,910	9,110
Identifiable intangible assets, adjustments			200
Goodwill, Ending Balance	17,976	17,976	14,681
Goodwill, Adjustments			(3,295)
Liabilities assumed	$ (1,002)	$ (1,002)	$ (1,002)

Note 2 - Acquisitions - Compo_2

Note 2 - Acquisitions - Components of Fair Value of Acquisitions and Allocation of Purchase Price For Acquisition of Agile Magnetics (Details) - USD ($) $ in Thousands	Dec. 31, 2018	Sep. 30, 2018	Mar. 31, 2020	Sep. 30, 2019	Mar. 31, 2019	Jun. 30, 2019
Payments to Acquire Businesses, Net of Cash Acquired, Total			$ 0		$ 96,768
Goodwill, Ending Balance			$ 270,044			$ 273,843
Agile Magnetics [Member]
Payments to Acquire Businesses, Gross	$ 39,194			$ 39,194
Less, cash acquired	(1)			(1)
Payments to Acquire Businesses, Net of Cash Acquired, Total	39,193	$ 39,200		39,193
Other acquired assets	1,928			1,893
Other acquired assets, adjustments				(35)
Inventories	2,506			2,774
Inventories, Adjustments				268
Customer Backlog	0			200
Customer Backlog, adjustments				200
Property, plant, & equipment	1,318			970
Property, plant, & equipment, Adjustments				(348)
Identifiable intangible assets	13,718			17,350
Identifiable intangible assets, Adjustments				3,632
Goodwill, Ending Balance	20,142			16,434
Goodwill, Adjustments				(3,708)
Liabilities assumed	$ (419)			(428)
Liabilities assumed, Adjustments				$ (9)

Note 2 - Acquisitions - Compo_3

Note 2 - Acquisitions - Components of Fair Value of Acquisitions and Allocation of Purchase Price For Acquisition of Tennibac-Graphion Inc. (Details) - USD ($) $ in Thousands	Sep. 30, 2018	Aug. 31, 2018	Mar. 31, 2020	Mar. 31, 2019	Sep. 30, 2019	Jun. 30, 2019
Payments to Acquire Businesses, Net of Cash Acquired, Total			$ 0	$ 96,768
Goodwill, Ending Balance			$ 270,044			$ 273,843
Tenibac-Graphion, Inc. [Member]
Payments to Acquire Businesses, Gross	$ 57,284				$ 57,284
Less, cash acquired	(558)				(558)
Payments to Acquire Businesses, Net of Cash Acquired, Total	56,726	$ 57,300			56,726
Other acquired assets	5,023				3,770
Other acquired assets, adjustments					(1,253)
Inventories	324				324
Inventories, Adjustments					0
Customer Backlog	1,000				200
Customer Backlog, adjustments					(800)
Property, plant, & equipment	2,490				2,471
Property, plant, & equipment, Adjustments					(19)
Identifiable intangible assets	15,960	$ 16,900			16,860
Identifiable intangible assets, Adjustments					900
Goodwill, Ending Balance	32,949				34,360
Goodwill, Adjustments					1,411
Liabilities assumed	$ (1,020)				(1,259)
Liabilities assumed, Adjustments					$ (239)

Note 2 - Acquisitions - Compo_4

Note 2 - Acquisitions - Components of Acquisition Related Costs (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Mar. 31, 2020	Mar. 31, 2019	Mar. 31, 2020	Mar. 31, 2019
Acquisition related costs	$ 120	$ 805	$ 1,650	$ 2,352
Deferred Compensation Arrangements [Member]
Acquisition related costs	0	703	1,170	2,107
Other Acquisition-related Costs [Member]
Acquisition related costs	$ 120	$ 102	$ 480	$ 245

Note 3 - Revenue From Contrac_3

Note 3 - Revenue From Contracts With Customers - Revenue Disaggregated (Details) - USD ($) $ in Thousands		3 Months Ended		9 Months Ended
		Mar. 31, 2020	Mar. 31, 2019	Mar. 31, 2020	Mar. 31, 2019
Net sales		$ 155,474	$ 160,455	$ 465,150	$ 471,189
Transferred at Point in Time [Member]
Net sales		145,498	151,634	439,222	449,757
Transferred over Time [Member]
Net sales		9,976	8,821	25,928	21,432
UNITED STATES
Net sales		95,643		282,146
Asia Pacific [Member]
Net sales		22,583		71,495
EMEA [Member]
Net sales	[1]	33,781		100,543
Other Americas [Member]
Net sales		3,467		10,966
Electronics Products Group [Member]
Net sales		48,069	50,197	140,521	154,347
Engraving Group [Member]
Net sales		35,431	37,135	112,118	111,602
Engraving Group [Member] | Engraving Services [Member]
Net sales		31,893	34,505	103,630	104,159
Engraving Group [Member] | Engraving Products [Member]
Net sales		3,538	2,630	8,488	7,443
Engineering Technologies Group [Member]
Net sales		26,730	27,467	77,869	71,818
Engineering Technologies Group [Member] | Engineering Technologies Components [Member]
Net sales		26,730	27,467	77,869	71,818
Hydraulics Group [Member] | Hydraulics Cylinders and System [Member]
Net sales		13,549	15,106	38,613	39,758
Food Service Equipment Group [Member]
Net sales		31,695	30,550	96,029	93,664
Food Service Equipment Group [Member] | Refrigeration [Member]
Net sales		14,670	13,539	44,834	42,329
Food Service Equipment Group [Member] | Merchandising & Display [Member]
Net sales		7,719	7,645	26,234	25,874
Food Service Equipment Group [Member] | Pumps [Member]
Net sales		$ 9,306	$ 9,366	$ 24,961	$ 25,461
[1]	EMEA consists primarily of Europe, Middle East and S. Africa.

Note 3 - Revenue From Contrac_4

Note 3 - Revenue From Contracts With Customers - Contract Assets and Liabilities (Details) - USD ($) $ in Thousands	3 Months Ended	9 Months Ended
	Mar. 31, 2020	Mar. 31, 2020
Contract assets, Prepaid and other current assets, balance		$ 8,418
Contract assets, Prepaid and other current assets, Additions		25,683
Contract assets, Prepaid and other current assets, Deductions		24,213
Contract assets, Prepaid and other current assets, balance	$ 9,888	9,888
Balance		1,358
Customer deposits, additions		8,567
Customer deposits, deductions		7,942
Balance	1,983	1,983
Amounts included in the contract liability balance at the beginning of the period	$ 1,628	$ 1,358

Note 4 - Fair Value Measureme_3

Note 4 - Fair Value Measurements - Fair Values of Financial Instruments (Details) - USD ($) $ in Thousands		Mar. 31, 2020	Jun. 30, 2019
Foreign exchange contracts		$ 1,925	$ 0
Interest rate swaps		5,512	52
Contingent acquisition payments (a)	[1]	1,328	6,418
Foreign exchange contracts			3,052
Interest rate swaps			1,432
Fair Value, Inputs, Level 1 [Member]
Foreign exchange contracts		0	0
Interest rate swaps		0	0
Contingent acquisition payments (a)	[1]	0	0
Foreign exchange contracts			0
Fair Value, Inputs, Level 2 [Member]
Foreign exchange contracts		1,925	0
Interest rate swaps		5,512	52
Contingent acquisition payments (a)	[1]	0	0
Foreign exchange contracts			3,052
Interest rate swaps			1,432
Fair Value, Inputs, Level 3 [Member]
Foreign exchange contracts		0	0
Interest rate swaps		0	0
Contingent acquisition payments (a)	[1]	1,328	6,418
Foreign exchange contracts			0
Deferred Compensation Plan [Member]
Marketable securities - deferred compensation plan		2,067	2,354
Deferred Compensation Plan [Member] | Fair Value, Inputs, Level 1 [Member]
Marketable securities - deferred compensation plan		2,067	2,354
Deferred Compensation Plan [Member] | Fair Value, Inputs, Level 2 [Member]
Marketable securities - deferred compensation plan		0	0
Deferred Compensation Plan [Member] | Fair Value, Inputs, Level 3 [Member]
Marketable securities - deferred compensation plan		$ 0	$ 0
[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 - Discontinued Operati_3

Note 5 - Discontinued Operations (Details Textual) - Discontinued Operations [Member] $ in Millions	Apr. 16, 2020USD ($)	Mar. 31, 2019USD ($)	Sep. 30, 2018
Master-Bilt and NorLake Segments [Member] | Ten Oaks Group [Member] | Subsequent Event [Member]
Disposal Group, Including Discontinued Operation, Cash Purchase Price	$ 10.6
Cooking Solutions Group [Member]
Number of Operating Segments			3
Cooking Solutions Group [Member] | Middleby Corporation [Member]
Disposal Group, Including Discontinued Operation, Cash Purchase Price		$ 105
Discontinued Operation, Gain (Loss) on Disposal of Discontinued Operation, Net of Tax, Total		20.5
Discontinued Operation, Disposal of Discontinued Operation, Transaction Expense		4.4
Disposal Group, Including Discontinued Operation, Consideration		$ 106.9

Note 5 - Discontinued Operati_4

Note 5 - Discontinued Operations - Earnings (Losses) and Assets and Liabilities From Discontinued Operations (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Mar. 31, 2020	Mar. 31, 2019	Mar. 31, 2020	Mar. 31, 2019	Jun. 30, 2019
Net Sales	$ 31,565	$ 57,367	$ 108,918	$ 183,566
Gain on Sale of Business, Cooking Solutions Group	0	20,539	0	20,539
Asset Impairment Charge	(19,996)	0	(19,996)	0
Income (Loss) from Operations	(22,422)	14,412	(19,891)	18,075
Profit (Loss) Before Taxes	(22,422)	14,645	(19,891)	17,305
Benefit (Provision) for Taxes	4,047	2,969	3,329	2,542
Net income (loss) from Discontinued Operations	(18,375)	$ 17,614	(16,562)	$ 19,847
Accounts receivable	12,857		12,857		$ 16,215
Inventories	22,977		22,977		12,343
Prepaid expenses	1,684		1,684		9,052
Total current assets	37,518		37,518		37,610
Property, plant, equipment, net	787		787		13,785
Intangible assets, net	921		921		0
Goodwill	0		0		7,660
Other non-current assets	3,171		3,171		584
Total non-current assets	4,879		4,879		22,029
Total assets	42,397		42,397		59,639
Accounts payable	14,998		14,998		18,402
Accrued and Other short-term liabilities	11,364		11,364		13,101
Total current liabilities	26,362		26,362		31,503
Non-current liabilities	2,720		2,720		2,223
Total liabilities	29,082		29,082		33,726
Net assets	$ 13,315		$ 13,315		$ 25,913

Note 6 - Inventories (Details T

Note 6 - Inventories (Details Textual) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Mar. 31, 2020	Mar. 31, 2019	Mar. 31, 2020	Mar. 31, 2019
Selling Expense	$ 2	$ 2.4	$ 7	$ 7.2

Note 6 - Inventories - Summary

Note 6 - Inventories - Summary of Inventories (Details) - USD ($) $ in Thousands	Mar. 31, 2020	Jun. 30, 2019
Raw materials	$ 38,791	$ 34,902
Work in process	28,250	26,213
Finished goods	18,233	15,187
Total	$ 85,274	$ 76,302

Note 7 - Goodwill - Changes to

Note 7 - Goodwill - Changes to Goodwill (Details) $ in Thousands	9 Months Ended
	Mar. 31, 2020USD ($)
Balance	$ 281,503
Discontinued operations	(7,660)
Balance	273,843
Acquisitions	(2,475)
Translation adjustment	(1,324)
Balance	270,044
Electronics Products Group [Member]
Balance	131,317
Balance	131,317
Acquisitions	820
Translation adjustment	(894)
Balance	131,243
Engraving Group [Member]
Balance	79,776
Balance	79,776
Acquisitions	(3,295)
Translation adjustment	(232)
Balance	76,249
Engineering Technologies Group [Member]
Balance	43,890
Balance	43,890
Acquisitions	0
Translation adjustment	(198)
Balance	43,692
Hydraulics Products Group [Member]
Balance	3,059
Balance	3,059
Acquisitions	0
Translation adjustment	0
Balance	3,059
Food Service Equipment Group [Member]
Balance	23,461
Discontinued operations	(7,660)
Balance	15,801
Acquisitions	0
Translation adjustment	0
Balance	$ 15,801

Note 8 - Intangible Assets (Det

Note 8 - Intangible Assets (Details Textual) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Mar. 31, 2020	Mar. 31, 2019	Mar. 31, 2020	Mar. 31, 2019
Amortization of Intangible Assets, Total	$ 3	$ 2.8	$ 8.8	$ 7.6
Finite-Lived Intangible Asset, Expected Amortization, Remainder of Fiscal Year	2.9		2.9
Finite-Lived Intangible Asset, Expected Amortization, Year Two	11.1		11.1
Finite-Lived Intangible Asset, Expected Amortization, Year Three	10.4		10.4
Finite-Lived Intangible Assets, Amortization Expense, Year Four	9.6		9.6
Finite-Lived Intangible Assets, Amortization Expense, Year Five	8.7		8.7
Finite-Lived Intangible Asset, Expected Amortization, after Year Five	$ 46.7		$ 46.7

Note 8 - Intangible Assets - Su

Note 8 - Intangible Assets - Summary of Intangible Assets (Details) - USD ($) $ in Thousands	Mar. 31, 2020	Jun. 30, 2019
Cost	$ 154,729	$ 155,651
Accumulated amortization	(45,465)	(36,991)
Intangible assets, net	109,264	118,660
Trademarks [Member]
Cost	19,849	19,977
Accumulated amortization	0	0
Intangible assets, net	19,849	19,977
Customer Relationships [Member]
Cost	74,079	75,018
Accumulated amortization	(29,349)	(24,476)
Intangible assets, net	44,730	50,542
Acquired Technology [Member]
Cost	55,325	55,164
Accumulated amortization	(11,983)	(8,765)
Intangible assets, net	43,342	46,399
Other Intangible Assets [Member]
Cost	5,476	5,492
Accumulated amortization	(4,133)	(3,750)
Intangible assets, net	$ 1,343	$ 1,742

Note 9 - Warranties - Changes i

Note 9 - Warranties - Changes in Warranty Reserve (Details) - USD ($) $ in Thousands	9 Months Ended	12 Months Ended
	Mar. 31, 2020	Jun. 30, 2019
Balance at beginning of year	$ 1,911	$ 1,849
Acquisitions and other	(103)	(85)
Warranty expense	1,734	2,346
Warranty claims	(1,735)	(2,199)
Balance at end of period	$ 1,807	$ 1,911

Note 10 - Debt (Details Textual

Note 10 - Debt (Details Textual) - USD ($) $ in Millions	3 Months Ended
	Dec. 31, 2019	Mar. 31, 2020
Amended and Restated Credit Agreement [Member]
Debt Instrument, Term (Year)	5 years
Line of Credit Facility, Maximum Borrowing Capacity	$ 500
Line Of Credit, Accordion Feature	250
Swing Line Loan [Member]
Line of Credit Facility, Maximum Borrowing Capacity	10
Letter of Credit [Member]
Line of Credit Facility, Maximum Borrowing Capacity	$ 35
Standby Letters of Credit [Member]
Long-term Line of Credit, Total		$ 7.6
Line of Credit Facility, Remaining Borrowing Capacity		$ 217.6

Note 10 - Debt - Long-term Debt

Note 10 - Debt - Long-term Debt (Details) - USD ($) $ in Thousands	Mar. 31, 2020	Jun. 30, 2019
Funded debt	$ 213,000	$ 198,800
Issuance Cost	(935)	(1,190)
Total long-term debt	212,065	197,610
Line of Credit [Member]
Funded debt	$ 213,000	$ 198,800

Note 10 - Debt - Maturities of

Note 10 - Debt - Maturities of Long-term Debt (Details) - USD ($) $ in Thousands	Mar. 31, 2020	Jun. 30, 2019
2020	$ 0
2021	0
2022	0
2023	0
2024	213,000
Thereafter	0
Total Debt	213,000	$ 198,800
Issuance cost	(935)	(1,190)
Debt net of issuance cost	$ 212,065	$ 197,610

Note 11 - Derivative Financia_3

Note 11 - Derivative Financial Instruments (Details Textual) - USD ($) $ in Thousands	3 Months Ended	9 Months Ended
	Mar. 31, 2020	Mar. 31, 2020	Jun. 30, 2019
Derivative Instruments, Loss Recognized in Income, Ineffective Portion and Amount Excluded from Effectiveness Testing	$ 0	$ 0
Interest Rate Swap [Member]
Derivative, Notional Amount	$ 175,000	$ 175,000
Derivative, Average Fixed Interest Rate	1.43%	1.43%
Foreign Exchange Forward [Member]
Outstanding Forward Contracts, Net Unrealized Gain (Loss)	$ (1,900)	$ (1,900)	$ (3,100)

Note 11 - Derivative Financia_4

Note 11 - Derivative Financial Instruments - Fair Value of Swaps Recognized in Accrued Liabilities and in Other Comprehensive Income (Details) - USD ($) $ in Thousands	9 Months Ended
	Mar. 31, 2020	Jun. 30, 2019
Fair Value, Liability	$ (5,512)	$ (1,380)
Interest Rate Swap Effective December 19, 2015 [Member]
Notional Amount	$ 10,000
Fixed Rate	2.01%
Maturity	Dec. 19, 2019
Fair Value, Asset	$ 0	(3)
Fair Value, Asset	0	3
Interest Rate Swap Effective May 24, 2017 Number One [Member]
Notional Amount	$ 25,000
Fixed Rate	1.88%
Maturity	Apr. 24, 2022
Fair Value, Liability	$ (848)	(190)
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		(49)
Fair Value, Asset		49
Fair Value, Liability	$ (35)
Interest Rate Swap Effective August 6, 2018 [Member]
Notional Amount	$ 25,000
Fixed Rate	2.83%
Maturity	Aug. 6, 2023
Fair Value, Liability	$ (2,169)	(1,242)
Interest Rate Swap Effective March 23, 2020 [Member]
Notional Amount	$ 100,000
Fixed Rate	0.91%
Maturity	Mar. 23, 2025
Fair Value, Liability	$ (1,673)	0
Interest Rate Swap Effective April 24, 2020 [Member]
Notional Amount	$ 25,000
Fixed Rate	0.88%
Maturity	Apr. 24, 2025
Fair Value, Liability	$ (377)	0
Interest Rate Swap Effective May 24, 2020 [Member]
Notional Amount	$ 25,000
Fixed Rate	0.91%
Maturity	Mar. 24, 2025
Fair Value, Liability	$ (410)	$ 0

Note 11 - Derivative Financia_5

Note 11 - Derivative Financial Instruments - Foreign Currency Exchange Contracts (Details) - Foreign Exchange Contract [Member] € in Thousands, $ in Thousands, $ in Millions	Mar. 31, 2020USD ($)	Mar. 31, 2020EUR (€)	Mar. 31, 2020CAD ($)	Jun. 30, 2019USD ($)	Jun. 30, 2019EUR (€)	Jun. 30, 2019CAD ($)
Derivative, Notional Amount	$ 46,278	€ 5,750	$ 20.6	$ 55,015	€ 5,750	$ 20.6
Notional Amount	$ 46,278	€ 5,750	$ 20.6	$ 55,015	€ 5,750	$ 20.6

Note 11 - Derivative Financia_6

Note 11 - Derivative Financial Instruments - Amounts Reclassified From Accumulated Other Comprehensive Income (Loss) to Net Income (Details) - USD ($) $ in Thousands	Mar. 31, 2020	Jun. 30, 2019
Liability	$ 5,512	$ 1,380
Other Assets [Member] | Designated as Hedging Instrument [Member]
Net assets	0	52
Other Assets [Member] | Interest Rate Swap [Member] | Designated as Hedging Instrument [Member]
Asset	0	52
Other Assets [Member] | Foreign Exchange Contract [Member] | Designated as Hedging Instrument [Member]
Asset	0	0
Other Liabilities [Member] | Designated as Hedging Instrument [Member]
Net liability	7,437	4,484
Other Liabilities [Member] | Interest Rate Swap [Member] | Designated as Hedging Instrument [Member]
Liability	5,512	1,432
Other Liabilities [Member] | Foreign Exchange Contract [Member] | Designated as Hedging Instrument [Member]
Liability	$ 1,925	$ 3,052

Note 11 - Derivative Financia_7

Note 11 - Derivative Financial Instruments - Gain (Loss) Recognized in Comprehensive Income on Derivative Financial Instruments (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Mar. 31, 2020	Mar. 31, 2019	Mar. 31, 2020	Mar. 31, 2019
Change in unrealized (losses)	$ (1,595)	$ 1,449	$ (1,832)	$ (2,226)
Interest Rate Swap [Member]
Change in unrealized (losses)	(2,393)	(693)	(2,836)	(1,365)
Foreign Exchange Contract [Member]
Change in unrealized (losses)	$ 798	$ 2,142	$ 1,004	$ (861)

Note 11 - Derivative Financia_8

Note 11 - Derivative Financial Instruments - Details About Accumulated Other Comprehensive Income (Loss) Components (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Mar. 31, 2020	Mar. 31, 2019	Mar. 31, 2020	Mar. 31, 2019
Accumulated other comprehensive income (loss) component	$ (2,110)	$ (941)	$ (2,129)	$ 1,331
Interest Rate Swap [Member] | Interest Expense [Member]
Accumulated other comprehensive income (loss) component	106	(84)	135	(246)
Foreign Exchange Contract [Member] | Interest Expense [Member]
Accumulated other comprehensive income (loss) component	(2,216)	(422)	(2,264)	2,012
Foreign Exchange Forward [Member]
Accumulated other comprehensive income (loss) component	$ 0	$ (435)	$ 0	$ (435)

Note 12 - Retirement Benefits_2

Note 12 - Retirement Benefits (Details Textual) $ in Millions	Mar. 31, 2020USD ($)
Pension Plan [Member]
Defined Benefit Plan Contributions By Employer, Deferred Under CARES Act	$ 1.5

Note 12 - Retirement Benefits -

Note 12 - Retirement Benefits - Components of Net Periodic Benefit Cost (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Mar. 31, 2020	Mar. 31, 2019	Mar. 31, 2020	Mar. 31, 2019
UNITED STATES
Service cost	$ 1	$ 1	$ 3	$ 3
Interest cost	2,271	2,586	6,813	7,757
Expected return on plan assets	(3,288)	(3,385)	(9,863)	(10,156)
Recognized net actuarial loss	1,275	1,030	3,826	3,091
Net periodic benefit cost	259	232	779	695
Foreign Plan [Member]
Service cost	10	9	29	26
Interest cost	214	254	632	757
Expected return on plan assets	(222)	(229)	(654)	(682)
Recognized net actuarial loss	165	86	488	256
Net periodic benefit cost	$ 167	$ 120	$ 495	$ 357

Note 12 - Retirement Benefits_3

Note 12 - Retirement Benefits - Contributions to Defined Benefit Plans (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Mar. 31, 2020	Mar. 31, 2019	Mar. 31, 2020	Mar. 31, 2019
Contributions to defined benefit plans	$ 1,522	$ 252	$ 3,483	$ 751
Remaining contributions to be made	392		392
UNITED STATES | Defined Benefit Plan, Funded Plan [Member]
Contributions to defined benefit plans	1,468	0	2,936	0
Remaining contributions to be made	0		0
UNITED STATES | Defined Benefit Plan, Unfunded Plan [Member]
Contributions to defined benefit plans	54	56	166	169
Remaining contributions to be made	50		50
UNITED KINGDOM
Contributions to defined benefit plans	0	196	381	582
Remaining contributions to be made	0		0
GERMANY | Defined Benefit Plan, Unfunded Plan [Member]
Contributions to defined benefit plans	0	0	0	0
Remaining contributions to be made	279		279
IRELAND
Contributions to defined benefit plans	0	$ 0	0	$ 0
Remaining contributions to be made	$ 63		$ 63

Note 13 - Income Taxes (Details

Note 13 - Income Taxes (Details Textual) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Mar. 31, 2020	Mar. 31, 2019	Mar. 31, 2020	Mar. 31, 2019
Effective Income Tax Rate Reconciliation, Percent, Total	21.60%	33.10%	22.70%	28.30%
Effective Income Tax Rate Reconciliation, Tax Settlement and Changes in Profit Geographic Location, Amount	$ 0.7
Effective Income Tax Rate Reconciliation, Tax Settlement and Non-taxable Insurance Proceeds, Amount			$ 1.3

Note 14 - Earnings Per Share (D

Note 14 - Earnings Per Share (Details Textual) - shares	3 Months Ended	9 Months Ended
	Mar. 31, 2020	Mar. 31, 2020	Mar. 31, 2019
Share-based Payment Arrangement, Option [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount (in shares)	0
Performance Shares [Member]
Share-based Compensation Awards Excluded from Computation of Earnings Per Share Amount (in shares)		79,390	68,933

Note 14 - Earnings Per Share -

Note 14 - Earnings Per Share - Computation of Basic and Diluted Earnings Per Share (Details) - shares shares in Thousands	3 Months Ended		9 Months Ended
	Mar. 31, 2020	Mar. 31, 2019	Mar. 31, 2020	Mar. 31, 2019
Basic - Average shares outstanding (in shares)	12,337	12,530	12,348	12,626
Dilutive effect of unvested, restricted stock awards (in shares)	60	44	65	61
Diluted - Average shares outstanding (in shares)	12,397	12,574	12,413	12,687

Note 15 - Comprehensive Incom_3

Note 15 - Comprehensive Income (Loss) - Components of Accumulated Other Comprehensive Income (Loss) (Details) - USD ($) $ in Thousands	Mar. 31, 2020	Jun. 30, 2019
Foreign currency translation adjustment	$ (33,518)	$ (27,658)
Unrealized pension losses, net of tax	(103,861)	(107,380)
Unrealized losses on derivative instruments, net of tax	(5,537)	(2,240)
Total	$ (142,916)	$ (137,278)

Note 17 - Industry Segment In_3

Note 17 - Industry Segment Information (Details Textual)	9 Months Ended
	Mar. 31, 2020
Number of Reportable Segments	5

Note 17 - Industry Segment In_4

Note 17 - Industry Segment Information - Net Sales and Income (Loss) by Industry Segments (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Mar. 31, 2020	Mar. 31, 2019	Mar. 31, 2020	Mar. 31, 2019
Net sales	$ 155,474	$ 160,455	$ 465,150	$ 471,189
Income from operations	16,909	16,848	50,398	60,052
Restructuring costs	(593)	(549)	(2,792)	(826)
Acquisition-related costs	(120)	(805)	(1,650)	(2,352)
Other operating (income) expense, net		0		0
Interest expense	(1,774)	(3,230)	(5,820)	(8,598)
Other non-operating income (expense)	238	(679)	566	(1,694)
Income from continuing operations before income taxes	15,373	12,939	45,144	49,760
Electronics Products Group [Member]
Net sales	48,069	50,197	140,521	154,347
Income from operations	8,017	9,418	23,892	32,581
Restructuring costs	(136)	(301)	(195)	(314)
Engraving Group [Member]
Net sales	35,431	37,135	112,118	111,602
Income from operations	4,472	4,485	17,925	18,883
Restructuring costs	(339)	(173)	(1,816)	(239)
Engineering Technologies Group [Member]
Net sales	26,730	27,467	77,869	71,818
Income from operations	3,098	2,800	9,879	6,636
Restructuring costs	(15)	0	(15)	(116)
Hydraulics Products Group [Member]
Net sales	13,549	15,106	38,613	39,758
Income from operations	2,354	2,242	6,698	5,753
Food Service Equipment Group [Member]
Net sales	31,695	30,550	96,029	93,664
Income from operations	5,729	5,361	19,134	17,224
Restructuring costs	(38)	0	(279)	(20)
Corporate and Other [Member]
Income from operations	(6,048)	(6,104)	(22,688)	(17,847)
Restructuring costs	$ (65)	$ (75)	$ (487)	$ (137)

Note 17 - Industry Segment In_5

Note 17 - Industry Segment Information - Assets by Industry Segments (Details) - USD ($) $ in Thousands	Mar. 31, 2020	Jun. 30, 2019
Assets	$ 956,922	$ 921,889
Discontinued Operations [Member]
Assets	42,397	59,639
Electronics Products Group [Member] | Continuing Operations [Member]
Assets	328,855	332,326
Engraving Group [Member] | Continuing Operations [Member]
Assets	260,520	233,569
Engineering Technologies Group [Member] | Continuing Operations [Member]
Assets	151,801	149,628
Hydraulics Products Group [Member] | Continuing Operations [Member]
Assets	27,665	28,132
Food Service Equipment Group [Member] | Continuing Operations [Member]
Assets	105,032	100,017
Corporate and Other [Member] | Continuing Operations [Member]
Assets	$ 40,652	$ 18,578

Note 18 - Restructuring (Detail

Note 18 - Restructuring (Details Textual) - USD ($) $ in Thousands	3 Months Ended			9 Months Ended
	Jun. 30, 2020	Mar. 31, 2020	Mar. 31, 2019	Mar. 31, 2020	Mar. 31, 2019
Restructuring Costs, Total		$ 593	$ 549	$ 2,792	$ 826
Forecast [Member]
Restructuring Costs, Total	$ 1,500

Note 18 - Restructuring - Summa

Note 18 - Restructuring - Summary of Severance, Restructuring, and Related Charges by Initiative (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Mar. 31, 2020	Mar. 31, 2019	Mar. 31, 2020	Mar. 31, 2019
Restructuring charges	$ 593	$ 549	$ 2,792	$ 826
Involuntary Employee Severance And Benefit Costs [Member]
Restructuring charges	413	544	2,208	710
Other Restructuring [Member]
Restructuring charges	180	5	584	116
Current Year Restructuring Initiatives [Member]
Restructuring charges	597	502	2,737	585
Current Year Restructuring Initiatives [Member] | Involuntary Employee Severance And Benefit Costs [Member]
Restructuring charges	413	497	2,208	580
Current Year Restructuring Initiatives [Member] | Other Restructuring [Member]
Restructuring charges	184	5	529	5
Prior Year Initiatives [Member]
Restructuring charges	(4)	47	55	241
Prior Year Initiatives [Member] | Involuntary Employee Severance And Benefit Costs [Member]
Restructuring charges	0	47	0	130
Prior Year Initiatives [Member] | Other Restructuring [Member]
Restructuring charges	$ (4)	$ 0	$ 55	$ 111

Note 18 - Restructuring - Sum_2

Note 18 - Restructuring - Summary of Activity in Reserves Related to Restructuring Initiatives (Details) - USD ($) $ in Thousands	9 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Current Year Restructuring Initiatives [Member]
Restructuring liabilities	$ 0
Additions and adjustments	2,737
Payments	(2,672)
Restructuring liabilities	65
Current Year Restructuring Initiatives [Member] | Involuntary Employee Severance And Benefit Costs [Member]
Restructuring liabilities	0
Additions and adjustments	2,208
Payments	(2,208)
Restructuring liabilities	0
Current Year Restructuring Initiatives [Member] | Other Restructuring [Member]
Restructuring liabilities	0
Additions and adjustments	529
Payments	(464)
Restructuring liabilities	$ 65
Prior Year Initiatives [Member]
Restructuring liabilities		$ 152
Additions and adjustments		56
Payments		(208)
Restructuring liabilities		0
Prior Year Initiatives [Member] | Involuntary Employee Severance And Benefit Costs [Member]
Restructuring liabilities		147
Additions and adjustments		0
Payments		(147)
Restructuring liabilities		0
Prior Year Initiatives [Member] | Other Restructuring [Member]
Restructuring liabilities		5
Additions and adjustments		56
Payments		(61)
Restructuring liabilities		$ 0

Note 18 - Restructuring - Sum_3

Note 18 - Restructuring - Summary of Restructuring Expenses by Segment (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Mar. 31, 2020	Mar. 31, 2019	Mar. 31, 2020	Mar. 31, 2019
Restructuring charges	$ 593	$ 549	$ 2,792	$ 826
Involuntary Employee Severance And Benefit Costs [Member]
Restructuring charges	413	544	2,208	710
Other Restructuring [Member]
Restructuring charges	180	5	584	116
Electronics Products Group [Member]
Restructuring charges	136	301	195	314
Electronics Products Group [Member] | Involuntary Employee Severance And Benefit Costs [Member]
Restructuring charges	67	296	67	297
Electronics Products Group [Member] | Other Restructuring [Member]
Restructuring charges	69	5	128	17
Engraving Group [Member]
Restructuring charges	339	173	1,816	239
Engraving Group [Member] | Involuntary Employee Severance And Benefit Costs [Member]
Restructuring charges	246	173	1,378	239
Engraving Group [Member] | Other Restructuring [Member]
Restructuring charges	93	0	438	0
Engineering Technologies Group [Member]
Restructuring charges	15	0	15	116
Engineering Technologies Group [Member] | Involuntary Employee Severance And Benefit Costs [Member]
Restructuring charges	15	0	15	17
Engineering Technologies Group [Member] | Other Restructuring [Member]
Restructuring charges	0	0	0	99
Food Service Equipment Group [Member]
Restructuring charges	38	0	279	20
Food Service Equipment Group [Member] | Involuntary Employee Severance And Benefit Costs [Member]
Restructuring charges	20	0	261	20
Food Service Equipment Group [Member] | Other Restructuring [Member]
Restructuring charges	18	0	18	0
Corporate and Other [Member]
Restructuring charges	65	75	487	137
Corporate and Other [Member] | Involuntary Employee Severance And Benefit Costs [Member]
Restructuring charges	65	75	487	137
Corporate and Other [Member] | Other Restructuring [Member]
Restructuring charges	$ 0	$ 0	$ 0	$ 0

Note 19 - Leases (Details Textu

Note 19 - Leases (Details Textual) - USD ($) $ in Thousands	Mar. 31, 2020	Jun. 30, 2019
Operating Lease, Right-of-Use Asset	$ 40,901	$ 0
Operating Lease, Liability, Total	40,508
Lessor, Operating Lease, Lease Not yet Commenced, Assumption and Judgment, Value of Underlying Asset, Amount	$ 3,900
Minimum [Member]
Lessee, Operating Lease, Lease Not yet Commenced, Term of Contract (Year)	2 years
Maximum [Member]
Lessee, Operating Lease, Lease Not yet Commenced, Term of Contract (Year)	10 years
Discontinued Operations [Member]
Operating Lease, Right-of-Use Asset	$ 200
Operating Lease, Liability, Total	$ 100

Note 19 - Leases - Amounts Reco

Note 19 - Leases - Amounts Recorded in Balance Sheet and Statement of Operations Related to Leases (Details) - USD ($) $ in Thousands	Mar. 31, 2020	Jun. 30, 2019
Operating lease right-of-use asset	$ 40,901	$ 0
Operating lease long-term liabilities	32,084	$ 0
Total lease liability	40,508
Other Noncurrent Assets [Member]
Operating lease right-of-use asset	40,901
Accrued Expense [Member]
Lease liability, current	8,424
Other Noncurrent Liabilities [Member]
Operating lease long-term liabilities	$ 32,084

Note 19 - Leases - Lease Cost (

Note 19 - Leases - Lease Cost (Details) - USD ($) $ in Thousands	3 Months Ended	9 Months Ended
	Mar. 31, 2020	Mar. 31, 2020
Operating lease cost	$ 2,569	$ 8,530

Note 19 - Leases - Maturity of

Note 19 - Leases - Maturity of Lease Liability (Details) $ in Thousands	Mar. 31, 2020USD ($)
Remainder of 2020	$ 2,382
2021	8,233
2022	6,671
2023	4,667
2024	4,119
After 2024	19,516
Less: Interest	(5,080)
Operating Lease, Liability, Total	$ 40,508

Note 19 - Leases - Additional I

Note 19 - Leases - Additional Information (Details) $ in Thousands	3 Months Ended	9 Months Ended
	Mar. 31, 2020USD ($)	Mar. 31, 2020USD ($)
Weighted average remaining lease term, Operating leases (Year)	9 years 9 months 3 days	9 years 9 months 3 days
Weighted average discount rate, Operating leases	2.73%	2.73%
Operating cash flows from operating leases	$ 1,701	$ 7,771
Total cash paid for amounts included in the measurement of lease liabilities	$ 1,701	$ 7,771