Standex International (SXI) 10-Q3 May 242024 Q3 Quarterly reportFinancial data

Company Profile

Document And Entity Information

Document And Entity Information - shares	9 Months Ended
Document And Entity Information - shares	Mar. 31, 2024	May 01, 2024
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	2024
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Mar. 31, 2024
Document Transition Report	false
Entity File Number	001-07233
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	31-0596149
Entity Address, Address Line One	23 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 Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		11,853,093

Unaudited Condensed Consolidate

Unaudited Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Mar. 31, 2024	Jun. 30, 2023
Current assets:
Cash and cash equivalents	$ 138,799	$ 195,706
Accounts receivable, less allowance for credit losses of $2,319 and $2,788 at March 31, 2024 and June 30, 2023, respectively	120,501	123,440
Inventories	95,170	98,537
Prepaid expenses and other current assets	62,066	64,739
Income taxes receivable	2,617	831
Total current assets	419,153	483,253
Property, plant, and equipment, net	135,003	130,937
Intangible assets, net	81,881	75,651
Goodwill	282,000	264,821
Deferred tax asset	15,047	14,602
Operating lease right-of-use asset	34,421	33,273
Other non-current assets	26,001	22,392
Total non-current assets	574,353	541,676
Total assets	993,506	1,024,929
Current liabilities:
Accounts payable	58,448	68,601
Accrued liabilities	55,447	62,031
Income taxes payable	8,453	10,335
Total current liabilities	122,348	140,967
Long-term debt	148,768	173,441
Operating lease long-term liabilities	29,001	25,774
Accrued pension and other non-current liabilities	74,407	77,298
Total non-current liabilities	252,176	276,513
Contingencies (Note 15)
Stockholders' equity:
Common stock, par value $1.50 per share, 60,000,000 shares authorized, 27,984,278 shares issued, 11,760,187 and 11,744,991 shares outstanding at March 31, 2024 and June 30, 2023	41,976	41,976
Additional paid-in capital	104,753	100,555
Retained earnings	1,070,255	1,027,279
Accumulated other comprehensive loss	(168,005)	(158,477)
Treasury shares: 16,224,091 and 16,239,287 shares at March 31, 2024 and June 30, 2023	(429,997)	(403,884)
Total stockholders' equity	618,982	607,449
Total liabilities and stockholders' equity	$ 993,506	$ 1,024,929

Unaudited Condensed Consolida_2

Unaudited Condensed Consolidated Balance Sheets (Parentheticals) - USD ($) $ in Thousands	Mar. 31, 2024	Jun. 30, 2023
Reserve for doubtful accounts	$ 2,319	$ 2,788
Common stock, par value (in dollars per share)	$ 1.5	$ 1.5
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)	11,760,187	11,744,991
Treasury stock, shares (in shares)	16,224,091	16,239,287

Unaudited Condensed Consolida_3

Unaudited Condensed Consolidated Statements of Operations - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		9 Months Ended
	Mar. 31, 2024	Mar. 31, 2023	Mar. 31, 2024	Mar. 31, 2023
Net sales	$ 177,267	$ 184,332	$ 540,441	$ 552,721
Cost of sales	108,977	113,435	327,853	341,251
Gross profit	68,290	70,897	212,588	211,470
Selling, general, and administrative expenses	41,764	42,954	128,625	127,756
Gain on sale of business	0	(62,105)	(274)	(62,105)
Restructuring costs	4,037	2,237	7,303	3,330
Acquisition related costs	537	21	2,233	487
Other operating (income) expense, net	110	(727)	110	(611)
Total operating (income) expenses	46,448	(17,620)	137,997	68,857
Income from operations	21,842	88,517	74,591	142,613
Interest expense	949	1,415	3,244	4,168
Other non-operating (income) expense, net	627	747	1,805	1,695
Income from continuing operations before income taxes	20,266	86,355	69,542	136,750
Provision for income taxes	4,327	5,788	15,639	17,783
Income from continuing operations	15,939	80,567	53,903	118,967
Income (loss) from discontinued operations, net of tax	(141)	(57)	(420)	(144)
Net income	$ 15,798	$ 80,510	$ 53,483	$ 118,823
Basic earnings (loss) per share:
Continuing operations (in dollars per share)	$ 1.35	$ 6.82	$ 4.58	$ 10.06
Discontinued operations (in dollars per share)	(0.01)	0	(0.03)	(0.01)
Total (in dollars per share)	1.34	6.82	4.55	10.05
Diluted earnings (loss) per share:
Continuing operations (in dollars per share)	1.35	6.77	4.54	9.98
Discontinued operations (in dollars per share)	(0.02)	0	(0.04)	(0.01)
Total (in dollars per share)	$ 1.33	$ 6.77	$ 4.5	$ 9.97
Weighted average number of shares:
Basic (in shares)	11,772	11,811	11,764	11,825
Diluted (in shares)	11,849	11,895	11,876	11,917

Unaudited Condensed Consolida_4

Unaudited Condensed Consolidated Statements of Comprehensive Income (Loss) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Mar. 31, 2024	Mar. 31, 2023	Mar. 31, 2024	Mar. 31, 2023
Net income	$ 15,798	$ 80,510	$ 53,483	$ 118,823
Other comprehensive income (loss):
Actuarial gains (losses) and other changes in unrecognized costs, net of tax	28	(601)	16	(587)
Amortization of unrecognized costs, net of tax	596	712	1,789	2,132
Derivative instruments:
Change in unrealized gains (losses), net of tax	775	(406)	885	2,220
Amortization of unrealized gains (losses) into interest expense, net of tax	(1,275)	(1,134)	(4,056)	(1,212)
Foreign currency translation gains (losses), net of tax	(12,568)	1,480	(8,162)	3,584
Other comprehensive income (loss), net of tax	(12,444)	51	(9,528)	6,137
Comprehensive income	$ 3,354	$ 80,561	$ 43,955	$ 124,960

Unaudited Condensed Consolida_5

Unaudited Condensed Consolidated Statements of Stockholders' Equity - USD ($) shares in Thousands, $ in Thousands	Common Stock [Member]	Additional Paid-in Capital [Member]	Retained Earnings [Member]	AOCI Attributable to Parent [Member]	Treasury Stock, Common [Member]	Total
Balance at Jun. 30, 2022	$ 41,976	$ 91,200	$ 901,421	$ (153,312)	$ (381,942)	$ 499,343
Balance (in shares) at Jun. 30, 2022					16,160
Stock issued under incentive compensation plans and employee purchase plans	0	(2,414)	0	0	$ 3,584	1,170
Stock issued under incentive compensation plans and employee purchase plans (in shares)					(150)
Stock-based compensation	0	8,508	0	0	$ 0	8,508
Treasury stock acquired	0	0	0	0	$ (18,582)	(18,582)
Treasury stock acquired (in shares)					183
Net income	0	0	118,823	0	$ 0	118,823
Foreign currency translation adjustment	0	0	0	3,584	0	3,584
Pension, net of tax	0	0	0	1,545	0	1,545
Change in fair value of derivatives, net of tax	0	0	0	1,008	0	1,008
Dividends declared	0	0	(9,849)	0	0	(9,849)
Balance at Mar. 31, 2023	41,976	97,294	1,010,395	(147,175)	$ (396,940)	605,550
Balance (in shares) at Mar. 31, 2023					16,193
Balance at Dec. 31, 2022	41,976	93,359	933,233	(147,226)	$ (391,925)	529,417
Balance (in shares) at Dec. 31, 2022					16,153
Stock issued under incentive compensation plans and employee purchase plans	0	126	0	0	$ 50	176
Stock issued under incentive compensation plans and employee purchase plans (in shares)					(2)
Stock-based compensation	0	3,809	0	0	$ 0	3,809
Treasury stock acquired	0	0	0	0	$ (5,065)	(5,065)
Treasury stock acquired (in shares)					42
Net income	0	0	80,510	0	$ 0	80,510
Foreign currency translation adjustment	0	0	0	1,480	0	1,480
Pension, net of tax	0	0	0	111	0	111
Change in fair value of derivatives, net of tax	0	0	0	(1,540)	0	(1,540)
Dividends declared	0	0	(3,348)	0	0	(3,348)
Balance at Mar. 31, 2023	41,976	97,294	1,010,395	(147,175)	$ (396,940)	605,550
Balance (in shares) at Mar. 31, 2023					16,193
Balance at Jun. 30, 2023	41,976	100,555	1,027,279	(158,477)	$ (403,884)	607,449
Balance (in shares) at Jun. 30, 2023					16,239
Stock issued under incentive compensation plans and employee purchase plans	0	(4,326)	0	0	$ 5,651	1,325
Stock issued under incentive compensation plans and employee purchase plans (in shares)					(221)
Stock-based compensation	0	8,524	0	0	$ 0	8,524
Treasury stock acquired	0	0	0	0	$ (31,764)	(31,764)
Treasury stock acquired (in shares)					206
Net income	0	0	53,483	0	$ 0	53,483
Foreign currency translation adjustment	0	0	0	(8,162)	0	(8,162)
Pension, net of tax	0	0	0	1,805	0	1,805
Change in fair value of derivatives, net of tax	0	0	0	(3,171)	0	(3,171)
Dividends declared	0	0	(10,507)	0	0	(10,507)
Balance at Mar. 31, 2024	41,976	104,753	1,070,255	(168,005)	$ (429,997)	618,982
Balance (in shares) at Mar. 31, 2024					16,224
Balance at Dec. 31, 2023	41,976	101,198	1,058,069	(155,561)	$ (425,111)	620,571
Balance (in shares) at Dec. 31, 2023					16,201
Stock issued under incentive compensation plans and employee purchase plans	0	(145)	0	0	$ 281	136
Stock issued under incentive compensation plans and employee purchase plans (in shares)					(11)
Stock-based compensation	0	3,700	0	0	$ 0	3,700
Treasury stock acquired	0	0	0	0	$ (5,167)	(5,167)
Treasury stock acquired (in shares)					34
Net income	0	0	15,798	0	$ 0	15,798
Foreign currency translation adjustment	0	0	0	(12,568)	0	(12,568)
Pension, net of tax	0	0	0	624	0	624
Change in fair value of derivatives, net of tax	0	0	0	(500)	0	(500)
Dividends declared	0	0	(3,612)	0	0	(3,612)
Balance at Mar. 31, 2024	$ 41,976	$ 104,753	$ 1,070,255	$ (168,005)	$ (429,997)	$ 618,982
Balance (in shares) at Mar. 31, 2024					16,224

Unaudited Condensed Consolida_6

Unaudited Condensed Consolidated Statements of Stockholders' Equity (Parentheticals) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Mar. 31, 2024	Mar. 31, 2023	Mar. 31, 2024	Mar. 31, 2023
Pension and OPEB adjustments, tax	$ 0.2	$ 0.1	$ 0.6	$ 0.6
Change in fair value of derivatives, tax	$ 0.2	$ 0.5	$ 1.1	$ 0.3
Dividends declared, per share (in dollars per share)	$ 0.3	$ 0.28	$ 0.88	$ 0.82

Unaudited Condensed Consolida_7

Unaudited Condensed Consolidated Statements of Cash Flows - USD ($) $ in Thousands	3 Months Ended		9 Months Ended		12 Months Ended
	Mar. 31, 2024	Mar. 31, 2023	Mar. 31, 2024	Mar. 31, 2023	Jun. 30, 2023
Cash flows from operating activities
Net income	$ 15,798	$ 80,510	$ 53,483	$ 118,823
Income (loss) from discontinued operations	(141)	(57)	(420)	(144)
Income from continuing operations	15,939	80,567	53,903	118,967
Adjustments to reconcile net income to net cash provided by (used in) operating activities:
Depreciation and amortization			21,146	21,275
Stock-based compensation			8,524	8,508
Non-cash portion of restructuring charge			895	129
Gain on sale of business	0	(62,105)	(274)	(62,105)
Contributions to defined benefit plans			(8,506)	(151)
Changes in operating assets and liabilities, net			(11,079)	(36,268)
Net cash provided by (used in) operating activities - continuing operations			64,609	50,355
Net cash provided by (used in) operating activities - discontinued operations			(497)	(37)
Net cash provided by (used in) operating activities			64,112	50,318
Cash flows from investing activities
Expenditures for property, plant, and equipment			(13,765)	(16,648)
Proceeds from sale of business			7,774	67,023
Expenditures for acquisitions, net of cash acquired			(47,696)	0
Other investing activity			(270)	(1,321)
Net cash provided by (used in) investing activities			(53,957)	49,054
Cash flows from financing activities
Proceeds from borrowings			0	224,500
Payments of debt			(25,000)	(226,200)
Contingent consideration payment			0	(1,167)
Activity under share-based payment plans			1,325	1,170
Purchases of treasury stock			(31,781)	(18,582)
Cash dividends paid			(10,375)	(9,699)
Net cash provided by (used in) financing activities			(65,831)	(29,978)
Effect of exchange rate changes on cash and cash equivalents			(1,231)	1,046
Net change in cash and cash equivalents			(56,907)	70,440
Cash and cash equivalents at beginning of year			195,706	104,844	$ 104,844
Cash and cash equivalents at end of period	$ 138,799	$ 175,284	138,799	175,284	$ 195,706
Supplemental Disclosure of Cash Flow Information:
Interest			3,080	3,186
Income taxes, net of refunds			$ 19,740	$ 22,064

Note 1 - Management Statement

Note 1 - Management Statement	9 Months Ended
Note 1 - Management Statement	Mar. 31, 2024
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, 2024 2023 nine March 31, 2024 2023 March 31, 2024 not not not June 30, 2023 June 30, 2023 not 10 June 30, 2023 June 30. 2024 twelve July 1, 2023 June 30, 2024. The preparation of consolidated financial statements in conformity with GAAP requires the use of estimates, judgments and assumptions that affect the reported amounts of assets, liabilities, revenues and expenses, and related disclosure of contingent assets and liabilities at the date of the financial statements and for the period then ended. Estimates are based on historical experience, actuarial estimates, current conditions and various other assumptions that are believed to be reasonable under the circumstances. These estimates form the basis for making judgments about the carrying values of assets and liabilities when they are not may not March 31, 2024 10 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. The Company evaluated subsequent events through the date and time its unaudited condensed consolidated financial statements were issued. Research and development expenditures are expensed as incurred. Total research and development costs, which are classified under selling, general, and administrative expenses, were $5.1 million and $4.8 million for the three March 31, 2024 2023 nine March 31, 2024 2023 Recently Issued Accounting Pronouncements From time to time, new accounting pronouncements are issued by the FASB or other standard setting bodies that the Company adopts as of the specified effective date. Unless otherwise discussed below, the Company does not may In November 2023, 2023 07, 280 2023 07" 2023 07 December 15, 2023, December 15, 2024. 2025. not In December 2023, 2023 09, 740 December 15, 2024. 2026.

Note 2 - Acquisitions

Note 2 - Acquisitions	9 Months Ended
Note 2 - Acquisitions	Mar. 31, 2024
Notes to Financial Statements
Business Combination Disclosure [Text Block]	2 At the time of the acquisition and March 31, 2024 Subsequent to the end of the third 2024, May 3, 2024 , fourth 2024. Sanyu On February 19, 2024, third 2024 24 The purchase price was allocated to the net tangible and identifiable intangible assets acquired and liabilities assumed based on a valuation of their fair values on the closing date. Goodwill recorded from this transaction is attributable to Sanyu's technical and applications expertise, which is highly complementary to the Company's existing business. Identifiable intangible assets of $2.6 million consist primarily of $0.7 million for indefinite lived tradenames and $1.9 million of customer relationships to be amortized over 12 years. The goodwill of $6.7 million created by the transaction is not The components of the fair value of the Sanyu acquisition, including the preliminary allocation of the purchase price are as follows (in thousands): Preliminary Allocation March 31, 2024 Total purchase consideration: Cash payments $ 22,178 Holdbacks 2,464 Less cash acquired (3,711 ) Total $ 20,931 Preliminary Allocation March 31, 2024 Identifiable assets acquired and liabilities assumed: Other acquired assets $ 9,453 Inventories 5,709 Property, plant, & equipment 4,791 Identifiable intangible assets 2,600 Goodwill 6,696 Liabilities assumed (8,318 ) Total $ 20,931 Minntronix On July 31, 2023, The purchase price was allocated to the net tangible and identifiable intangible assets acquired and liabilities assumed based on a valuation of their fair values on the closing date. Goodwill recorded from this transaction is attributable to Minntronix's technical and applications expertise, which is highly complementary to the Company's existing business. Identifiable intangible assets of $10.7 million consist primarily of $3.2 million for indefinite lived tradenames and $7.5 million of customer relationships to be amortized over 15 years. The goodwill of $13.9 million created by the transaction is not The components of the fair value of the Minntronix acquisition, including the preliminary allocation of the purchase price are as follows (in thousands): Preliminary Allocation March 31, 2024 Fair value of business combination: Cash payments $ 33,890 Less, cash acquired (4,661 ) Total $ 29,229 Preliminary Allocation March 31, 2024 Identifiable assets acquired and liabilities assumed: Other acquired assets $ 8,282 Customer backlog 1,120 Inventories 1,780 Property, plant, & equipment 1,039 Identifiable intangible assets 10,700 Goodwill 13,889 Liabilities assumed (7,581 ) Total $ 29,229 Acquisition Related Costs Acquisition related costs include costs related to acquired businesses and other pending acquisitions. These costs consist of (i) deferred compensation arrangements 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 Acquisition related costs for the three March 31, 2024 2023 nine March 31, 2024 2023

Note 3 - Revenue From Contracts

Note 3 - Revenue From Contracts With Customers	9 Months Ended
Note 3 - Revenue From Contracts With Customers	Mar. 31, 2024
Notes to Financial Statements
Revenue from Contract with Customer [Text Block]	3 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 is recognized over time under certain long-term contracts within the Engineering Technologies and Engraving groups 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, 2024 March 31, 2023 Electronics $ 80,431 $ 78,211 Engraving Services 33,011 35,454 Engraving Products 3,286 1,455 Total Engraving 36,297 36,909 Scientific 16,925 18,898 Engineering Technologies 20,098 18,052 Hydraulics Cylinders and Systems 14,800 13,548 Merchandising & Display 8,716 13,203 Pumps - 5,511 Total Specialty Solutions 23,516 32,262 Total revenue by product line $ 177,267 $ 184,332 Nine Months Ended Revenue by Product Line March 31, 2024 March 31, 2023 Electronics $ 241,538 $ 225,966 Engraving Services 110,214 105,259 Engraving Products 7,722 4,363 Total Engraving 117,936 109,622 Scientific 51,410 56,646 Engineering Technologies 58,205 59,244 Hydraulics Cylinders and Systems 41,410 47,823 Merchandising & Display 29,942 32,160 Pumps - 21,260 Total Specialty Solutions 71,352 101,243 Total revenue by product line $ 540,441 $ 552,721 The following table presents revenue from continuing operations disaggregated by geography based on company’s locations (in thousands): Three Months Ended Three Months Ended Nine Months Ended Nine Months Ended Net sales March 31, 2024 March 31, 2023 March 31, 2024 March 31, 2023 United States $ 107,805 $ 112,002 $ 332,473 $ 338,464 Asia Pacific 32,139 29,204 96,290 95,858 EMEA (1) 34,438 38,953 100,538 106,279 Other Americas 2,885 4,173 11,140 12,120 Total $ 177,267 $ 184,332 $ 540,441 $ 552,721 ( 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, 2024 March 31, 2023 Products and services transferred at a point in time $ 157,866 $ 169,669 Products transferred over time 19,401 14,663 Net sales $ 177,267 $ 184,332 Nine Months Ended Timing of Revenue Recognition March 31, 2024 March 31, 2023 Products and services transferred at a point in time $ 485,295 $ 501,090 Products transferred over time 55,146 51,631 Net sales $ 540,441 $ 552,721 Contract Balances Contract assets represent sales recognized in excess of billings related to work completed but not not 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. The following table provides information about contract assets and liability balances (in thousands): Balance at Beginning of Period Additions Deductions Balance at End of Period Nine months ended March 31, 2024 Contract assets: Prepaid expenses and other current assets $ 31,138 $ 53,394 $ 45,274 $ 39,258 Balance at Beginning of Period Additions Deductions Balance at End of Period Nine months ended March 31, 2023 Contract assets: Prepaid expenses and other current assets $ 24,679 $ 49,682 $ 43,820 $ 30,541 Contract liabilities: Customer deposits 41 13,015 12,750 306 We recognized the following revenue which was included in the contract liability beginning balances (in thousands): There was no 2024. March 31, 2023 March 31, 2023 Revenue recognized in the period from: Three months ended Six months ended Amounts included in the contract liability balance at the beginning of the period $ 38 $ 41

Note 4 - Fair Value Measurement

Note 4 - Fair Value Measurements	9 Months Ended
Note 4 - Fair Value Measurements	Mar. 31, 2024
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, 2024 June 30, 2023 Cash and cash equivalents, accounts receivable, accounts payable, and debt are carried at cost, which approximates fair value. The fair values of financial instruments were as follows (in thousands): March 31, 2024 Total Level 1 Level 2 Level 3 Assets Marketable securities - deferred compensation plan $ 4,808 $ 4,808 $ - $ - Interest rate swaps 6,011 - 6,011 - Debt securities 2,700 - - 2,700 Equity securities 2,025 - - 2,025 June 30, 2023 Total Level 1 Level 2 Level 3 Assets Marketable securities - deferred compensation plan $ 3,720 $ 3,720 $ - $ - Interest rate swaps 10,235 - 10,235 - Debt securities 2,729 - - 2,729 Equity securities 2,046 - - 2,046 Liabilities Foreign exchange contracts $ 1,722 $ - $ 1,722 $ - The Company is contractually obligated to pay contingent consideration to the sellers of GS Engineering in the event that certain revenue and gross margin targets are achieved during the five not third fourth fourth 2020, 2021, 2022 2023, March 31, 2024 2024. The Company has determined the fair value of the liabilities for the contingent consideration based on a probability-weighted discounted cash flow analysis. This fair value not 3 Additionally, the Company has financial assets based upon Level 3 The Company invested $2.0 million for equity securities of a company whose securities are not not not In the third 2023, one third 2024, 2024. There have been no 3 2024 The Company updates its assumptions each reporting period based on new developments and records such amounts at fair value based on the revised assumptions until the agreements expire.

Note 5 - Inventories

Note 5 - Inventories	9 Months Ended
Note 5 - Inventories	Mar. 31, 2024
Notes to Financial Statements
Inventory Disclosure [Text Block]	5 Inventories from continuing operations are comprised of the following (in thousands): March 31, 2024 June 30, 2023 Raw materials $ 49,540 $ 45,268 Work in process 18,067 20,389 Finished goods 27,563 32,880 Total $ 95,170 $ 98,537 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 $2.6 million and $3.2 million for the three March 31, 2024 2023 nine March 31, 2024 2023

Note 6 - Goodwill

Note 6 - Goodwill	9 Months Ended
Note 6 - Goodwill	Mar. 31, 2024
Notes to Financial Statements
Goodwill Disclosure [Text Block]	6 Goodwill Changes to goodwill by segment during the period were as follows (in thousands): June 30, 2023 Acquisitions Translation Adjustment March 31, 2024 Electronics $ 133,432 $ 20,585 $ (3,260 ) $ 150,757 Engraving 76,583 - (95 ) 76,488 Scientific 15,454 - - 15,454 Engineering Technologies 36,293 - (51 ) 36,242 Specialty Solutions 3,059 - - 3,059 Total $ 264,821 $ 20,585 $ (3,406 ) $ 282,000

Note 7 - Warranty Reserves

Note 7 - Warranty Reserves	9 Months Ended
Note 7 - Warranty Reserves	Mar. 31, 2024
Notes to Financial Statements
Product Warranty Disclosure [Text Block]	7 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 change in warranty reserves from continuing operations, which are recorded as a component of accrued liabilities were as follows (in thousands): March 31, 2024 June 30, 2023 Balance at beginning of year $ 2,094 $ 1,918 Acquisitions and other charges 146 - Warranty expense 1,223 1,939 Warranty claims (1,064 ) (1,763 ) Balance at end of period $ 2,399 $ 2,094

Note 8 - Debt

Note 8 - Debt	9 Months Ended
Note 8 - Debt	Mar. 31, 2024
Notes to Financial Statements
Debt Disclosure [Text Block]	8 Debt Long-term debt is comprised of the following (in thousands): March 31, 2024 June 30, 2023 Bank credit agreements $ 150,000 $ 175,000 Total funded debt 150,000 175,000 Issuance cost (1,232 ) (1,559 ) Total long-term debt $ 148,768 $ 173,441 Bank Credit Agreements During the third 2023, five At March 31, 2024 may March 31, 2024 March 31, 2024

Note 9 - Accrued Liabilities

Note 9 - Accrued Liabilities	9 Months Ended
Note 9 - Accrued Liabilities	Mar. 31, 2024
Notes to Financial Statements
Accounts Payable, Accrued Liabilities, and Other Liabilities Disclosure, Current [Text Block]	9 Accrued liabilities consist of the following (in thousands): March 31, 2024 June 30, 2023 Payroll and employee benefits $ 23,563 $ 30,778 Operating lease current liability 7,946 8,036 Warranty reserves 2,399 2,094 Restructuring costs 2,191 1,296 Workers' compensation 1,144 1,516 Fair value of derivatives - 1,722 Other 18,204 16,589 Total $ 55,447 $ 62,031

Note 10 - Derivative Financial

Note 10 - Derivative Financial Instruments	9 Months Ended
Note 10 - Derivative Financial Instruments	Mar. 31, 2024
Notes to Financial Statements
Derivative Instruments and Hedging Activities Disclosure [Text Block]	10 Derivative Financial Instruments The Company is exposed to market risks from changes in interest rates, commodity prices and changes in foreign currency rates. The Company selectively uses derivative financial instruments in order to manage certain of 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 may The Company’s effective swap agreements convert the base borrowing rate on $150 million of debt due under our revolving credit agreement from a variable rate equal to 1 March 31, 2024 Effective Date Notional Amount Fixed Interest Rate Maturity March 31, 2024 June 30, 2023 February 6, 2023 25,000 2.80 % August 6, 2023 $ - $ 59 February 23, 2023 100,000 0.86 % March 23, 2025 3,941 6,716 May 24, 2023 25,000 0.81 % April 24, 2025 1,081 1,777 February 24, 2023 25,000 0.86 % March 24, 2025 989 1,683 $ 6,011 $ 10,235 The Company reported no losses for the three nine March 31, 2024 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, 2024 June 30, 2023 2024, The notional amounts of the Company’s forward contracts, by currency, are as follows (in thousands): Currency March 31, 2024 June 30, 2023 CAD 6,079 16,600 JPY 2,100,000 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, 2024 June 30, 2023 Derivative designated Balance Sheet Balance Sheet as hedging instruments Line Item Fair Value Line Item Fair Value Interest rate swaps Prepaid expenses and other current assets $ 6,011 Prepaid expenses and other current assets $ 10,235 $ 6,011 $ 10,235 Liability Derivatives March 31, 2024 June 30, 2023 Derivative designated Balance Sheet Balance Sheet as hedging instruments Line Item Fair Value Line Item Fair Value Foreign exchange contracts Accrued liabilities $ - Accrued liabilities $ 315 $ - $ 315 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, 2024 2023 2024 2023 Interest rate swaps $ 1,036 $ (586 ) $ 761 $ 4,174 Foreign exchange contracts - 18 315 (945 ) $ 1,036 $ (568 ) $ 1,076 $ 3,229 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 2024 2023 2024 2023 of Operations Interest rate swaps $ (1,703 ) $ (1,449 ) $ (5,136 ) $ (3,008 ) Interest expense Foreign exchange contracts - (26 ) (215 ) 1,069 Other non-operating (income) expense, net $ (1,703 ) $ (1,475 ) $ (5,351 ) $ (1,939 )

Note 11 - Retirement Benefits

Note 11 - Retirement Benefits	9 Months Ended
Note 11 - Retirement Benefits	Mar. 31, 2024
Notes to Financial Statements
Retirement Benefits [Text Block]	11 The Company has defined benefit pension plans covering certain current and former employees both inside and outside of the U.S. The Company’s pension plan for U.S. employees is frozen for substantially all participants and has been replaced with a defined contribution benefit plan. Obligations under the unfunded defined benefit plan operated by the Sanyu business in Japan have been transferred to the Company as of the date of acquisition in the third 2024. Net periodic benefit cost for the Company’s U.S. and Foreign pension benefit plans for the periods ended consisted of the following components (in thousands): U.S. Plans Non-U.S. Plans Three Months Ended Three Months Ended March 31, March 31, 2024 2023 2024 2023 Service cost $ - $ - $ 41 $ 44 Interest cost 2,472 2,397 296 249 Expected return on plan assets (2,776 ) (2,993 ) (350 ) (218 ) Recognized net actuarial loss 950 953 (152 ) (13 ) Amortization of prior service cost - - (1 ) (1 ) Net periodic (benefit) cost $ 646 $ 357 $ (166 ) $ 61 U.S. Plans Non-U.S. Plans Nine Months Ended Nine Months Ended March 31, March 31, 2024 2023 2024 2023 Service cost $ - $ - $ 122 $ 131 Interest cost 7,418 7,190 885 774 Expected return on plan assets (8,334 ) (8,980 ) (1,049 ) (710 ) Recognized net actuarial loss 2,852 2,860 (454 ) (44 ) Amortization of prior service cost - - (3 ) (3 ) Net periodic (benefit) cost $ 1,936 $ 1,070 $ (499 ) $ 148 The following table sets forth the amounts recognized for the Company's defined benefit pension plans (in thousands): Amounts recognized in the consolidated balance sheets consist of: March 31, 2024 June 30, 2023 Prepaid benefit cost $ 3,095 $ 2,807 Current liabilities (526 ) (425 ) Non-current liabilities (40,378 ) (48,154 ) Net amount recognized $ (37,809 ) $ (45,772 ) The contributions made to defined benefit plans are presented below along with remaining contributions to be made for fiscal year 2024 Fiscal Year 2024 Fiscal Year 2023 Remaining Three Months Ended Nine Months Ended Three Months Ended Nine Months Ended Contributions Contributions to defined benefit plans March 31, 2024 March 31, 2024 March 31, 2023 March 31, 2023 FY 2024 United States, funded plan $ 6,921 $ 8,363 $ - $ - $ 1,442 United States, unfunded plan 44 143 49 151 42 United Kingdom - - - - - Germany, unfunded plan - - - - 256 $ 6,965 $ 8,506 $ 49 $ 151 $ 1,740

Note 12 - Income Taxes

Note 12 - Income Taxes	9 Months Ended
Note 12 - Income Taxes	Mar. 31, 2024
Notes to Financial Statements
Income Tax Disclosure [Text Block]	12 ) Income Taxes The Company's effective tax rate from continuing operations for the third 2024 nine March 31, 2024 The tax rate was impacted in the current period by the following items: (i) a discrete tax expense related to provision to return adjustments associated with federal research and development tax credits and the limitation on executive compensation, (ii) the jurisdictional mix of earnings and (iii) a discrete tax benefit related to foreign withholding taxes. The tax rate was impacted in the prior period by the following items: (i) a discrete tax benefit related to the partial release of a valuation allowance previously recorded against deferred tax assets and connected to capital loss carryforwards, resulting from the utilization of capital loss carryforward to offset capital gain from the sale of Procon (ii) a discrete tax expense related to provision to return adjustments as a result of a change in tax rate for the Company’s operations within China's tax jurisdiction, (iii) a discrete tax benefit related to provision to return adjustments associated with federal and state research and development tax credits, (iv) the jurisdictional mix of earnings and (v) foreign withholding taxes.

Note 13 - Earnings Per Share

Note 13 - Earnings Per Share	9 Months Ended
Note 13 - Earnings Per Share	Mar. 31, 2024
Notes to Financial Statements
Earnings Per Share [Text Block]	13 Earnings Per Share The Company uses shares acquired through treasury stock repurchases for the issuance of shares of common stock for the settlement of awards under its stock-based compensation plans, with the net effect of these transactions accounting for the change in common stock outstanding. 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, 2024 2023 2024 2023 Basic - Average shares outstanding 11,772 11,811 11,764 11,825 Dilutive effect of unvested, restricted stock awards 77 84 112 92 Diluted - Average shares outstanding 11,849 11,895 11,876 11,917 Earnings available to common stockholders are the same for computing both basic and diluted earnings per share. There were no outstanding instruments that had an anti-dilutive effect at March 31, 2024 2023 Performance stock units of 87,956 and 132,217 for the nine March 31, 2024 2023 not

Note 14 - Accumulated Other Com

Note 14 - Accumulated Other Comprehensive Income (Loss)	9 Months Ended
Note 14 - Accumulated Other Comprehensive Income (Loss)	Mar. 31, 2024
Notes to Financial Statements
Comprehensive Income (Loss) Note [Text Block]	14 ) Accumulated Other Comprehensive Income (L oss) The components of the Company’s accumulated other comprehensive income (loss) are as follows (in thousands): March 31, 2024 June 30, 2023 Foreign currency translation adjustment $ (82,535 ) $ (74,373 ) Unrealized pension losses, net of tax (90,956 ) (92,761 ) Unrealized gains (losses) on derivative instruments, net of tax 5,486 8,657 Total $ (168,005 ) $ (158,477 )

Note 15 - Contingencies

Note 15 - Contingencies	9 Months Ended
Note 15 - Contingencies	Mar. 31, 2024
Notes to Financial Statements
Contingencies Disclosure [Text Block]	15 ) Contingencies From time to time, the Company is subject to various claims and legal proceedings, including claims related to environmental remediation, either asserted or unasserted, that arise in the ordinary course of business. While the outcome of these proceedings and claims cannot be predicted with certainty, the Company’s management does not

Note 16 - Industry Segment Info

Note 16 - Industry Segment Information	9 Months Ended
Note 16 - Industry Segment Information	Mar. 31, 2024
Notes to Financial Statements
Segment Reporting Disclosure [Text Block]	16 The Company has five • Electronics – manufactures and sells electronic components for applications throughout the end user market spectrum; • Engraving – provides mold texturizing, slush molding tools, project management and design services, roll engraving, hygiene product tooling, low observation vents for stealth aircraft, and process machinery for a number of industries; • Scientific – sells specialty temperature-controlled equipment for the medical, scientific, pharmaceutical, biotech and industrial markets; • Engineering Technologies – provides net and near net formed single-source customized solutions in the manufacture of engineered components for the aviation, aerospace, defense, energy, industrial, medical, marine, oil and gas, and manned and unmanned space markets; • Specialty Solutions – an aggregation of two Net sales and income (loss) from continuing operations by segment were as follows (in thousands): Three Months Ended March 31, Net Sales Income from Operations 2024 2023 2024 2023 Industry segment: Electronics $ 80,431 $ 78,211 $ 15,700 $ 17,047 Engraving 36,297 36,909 6,260 5,353 Scientific 16,925 18,898 4,896 4,561 Engineering Technologies 20,098 18,052 3,524 2,351 Specialty Solutions 23,516 32,262 4,668 7,151 Corporate - - (8,522 ) (8,520 ) Restructuring costs - - (4,037 ) (2,237 ) Gain on sale of business - - - 62,105 Acquisition related costs - - (537 ) (21 ) Other operating income (expense), net - - (110 ) 727 Sub-total $ 177,267 $ 184,332 $ 21,842 $ 88,517 Interest expense 949 1,415 Other non-operating (income) expense 627 747 Income from continuing operations before income taxes $ 20,266 $ 86,355 Nine Months Ended March 31, Net Sales Income from Operations 2024 2023 2024 2023 Industry segment: Electronics $ 241,538 $ 225,966 $ 47,884 $ 52,160 Engraving 117,936 109,622 22,765 17,580 Scientific 51,410 56,646 14,074 12,449 Engineering Technologies 58,205 59,244 9,946 7,957 Specialty Solutions 71,352 101,243 14,250 18,944 Corporate - - (24,956 ) (25,376 ) Restructuring costs - - (7,303 ) (3,330 ) Gain on sale of business - - 274 62,105 Acquisition related costs - - (2,233 ) (487 ) Other operating income (expense), net - - (110 ) 611 Sub-total $ 540,441 $ 552,721 $ 74,591 $ 142,613 Interest expense 3,244 4,168 Other non-operating (income) expense 1,805 1,695 Income from continuing operations before income taxes $ 69,542 $ 136,750 Net sales include only transactions with unaffiliated customers and include no

Note 17 - Restructuring

Note 17 - Restructuring	9 Months Ended
Note 17 - Restructuring	Mar. 31, 2024
Notes to Financial Statements
Restructuring and Related Activities Disclosure [Text Block]	17 The Company has undertaken a number of initiatives that have resulted in severance, restructuring, and related charges. 2024 The Company continues to focus its efforts to reduce cost and improve productivity across its businesses. Restructuring expenses primarily related to facility rationalizations, headcount reductions and other cost saving initiatives. The Company expects the 2024 2025. Prior Year Restructuring Initiatives Restructuring expenses primarily related to headcount reductions and facility rationalization within our Engraving and Electronics segments. The Company also incurred restructuring expenses related to third 2024. A summary of charges by initiative is as follows (in thousands): Three Months Ended Nine Months Ended March 31, 2024 March 31, 2024 Fiscal Year 2024 Involuntary Employee Severance and Benefit Costs Other Total Involuntary Employee Severance and Benefit Costs Other Total Current year initiatives $ 1,885 $ 2,060 $ 3,945 $ 3,671 $ 3,312 $ 6,983 Prior year initiatives 7 85 92 189 131 320 $ 1,892 $ 2,145 $ 4,037 $ 3,860 $ 3,443 $ 7,303 Three Months Ended Nine Months Ended March 31, 2023 March 31, 2023 Fiscal Year 2023 Involuntary Employee Severance and Benefit Costs Other Total Involuntary Employee Severance and Benefit Costs Other Total Current year initiatives $ 1,460 $ 68 $ 1,528 $ 1,671 $ 185 $ 1,856 Prior year initiatives 87 622 709 412 1,062 1,474 $ 1,547 $ 690 $ 2,237 $ 2,083 $ 1,247 $ 3,330 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, 2023 $ - $ - $ - Additions and adjustments 3,671 3,312 6,983 Payments (1,884 ) (3,136 ) (5,020 ) Restructuring liabilities at March 31, 2024 $ 1,787 $ 176 $ 1,963 Prior Year Initiatives Involuntary Employee Severance and Benefit Costs Other Total Restructuring liabilities at June 30, 2023 $ 1,104 $ 192 $ 1,296 Additions and adjustments 189 131 320 Payments (1,065 ) (323 ) (1,388 ) Restructuring liabilities at March 31, 2024 $ 228 $ - $ 228 Prior Year Involuntary Employee Severance and Benefit Costs Other Total Restructuring liabilities at June 30, 2022 $ 1,045 $ 695 $ 1,740 Additions and adjustments 2,083 1,247 3,330 Payments (1,549 ) (1,652 ) (3,201 ) Restructuring liabilities at March 31, 2023 $ 1,579 $ 290 $ 1,869 The Company’s total restructuring expenses by segment are as follows (in thousands): Three Months Ended Nine Months Ended March 31, 2024 March 31, 2024 Involuntary Employee Severance and Benefit Costs Other Total Involuntary Employee Severance and Benefit Costs Other Total Electronics $ 84 $ 5 $ 89 $ 675 $ 444 $ 1,119 Engraving 1,048 2,140 3,188 1,884 2,999 4,883 Engineering Technologies - - - 55 - 55 Corporate 760 - 760 1,246 - 1,246 $ 1,892 $ 2,145 $ 4,037 $ 3,860 $ 3,443 $ 7,303 Three Months Ended Nine Months Ended March 31, 2023 March 31, 2023 Involuntary Employee Severance and Benefit Costs Other Total Involuntary Employee Severance and Benefit Costs Other Total Electronics $ 58 $ 545 $ 603 $ 214 $ 885 $ 1,099 Engraving 157 145 302 537 362 899 Corporate 1,332 - 1,332 1,332 - 1,332 $ 1,547 $ 690 $ 2,237 $ 2,083 $ 1,247 $ 3,330 Restructuring expense is expected to be approximately $0.4 million for the remainder of fiscal year 2024.

Note 18 - Divestitures

Note 18 - Divestitures	9 Months Ended
Note 18 - Divestitures	Mar. 31, 2024
Disposal Group, Disposed of by Sale, Not Discontinued Operations [Member]
Notes to Financial Statements
Disposal Groups, Including Discontinued Operations, Disclosure [Text Block]	18 On February 28, 2023, first eight 2023 . The Company received $67.0 million cash consideration at closing, which is presented as an investing cash flow in fiscal year 2023. 2023. 2023. During the first 2024, third 2024, 2024.

Insider Trading Arrangements

Insider Trading Arrangements	9 Months Ended
Insider Trading Arrangements	Mar. 31, 2024
Insider Trading Arr Line Items
Material Terms of Trading Arrangement [Text Block]	5. None 10b5 1 10b5 1 408 March 31, 2024
Rule 10b5-1 Arrangement Terminated [Flag]	false
Non-Rule 10b5-1 Arrangement Terminated [Flag]	false
Rule 10b5-1 Arrangement Adopted [Flag]	false
Non-Rule 10b5-1 Arrangement Adopted [Flag]	false

Note 2 - Acquisitions (Tables)

Note 2 - Acquisitions (Tables)	9 Months Ended
Note 2 - Acquisitions (Tables)	Mar. 31, 2024
Minntronixs [Member]
Notes Tables
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block]	Preliminary Allocation March 31, 2024 Fair value of business combination: Cash payments $ 33,890 Less, cash acquired (4,661 ) Total $ 29,229 Preliminary Allocation March 31, 2024 Identifiable assets acquired and liabilities assumed: Other acquired assets $ 8,282 Customer backlog 1,120 Inventories 1,780 Property, plant, & equipment 1,039 Identifiable intangible assets 10,700 Goodwill 13,889 Liabilities assumed (7,581 ) Total $ 29,229
Sanyu Switch Co., Ltd [Member]
Notes Tables
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block]	Preliminary Allocation March 31, 2024 Total purchase consideration: Cash payments $ 22,178 Holdbacks 2,464 Less cash acquired (3,711 ) Total $ 20,931 Preliminary Allocation March 31, 2024 Identifiable assets acquired and liabilities assumed: Other acquired assets $ 9,453 Inventories 5,709 Property, plant, & equipment 4,791 Identifiable intangible assets 2,600 Goodwill 6,696 Liabilities assumed (8,318 ) Total $ 20,931

Note 3 - Revenue From Contrac_2

Note 3 - Revenue From Contracts With Customers (Tables)	9 Months Ended
Note 3 - Revenue From Contracts With Customers (Tables)	Mar. 31, 2024
Notes Tables
Disaggregation of Revenue [Table Text Block]	Three Months Ended Revenue by Product Line March 31, 2024 March 31, 2023 Electronics $ 80,431 $ 78,211 Engraving Services 33,011 35,454 Engraving Products 3,286 1,455 Total Engraving 36,297 36,909 Scientific 16,925 18,898 Engineering Technologies 20,098 18,052 Hydraulics Cylinders and Systems 14,800 13,548 Merchandising & Display 8,716 13,203 Pumps - 5,511 Total Specialty Solutions 23,516 32,262 Total revenue by product line $ 177,267 $ 184,332 Nine Months Ended Revenue by Product Line March 31, 2024 March 31, 2023 Electronics $ 241,538 $ 225,966 Engraving Services 110,214 105,259 Engraving Products 7,722 4,363 Total Engraving 117,936 109,622 Scientific 51,410 56,646 Engineering Technologies 58,205 59,244 Hydraulics Cylinders and Systems 41,410 47,823 Merchandising & Display 29,942 32,160 Pumps - 21,260 Total Specialty Solutions 71,352 101,243 Total revenue by product line $ 540,441 $ 552,721 Three Months Ended Three Months Ended Nine Months Ended Nine Months Ended Net sales March 31, 2024 March 31, 2023 March 31, 2024 March 31, 2023 United States $ 107,805 $ 112,002 $ 332,473 $ 338,464 Asia Pacific 32,139 29,204 96,290 95,858 EMEA (1) 34,438 38,953 100,538 106,279 Other Americas 2,885 4,173 11,140 12,120 Total $ 177,267 $ 184,332 $ 540,441 $ 552,721 Three Months Ended Timing of Revenue Recognition March 31, 2024 March 31, 2023 Products and services transferred at a point in time $ 157,866 $ 169,669 Products transferred over time 19,401 14,663 Net sales $ 177,267 $ 184,332 Nine Months Ended Timing of Revenue Recognition March 31, 2024 March 31, 2023 Products and services transferred at a point in time $ 485,295 $ 501,090 Products transferred over time 55,146 51,631 Net sales $ 540,441 $ 552,721
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, 2024 Contract assets: Prepaid expenses and other current assets $ 31,138 $ 53,394 $ 45,274 $ 39,258 Balance at Beginning of Period Additions Deductions Balance at End of Period Nine months ended March 31, 2023 Contract assets: Prepaid expenses and other current assets $ 24,679 $ 49,682 $ 43,820 $ 30,541 Contract liabilities: Customer deposits 41 13,015 12,750 306 March 31, 2023 March 31, 2023 Revenue recognized in the period from: Three months ended Six months ended Amounts included in the contract liability balance at the beginning of the period $ 38 $ 41

Note 4 - Fair Value Measureme_2

Note 4 - Fair Value Measurements (Tables)	9 Months Ended
Note 4 - Fair Value Measurements (Tables)	Mar. 31, 2024
Notes Tables
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block]	March 31, 2024 Total Level 1 Level 2 Level 3 Assets Marketable securities - deferred compensation plan $ 4,808 $ 4,808 $ - $ - Interest rate swaps 6,011 - 6,011 - Debt securities 2,700 - - 2,700 Equity securities 2,025 - - 2,025 June 30, 2023 Total Level 1 Level 2 Level 3 Assets Marketable securities - deferred compensation plan $ 3,720 $ 3,720 $ - $ - Interest rate swaps 10,235 - 10,235 - Debt securities 2,729 - - 2,729 Equity securities 2,046 - - 2,046 Liabilities Foreign exchange contracts $ 1,722 $ - $ 1,722 $ -

Note 5 - Inventories (Tables)

Note 5 - Inventories (Tables)	9 Months Ended
Note 5 - Inventories (Tables)	Mar. 31, 2024
Notes Tables
Schedule of Inventory, Current [Table Text Block]	March 31, 2024 June 30, 2023 Raw materials $ 49,540 $ 45,268 Work in process 18,067 20,389 Finished goods 27,563 32,880 Total $ 95,170 $ 98,537

Note 6 - Goodwill (Tables)

Note 6 - Goodwill (Tables)	9 Months Ended
Note 6 - Goodwill (Tables)	Mar. 31, 2024
Notes Tables
Schedule of Goodwill [Table Text Block]	June 30, 2023 Acquisitions Translation Adjustment March 31, 2024 Electronics $ 133,432 $ 20,585 $ (3,260 ) $ 150,757 Engraving 76,583 - (95 ) 76,488 Scientific 15,454 - - 15,454 Engineering Technologies 36,293 - (51 ) 36,242 Specialty Solutions 3,059 - - 3,059 Total $ 264,821 $ 20,585 $ (3,406 ) $ 282,000

Note 7 - Warranty Reserves (Tab

Note 7 - Warranty Reserves (Tables)	9 Months Ended
Note 7 - Warranty Reserves (Tables)	Mar. 31, 2024
Notes Tables
Schedule of Product Warranty Liability [Table Text Block]	March 31, 2024 June 30, 2023 Balance at beginning of year $ 2,094 $ 1,918 Acquisitions and other charges 146 - Warranty expense 1,223 1,939 Warranty claims (1,064 ) (1,763 ) Balance at end of period $ 2,399 $ 2,094

Note 8 - Debt (Tables)

Note 8 - Debt (Tables)	9 Months Ended
Note 8 - Debt (Tables)	Mar. 31, 2024
Notes Tables
Schedule of Long-Term Debt Instruments [Table Text Block]	March 31, 2024 June 30, 2023 Bank credit agreements $ 150,000 $ 175,000 Total funded debt 150,000 175,000 Issuance cost (1,232 ) (1,559 ) Total long-term debt $ 148,768 $ 173,441

Note 9 - Accrued Liabilities (T

Note 9 - Accrued Liabilities (Tables)	9 Months Ended
Note 9 - Accrued Liabilities (Tables)	Mar. 31, 2024
Notes Tables
Schedule of Accrued Liabilities [Table Text Block]	March 31, 2024 June 30, 2023 Payroll and employee benefits $ 23,563 $ 30,778 Operating lease current liability 7,946 8,036 Warranty reserves 2,399 2,094 Restructuring costs 2,191 1,296 Workers' compensation 1,144 1,516 Fair value of derivatives - 1,722 Other 18,204 16,589 Total $ 55,447 $ 62,031

Note 10 - Derivative Financia_2

Note 10 - Derivative Financial Instruments (Tables)	9 Months Ended
Note 10 - Derivative Financial Instruments (Tables)	Mar. 31, 2024
Notes Tables
Schedule of Interest Rate Derivatives [Table Text Block]	Effective Date Notional Amount Fixed Interest Rate Maturity March 31, 2024 June 30, 2023 February 6, 2023 25,000 2.80 % August 6, 2023 $ - $ 59 February 23, 2023 100,000 0.86 % March 23, 2025 3,941 6,716 May 24, 2023 25,000 0.81 % April 24, 2025 1,081 1,777 February 24, 2023 25,000 0.86 % March 24, 2025 989 1,683 $ 6,011 $ 10,235
Schedule of Foreign Exchange Contracts, Statement of Financial Position [Table Text Block]	Currency March 31, 2024 June 30, 2023 CAD 6,079 16,600 JPY 2,100,000
Schedule of Derivative Instruments, Effect on Other Comprehensive Income (Loss) [Table Text Block]	Asset Derivatives March 31, 2024 June 30, 2023 Derivative designated Balance Sheet Balance Sheet as hedging instruments Line Item Fair Value Line Item Fair Value Interest rate swaps Prepaid expenses and other current assets $ 6,011 Prepaid expenses and other current assets $ 10,235 $ 6,011 $ 10,235 Liability Derivatives March 31, 2024 June 30, 2023 Derivative designated Balance Sheet Balance Sheet as hedging instruments Line Item Fair Value Line Item Fair Value Foreign exchange contracts Accrued liabilities $ - Accrued liabilities $ 315 $ - $ 315
Derivative Instruments, Gain (Loss) [Table Text Block]	Three Months Ended Nine Months Ended March 31, March 31, 2024 2023 2024 2023 Interest rate swaps $ 1,036 $ (586 ) $ 761 $ 4,174 Foreign exchange contracts - 18 315 (945 ) $ 1,036 $ (568 ) $ 1,076 $ 3,229
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 2024 2023 2024 2023 of Operations Interest rate swaps $ (1,703 ) $ (1,449 ) $ (5,136 ) $ (3,008 ) Interest expense Foreign exchange contracts - (26 ) (215 ) 1,069 Other non-operating (income) expense, net $ (1,703 ) $ (1,475 ) $ (5,351 ) $ (1,939 )

Note 11 - Retirement Benefits (

Note 11 - Retirement Benefits (Tables)	9 Months Ended
Note 11 - Retirement Benefits (Tables)	Mar. 31, 2024
Notes Tables
Schedule of Defined Benefit Plan Contributions [Table Text Block]	Fiscal Year 2024 Fiscal Year 2023 Remaining Three Months Ended Nine Months Ended Three Months Ended Nine Months Ended Contributions Contributions to defined benefit plans March 31, 2024 March 31, 2024 March 31, 2023 March 31, 2023 FY 2024 United States, funded plan $ 6,921 $ 8,363 $ - $ - $ 1,442 United States, unfunded plan 44 143 49 151 42 United Kingdom - - - - - Germany, unfunded plan - - - - 256 $ 6,965 $ 8,506 $ 49 $ 151 $ 1,740
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, 2024 2023 2024 2023 Service cost $ - $ - $ 41 $ 44 Interest cost 2,472 2,397 296 249 Expected return on plan assets (2,776 ) (2,993 ) (350 ) (218 ) Recognized net actuarial loss 950 953 (152 ) (13 ) Amortization of prior service cost - - (1 ) (1 ) Net periodic (benefit) cost $ 646 $ 357 $ (166 ) $ 61 U.S. Plans Non-U.S. Plans Nine Months Ended Nine Months Ended March 31, March 31, 2024 2023 2024 2023 Service cost $ - $ - $ 122 $ 131 Interest cost 7,418 7,190 885 774 Expected return on plan assets (8,334 ) (8,980 ) (1,049 ) (710 ) Recognized net actuarial loss 2,852 2,860 (454 ) (44 ) Amortization of prior service cost - - (3 ) (3 ) Net periodic (benefit) cost $ 1,936 $ 1,070 $ (499 ) $ 148
Schedule of Net Funded Status [Table Text Block]	Amounts recognized in the consolidated balance sheets consist of: March 31, 2024 June 30, 2023 Prepaid benefit cost $ 3,095 $ 2,807 Current liabilities (526 ) (425 ) Non-current liabilities (40,378 ) (48,154 ) Net amount recognized $ (37,809 ) $ (45,772 )

Note 13 - Earnings Per Share (T

Note 13 - Earnings Per Share (Tables)	9 Months Ended
Note 13 - Earnings Per Share (Tables)	Mar. 31, 2024
Notes Tables
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]	Three Months Ended Nine Months Ended March 31, March 31, 2024 2023 2024 2023 Basic - Average shares outstanding 11,772 11,811 11,764 11,825 Dilutive effect of unvested, restricted stock awards 77 84 112 92 Diluted - Average shares outstanding 11,849 11,895 11,876 11,917

Note 14 - Accumulated Other C_2

Note 14 - Accumulated Other Comprehensive Income (Loss) (Tables)	9 Months Ended
	Mar. 31, 2024
Notes Tables
Schedule of Accumulated Other Comprehensive Income (Loss) [Table Text Block]	March 31, 2024 June 30, 2023 Foreign currency translation adjustment $ (82,535 ) $ (74,373 ) Unrealized pension losses, net of tax (90,956 ) (92,761 ) Unrealized gains (losses) on derivative instruments, net of tax 5,486 8,657 Total $ (168,005 ) $ (158,477 )

Note 16 - Industry Segment In_2

Note 16 - Industry Segment Information (Tables)	9 Months Ended
Note 16 - Industry Segment Information (Tables)	Mar. 31, 2024
Notes Tables
Reconciliation of Operating Profit (Loss) from Segments to Consolidated [Table Text Block]	Three Months Ended March 31, Net Sales Income from Operations 2024 2023 2024 2023 Industry segment: Electronics $ 80,431 $ 78,211 $ 15,700 $ 17,047 Engraving 36,297 36,909 6,260 5,353 Scientific 16,925 18,898 4,896 4,561 Engineering Technologies 20,098 18,052 3,524 2,351 Specialty Solutions 23,516 32,262 4,668 7,151 Corporate - - (8,522 ) (8,520 ) Restructuring costs - - (4,037 ) (2,237 ) Gain on sale of business - - - 62,105 Acquisition related costs - - (537 ) (21 ) Other operating income (expense), net - - (110 ) 727 Sub-total $ 177,267 $ 184,332 $ 21,842 $ 88,517 Interest expense 949 1,415 Other non-operating (income) expense 627 747 Income from continuing operations before income taxes $ 20,266 $ 86,355 Nine Months Ended March 31, Net Sales Income from Operations 2024 2023 2024 2023 Industry segment: Electronics $ 241,538 $ 225,966 $ 47,884 $ 52,160 Engraving 117,936 109,622 22,765 17,580 Scientific 51,410 56,646 14,074 12,449 Engineering Technologies 58,205 59,244 9,946 7,957 Specialty Solutions 71,352 101,243 14,250 18,944 Corporate - - (24,956 ) (25,376 ) Restructuring costs - - (7,303 ) (3,330 ) Gain on sale of business - - 274 62,105 Acquisition related costs - - (2,233 ) (487 ) Other operating income (expense), net - - (110 ) 611 Sub-total $ 540,441 $ 552,721 $ 74,591 $ 142,613 Interest expense 3,244 4,168 Other non-operating (income) expense 1,805 1,695 Income from continuing operations before income taxes $ 69,542 $ 136,750

Note 17 - Restructuring (Tables

Note 17 - Restructuring (Tables)	9 Months Ended
Note 17 - Restructuring (Tables)	Mar. 31, 2024
Notes Tables
Restructuring and Related Costs [Table Text Block]	Three Months Ended Nine Months Ended March 31, 2024 March 31, 2024 Fiscal Year 2024 Involuntary Employee Severance and Benefit Costs Other Total Involuntary Employee Severance and Benefit Costs Other Total Current year initiatives $ 1,885 $ 2,060 $ 3,945 $ 3,671 $ 3,312 $ 6,983 Prior year initiatives 7 85 92 189 131 320 $ 1,892 $ 2,145 $ 4,037 $ 3,860 $ 3,443 $ 7,303 Three Months Ended Nine Months Ended March 31, 2023 March 31, 2023 Fiscal Year 2023 Involuntary Employee Severance and Benefit Costs Other Total Involuntary Employee Severance and Benefit Costs Other Total Current year initiatives $ 1,460 $ 68 $ 1,528 $ 1,671 $ 185 $ 1,856 Prior year initiatives 87 622 709 412 1,062 1,474 $ 1,547 $ 690 $ 2,237 $ 2,083 $ 1,247 $ 3,330
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, 2023 $ - $ - $ - Additions and adjustments 3,671 3,312 6,983 Payments (1,884 ) (3,136 ) (5,020 ) Restructuring liabilities at March 31, 2024 $ 1,787 $ 176 $ 1,963 Prior Year Initiatives Involuntary Employee Severance and Benefit Costs Other Total Restructuring liabilities at June 30, 2023 $ 1,104 $ 192 $ 1,296 Additions and adjustments 189 131 320 Payments (1,065 ) (323 ) (1,388 ) Restructuring liabilities at March 31, 2024 $ 228 $ - $ 228 Prior Year Involuntary Employee Severance and Benefit Costs Other Total Restructuring liabilities at June 30, 2022 $ 1,045 $ 695 $ 1,740 Additions and adjustments 2,083 1,247 3,330 Payments (1,549 ) (1,652 ) (3,201 ) Restructuring liabilities at March 31, 2023 $ 1,579 $ 290 $ 1,869
Restructuring Expenses By Segment [Table Text Block]	Three Months Ended Nine Months Ended March 31, 2024 March 31, 2024 Involuntary Employee Severance and Benefit Costs Other Total Involuntary Employee Severance and Benefit Costs Other Total Electronics $ 84 $ 5 $ 89 $ 675 $ 444 $ 1,119 Engraving 1,048 2,140 3,188 1,884 2,999 4,883 Engineering Technologies - - - 55 - 55 Corporate 760 - 760 1,246 - 1,246 $ 1,892 $ 2,145 $ 4,037 $ 3,860 $ 3,443 $ 7,303 Three Months Ended Nine Months Ended March 31, 2023 March 31, 2023 Involuntary Employee Severance and Benefit Costs Other Total Involuntary Employee Severance and Benefit Costs Other Total Electronics $ 58 $ 545 $ 603 $ 214 $ 885 $ 1,099 Engraving 157 145 302 537 362 899 Corporate 1,332 - 1,332 1,332 - 1,332 $ 1,547 $ 690 $ 2,237 $ 2,083 $ 1,247 $ 3,330

Note 1 - Management Statement (

Note 1 - Management Statement (Details Textual) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Mar. 31, 2024	Mar. 31, 2023	Mar. 31, 2024	Mar. 31, 2023
Selling, General and Administrative Expenses [Member]
Research and Development Expense	$ 5.1	$ 4.8	$ 15.5	$ 12.1

Note 2 - Acquisitions (Details

Note 2 - Acquisitions (Details Textual) - USD ($) $ in Thousands				3 Months Ended		9 Months Ended
	May 03, 2024	Feb. 19, 2024	Jul. 31, 2023	Mar. 31, 2024	Mar. 31, 2023	Mar. 31, 2024	Mar. 31, 2023	Dec. 31, 2023	Jun. 30, 2023
Payments to Acquire Businesses, Net of Cash Acquired						$ 47,696	$ 0
Goodwill				$ 282,000		282,000			$ 264,821
Business Combination, Acquisition Related Costs				537	$ 21	2,233	$ 487
Maximum [Member]
Business Combination, Acquisition Related Costs					$ 100
Distributor of Reed Relays [Member] \| Subsequent Event [Member]
Payments to Acquire Businesses, Net of Cash Acquired	$ 5,700
Sanyu Switch Co., Ltd [Member]
Payments to Acquire Businesses, Net of Cash Acquired				22,200
Business Combination, Consideration Transferred		$ 20,900		20,931
Business Combination, Consideration Payable		2,500		2,464		2,464
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill		2,600		2,600		2,600
Goodwill		6,700		6,696		6,696
Sanyu Switch Co., Ltd [Member] \| Customer Relationships [Member]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Finite-Lived Intangibles		$ 1,900
Acquired Finite-Lived Intangible Assets, Weighted Average Useful Life (Year)		12 years
Sanyu Switch Co., Ltd [Member] \| Trade Names [Member]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Indefinite-Lived Intangible Assets		$ 700
Minntronixs [Member]
Payments to Acquire Businesses, Net of Cash Acquired			$ 29,200
Business Combination, Consideration Transferred				29,229
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill				10,700		10,700		$ 10,700
Goodwill				13,889		13,889
Minntronixs [Member] \| Customer-Related Intangible Assets [Member]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Finite-Lived Intangibles				$ 7,500		$ 7,500
Finite-Lived Intangible Asset, Useful Life (Year)				15 years		15 years
Minntronixs [Member] \| Trademarks [Member]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Indefinite-Lived Intangible Assets								$ 3,200

Note 2 - Acquisitions - Compone

Note 2 - Acquisitions - Components of Fair Value of Acquisitions and Allocation of Purchase Price For Acquisition of Sanyu Switch (Details) - USD ($) $ in Thousands		3 Months Ended
	Feb. 19, 2024	Mar. 31, 2024	Jun. 30, 2023
Goodwill		$ 282,000	$ 264,821
Sanyu Switch Co., Ltd [Member]
Cash payments		22,178
Holdbacks	$ 2,500	2,464
Less cash acquired		(3,711)
Total	20,900	20,931
Other acquired assets		9,453
Inventories		5,709
Property, plant, & equipment		4,791
Identifiable intangible assets	2,600	2,600
Goodwill	$ 6,700	6,696
Liabilities assumed		$ (8,318)

Note 2 - Acquisitions - Compo_2

Note 2 - Acquisitions - Components of Fair Value of Acquisitions and Allocation of Purchase Price For Acquisition of Minntronix (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2024	Dec. 31, 2023	Jun. 30, 2023
Goodwill	$ 282,000		$ 264,821
Minntronixs [Member]
Cash payments	33,890
Less, cash acquired	(4,661)
Total	29,229
Other acquired assets	8,282
Customer backlog	1,120
Inventories	1,780
Property, plant, & equipment	1,039
Identifiable intangible assets	10,700	$ 10,700
Goodwill	13,889
Liabilities assumed	$ (7,581)

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, 2024	Mar. 31, 2023	Mar. 31, 2024	Mar. 31, 2023
Net sales		$ 177,267	$ 184,332	$ 540,441	$ 552,721
Transferred at Point in Time [Member]
Net sales		157,866	169,669	485,295	501,090
Transferred over Time [Member]
Net sales		19,401	14,663	55,146	51,631
UNITED STATES
Net sales		107,805	112,002	332,473	338,464
Asia Pacific [Member]
Net sales		32,139	29,204	96,290	95,858
EMEA [Member]
Net sales	[1]	34,438	38,953	100,538	106,279
Other Americas [Member]
Net sales		2,885	4,173	11,140	12,120
Electronics Products Group [Member]
Net sales		80,431	78,211	241,538	225,966
Engraving Group [Member]
Net sales		36,297	36,909	117,936	109,622
Engraving Group [Member] \| Engraving Services [Member]
Net sales		33,011	35,454	110,214	105,259
Engraving Group [Member] \| Engraving Products [Member]
Net sales		3,286	1,455	7,722	4,363
Scientific Group [Member]
Net sales		16,925	18,898	51,410	56,646
Scientific Group [Member] \| Scientific Products and Services [Member]
Net sales		16,925	18,898	51,410	56,646
Engineering Technologies Group [Member]
Net sales		20,098	18,052	58,205	59,244
Engineering Technologies Group [Member] \| Engineering Technologies Components [Member]
Net sales		20,098	18,052	58,205	59,244
Specialty Solutions Group [Member]
Net sales		23,516	32,262	71,352	101,243
Specialty Solutions Group [Member] \| Hydraulics Cylinders and System [Member]
Net sales		14,800	13,548	41,410	47,823
Specialty Solutions Group [Member] \| Merchandising & Display [Member]
Net sales		8,716	13,203	29,942	32,160
Specialty Solutions Group [Member] \| Pumps [Member]
Net sales		$ 0	$ 5,511	$ 0	$ 21,260

[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	6 Months Ended	9 Months Ended
	Mar. 31, 2023	Mar. 31, 2023	Mar. 31, 2024	Mar. 31, 2023
Contract assets			$ 31,138	$ 24,679
Contract assets, additions			53,394	49,682
Contract assets, deduction			45,274	43,820
Contract assets	$ 30,541	$ 30,541	$ 39,258	30,541
Contract liabilities				41
Contract liabilities, additions				13,015
Contract liabilities, deductions				12,750
Contract liabilities	306	306		$ 306
Amounts included in the contract liability balance at the beginning of the period	$ 38	$ 41

Note 4 - Fair Value Measureme_3

Note 4 - Fair Value Measurements (Details Textual) - USD ($) $ in Thousands	Mar. 31, 2024	Jun. 30, 2023
Equity Securities without Readily Determinable Fair Value, Amount	$ 2,000
Debt Securities, Available-for-Sale	2,700	$ 2,729
GS Engineering [Member]
Business Combination, Contingent Consideration Arrangements, Range of Outcomes, Value, High	$ 12,800

Note 4 - Fair Value Measureme_4

Note 4 - Fair Value Measurements - Fair Values of Financial Instruments (Details) - USD ($) $ in Thousands	Mar. 31, 2024	Jun. 30, 2023
Interest rate swaps	$ 6,011	$ 10,235
Debt Securities, Available-for-Sale	2,700	2,729
Equity securities	2,025	2,046
Foreign exchange contracts		1,722
Fair Value, Inputs, Level 1 [Member]
Interest rate swaps	0	0
Debt Securities, Available-for-Sale	0	0
Equity securities	0	0
Foreign exchange contracts		0
Fair Value, Inputs, Level 2 [Member]
Interest rate swaps	6,011	10,235
Debt Securities, Available-for-Sale	0	0
Equity securities	0	0
Foreign exchange contracts		1,722
Fair Value, Inputs, Level 3 [Member]
Interest rate swaps	0	0
Debt Securities, Available-for-Sale	2,700	2,729
Equity securities	2,025	2,046
Foreign exchange contracts		0
Deferred Compensation Plan [Member]
Marketable securities - deferred compensation plan	4,808	3,720
Deferred Compensation Plan [Member] \| Fair Value, Inputs, Level 1 [Member]
Marketable securities - deferred compensation plan	4,808	3,720
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

Note 5 - Inventories (Details T

Note 5 - Inventories (Details Textual) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Mar. 31, 2024	Mar. 31, 2023	Mar. 31, 2024	Mar. 31, 2023
Selling Expense	$ 2.6	$ 3.2	$ 8.6	$ 9.2

Note 5 - Inventories - Summary

Note 5 - Inventories - Summary of Inventories (Details) - USD ($) $ in Thousands	Mar. 31, 2024	Jun. 30, 2023
Raw materials	$ 49,540	$ 45,268
Work in process	18,067	20,389
Finished goods	27,563	32,880
Total	$ 95,170	$ 98,537

Note 6 - Goodwill - Changes to

Note 6 - Goodwill - Changes to Goodwill (Details) $ in Thousands	9 Months Ended
	Mar. 31, 2024 USD ($)
Balance	$ 264,821
Acquired	20,585
Translation adjustment	(3,406)
Balance	282,000
Electronics Products Group [Member]
Balance	133,432
Acquired	20,585
Translation adjustment	(3,260)
Balance	150,757
Engraving Group [Member]
Balance	76,583
Acquired	0
Translation adjustment	(95)
Balance	76,488
Scientific Group [Member]
Balance	15,454
Acquired	0
Translation adjustment	0
Balance	15,454
Engineering Technologies Group [Member]
Balance	36,293
Acquired	0
Translation adjustment	(51)
Balance	36,242
Specialty Solutions Group [Member]
Balance	3,059
Acquired	0
Translation adjustment	0
Balance	$ 3,059

Note 7 - Warranty Reserves - Ch

Note 7 - Warranty Reserves - Changes in Warranty Reserve (Details) - USD ($) $ in Thousands	9 Months Ended	12 Months Ended
	Mar. 31, 2024	Jun. 30, 2023
Balance at beginning of year	$ 2,094	$ 1,918
Acquisitions and other charges	146	0
Warranty expense	1,223	1,939
Warranty claims	(1,064)	(1,763)
Balance at end of period	$ 2,399	$ 2,094

Note 8 - Debt (Details Textual)

Note 8 - Debt (Details Textual) - USD ($) $ in Millions	3 Months Ended
Note 8 - Debt (Details Textual) - USD ($) $ in Millions	Dec. 31, 2019	Mar. 31, 2024
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		$ 2.7
Line of Credit Facility, Remaining Borrowing Capacity		$ 347.3

Note 8 - Debt - Long-term Debt

Note 8 - Debt - Long-term Debt (Details) - USD ($) $ in Thousands	Mar. 31, 2024	Jun. 30, 2023
Funded debt	$ 150,000	$ 175,000
Issuance cost	(1,232)	(1,559)
Total long-term debt	148,768	173,441
Line of Credit [Member]
Funded debt	$ 150,000	$ 175,000

Note 9 - Accrued Liabilities -

Note 9 - Accrued Liabilities - Accrued Expenses (Details) - USD ($) $ in Thousands	Mar. 31, 2024	Jun. 30, 2023
Payroll and employee benefits	$ 23,563	$ 30,778
Operating lease current liability	7,946	8,036
Warranty reserves	2,399	2,094
Restructuring costs	2,191	1,296
Workers' compensation	1,144	1,516
Fair value of derivatives	0	1,722
Other	18,204	16,589
Total	$ 55,447	$ 62,031

Note 10 - Derivative Financia_3

Note 10 - Derivative Financial Instruments (Details Textual) - USD ($) $ in Thousands	3 Months Ended	9 Months Ended
	Mar. 31, 2024	Mar. 31, 2024	Jun. 30, 2023
Derivative Instruments, Loss Recognized in Income, Ineffective Portion and Amount Excluded from Effectiveness Testing	$ 0	$ 0
Interest Rate Swap [Member]
Derivative, Notional Amount	$ 150,000	$ 150,000
Derivative, Average Fixed Interest Rate	0.85%	0.85%
Foreign Exchange Forward [Member]
Outstanding Forward Contracts, Net Unrealized Gain (Loss)	$ 100	$ 100	$ (1,700)

Note 10 - Derivative Financia_4

Note 10 - Derivative Financial Instruments - Fair Value of Swaps Recognized in Accrued Liabilities and in Other Comprehensive Income (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2024	Jun. 30, 2023
Interest Rate Swap Effective February 6, 2023 [Member]
Notional Amount	$ 25,000
Fixed Rate	2.80%
Maturity	Aug. 06, 2023
Fair Value, Liability	$ 0	$ 59
Interest Rate Swaps Effective February 23, 2023 [Member]
Notional Amount	$ 100,000
Fixed Rate	0.86%
Maturity	Mar. 23, 2025
Fair Value, Liability	$ 3,941	6,716
Interest Rate Swap Effective April 24, 2020 [Member]
Notional Amount	$ 25,000
Fixed Rate	0.81%
Maturity	Apr. 24, 2025
Fair Value, Liability	$ 1,081	1,777
Interest Rate Swap Effective February 24, 2023 [Member]
Notional Amount	$ 25,000
Fixed Rate	0.86%
Maturity	Mar. 24, 2025
Fair Value, Liability	$ 989	1,683
Interest Rate Swaps Effective May 25, 2023 [Member]
Fair Value, Liability	$ 6,011	$ 10,235

Note 10 - Derivative Financia_5

Note 10 - Derivative Financial Instruments - Foreign Currency Exchange Contracts (Details) $ in Thousands, ¥ in Billions	Mar. 31, 2024 CAD ($)	Mar. 31, 2024 JPY (¥)	Jun. 30, 2023 CAD ($)	Jun. 30, 2023 JPY (¥)
Foreign Exchange Contract [Member]
Derivative, Notional Amount	$ 6,079		$ 16,600	¥ 2.1

Note 10 - Derivative Financia_6

Note 10 - Derivative Financial Instruments - Amounts Reclassified From Accumulated Other Comprehensive Income (Loss) to Net Income (Details) - USD ($)	Mar. 31, 2024	Jun. 30, 2023
Assets [Abstract]
Prepaid expenses and other current assets	$ 62,066,000	$ 64,739,000
Liabilities [Abstract]
Accrued liabilities	$ 55,447,000	$ 62,031,000
Derivative Asset, Statement of Financial Position [Extensible Enumeration]	Prepaid expenses and other current assets	Prepaid expenses and other current assets
Derivative Liability, Statement of Financial Position [Extensible Enumeration]	Accrued liabilities	Accrued liabilities
Designated as Hedging Instrument [Member]
Derivative, fair value	$ 6,011	$ 10,235
Derivative Asset, Subject to Master Netting Arrangement, before Offset	6,011	10,235
Derivative liability, fair value	0	315,000
Interest Rate Swap [Member] \| Designated as Hedging Instrument [Member]
Derivative, fair value	6,011,000	10,235,000
Derivative Asset, Subject to Master Netting Arrangement, before Offset	6,011,000	10,235,000
Foreign Exchange Contract [Member] \| Designated as Hedging Instrument [Member]
Derivative liability, fair value	$ 0	$ 315,000

Note 10 - Derivative Financia_7

Note 10 - 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, 2024	Mar. 31, 2023	Mar. 31, 2024	Mar. 31, 2023
Change in unrealized gains (losses)	$ 1,036	$ (568)	$ 1,076	$ 3,229
Interest Rate Swap [Member]
Change in unrealized gains (losses)	1,036	(586)	761	4,174
Foreign Exchange Contract [Member]
Change in unrealized gains (losses)	$ 0	$ 18	$ 315	$ (945)

Note 10 - Derivative Financia_8

Note 10 - Derivative Financial Instruments - Details About Accumulated Other Comprehensive Income (Loss) Components (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Mar. 31, 2024	Mar. 31, 2023	Mar. 31, 2024	Mar. 31, 2023
Accumulated other comprehensive income (loss) component	$ (1,703)	$ (1,475)	$ (5,351)	$ (1,939)
Interest Rate Swap [Member] \| Cash Flow Hedging [Member]
Accumulated other comprehensive income (loss) component	(1,703)	(1,449)	(5,136)	(3,008)
Foreign Exchange Contract [Member] \| Cash Flow Hedging [Member]
Accumulated other comprehensive income (loss) component	$ 0	$ (26)	$ (215)	$ 1,069

Note 11 - Retirement Benefits -

Note 11 - Retirement Benefits - Components of Net Periodic Benefit Cost (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Mar. 31, 2024	Mar. 31, 2023	Mar. 31, 2024	Mar. 31, 2023
UNITED STATES
Service cost	$ 0	$ 0	$ 0	$ 0
Interest cost	2,472	2,397	7,418	7,190
Expected return on plan assets	(2,776)	(2,993)	(8,334)	(8,980)
Recognized net actuarial loss	950	953	2,852	2,860
Amortization of prior service cost	0	0	0	0
Net periodic (benefit) cost	646	357	1,936	1,070
Foreign Plan [Member]
Service cost	41	44	122	131
Interest cost	296	249	885	774
Expected return on plan assets	(350)	(218)	(1,049)	(710)
Recognized net actuarial loss	(152)	(13)	(454)	(44)
Amortization of prior service cost	(1)	(1)	(3)	(3)
Net periodic (benefit) cost	$ (166)	$ 61	$ (499)	$ 148

Note 11 - Retirement Benefits_2

Note 11 - Retirement Benefits - Funded Status for US and Foreign Pension Plan (Details) - UNITED STATES - USD ($) $ in Thousands	Mar. 31, 2024	Jun. 30, 2023
Prepaid benefit cost	$ 3,095	$ 2,807
Current liabilities	(526)	(425)
Non-current liabilities	(40,378)	(48,154)
Net amount recognized	$ (37,809)	$ (45,772)

Note 11 - Retirement Benefits_3

Note 11 - Retirement Benefits - Contributions to Defined Benefit Plans (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Mar. 31, 2024	Mar. 31, 2023	Mar. 31, 2024	Mar. 31, 2023
Contributions to defined benefit plans	$ 6,965	$ 49	$ 8,506	$ 151
Remaining contributions to be made	1,740		1,740
UNITED STATES \| Defined Benefit Plan, Funded Plan [Member]
Contributions to defined benefit plans	6,921	0	8,363	0
Remaining contributions to be made	1,442		1,442
UNITED STATES \| Defined Benefit Plan, Unfunded Plan [Member]
Contributions to defined benefit plans	44	49	143	151
Remaining contributions to be made	42		42
UNITED KINGDOM
Contributions to defined benefit plans	0	0	0	0
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	$ 256		$ 256

Note 12 - Income Taxes (Details

Note 12 - Income Taxes (Details Textual)	3 Months Ended		9 Months Ended
Note 12 - Income Taxes (Details Textual)	Mar. 31, 2024	Mar. 31, 2023	Mar. 31, 2024	Mar. 31, 2023
Effective Income Tax Rate Reconciliation, Percent	21.40%	6.70%	22.50%	13%

Note 13 - Earnings Per Share (D

Note 13 - Earnings Per Share (Details Textual) - shares	9 Months Ended
Note 13 - Earnings Per Share (Details Textual) - shares	Mar. 31, 2024	Mar. 31, 2023
Share-Based Payment Arrangement, Option [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount (in shares)	0	0
Performance Stock Units [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount (in shares)	87,956	132,217

Note 13 - Earnings Per Share -

Note 13 - Earnings Per Share - Computation of Basic and Diluted Earnings Per Share (Details) - shares shares in Thousands	3 Months Ended		9 Months Ended
	Mar. 31, 2024	Mar. 31, 2023	Mar. 31, 2024	Mar. 31, 2023
Basic (in shares)	11,772	11,811	11,764	11,825
Dilutive effect of unvested, restricted stock awards (in shares)	77	84	112	92
Diluted - Average shares outstanding (in shares)	11,849	11,895	11,876	11,917

Note 14 - Accumulated Other C_3

Note 14 - Accumulated Other Comprehensive Income (Loss) - Components of Accumulated Other Comprehensive Income (Loss) (Details) - USD ($) $ in Thousands	Mar. 31, 2024	Jun. 30, 2023
Foreign currency translation adjustment	$ (82,535)	$ (74,373)
Unrealized pension losses, net of tax	(90,956)	(92,761)
Unrealized gains (losses) on derivative instruments, net of tax	5,486	8,657
Total	$ (168,005)	$ (158,477)

Note 16 - Industry Segment In_3

Note 16 - Industry Segment Information (Details Textual)	9 Months Ended
Note 16 - Industry Segment Information (Details Textual)	Mar. 31, 2024
Number of Reportable Segments	5

Note 16 - Industry Segment In_4

Note 16 - Industry Segment Information - Net Sales and Income (Loss) by Industry Segments (Details) - USD ($) $ in Thousands	3 Months Ended			9 Months Ended
	Mar. 31, 2024	Sep. 30, 2023	Mar. 31, 2023	Mar. 31, 2024	Mar. 31, 2023
Revenue from Contract with Customer, Including Assessed Tax	$ 177,267		$ 184,332	$ 540,441	$ 552,721
Income from operations	21,842		88,517	74,591	142,613
Restructuring costs	(4,037)		(2,237)	(7,303)	(3,330)
Gain (Loss) on Disposition of Business	0		62,105	274	62,105
Acquisition related costs	(537)		(21)	(2,233)	(487)
Other operating income (expense), net	(110)		727	(110)	611
Interest expense	949		1,415	3,244	4,168
Other non-operating (income) expense	627		747	1,805	1,695
Income from continuing operations before income taxes	20,266		86,355	69,542	136,750
Electronics Products Group [Member]
Revenue from Contract with Customer, Including Assessed Tax	80,431		78,211	241,538	225,966
Income from operations	15,700		17,047	47,884	52,160
Restructuring costs	(89)		(603)	(1,119)	(1,099)
Engraving Group [Member]
Revenue from Contract with Customer, Including Assessed Tax	36,297		36,909	117,936	109,622
Income from operations	6,260		5,353	22,765	17,580
Restructuring costs	(3,188)		(302)	(4,883)	(899)
Scientific Group [Member]
Revenue from Contract with Customer, Including Assessed Tax	16,925		18,898	51,410	56,646
Income from operations	4,896		4,561	14,074	12,449
Engineering Technologies Group [Member]
Revenue from Contract with Customer, Including Assessed Tax	20,098		18,052	58,205	59,244
Income from operations	3,524		2,351	9,946	7,957
Restructuring costs	0			(55)
Specialty Solutions Group [Member]
Revenue from Contract with Customer, Including Assessed Tax	23,516		32,262	71,352	101,243
Income from operations	4,668		7,151	14,250	18,944
Gain (Loss) on Disposition of Business		$ 300
Corporate Segment and Other Operating Segment [Member]
Income from operations	$ (8,522)		$ (8,520)	$ (24,956)	$ (25,376)

Note 17 - Restructuring (Detail

Note 17 - Restructuring (Details Textual) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Mar. 31, 2024	Mar. 31, 2023	Jun. 30, 2024	Mar. 31, 2024	Mar. 31, 2023
Restructuring Costs	$ 4,037	$ 2,237		$ 7,303	$ 3,330
Forecast [Member]
Restructuring Costs			$ 400

Note 17 - Restructuring - Summa

Note 17 - Restructuring - Summary of Severance, Restructuring, and Related Charges by Initiative (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Mar. 31, 2024	Mar. 31, 2023	Mar. 31, 2024	Mar. 31, 2023
Current year initiatives	$ 4,037	$ 2,237	$ 7,303	$ 3,330
Involuntary Employee Severance And Benefit Costs [Member]
Current year initiatives	1,892	1,547	3,860	2,083
Other Restructuring [Member]
Current year initiatives	2,145	690	3,443	1,247
Current Year Restructuring Initiatives [Member]
Current year initiatives	3,945	1,528	6,983	1,856
Current Year Restructuring Initiatives [Member] \| Involuntary Employee Severance And Benefit Costs [Member]
Current year initiatives	1,885	1,460	3,671	1,671
Current Year Restructuring Initiatives [Member] \| Other Restructuring [Member]
Current year initiatives	2,060	68	3,312	185
Prior Year Initiatives [Member]
Current year initiatives	92	709	320	1,474
Prior Year Initiatives [Member] \| Involuntary Employee Severance And Benefit Costs [Member]
Current year initiatives	7	87	189	412
Prior Year Initiatives [Member] \| Other Restructuring [Member]
Current year initiatives	$ 85	$ 622	$ 131	$ 1,062

Note 17 - Restructuring - Sum_2

Note 17 - Restructuring - Summary of Activity in Reserves Related to Restructuring Initiatives (Details) - USD ($) $ in Thousands	9 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Restructuring liabilities	$ 1,296
Restructuring liabilities	2,191
Current Year Restructuring Initiatives [Member]
Restructuring liabilities	0
Additions and adjustments	6,983
Payments	(5,020)
Restructuring liabilities	1,963
Current Year Restructuring Initiatives [Member] \| Involuntary Employee Severance And Benefit Costs [Member]
Restructuring liabilities	0
Additions and adjustments	3,671
Payments	(1,884)
Restructuring liabilities	1,787
Current Year Restructuring Initiatives [Member] \| Other Restructuring [Member]
Restructuring liabilities	0
Additions and adjustments	3,312
Payments	(3,136)
Restructuring liabilities	176
Prior Year Initiatives [Member]
Restructuring liabilities	1,296	$ 1,740
Additions and adjustments	320	3,330
Payments	(1,388)	(3,201)
Restructuring liabilities	228	1,869
Prior Year Initiatives [Member] \| Involuntary Employee Severance And Benefit Costs [Member]
Restructuring liabilities	1,104	1,045
Additions and adjustments	189	2,083
Payments	(1,065)	(1,549)
Restructuring liabilities	228	1,579
Prior Year Initiatives [Member] \| Other Restructuring [Member]
Restructuring liabilities	192	695
Additions and adjustments	131	1,247
Payments	(323)	(1,652)
Restructuring liabilities	$ 0	$ 290

Note 17 - Restructuring - Sum_3

Note 17 - Restructuring - Summary of Restructuring Expenses by Segment (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Mar. 31, 2024	Mar. 31, 2023	Mar. 31, 2024	Mar. 31, 2023
Restructuring charges	$ 4,037	$ 2,237	$ 7,303	$ 3,330
Electronics Products Group [Member]
Restructuring charges	89	603	1,119	1,099
Engraving Group [Member]
Restructuring charges	3,188	302	4,883	899
Engineering Technologies Group [Member]
Restructuring charges	0		55
Corporate Segment [Member]
Restructuring charges	760	1,332	1,246	1,332
Involuntary Employee Severance And Benefit Costs [Member]
Restructuring charges	1,892	1,547	3,860	2,083
Involuntary Employee Severance And Benefit Costs [Member] \| Electronics Products Group [Member]
Restructuring charges	84	58	675	214
Involuntary Employee Severance And Benefit Costs [Member] \| Engraving Group [Member]
Restructuring charges	1,048	157	1,884	537
Involuntary Employee Severance And Benefit Costs [Member] \| Engineering Technologies Group [Member]
Restructuring charges	0		55
Involuntary Employee Severance And Benefit Costs [Member] \| Corporate Segment [Member]
Restructuring charges	760	1,332	1,246	1,332
Other Restructuring [Member]
Restructuring charges	2,145	690	3,443	1,247
Other Restructuring [Member] \| Electronics Products Group [Member]
Restructuring charges	5	545	444	885
Other Restructuring [Member] \| Engraving Group [Member]
Restructuring charges	2,140	145	2,999	362
Other Restructuring [Member] \| Engineering Technologies Group [Member]
Restructuring charges	0		0
Other Restructuring [Member] \| Corporate Segment [Member]
Restructuring charges	$ 0	$ 0	$ 0	$ 0

Note 18 - Divestitures (Details

Note 18 - Divestitures (Details Textual) - USD ($) $ in Thousands		3 Months Ended			9 Months Ended		12 Months Ended
	Feb. 28, 2023	Mar. 31, 2024	Sep. 30, 2023	Mar. 31, 2023	Mar. 31, 2024	Mar. 31, 2023	Jun. 30, 2023
Revenue from Contract with Customer, Including Assessed Tax		$ 177,267		$ 184,332	$ 540,441	$ 552,721
Proceeds from Divestiture of Businesses					7,774	67,023
Gain (Loss) on Disposition of Business		0		62,105	274	62,105
Procon Pumps Business [Member] \| Discontinued Operations, Disposed of by Sale [Member]
Proceeds from Divestiture of Businesses							$ 67,000
Gain (Loss) on Disposition of Business							62,100
Specialty Solutions Group [Member]
Revenue from Contract with Customer, Including Assessed Tax		23,516		$ 32,262	$ 71,352	$ 101,243
Gain (Loss) on Disposition of Business			$ 300
Goodwill, Other Increase (Decrease)							$ (200)
Proceeds From Escrow Deposit		$ 7,500
Specialty Solutions Group [Member] \| Procon Pumps Business [Member]
Revenue from Contract with Customer, Including Assessed Tax	$ 21,200