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Segment Information (Tables)
 12 Months Ended
Jun. 30, 2018
Segment Information  
Summary of segment information

Summarized segment information for the years ended June 30, 2018 and 2017 is as follows (in thousands):

 

 

 

 

 

 

 

 

 

 

 

Fiscal Years Ended June 30,

 

 

 

2018

    

2017

 

 

 

 

 

 

 

 

 

Sales:

 

 

 

 

 

 

 

Precision Components Group

 

$

60,643

 

$

75,053

 

Stamping Group

 

 

19,376

 

 

21,061

 

3DMT Group

 

 

2,419

 

 

2,528

 

Wireless Group

 

 

 —

 

 

427

 

Consolidated sales

 

$

82,438

 

$

99,069

 

 

 

 

 

 

 

 

 

Operating costs:

 

 

 

 

 

 

 

Precision Components Group

 

$

64,592

 

$

80,133

 

Stamping Group

 

 

19,698

 

 

21,766

 

3DMT Group

 

 

4,353

 

 

3,963

 

Wireless Group

 

 

 —

 

 

554

 

Consolidated operating costs

 

$

88,643

 

$

106,416

 

 

 

 

 

 

 

 

 

Segment operating income (loss):

 

 

 

 

 

 

 

Precision Components Group

 

$
(3,949)

 

$
(5,080)

 

Stamping Group

 

 
(322)

 

 
(705)

 

3DMT Group

 

 
(1,934)

 

 
(1,435)

 

Wireless Group

 

 

 —

 

 
(127)

 

Corporate (1)

 

 
(3,407)

 

 
(5,397)

 

Total segment operating loss

 

$
(9,612)

 

$
(12,744)

 

 

 

 

 

 

 

 

 

Interest expense, net

 

 
(3,625)

 

 
(4,008)

 

Loss on extinguishment of debt

 

 

 —

 

 

(723)

 

Other income, net

 

 

298

 

 

670

 

Non-operating expense

 

 
(3,327)

 

 
(4,061)

 

Consolidated loss before income taxes and non-controlling interest

 

$
(12,939)

 

$

(16,805)

 

(1)

Corporate expense includes compensation and benefits, insurance, legal, accounting, consulting, and board of directors fees.

 

 

 

 

 

 

 

 

 

 

 

Fiscal Years Ended June 30,

 

 

 

2018

    

2017

 

Capital expenditures:

 

 

 

 

 

 

 

Precision Components Group

 

$

4,463

 

$

4,710

 

Stamping Group

 

 

1,186

 

 

1,292

 

3DMT Group

 

 

17

 

 

568

 

Flanges and Fittings Group

 

 

 —

 

 

71

 

Consolidated capital expenditures

 

$

5,666

 

$

6,641

 

 

 

 

 

 

 

 

 

 

Depreciation and amortization expense:

 

 

 

 

 

 

 

Precision Components Group

 

$

6,938

 

$

6,750

 

Stamping Group

 

 

2,496

 

 

2,323

 

3DMT Group

 

 

789

 

 

765

 

Flanges and Fittings Group

 

 

 —

 

 

73

 

Wireless Group

 

 

 —

 

 

19

 

Consolidated depreciation and amortization expense

 

$

10,223

 

$

9,930

 

 

 

 

 

 

 

 

 

 

 

 

As of

 

 

 

June 30, 2018

 

June 30, 2017

 

Total assets:

 

 

 

 

 

 

 

Precision Components Group

    

$

46,945

    

$

50,641

 

Stamping Group

 

 

19,518

 

 

19,944

 

3DMT Group *

 

 

(1,105)

 

 

(3,033)

 

Flanges and Fittings Group *

 

 

(2,428)

 

 

1,182

 

Corporate

 

 

27,003

 

 

30,889

 

Consolidated total assets

 

$

89,933

 

$

99,623

 

*Negative assets reflect intersegment accounts eliminated in consolidation.

 

Schedule of geographic information

Geographic information for the Company is as follows (in thousands):

 

 

 

 

 

 

 

 

 

 

 

Years ended

 

 

    

June 30,

    

June 30,

 

 

 

2018

 

2017

 

Sales:

 

 

 

 

 

 

 

U.S.

 

$

73,487

 

$

90,607

 

International

 

 

8,951

 

 

8,462

 

 

 

$

82,438

 

$
99,069

 

 

 

 

 

 

 

 

 

 

 

 

As of June 30,

 

 

 

2018

 

2017

 

Property and equipment, net:

 

 

 

 

 

 

 

U.S.

 

$

32,234

 

$

33,398

 

International

 

 

7,746

 

 

7,951

 

 

 

$

39,980

 

$

41,349