Company: SXI
Filing Date: 2025-08-04
Form Type: 10-K
Source: 0001437749-25-024450
Chunk: 1216

Company: STANDEX INTERNATIONAL CORP/DE/
Filing Date: 2025-08-04
Form: 10-K
Item: Item 1A
Chunk 1216
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 plan (“RP”) for red zone plans, is either pending or has been implemented. For all plans, the Company’s contributions do not exceed 5% of the total contributions to the plan in the most recent year.

          Pension Protection Act               Expiration 
      Zone Status   Contributions    Date of 
                      Collective 
   EIN/Plan     FIP/RP              Surcharge  Bargaining 
 Pension Fund   Number   2025  2024  Status   2025    2024    2023   Imposed?  Agreement 
 New England Teamsters and Trucking Industry Pension Fund  04-6372430-001  Red  Red  Yes/ Implemented  $1,061  $816  $695  No  Mar-27 
                      
 IAM National Pension Fund, National Pension Plan  51-6031295-002  Red  Red  Yes/Implemented  658  586  569  Yes  Aug-29 
         $1,719  $1,402  $1,264   

   Retirement Savings Plans
    
   The Company has two primary employee savings plans, one for salaried employees and one for hourly employees. Substantially all of our full-time domestic employees are covered by these savings plans. Under the provisions of the plans, employees  may contribute a portion of their compensation within certain limitations. The Company, at the discretion of the Board of Directors,  may make contributions on behalf of our employees under the plans. Company contributions were $3.1 million, $2.8 million, and $3.0 million for the years ended  June 30, 2025, 2024, and 2023, respectively. At  June 30, 2025, the salaried plan holds approximately 77,000 shares of Company common stock, representing approximately 3.83% of the holdings of the plan.

   17. Industry Segment Information
    
   The company operates in the following five reportable segments organized around the types of products sold. The Company has aggregated its operating segments into its reportable segments where they contained similar products and economic characteristics, and shared similar types of customers, and production and distribution methods. The Company has determined that its CEO is its Chief Operating Decision Maker (CODM) who is responsible for assessing performance and