Segment Reporting (Tables)

3 Months Ended

Apr. 30, 2014

Summarized Operating Results and Certain Financial Position Data of Company's Reportable Continuing Business Segments

Presented below are summarized operating results and certain financial position data of the Company’s business segments for the three months ended April 30, 2014 and 2013. The “Other” columns include the Company’s corporate and unallocated expenses.


Three Months Ended April 30, 2014	Power Industry Services		Telecom Infrastructure Services			Other			Consolidated
Revenues	$	49,824,000	$	1,367,000		$	—		$	51,191,000
Cost of revenues		40,049,000		1,091,000			—			41,140,000

Gross profit		9,775,000		276,000			—			10,051,000
Selling, general and administrative expenses		1,787,000		352,000			1,240,000			3,379,000

Income (loss) from operations		7,988,000		(76,000	)		(1,240,000	)		6,672,000
Other income, net		21,000		—			1,000			22,000

Income (loss) before income taxes	$	8,009,000	$	(76,000	)	$	(1,239,000	)		6,694,000

Income tax expense										1,894,000

Net income									$	4,800,000

Amortization of purchased intangibles	$	60,000	$	—		$	—		$	60,000

Depreciation	$	96,000	$	44,000		$	2,000		$	142,000

Property, plant and equipment additions	$	28,000	$	7,000		$	50,000		$	85,000

Goodwill	$	18,476,000	$	—		$	—		$	18,476,000

Total assets	$	331,560,000	$	2,118,000		$	38,639,000		$	372,317,000


Three Months Ended April 30, 2013	Power Industry Services		Telecom Infrastructure Services		Other			Consolidated
Revenues	$	43,769,000	$	2,879,000	$	—		$	46,648,000
Cost of revenues		31,246,000		2,374,000		—			33,620,000

Gross profit		12,523,000		505,000		—			13,028,000
Selling, general and administrative expenses		1,815,000		316,000		1,312,000			3,443,000

Income (loss) from operations		10,708,000		189,000		(1,312,000	)		9,585,000
Other income, net		154,000		—		1,000			155,000
Gain on deconsolidation of VIE		1,120,000		—		—			1,120,000

Income (loss) before income taxes	$	11,982,000	$	189,000	$	(1,311,000	)		10,860,000

Income tax expense									3,920,000

Net income								$	6,940,000

Amortization of purchased intangibles	$	61,000	$	—	$	—		$	61,000

Depreciation	$	83,000	$	45,000	$	1,000		$	129,000

Property, plant and equipment additions	$	673,000	$	11,000	$	—		$	684,000

Goodwill	$	18,476,000	$	—	$	—		$	18,476,000

Total assets	$	174,819,000	$	3,503,000	$	47,264,000		$	225,586,000

- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

+ References+ Details