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CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
In Thousands, except Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
Revenues:      
Products $ 34,364 [1] $ 36,263 [1] $ 36,837 [1]
Services 45,187 41,652 36,902
Total revenues 79,551 77,915 73,739
Cost of revenues:      
Products 24,892 25,177 24,914
Services 35,987 33,362 31,794
Write down of inventory and impairment charges of long lived assets       5,465
Total cost of revenues 60,879 58,539 62,173
Gross profit 18,672 19,376 11,566
Operating expenses:      
Research and development, net 713 995 455
Selling and marketing 3,150 2,899 2,819
General and administrative 9,512 10,110 9,450
Other income (20) (13) (190)
Total operating expenses 13,355 13,991 12,534
Operating income (loss) from continuing operations 5,317 5,385 (968)
Financial expenses, net (947) (2,094) (2,123)
Financial income 897 1,988 1,703
Gain from dilution of interests in affiliated company       240
Income (loss) from continuing operations before taxes on income 5,267 5,279 (1,148)
Taxes on income (tax benefit) 1,041 2,090 (335)
Net income (loss) from continuing operations after taxes on income 4,226 3,189 (813)
Share in results of affiliated company and impairment of share in affiliated company 1,025 (3,756) 331
Net income (loss) from continuing operations 5,251 (567) (482)
Loss from discontinued operations, net of tax ($5, $3 and $19 in 2013, 2012 and 2011, respectively) (2,429) (1,147) (548)
Net loss attributable to TAT Technologies Ltd. shareholders $ 2,822 $ (1,714) $ (1,030)
EPS attributable to controlling interest: Basic and diluted      
Net income (loss) from continuing operations per share attributable to controlling interest $ 0.60 $ (0.06) $ (0.05)
Loss from discontinued operations per share attributable to controlling interest $ (0.28) $ (0.13) $ (0.07)
Basic and diluted net loss per share attributable to controlling interest $ 0.32 $ (0.19) $ (0.12)
Weighted average number of shares outstanding - Basic 8,799,237 8,808,075 8,815,003
Weighted average number of shares outstanding - Diluted 8,808,920 [2] 8,808,075 [2] 8,815,003 [2]
[1] Excluding discontinued operations for each of the years ended on December 31, 2013, 2012 and 2011.
[2] Dilutive shares are calculated using the treasury stock method and include dilutive shares from share-based employee compensation plans.