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SEGMENT INFORMATION (Tables)
12 Months Ended
Dec. 31, 2015
SEGMENT INFORMATION [Abstract]  
Schedule of Operating Income by Segment


Year ended December 31, 2015

 

OEM of Heat 

Transfer Solutions 

and Aviation 

Components

 

Heat Transfer

Services and

Products

 

MRO services

for Aviation

Components

     

Overhaul and

coating of jet

engine components 

    Other    

Elimination of

inter-company

sales

   

Consolidated

                                  

Revenues

                                  

Sale of products and services

  $ 23,511     $ 30,526     $ 29,665     1,905             $ -    
85,607

Intersegment revenues

  3,840     475     -                   (4,315   -

Total revenues

  27,351     31,001     29,665       1,905             (4,315   85,607
                                 

Cost of revenues

  23,,887     22,541     28,474       1,485             (4,445   71,942

Gross profit

  3,464     8,460     1,191       420             130     13,665
                                 

Research and development

  619     264     -       7             -     890

Selling and marketing

  1,270     961     608       64             -     2,903

General and administrative

  1,880     3,000     3,303       286             -     8,469

Other expenses

 
   
   
     
      631    
     631

Gain on bargain purchase

   

   
     
     
      (4,833 )    
      (4,833)

Operating income (loss)

  (305   4,235     (2,720     63       (4,202 )   130     5,605

 

Year ended December 31, 2014

OEM of Heat 

Transfer Solutions 

and Aviation 

Components

Heat Transfer

Services and

Products

MRO services

for Aviation

Components

Elimination of

inter-company

sales

Consolidated


Revenues

Sale of products and services


$ 22,871     $ 30,121     $ 27,734     $ -     $ 80,726

Intersegment revenues


5,314     229     -     (5,543   -

Total revenues


28,185     30,350     27,734     (5,543   80,726

               

Cost of revenues


23,249     23,101     23,502     (5,330   64,522

Gross profit


4,936     7,249     4,232     (213   16,204

               

Research and development


841     229     -     -     1,070

Selling and marketing


1,538     1,058     607     -     3,203

General and administrative


2,717     2,417     2,989     -     8,123

Other income


(11   -     -     -     (11)

Operating income (loss)


(149   3,545     636     (213   3,819

 

Year ended December 31, 2013

 

OEM of Heat 

Transfer Solutions and Aviation 

Components

 

Heat Transfer

Services and

Products

   

MRO services

for Aviation

Components

   

Elimination of

inter-company

sales

 

Consolidated

                     

Revenues

                     

Sale of products and services

  $ 27,326   $ 29,796     $ 22,429     $ -   $ 79,551

Intersegment revenues

  3,812   111     -     (3,923 -

Total revenues

  31,138   29,907     22,429     (3,923 79,551
             

Cost of revenues

  24,141   22,464     19,224     (4,086 61,743

Gross profit

  6,997   7,443     3,205     163   17,808
             

Research and development

  415   298     -     -   713

Selling and marketing

  1,520   1,145     485     -   3,150

General and administrative

  3,158   2,249     3,261     -   8,668

Other income

  (20 -     -     -   (20)

Operating income (loss)

  1,924  

3,751

    (541   163   5,297
Schedule of Assets, Depreciation and Amortization, and Capital Expenditures by Segment

Year ended December 31, 2015

 

OEM of Heat Tansfer Solutions 

and Aviation 

Components

 

Heat Transfer

Services and

Products

   

MRO services

for Aviation

Components

   

Overhaul and

coating of jet

engine components

   

Amounts not

allocated to

segments

   

Consolidated

                            

Total assets

 
29,440  
28,400    
24,170       11,635    
15,938    
109,583

Depreciation and amortization

  1,127     789     669       196         2,781

Expenditure for segment assets

  1,075     1,400     821       51         3,347

 

Year ended December 31, 2014

 

OEM of Heat

Transfer Solutions

and Aviation 

Components

 

Heat Transfer
Services and
Products

   

MRO services for
Aviation
Components

   

Amounts not
allocated to

segments

   

Consolidated

                     

Total assets

  $ 32,808   $ 26,889     $ 23,044     $ 16,435     $ 99,176

Depreciation and amortization

  1,027     675     367     -     2,069

Expenditure for segment assets 

  1,126     810     539     -     2,475

 

Year ended December 31, 2013

 

OEM of Heat 
Transfer Solutions
and Aviation Components

 

Heat Transfer Services and Products

   

MRO services for
Aviation Components

   

Amounts not allocated to segments

   

Consolidated

                       

Depreciation and amortization (*)

  991   603     265     -     1,859

Expenditure for segment assets (*)

  1,032     664     1,134     -     2,830

 

(*)
Excluding discontinued operations for the year ended on December 31, 2013.