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SEGMENT INFORMATION (Tables) | 12 Months Ended
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Dec. 31, 2016
Segment Reporting [Abstract] |
Schedule of Operating Income by Segment | The following financial information is a summary of the operating income of each operational segment:
|  | Year ended December 31, 2016 |
|  | OEM of Heat Transfer Solutions and Aviation Accessories |  |  | MRO Services for heat transfer components and OEM of heat transfer solutions |  |  | 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 |  | $ | 23,515 |  |  | $ | 31,440 |  |  | $ | 31,630 |  |  | $ | 9,209 |  |  | $ | - |  |  | $ | - |  |  | $ | 95,794 |
Intersegment revenues |  |  | 4,740 |  |  |  | 989 |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | (5,729 | ) |  |  | - |
Total revenues |  |  | 28,255 |  |  |  | 32,429 |  |  |  | 31,630 |  |  |  | 9,209 |  |  |  |  |  |  |  | (5,729 | ) |  |  | 95,794 |
Cost of revenues |  |  | 24,028 |  |  |  | 23,440 |  |  |  | 27,423 |  |  |  | 7,610 |  |  |  | - |  |  |  | (5,744 | ) |  |  | 76,757 |
Gross profit |  |  | 4,227 |  |  |  | 8,989 |  |  |  | 4,207 |  |  |  | 1,599 |  |  |  | - |  |  |  | 15 |  |  |  | 19,037 |
Research and development |  |  | 758 |  |  |  | 210 |  |  |  | 29 |  |  |  | 143 |  |  |  | - |  |  |  | - |  |  |  | 1,140 |
Selling and marketing |  |  | 1,544 |  |  |  | 1,105 |  |  |  | 792 |  |  |  | 435 |  |  |  | - |  |  |  | - |  |  |  | 3,876 |
General and administrative |  |  | 2,539 |  |  |  | 2,915 |  |  |  | 3,473 |  |  |  | 1,096 |  |  |  | - |  |  |  | - |  |  |  | 10,023 |
Other expenses (income) |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | (138 | ) |  |  | - |  |  |  | (138 | )
Operating income (loss) |  | $ | (614 | ) |  | $ | 4,759 |  |  | $ | (87 | ) |  | $ | (75 | ) |  | $ | 138 |  |  | $ | 15 |  |  | $ | 4,136 |
|  | Year ended December 31, 2015 |
|  | OEM of Heat Transfer Solutions and Aviation Accessories |  |  | MRO Services for heat transfer components and OEM of heat transfer solutions |  |  | 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 Accessories |  |  | MRO Services for heat transfer components and OEM of heat transfer solutions |  |  | 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 |
Schedule of Assets, Depreciation and Amortization, and Capital Expenditures by Segment |
The following financial information identifies the assets, depreciation and amortization, and capital expenditures to segments:
|  | Year ended December 31, 2016 |
|  | OEM of Heat Transfer Solutions and Aviation Accessories |  |  | MRO Services for heat transfer components and OEM of heat transfer solutions |  |  | MRO services for Aviation Components |  |  | Overhaul and coating of jet engine components |  |  | Amounts not allocated to segments |  |  | Consolidated |
Total assets |  |  | 28,885 |  |  |  | 34,729 |  |  |  | 27,246 |  |  |  | 11,616 |  |  |  | 9,500 |  |  |  | 111,976 |
Depreciation and amortization |  |  | 1,199 |  |  |  | 898 |  |  |  | 542 |  |  |  | 997 |  |  |  | - |  |  |  | 3,636 |
Expenditure for segment assets |  |  | 1,437 |  |  |  | 1,266 |  |  |  | 2,686 |  |  |  | 505 |  |  |  | - |  |  |  | 5,894 |
|  | Year ended December 31, 2015 |
|  | OEM of Heat Transfer Solutions and Aviation Accessories |  |  | MRO Services for heat transfer components and OEM of heat transfer solutions |  |  | 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 Accessories |  |  | MRO Services for heat transfer components and OEM of heat transfer solutions |  |  | MRO services for Aviation Components |  |  | Amounts not allocated to segments |  |  | Consolidated |
Depreciation and amortization |  |  | 1,027 |  |  |  | 675 |  |  |  | 367 |  |  |  | - |  |  |  | 2,069 |
Expenditure for segment assets |  |  | 1,126 |  |  |  | 810 |  |  |  | 539 |  |  |  | - |  |  |  | 2,475 |

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