XML 52 R37.htm IDEA: XBRL DOCUMENT v3.19.1

SEGMENT INFORMATION (Tables)

12 Months Ended

Dec. 31, 2018

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, 2018
		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				Elimination of inter-company sales				Consolidated
Revenues
Sale of products and services		$	20,065			$	30,929			$	32,487			$	9,697			$	-			$	93,178
Intersegment revenues			4,642				415				-				-				(5,057	)			-
Total revenues			24,707				31,344				32,487				9,697				(5,057	)			93,178
Cost of revenues			25,612				27,659				28,561				8,298				(5,343	)			84,787
Gross profit (loss)			(905	)			3,685				3,926				1,399				286				8,391
Research and development			287				98				-				168				-				553
Selling and marketing			1,512				1,660				1,324				417				-				4,913
General and administrative			2,384				2,375				2,631				1,169				-				8,559
Other income			(2	)			-				(2	)			-				-				(4	)
Operating income (loss)		$	(5,086	)		$	(448	)		$	(27	)		$	(355	)		$	286			$	(5,630	)
Financial expenses, net																							102
Income (loss) before taxes on income (tax benefit)																							(5,732	)

		Year ended December 31, 2017
		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				Elimination of inter-company sales				Consolidated
Revenues
Sale of products and services		$	27,898			$	34,615			$	33,009			$	11,005			$	-			$	106,527
Intersegment revenues			3,339				197				-				-				(3,536	)			-
Total revenues			31,237				34,812				33,009				11,005				(3,536	)			106,527
Cost of revenues			25,535				26,085				29,026				9,057				(3,620	)			86,083
Gross profit			5,702				8,727				3,983				1,948				84				20,444
Research and development			398				169				-				164				-				731
Selling and marketing			1,968				1,358				1,213				435				-				4,974
General and administrative			2,072				3,182				3,049				1,106				-				9,409
Other expenses			-				-				53				-				-				53
Operating income (loss)		$	1,264			$	4,018			$	(332	)		$	243			$	84			$	5,277
Financial expenses, net																							338
Income before taxes on income																							4,939

		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
Financial expenses, net																											154
Income before taxes on income																											3,982

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, 2018
		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			26,171				33,794				27,687				11,100				4,535				103,287
Depreciation and amortization			1,476				1,044				705				960				-				4,185
Expenditure for segment assets			2,665				588				764				144				-				4,161
		Year ended December 31, 2017
		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			29,411				35,067				27,276				11,915				8,326				111,995
Depreciation and amortization			1,299				1,029				653				960				-				3,941
Expenditure for segment assets			1,769				866				847				402				-				3,884
		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

X

- Definition

Tabular disclosure of all significant reconciling items in the reconciliation of total assets from reportable segments to the entity's consolidated assets.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-Subparagraph (c)
-URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8906-108599

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 31
-URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8924-108599

+ Details

Name:	us-gaap_ReconciliationOfAssetsFromSegmentToConsolidatedTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the reconciliation of profit (loss) from reportable segments to the consolidated income (loss) before income tax expense (benefit) and discontinued operations. Includes, but is not limited to, reconciliation after income tax if income tax is allocated to the reportable segment.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 31
-URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8924-108599

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8906-108599

+ Details

Name:	us-gaap_ReconciliationOfOperatingProfitLossFromSegmentsToConsolidatedTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	us-gaap_SegmentReportingAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration