XML 21 R17.htm IDEA: XBRL DOCUMENT v2.4.0.6
Business Segment Information
 3 Months Ended
Apr. 01, 2012
Business Segment Information [Abstract]  
BUSINESS SEGMENT INFORMATION
11. BUSINESS SEGMENT INFORMATION

On March 8, 2011, our senior management, as authorized by our Board of Directors, decided to exit our Energy Services business, which previously was a stand alone business segment. See Note 2 in these Notes to Condensed Consolidated Financial Statements for additional information.

On February 15, 2012, our senior management, as authorized by our Board of Directors, decided to divest our RedBlack Communications business, which previously was reported in the Communications Systems segment. See Note 2 in these Notes to Condensed Consolidated Financial Statements for additional information.

 

We report our results in two operating segments: Battery & Energy Products and Communications Systems. The Battery & Energy Products segment includes: lithium 9-volt, cylindrical and various other non-rechargeable batteries, in addition to rechargeable batteries, uninterruptable power supplies, charging systems and accessories, such as cables. The Communications Systems segment includes: power supplies, cable and connector assemblies, RF amplifiers, amplified speakers, equipment mounts, case equipment, integrated communication system kits and communications and electronics systems design. We believe that reporting performance at the gross profit level is the best indicator of segment performance. As such, we report segment performance at the gross profit level and operating expenses as Corporate charges.

The components of segment performance were as follows:

Three-Month Period Ended April 1, 2012

 

                                         
    Battery &
Energy
Products		     Communications
Systems		     Discontinued
Operations		     Corporate     Total  

Revenues

   $ 20,082     $ 7,419     $ —       $ —       $ 27,501  

Segment contribution

     3,943       2,650       —         (7,882 )      (1,289 ) 

Interest expense, net

                             (103 )      (103 ) 

Miscellaneous

                             52       52  

Income taxes-current

                             (79 )      (79 ) 

Income taxes-deferred

                             (12 )      (12 ) 

Loss from discontinued operations

                     (71 )              (71 ) 

Noncontrolling interest

                             —         —    

Net loss attributable to Ultralife

                                   $ (1,502 ) 

Total assets

   $ 51,597     $ 30,524     $ 3,125     $ 9,418     $ 94,664  

Three-Month Period Ended April 3, 2011

 

                                         
    Battery &
Energy
Products		     Communications
Systems		     Discontinued
Operations		     Corporate     Total  

Revenues

   $ 24,248     $ 3,667     $ —       $ —       $ 27,915  

Segment contribution

     3,041       1,373       —         (8,350 )      (3,936 ) 

Interest expense, net

                             (155 )      (155 ) 

Miscellaneous

                             299       299  

Income taxes-current

                             (4 )      (4 ) 

Income taxes-deferred

                             (54 )      (54 ) 

Loss from discontinued operations

                     (1,853 )              (1,853 ) 

Noncontrolling interest

                             13       13  

Net income attributable to Ultralife

                                   $ (5,690 ) 

Total assets

   $ 56,419     $ 35,636     $ 7,960     $ 12,376     $ 112,391