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Note 12 - Business Segment Information
6 Months Ended
Jun. 28, 2015
Note 12 - Business Segment Information  
Business Segment Information

12.BUSINESS SEGMENT 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 June 28, 2015:

 

   Battery & Energy Products  Communi- cations systems  Discontinued operations  Corporate  Total
Revenues  $15,972   $2,983   $—     $—     $18,955 
Segment contribution   4,542    1,317    —      (5,042)   817 
Interest, financing                         
   and miscellaneous                         
   expense, net                  27    28 
Tax provision                  (71)   (71)
Discontinued operations                         
Noncontrolling interest                  14    14 
Net income attributable                         
   to Ultralife                      $788 
Total assets  $37,084   $27,906   $—     $17,945   $82,935 

 

Three-Month Period Ended June 29, 2014:

 

   Battery & Energy Products  Communi- cations systems  Discontinued operations  Corporate  Total
Revenues  $12,165   $3,034   $—     $—     $15,199 
Segment contribution   2,876    1,336    —      (5,536)   (1,324)
Interest, financing                         
   and miscellaneous                         
   expense, net                  5    5 
Tax provision                  (57)   (57)
Noncontrolling interest                  16    16 
Net loss attributable                         
   to Ultralife                      $(1,360)
Total assets  $37,586   $29,866   $—     $19,479   $86,931 

 

Six-Month Period Ended June 28, 2015:

 

   Battery & Energy Products  Communi- cations systems  Discontinued operations  Corporate  Total
Revenues  $32,248   $5,884   $—     $—     $38,132 
Segment contribution   9,326    2,540    —      (10,227)   1,639 
Interest, financing                         
   and miscellaneous                         
   expense, net                  (160)   (160)
Tax provision                  (182)   (182)
Noncontrolling interest                  24    24 
Net income attributable                         
   to Ultralife                      $1,321 

 

Six-Month Period Ended June 29, 2014:

 

   Battery & Energy Products  Communi- cations systems  Discontinued operations  Corporate  Total
Revenues  $26,087   $4,397   $—     $—     $30,484 
Segment contribution   6,677    1,870    —      (10,967)   (2,420)
Interest, financing                         
   and miscellaneous                         
   expense, net                  (58)   (58)
Tax provision                  (117)   (117)
Discontinued operations             (61)        (61)
Noncontrolling interest                  10    10 
Net loss attributable                         
   to Ultralife                      $(2,646)