XML 26 R17.htm IDEA: XBRL DOCUMENT
v3.22.2

Note 11 - Business Segment Information | 6 Months Ended
--- | ---
Jun. 30, 2022
Notes to Financial Statements |
Segment Reporting Disclosure [Text Block] |
11. | BUSINESS SEGMENT INFORMATION
We report our results in two (2) 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. The Communications Systems segment includes: RF amplifiers, power supplies, cable and connector assemblies, amplified speakers, equipment mounts, case equipment, man-portable systems, integrated communication systems for fixed or vehicle applications and communications and electronics systems design. We believe that reporting performance at the gross profit level is the best indicator of segment performance. Three-month period ended June 30, 2022:
|  | Battery & Energy Products |  |  | Communications Systems |  |  | Corporate |  |  | Total |
Revenues |  | $ | 30,140 |  |  | $ | 1,986 |  |  | $ | - |  |  | $ | 32,126 |
Segment contribution |  |  | 7,151 |  |  |  | 495 |  |  |  | (6,853 | ) |  |  | 793 |
Other expense |  |  |  |  |  |  |  |  |  |  | (115 | ) |  |  | (115 | )
Income tax provision |  |  |  |  |  |  |  |  |  |  | (170 | ) |  |  | (170 | )
Non-controlling interest |  |  |  |  |  |  |  |  |  |  | 4 |  |  |  | 4 |
Net income attributable to Ultralife |  |  |  |  |  |  |  |  |  |  |  |  |  | $ | 512 |
Three-month period ended June 30, 2021:
|  | Battery & Energy Products |  |  | Communications Systems |  |  | Corporate |  |  | Total |
Revenues |  | $ | 22,875 |  |  | $ | 3,895 |  |  | $ | - |  |  | $ | 26,770 |
Segment contribution |  |  | 6,016 |  |  |  | 1,251 |  |  |  | (6,176 | ) |  |  | 1,091 |
Other expense |  |  |  |  |  |  |  |  |  |  | (21 | ) |  |  | (21 | )
Income tax provision |  |  |  |  |  |  |  |  |  |  | (248 | ) |  |  | (248 | )
Non-controlling interest |  |  |  |  |  |  |  |  |  |  | (11 | ) |  |  | (11 | )
Net income attributable to Ultralife |  |  |  |  |  |  |  |  |  |  |  |  |  | $ | 811 |
Six-month period ended June 30, 2022:
|  | Battery & Energy Products |  |  | Communications Systems |  |  | Corporate |  |  | Total |
Revenues |  | $ | 59,290 |  |  | $ | 3,209 |  |  | $ | - |  |  | $ | 62,499 |
Segment contribution |  |  | 13,872 |  |  |  | 732 |  |  |  | (14,106 | ) |  |  | 498 |
Other expense |  |  |  |  |  |  |  |  |  |  | (232 | ) |  |  | (232 | )
Income tax benefit |  |  |  |  |  |  |  |  |  |  | 81 |  |  |  | 81 |
Non-controlling interest |  |  |  |  |  |  |  |  |  |  | (3 | ) |  |  | (3 | )
Net income attributable to Ultralife |  |  |  |  |  |  |  |  |  |  |  |  |  | $ | 344 |
Six-month period ended June 30, 2021:
|  | Battery & Energy Products |  |  | Communications Systems |  |  | Corporate |  |  | Total |
Revenues |  | $ | 44,986 |  |  | $ | 7,757 |  |  | $ | - |  |  | $ | 52,743 |
Segment contribution |  |  | 11,452 |  |  |  | 2,793 |  |  |  | (12,202 | ) |  |  | 2,043 |
Other expense |  |  |  |  |  |  |  |  |  |  | (77 | ) |  |  | (77 | )
Income tax provision |  |  |  |  |  |  |  |  |  |  | (465 | ) |  |  | (465 | )
Non-controlling interest |  |  |  |  |  |  |  |  |  |  | (19 | ) |  |  | (19 | )
Net income attributable to Ultralife |  |  |  |  |  |  |  |  |  |  |  |  |  | $ | 1,482 |
The following tables disaggregate our business segment revenues by major source and geography. Commercial and Government/Defense Revenue Information: Three-month period ended June 30, 2022:
|  | Total Revenue |  |  | Commercial |  |  | Government/ Defense |
Battery & Energy Products |  | $ | 30,140 |  |  | $ | 24,682 |  |  | $ | 5,458 |
Communications Systems |  |  | 1,986 |  |  |  | - |  |  |  | 1,986 |
Total |  | $ | 32,126 |  |  | $ | 24,682 |  |  | $ | 7,444 |
|  |  |  |  |  |  | 77 | % |  |  | 23 | %
Three-month period ended June 30, 2021:
|  | Total Revenue |  |  | Commercial |  |  | Government/ Defense |
Battery & Energy Products |  | $ | 22,875 |  |  | $ | 16,011 |  |  | $ | 6,864 |
Communications Systems |  |  | 3,895 |  |  |  | - |  |  |  | 3,895 |
Total |  | $ | 26,770 |  |  | $ | 16,011 |  |  | $ | 10,759 |
|  |  |  |  |  |  | 60 | % |  |  | 40 | %
Six-month period ended June 30, 2022:
|  | Total Revenue |  |  | Commercial |  |  | Government/ Defense |
Battery & Energy Products |  | $ | 59,290 |  |  | $ | 47,276 |  |  | $ | 12,014 |
Communications Systems |  |  | 3,209 |  |  |  | - |  |  |  | 3,209 |
Total |  | $ | 62,499 |  |  | $ | 47,276 |  |  | $ | 15,223 |
|  |  |  |  |  |  | 76 | % |  |  | 24 | %
Six-month period ended June 30, 2021:
|  | Total Revenue |  |  | Commercial |  |  | Government/ Defense |
Battery & Energy Products |  | $ | 44,986 |  |  | $ | 30,356 |  |  | $ | 14,630 |
Communications Systems |  |  | 7,757 |  |  |  | - |  |  |  | 7,757 |
Total |  | $ | 52,743 |  |  | $ | 30,356 |  |  | $ | 22,387 |
|  |  |  |  |  |  | 58 | % |  |  | 42 | %
U.S. and Non-U.S. Revenue Information1: Three-month period ended June 30, 2022:
|  | Total Revenue |  |  | United States |  |  | Non-United States |
Battery & Energy Products |  | $ | 30,140 |  |  | $ | 13,330 |  |  | $ | 16,810 |
Communications Systems |  |  | 1,986 |  |  |  | 1,910 |  |  |  | 76 |
Total |  | $ | 32,126 |  |  | $ | 15,240 |  |  | $ | 16,886 |
|  |  |  |  |  |  | 47 | % |  |  | 53 | %
Three-month period ended June 30, 2021:
|  | Total Revenue |  |  | United States |  |  | Non-United States |
Battery & Energy Products |  | $ | 22,875 |  |  | $ | 11,813 |  |  | $ | 11,062 |
Communications Systems |  |  | 3,895 |  |  |  | 1,953 |  |  |  | 1,942 |
Total |  | $ | 26,770 |  |  | $ | 13,766 |  |  | $ | 13,004 |
|  |  |  |  |  |  | 51 | % |  |  | 49 | %
Six-month period ended June 30, 2022:
|  | Total Revenue |  |  | United States |  |  | Non-United States |
Battery & Energy Products |  | $ | 59,290 |  |  | $ | 27,870 |  |  | $ | 31,420 |
Communications Systems |  |  | 3,209 |  |  |  | 3,062 |  |  |  | 147 |
Total |  | $ | 62,499 |  |  | $ | 30,932 |  |  | $ | 31,567 |
|  |  |  |  |  |  | 49 | % |  |  | 51 | %
Six-month period ended June 30, 2021:
|  | Total Revenue |  |  | United States |  |  | Non-United States |
Battery & Energy Products |  | $ | 44,986 |  |  | $ | 24,403 |  |  | $ | 20,583 |
Communications Systems |  |  | 7,757 |  |  |  | 3,421 |  |  |  | 4,336 |
Total |  | $ | 52,743 |  |  | $ | 27,824 |  |  | $ | 24,919 |
|  |  |  |  |  |  | 53 | % |  |  | 47 | %
1 Sales classified to U.S. include shipments to U.S.-based prime contractors which in some cases may serve non-U.S. projects.

X
- References No definition available. + Details
Name: | us-gaap_DisclosureTextBlockAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8924-108599 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 34 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8981-108599 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (a) -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8721-108599 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 40 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e9031-108599 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (f) -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8933-108599 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (e) -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8933-108599 Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 26 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8844-108599 Reference 8: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e9038-108599 Reference 9: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (d) -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8933-108599 Reference 10: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8736-108599 Reference 11: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 42 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e9054-108599 Reference 12: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 15 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8657-108599 Reference 13: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (b) -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8721-108599 Reference 14: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -URI https://asc.fasb.org/topic&trid=2134510 + Details
Name: | us-gaap_SegmentReportingDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration