XML 32 R21.htm IDEA: XBRL DOCUMENT
v3.21.2

Note 14 - Segment Information | 9 Months Ended
--- | ---
Sep. 30, 2021
Notes to Financial Statements |
Segment Reporting Disclosure [Text Block] |
(14) | SEGMENT INFORMATION
We have two reportable segments, Thermal and EMS, which are also our reporting units. Thermal includes the operations of Temptronic, Thermonics, Sigma, inTEST Thermal Solutions GmbH (Germany), inTEST Pte, Limited (Singapore) and Ambrell. Sales of this segment consist primarily of temperature management systems which we design, manufacture and market under our Temptronic, Thermonics and Sigma product lines, and precision induction heating systems which are designed, manufactured and marketed by Ambrell. In addition, this segment provides post-warranty service and support. EMS includes the operations of our manufacturing facilities in Mt. Laurel, New Jersey and, prior to the consolidation of manufacturing operations late in the fourth quarter of 2020, Fremont, California. Sales of this segment consist primarily of manipulator, docking hardware and tester interface products, which we design, manufacture and market. We operate our business worldwide and sell our products both domestically and internationally. Both of our segments sell to semiconductor manufacturers, third-party test and assembly houses and ATE manufacturers. Thermal also sells into a variety of markets outside of the Semi Market, including the automotive, defense/aerospace, medical, industrial, telecommunications and other markets.
|  | Three Months Ended September 30, |  |  | Nine Months Ended September 30, |
|  | 2021 |  |  | 2020 |  |  | 2021 |  |  | 2020 |
Net Revenues: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Thermal |  | $ | 13,042 |  |  | $ | 10,724 |  |  | $ | 36,863 |  |  | $ | 29,534 |
EMS |  |  | 8,102 |  |  |  | 3,719 |  |  |  | 25,657 |  |  |  | 9,414 |
|  | $ | 21,144 |  |  | $ | 14,443 |  |  | $ | 62,520 |  |  | $ | 38,948 |
Earnings (loss) before income tax expense (benefit): |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Thermal |  | $ | 865 |  |  | $ | 478 |  |  | $ | 1,991 |  |  | $ | 39 |
EMS |  |  | 2,278 |  |  |  | 169 |  |  |  | 7,767 |  |  |  | (574 | )
Corporate |  |  | (611 | ) |  |  | (214 | ) |  |  | (1,592 | ) |  |  | (242 | )
|  | $ | 2,532 |  |  | $ | 433 |  |  | $ | 8,166 |  |  | $ | (777 | )
Net earnings (loss): |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Thermal |  | $ | 743 |  |  | $ | 379 |  |  | $ | 1,706 |  |  | $ | 26 |
EMS |  |  | 1,957 |  |  |  | 218 |  |  |  | 6,654 |  |  |  | (380 | )
Corporate |  |  | (525 | ) |  |  | (139 | ) |  |  | (1,364 | ) |  |  | (161 | )
|  | $ | 2,175 |  |  | $ | 458 |  |  | $ | 6,996 |  |  | $ | (515 | )
|  | September 30, 2021 |  |  | December 31, 2020 |
Identifiable assets: |  |  |  |  |  |  |  |
Thermal |  | $ | 51,368 |  |  | $ | 50,782 |
EMS |  |  | 16,309 |  |  |  | 9,667 |
Corporate |  |  | 7,052 |  |  |  | 1,581 |
|  | $ | 74,729 |  |  | $ | 62,030 |
The following tables provide information about our geographic areas of operation. Net revenues from unaffiliated customers are based on the location to which the goods are shipped.
|  | Three Months Ended September 30, |  |  | Nine Months Ended September 30, |
|  | 2021 |  |  | 2020 |  |  | 2021 |  |  | 2020 |
Net revenues: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
U.S. |  | $ | 6,271 |  |  | $ | 5,562 |  |  | $ | 18,650 |  |  | $ | 16,235 |
Foreign |  |  | 14,873 |  |  |  | 8,881 |  |  |  | 43,870 |  |  |  | 22,713 |
|  | $ | 21,144 |  |  | $ | 14,443 |  |  | $ | 62,520 |  |  | $ | 38,948 |
|  | September 30, 2021 |  |  | December 31, 2020 |
Net property and equipment: |  |  |  |  |  |  |  |
U.S. |  | $ | 2,200 |  |  | $ | 2,053 |
Foreign |  |  | 197 |  |  |  | 297 |
|  | $ | 2,397 |  |  | $ | 2,350 |

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 http://asc.fasb.org/extlink&oid=123359005&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 http://asc.fasb.org/extlink&oid=123359005&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 http://asc.fasb.org/extlink&oid=123359005&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 http://asc.fasb.org/extlink&oid=123359005&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 http://asc.fasb.org/extlink&oid=123359005&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 http://asc.fasb.org/extlink&oid=123359005&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 http://asc.fasb.org/extlink&oid=123359005&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 http://asc.fasb.org/extlink&oid=123359005&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 http://asc.fasb.org/extlink&oid=123359005&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 http://asc.fasb.org/extlink&oid=123359005&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 http://asc.fasb.org/extlink&oid=123359005&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 http://asc.fasb.org/extlink&oid=123359005&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 http://asc.fasb.org/extlink&oid=123359005&loc=d3e8721-108599 Reference 14: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -URI http://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