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Segment information
 6 Months Ended
Apr. 30, 2015
Segment Reporting [Abstract]  
Segment information
Note 8 - Segment information
   
The Company aggregates operating divisions into operating segments which have similar economic characteristics and divisions are similar in the majority of the following areas: (1) the nature of the product and services; (2) the nature of the production process; (3) the type or class of customer for their products and services; (4) the methods used to distribute their products or services; (5) if applicable, the nature of the regulatory environment. The Company currently has three segments - RF Connector and Cable Assembly, Custom Cabling Manufacturing and Assembly, and Medical Cabling and Interconnector based upon this evaluation.
 
The RF Connector and Cable Assembly segment and the Custom Cabling Manufacturing and Assembly segment currently are each comprised of two divisions, whereas the Medical Cabling and Interconnector segment is comprised of one division. The four divisions that meet the quantitative thresholds for segment reporting are Connector and Cable Assembly, Cables Unlimited, Comnet and Bioconnect. The other division aggregated into the RF Connector and Cable Assembly segment has similar products that are marketed to their respective customer base and production and product development processes that are similar in nature. The specific customers are different for each division; however, there is some overlapping of product sales to them. The methods used to distribute products are similar within each division aggregated.
 
Management identifies the Company’s segments based on strategic business units that are, in turn, based along market lines. These strategic business units offer products and services to different markets in accordance with their customer base and product usage. For segment reporting purposes, the Company (i) aggregates the Connector and Cable Assembly division and the Aviel division into the RF Connector and Cable Assembly segment; (ii) aggregates the Cables Unlimited and Comnet subsidiaries into the Custom Cabling Manufacturing and Assembly segment; and (iii) has defined the Bioconnect Division as the Medical Cabling and Interconnector segment.
 
In its operation of the business, management, including our chief operating decision maker, the Company’s Chief Executive Officer, reviews certain financial information, including segmented profit and loss statements before taxes, depreciation and amortization to evaluate performance of individual operating segments. The segment information in this note is reported on that basis.
 
Substantially all of the Company’s operations are conducted in the United States; however, the Company derives a portion of its revenue from export sales. The Company attributes sales to geographic areas based on the location of the customers. The following table presents the sales of the Company by geographic area for the three and six months ended April 30, 2015 and 2014 (in thousands):
 
 
 
Three Months Ended April 30,
 
Six Months Ended April 30,
 
 
 
2015
 
2014
 
2015
 
2014
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
United States
 
 
7,719
 
$
5,314
 
$
14,314
 
$
10,762
 
Foreign Countries:
 
 
 
 
 
 
 
 
 
 
 
 
 
Canada
 
 
112
 
 
107
 
 
226
 
 
209
 
Israel
 
 
135
 
 
157
 
 
188
 
 
222
 
Mexico
 
 
95
 
 
136
 
 
189
 
 
258
 
All Other
 
 
15
 
 
50
 
 
52
 
 
163
 
 
 
 
357
 
 
450
 
 
655
 
 
852
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Totals
 
$
8,076
 
$
5,764
 
$
14,969
 
$
11,614
 
 
Net sales, income (loss) from continuing operations before provision for income taxes and other related segment information for the three months ended April 30, 2015 and 2014 are as follows (in thousands): 
 
 
 
RF Connector
 
Custom Cabling
 
Medical
 
 
 
 
 
 
 
 
 
and
 
Manufacturing and
 
Cabling and
 
 
 
 
 
 
 
 
 
Cable Assembly
 
Assembly
 
Interconnector
 
Corporate
 
Total
 
2015
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Net sales
 
$
3,339
 
$
4,252
 
$
485
 
 
 
 
$
8,076
 
Income from continuing operations before provision for income taxes
 
 
448
 
 
145
 
 
130
 
 
10
 
 
733
 
Depreciation and amortization
 
 
41
 
 
153
 
 
5
 
 
 
 
 
199
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
2014
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Net sales
 
$
3,312
 
$
1,740
 
$
712
 
$
-
 
$
5,764
 
Income (loss) from continuing operations before provision for income taxes
 
 
590
 
 
(19)
 
 
193
 
 
6
 
 
770
 
Depreciation and amortization
 
 
47
 
 
91
 
 
7
 
 
-
 
 
145
 
 
Net sales, income (loss) from continuing operations before provision for income taxes and other related segment information for the six months ended April 30, 2015 and 2014 are as follows (in thousands): 
 
 
 
RF Connector
 
Custom Cabling
 
Medical
 
 
 
 
 
 
 
 
 
and
 
Manufacturing and
 
Cabling and
 
 
 
 
 
 
 
 
 
Cable Assembly
 
Assembly
 
Interconnector
 
Corporate
 
Total
 
2015
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Net sales
 
$
6,040
 
$
7,869
 
$
1,060
 
$
-
 
$
14,969
 
Income from continuing operations before provision for income taxes
 
 
404
 
 
69
 
 
276
 
 
15
 
 
764
 
Depreciation and amortization
 
 
82
 
 
297
 
 
10
 
 
-
 
 
389
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
2014
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Net sales
 
$
6,284
 
$
3,867
 
$
1,463
 
$
-
 
$
11,614
 
Income (loss) from continuing operations before provision for income taxes
 
 
958
 
 
(186)
 
 
333
 
 
11
 
 
1,116
 
Depreciation and amortization
 
 
96
 
 
183
 
 
15
 
 
-
 
 
294