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Segment Information | 6 Months Ended
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Jun. 30, 2014
Segment Information | 4. Segment Information The Company follows the guidance prescribed by the Accounting Standard Codification (“ASC”) Topic 280, Segment Reporting, which governs the way the Company reports information about its operating segments. The American Access Technologies (AAT) segment manufactures and markets zone cabling and formed metal products of varying designs. Because of the planned disposition of the segment’s operations and net assets, that segment’s results are excluded from segment reporting and presented as discontinued operations. Management has organized the Company around its continuing products and services and has two reportable segments: Technical Products and Services (“TP&S”) and Electrical and Instrumentation Construction (“E&I”). TP&S develops, manufactures, provides and markets switchgear and variable speed drives. The service component of this segment includes retrofitting equipment upgrades, startups, testing and troubleshooting electrical substations, switchgear, drives and control systems. The E&I segment installs electrical equipment for the energy, water, industrial, marine and commercial markets. The following are selected financial details regarding the Company’s reportable segments (in thousands):
| Three Months Ended June 30, |  |  |  |  |  |  | Six Months Ended June 30, |  |  |  |  |
| 2014 |  |  |  |  |  |  | 2013 |  |  |  |  |  |  | 2014 |  |  |  |  |  |  | 2013 |  |  |  |  |
Net sales: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Technical Products and Services | $ | 12,039 |  |  |  |  |  |  | $ | 11,157 |  |  |  |  |  |  | $ | 26,125 |  |  |  |  |  |  | $ | 21,637 |  |  |  |  |
Electrical and Instrumentation Construction |  | 1,391 |  |  |  |  |  |  |  | 2,342 |  |  |  |  |  |  |  | 3,153 |  |  |  |  |  |  |  | 4,870 |  |  |  |  |
| $ | 13,430 |  |  |  |  |  |  | $ | 13,499 |  |  |  |  |  |  | $ | 29,278 |  |  |  |  |  |  | $ | 26,507 |  |  |  |  |
Gross profit: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Technical Products and Services | $ | 2,004 |  |  |  | 17 | % |  | $ | 1,832 |  |  |  | 16 | % |  | $ | 4,134 |  |  |  | 16 | % |  | $ | 3,689 |  |  |  | 17 | %
Electrical and Instrumentation Construction |  | 24 |  |  |  | 2 | % |  |  | 257 |  |  |  | 11 | % |  |  | 329 |  |  |  | 10 | % |  |  | 1,165 |  |  |  | 24 | %
| $ | 2,028 |  |  |  | 15 | % |  | $ | 2,089 |  |  |  | 15 | % |  | $ | 4,463 |  |  |  | 15 | % |  | $ | 4,854 |  |  |  | 18 | %
Income from consolidated continuing operations and net equity income from foreign joint ventures’ operations: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Technical Products and Services | $ | 1,806 |  |  |  | 15 | % |  | $ | 1,630 |  |  |  | 15 | % |  | $ | 3,833 |  |  |  | 15 | % |  | $ | 3,184 |  |  |  | 15 | %
Electrical and Instrumentation Construction |  | 24 |  |  |  | 2 | % |  |  | 257 |  |  |  | 11 | % |  |  | 329 |  |  |  | 10 | % |  |  | 1,165 |  |  |  | 24 | %
Corporate and other unallocated expenses |  | (1,679 | ) |  |  | -13 | % |  |  | (1,432 | ) |  |  | -11 | % |  |  | (3,513 | ) |  |  | -12 | % |  |  | (3,217 | ) |  |  | -12 | %
Income from consolidated continuing operations |  | 151 |  |  |  | 1 | % |  |  | 455 |  |  |  | 3 | % |  |  | 649 |  |  |  | 2 | % |  |  | 1,132 |  |  |  | 4 | %
Equity income from BOMAY |  | 960 |  |  |  |  |  |  |  | 647 |  |  |  |  |  |  |  | 1,508 |  |  |  |  |  |  |  | 1,648 |  |  |  |  |
Equity income (loss) from MIEFE |  | 112 |  |  |  |  |  |  |  | 138 |  |  |  |  |  |  |  | 74 |  |  |  |  |  |  |  | 158 |  |  |  |  |
Equity income (loss) from AAG* |  | 38 |  |  |  |  |  |  |  | 463 |  |  |  |  |  |  |  | 2 |  |  |  |  |  |  |  | 900 |  |  |  |  |
Foreign operations (expenses) |  | (178 | ) |  |  |  |  |  |  | (87 | ) |  |  |  |  |  |  | (290 | ) |  |  |  |  |  |  | (138 | ) |  |  |  |
Net equity income from foreign joint ventures’ Operations |  | 932 |  |  |  |  |  |  |  | 1,161 |  |  |  |  |  |  |  | 1,294 |  |  |  |  |  |  |  | 2,568 |  |  |  |  |
Income from consolidated continuing operations and net equity income from foreign joint ventures’ operations | $ | 1,083 |  |  |  |  |  |  | $ | 1,616 |  |  |  |  |  |  | $ | 1,943 |  |  |  |  |  |  | $ | 3,700 |  |  |  |  |
*AAG equity income ended on April 30, 2014 when M&I withdrew from the AAG Joint Venture. The Company’s management does not separately review and analyze its assets on a segment basis for TP&S and E&I, and all assets for the segments are recorded within the corporate segment’s records. Corporate and other unallocated general and administrative expenses include compensation costs and other expenses that cannot be meaningfully associated with the individual segments. With the exception of equity income from foreign joint ventures’ operations and joint venture management related expenses, all other costs, expenses and other income have been allocated to their respective segments.

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- 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/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 29 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8864-108599 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8933-108599 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 26 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8844-108599 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 10 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8538-108599 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8380-108599 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 34 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8981-108599 Reference 7: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 35 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8984-108599 Reference 8: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e9038-108599 Reference 9: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8906-108599 Reference 10: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 42 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e9054-108599 Reference 11: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8924-108599 Reference 12: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 40 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e9031-108599 Reference 13: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 33 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8971-108599 Reference 14: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8595-108599 + Details
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