XML 45 R24.htm IDEA: XBRL DOCUMENT
v3.3.1.900

Business Segment, Geographic and Customer Information | 12 Months Ended
--- | ---
Dec. 31, 2015
Business Segment and Geographic Information [Abstract] |
Business Segment, Geographic and Customer Information | 16. BUSINESS SEGMENT, GEOGRAPHIC AND CUSTOMER INFORMATION The Company follows ASC 280 - Segment Reporting in determining its reportable segments. The Company considered the way its management team, most notably its chief operating decision maker, makes operating decisions and assesses performance and considered which components of the Company’s enterprise have discrete financial information available. As the Company makes decisions using a products and services group focus, its analysis resulted in two reportable segments: T&D Solutions and Critical Power Solutions. The Critical Power Solutions reportable segment is an aggregation of the Company’s Pioneer Critical Power Inc. and Titan Energy Systems Inc. subsidiaries, and also includes sales and expenses directly and indirectly attributable to the Company’s strategic sales group, which group is primarily focused on marketing the Company’s Critical Power Solutions. The T&D Solutions reportable segment is an aggregation of all other Company subsidiaries, together with sales and expenses attributable to the strategic sales group for its T&D Solutions marketing activities. The T&D Solutions segment is involved in the design, manufacture and distribution of electrical transformers and switchgear used primarily by utilities, large industrial and commercial operations to manage their electrical power distribution needs. The Critical Power Solutions segment provides power generation equipment, switchgear, related electrical distribution infrastructure and aftermarket field-services primarily to help customers ensure smooth, uninterrupted power to operations during times of emergency. The following tables present information about segment income and loss (in thousands):
|  | Year Ended December 31, |
|  | 2015 |  | 2014 |
Revenues |  |  |  |  |  |  |
T&D Solutions |  | $ | 84,189 |  | $ | 85,892 |
Critical Power Solutions |  |  | 22,333 |  |  | 6,299 |
Consolidated |  | $ | 106,522 |  | $ | 92,191 |
Depreciation and Amortization |  |  |  |  |  |  |
T&D Solutions |  | $ | 1,565 |  | $ | 1,472 |
Critical Power Solutions |  |  | 1,526 |  |  | 80 |
General Corporate |  |  | 73 |  |  | 49 |
Consolidated |  | $ | 3,164 |  | $ | 1,601 |
Operating Income (Loss) |  |  |  |  |  |  |
T&D Solutions |  | $ | 388 |  | $ | 4,428 |
Critical Power Solutions |  |  | (2,207) |  |  | (311) |
General Corporate |  |  | (3,481) |  |  | (2,367) |
Consolidated |  | $ | (5,300) |  | $ | 1,750 |
The following table presents information which reconciles segment assets to consolidated total assets (in thousands):
|  | December 31, |
|  | 2015 |  | 2014 |
Assets |  |  |  |  |  |  |
T&D Solutions |  | $ | 49,113 |  | $ | 53,430 |
Critical Power Solutions |  |  | 13,841 |  |  | 13,994 |
Corporate assets |  |  | 3,985 |  |  | 5,414 |
Consolidated |  | $ | 66,939 |  | $ | 72,838 |
Corporate assets consist primarily of cash and deferred tax assets. Revenues are attributable to countries based on the location of the Company's customers (in thousands):
|  | Year Ended December 31, |
|  | 2015 |  | 2014 |
Revenues |  |  |  |  |  |  |
Canada |  | $ | 36,740 |  | $ | 45,501 |
United States |  |  | 68,752 |  |  | 46,128 |
Others |  |  | 1,030 |  |  | 562 |
Total |  | $ | 106,522 |  | $ | 92,191 |
The distribution of the Company’s property, plant and equipment by geographic location is approximately as follows (in thousands):
|  | December 31, |
|  | 2015 |  | 2014 |
Property, plant and equipment |  |  |  |  |  |  |
Canada |  | $ | 4,181 |  | $ | 7,591 |
United States |  |  | 1,582 |  |  | 1,192 |
Mexico |  |  | 1,586 |  |  | 2,412 |
Total |  | $ | 7,349 |  | $ | 11,195 |
Sales to one customers accounted for approximately 10% of the Company’s sales in 2015, as compared to two customers of 13% and 10% in 2014.

X
- References No definition available. + Details
Name: | us-gaap_SegmentReportingAbstract
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/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 34 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8981-108599 Reference 2: 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=51669610&loc=d3e9038-108599 Reference 3: 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=51669610&loc=d3e8971-108599 Reference 4: 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=51669610&loc=d3e8595-108599 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=51669610&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 32 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8933-108599 Reference 7: 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=51669610&loc=d3e8844-108599 Reference 8: 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=51669610&loc=d3e8984-108599 Reference 9: 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=51669610&loc=d3e9031-108599 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=51669610&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 10 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8538-108599 Reference 12: 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=51669610&loc=d3e8864-108599 Reference 13: 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=51669610&loc=d3e8924-108599 Reference 14: 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=51669610&loc=d3e8906-108599 + Details
Name: | us-gaap_SegmentReportingDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration