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BUSINESS SEGMENT AND GEOGRAPHIC INFORMATION
 6 Months Ended
Jun. 30, 2018
Segment Reporting [Abstract]  
BUSINESS SEGMENT AND GEOGRAPHIC INFORMATION

14.  BUSINESS SEGMENT AND GEOGRAPHIC 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 manufactured products vs. distributed products and services group focus, its analysis resulted in two reportable segments: T&D Solutions and Critical Power. The Critical Power reportable segment is the Company’s Titan Energy Systems Inc. business unit. The T&D Solutions reportable segment is an aggregation of our transformer business units.

 

The T&D Solutions segment is involved in the design, manufacture and distribution of electrical transformers used primarily by utilities, large industrial and commercial operations to manage their electrical power distribution needs. The Critical Power segment provides power generation equipment, 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:

 

    Three Months Ended June 30,     Six Months Ended June 30,  
    2018     2017     2018     2017  
Revenues                        
T&D Solutions                                
Transformers   $ 21,599     $ 23,367     $ 42,531     $ 44,650  
      21,599       23,367       42,531       44,650  
Critical Power Solutions                                
Equipment     402       1,651       784       3,229  
Service     2,592       2,266       4,753       4,461  
      2,994       3,917       5,537       7,690  
Consolidated   $ 24,593     $ 27,284     $ 48,068     $ 52,340  

 

    Three Months Ended June 30,     Six Months Ended June 30,  
    2018     2017     2018     2017  
Depreciation and Amortization                                
T&D Solutions   $ 323     $ 345     $ 667     $ 681  
Critical Power Solutions     374       423       753       822  
Unallocated Corporate Overhead Expenses     16       18       32       37  
Consolidated   $ 713     $ 786     $ 1,452     $ 1,540  

 

    Three Months Ended June 30,     Six Months Ended June 30,  
    2018     2017     2018     2017  
Operating Income                                
T&D Solutions   $ 1,696     $ 2,886     $ 3,144     $ 4,935  
Critical Power Solutions     (234 )     (239 )     (673 )     (334 )
Unallocated Corporate Overhead Expenses     (605 )     (799 )     (1,459 )     (1,622 )
Consolidated   $ 857     $ 1,848     $ 1,012     $ 2,979  

 

Revenues are attributable to countries based on the location of the Company’s customers:

 

    Three Months Ended June 30,     Six Months Ended June 30,  
    2018     2017     2018     2017  
Revenues                        
United States   $ 16,141     $ 16,792     $ 32,126     $ 33,167  
Canada     8,452       10,492       15,942       19,173  
Total   $ 24,593     $ 27,284     $ 48,068     $ 52,340