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Segment Information
 12 Months Ended
Dec. 31, 2011
Segment Information [Abstract]  
Segment Information
(24) Segment Information

The Company is organized into two business groups, the Industrial Group and the Electronics Group. The segments are each managed separately because of the distinctions between the products, services, markets, customers, technologies, and workforce skills of the segments. The Industrial Group provides manufacturing services for a variety of customers that outsource forged and finished steel components and subassemblies. The Industrial Group also manufactures high-pressure closures and other fabricated products. The Electronics Group provides manufacturing and technical services as an outsourced service provider and manufactures complex data storage systems. Revenue derived from outsourced services for the Industrial Group accounted for 77% and 67% of total net revenue in 2011 and 2010, respectively. Revenue derived from outsourced services for the Electronics Group accounted for 7% and 16% of total net revenue in 2011 and 2010, respectively. There was no intersegment net revenue recognized for any year presented.

The following table presents financial information for the reportable segments of the Company (in thousands):

 

     Years ended
December 31,		  
     2011      2010  

Net revenue from unaffiliated customers:

      

Industrial Group

    $ 273,305       $ 191,154   

Electronics Group

      62,320         75,500   
  

 

 

     

 

 

  
   $ 335,625       $ 266,654   
  

 

 

     

 

 

  

Gross profit:

      

Industrial Group

    $ 27,343       $ 9,002   

Electronics Group

      7,886         15,893   
  

 

 

     

 

 

  
   $ 35,229       $ 24,895   
  

 

 

     

 

 

  

Restructuring expense, net:

      

Industrial Group

    $ 231       $ 964   

Electronics Group

      —           1,332   
  

 

 

     

 

 

  
   $ 231       $ 2,296   
  

 

 

     

 

 

  

Operating income (loss):

     

Industrial Group

    $ 20,599      $ (1,083 ) 

Electronics Group

      (5,785 )      1,965   

General, corporate and other

      (8,630 )      (8,295 ) 
  

 

 

    

 

 

  
   $ 6,184      $ (7,413 ) 
  

 

 

    

 

 

  

Depreciation and amortization:

     

Industrial Group

    $ 12,191      $ 12,477   

Electronics Group

      1,856        2,048   

General, corporate and other

      169        199   
  

 

 

    

 

 

  
   $ 14,216      $ 14,724   
  

 

 

    

 

 

  

Capital expenditures:

     

Industrial Group

    $ 5,319      $ 1,255   

Electronics Group

      1,382        978   

General, corporate and other

      147        —     
  

 

 

    

 

 

  
   $ 6,848      $ 2,233   
  

 

 

    

 

 

  

 

(115,257 (115,257
     December 31,  
     2011      2010  

Total assets:

      

Industrial Group

    $ 128,386       $ 127,432   

Electronics Group

      32,277         42,910   

General, corporate and other

      15,062         9,350   
  

 

 

     

 

 

  
   $ 175,725       $ 179,692   
  

 

 

     

 

 

  

Total liabilities:

      

Industrial Group

    $ 90,669       $ 78,056   

Electronics Group

      8,336         13,036   

General, corporate and other

      16,252         28,802   
  

 

 

     

 

 

  
   $ 115,257       $ 119,894   
  

 

 

     

 

 

  

The Company's export sales from the U.S. totaled $37,914,000 and $28,488,000 in 2011 and 2010, respectively. Approximately $99,074,000 and $63,805,000 of net revenue in 2011 and 2010, respectively, and $17,527,000 and $21,298,000 of long lived assets at December 31, 2011 and 2010, respectively, and net assets of $16,697,000 and $28,874,000 at December 31, 2011 and 2010 relate to the Company's international operations.