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Segment Data
3 Months Ended
Apr. 01, 2012
Segment Data [Abstract]  
Segment Data
(13) Segment Data

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 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. There was no intersegment net revenue recognized in any of the periods presented.

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

 

                 
     Three Months Ended  
     April 1,
2012
    April 3,
2011
 
     (Unaudited)  

Net revenue from unaffiliated customers:

                

Industrial Group

   $ 82,522      $ 59,550   

Electronics Group

     13,941        16,260   
    

 

 

   

 

 

 
     $ 96,463      $ 75,810   
    

 

 

   

 

 

 

Gross profit:

                

Industrial Group

   $ 9,922      $ 5,132   

Electronics Group

     2,592        3,016   
    

 

 

   

 

 

 
     $ 12,514      $ 8,148   
    

 

 

   

 

 

 

Operating income (loss):

                

Industrial Group

   $ 7,356      $ 6,015   

Electronics Group

     (264     108   

General, corporate and other

     (2,589     (2,229
    

 

 

   

 

 

 
     $ 4,503      $ 3,894   
    

 

 

   

 

 

 
     
     April 1,
2012
    December 31,
2011
 
     (Unaudited)  

Total assets:

                

Industrial Group

   $ 143,557      $ 128,386   

Electronics Group

     40,836        32,277   

General corporate and other

     14,559        15,062   
    

 

 

   

 

 

 
     $ 198,952      $ 175,725