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Segment Data
 6 Months Ended
Jul. 07, 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     Six Months Ended  
    July 1,
2012		     July 3,
2011		     July 1,
2012		     July 3,
2011		  
    (Unaudited)     (Unaudited)  
         

Net revenue from unaffiliated customers:

                                

Industrial Group

   $ 82,850     $ 68,885     $ 165,372     $ 128,435  

Electronics Group

     16,062       16,173       30,003       32,433  
   

 

 

    

 

 

    

 

 

    

 

 

  
    $ 98,912     $ 85,058     $ 195,375     $ 160,868  
   

 

 

    

 

 

    

 

 

    

 

 

  
         

Gross profit:

                                

Industrial Group

   $ 8,906     $ 7,080     $ 18,828     $ 12,212  

Electronics Group

     4,317       1,031       6,909       4,047  
   

 

 

    

 

 

    

 

 

    

 

 

  
    $ 13,223     $ 8,111     $ 25,737     $ 16,259  
   

 

 

    

 

 

    

 

 

    

 

 

  
         

Operating income (loss):

                                

Industrial Group

   $ 6,097     $ 4,634     $ 13,453     $ 10,649  

Electronics Group

     724       (2,421 )      460       (2,313 ) 

General, corporate and other

     (2,353 )      (1,994 )      (4,942 )      (4,223 ) 
   

 

 

    

 

 

    

 

 

    

 

 

  
    $ 4,468     $ 219     $ 8,971     $ 4,113  
   

 

 

    

 

 

    

 

 

    

 

 

  

 

                 
    July 1,
2012		     December 31,
2011		  
    (Unaudited)  
     

Total assets:

                

Industrial Group

   $ 142,197     $ 128,386  

Electronics Group

     43,779       32,277  

General corporate and other

     12,102       15,062  
   

 

 

    

 

 

  
    $ 198,078     $ 175,725