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Segment Data
 9 Months Ended
Sep. 30, 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     Nine Months Ended  
    September 30,
2012		     October 2,
2011		     September 30,
2012		     October 2,
2011		  
    (Unaudited)     (Unaudited)  

Net revenue from unaffiliated customers:

                                

Industrial Group

   $ 65,176     $ 72,647     $ 230,548     $ 201,082  

Electronics Group

     13,587       18,530       43,590       50,963  
   

 

 

    

 

 

    

 

 

    

 

 

  
    $ 78,763     $ 91,177     $ 274,138     $ 252,045  
   

 

 

    

 

 

    

 

 

    

 

 

  

Gross profit:

                                

Industrial Group

   $ 6,574     $ 6,931     $ 25,402     $ 19,143  

Electronics Group

     2,800       3,332       9,709       7,379  
   

 

 

    

 

 

    

 

 

    

 

 

  
    $ 9,374     $ 10,263     $ 35,111     $ 26,522  
   

 

 

    

 

 

    

 

 

    

 

 

  

Operating income (loss):

                                

Industrial Group

   $ 3,801     $ 4,167     $ 17,254     $ 14,816  

Electronics Group

     (947 )      (342 )      (487 )      (2,655 ) 

General, corporate and other

     (2,219 )      (2,271 )      (7,161 )      (6,494 ) 
   

 

 

    

 

 

    

 

 

    

 

 

  
    $ 635     $ 1,554     $ 9,606     $ 5,667  
   

 

 

    

 

 

    

 

 

    

 

 

  

 

                 
    September 30,
2012		     December 31,
2011		  
    (Unaudited)  

Total assets:

                

Industrial Group

   $ 126,184     $ 128,386  

Electronics Group

     37,967       32,277  

General corporate and other

     7,734       15,062  
   

 

 

    

 

 

  
    $ 171,885     $ 175,725