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Segment Data
 3 Months Ended
Mar. 31, 2013
Segment Data [Abstract]  
Segment Data

(10) 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 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. 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  
    March 31,
2013		     April 1,
2012		  
    (Unaudited)  

Net revenue from unaffiliated customers:

                

Industrial Group

   $ 71,149     $ 82,522  

Electronics Group

     7,262       13,941  
   

 

 

    

 

 

  
    $ 78,411     $ 96,463  
   

 

 

    

 

 

  

Gross profit (loss):

                

Industrial Group

   $ 8,110     $ 9,922  

Electronics Group

     (34 )      2,592  
   

 

 

    

 

 

  
    $ 8,076     $ 12,514  
   

 

 

    

 

 

  

Operating income (loss):

                

Industrial Group

   $ 5,385     $ 7,356  

Electronics Group

     (10,151 )      (264 ) 

General, corporate and other

     (2,115 )      (2,589 ) 
   

 

 

    

 

 

  
    $ (6,881 )    $ 4,503  
   

 

 

    

 

 

  

 

                 
    March 31,
2013		     December 31,
2012		  
    (Unaudited)  

Total assets:

                

Industrial Group

   $ 124,271     $ 114,268  

Electronics Group

     30,638       38,852  

General corporate and other

     13,896       7,848  
   

 

 

    

 

 

  
    $ 168,805     $ 160,968