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Note 20 - Segment Information
 12 Months Ended
Dec. 31, 2013
Segment Reporting [Abstract]  
Segment Reporting Disclosure [Text Block]

(20)    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 82% and 78% of total net revenue in 2013 and 2012, respectively. Revenue derived from outsourced services for the Electronics Group accounted for 7% and 6% of total net revenue in 2013 and 2012, 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):


    Year ended December 31,  
   

2013

    2012  

Net revenue from unaffiliated customers:

               

Industrial Group

  $ 276,136     $ 286,046  

Electronics Group

    34,578       55,558  
    $ 310,714     $ 341,604  

Gross profit (loss):

               

Industrial Group

  $ 31,638     $ 30,981  

Electronics Group

    (1,585 )     12,768  
    $ 30,053     $ 43,749  

Operating income (loss):

               

Industrial Group

  $ 20,021     $ 20,270  

Electronics Group

    (21,851 )     (2,668 )

General, corporate and other

    (8,558 )     (8,555 )
    $ (10,388 )   $ 9,047  

Income (loss) from continuing operations before income taxes:

               

Industrial Group

  $ 20,985     $ 24,237  

Electronics Group

    (21,858 )     (2,673 )

General, corporate and other

    (9,107 )     (9,049 )
    $ (9,980 )   $ 12,515  

Depreciation and amortization:

               

Industrial Group

  $ 11,261     $ 10,831  

Electronics Group

    999       1,252  

General, corporate and other

    141       168  
    $ 12,401     $ 12,251  

Capital expenditures:

               

Industrial Group

  $ 4,547     $ 5,839  

Electronics Group

    444       1,139  

General, corporate and other

    62       104  
    $ 5,053     $ 7,082  

    December 31,  
    2013     2012  

Total assets:

               

Industrial Group

  $ 100,593     $ 114,268  

Electronics Group

    29,689       38,852  

General, corporate and other

    16,001       7,848  
    $ 146,283     $ 160,968  

Total liabilities:

               

Industrial Group

  $ 54,232     $ 66,679  

Electronics Group

    9,216       11,063  

General, corporate and other

    26,583       20,293  
    $ 90,031     $ 98,035  

The Company’s export sales from the U.S. totaled $45,163,000 and $53,019,000 in 2013 and 2012, respectively. Approximately $95,392,000 and $100,003,000 of net revenue in 2013 and 2012, respectively, and $16,656,000 and $18,214,000 of long lived assets at December 31, 2013 and 2012, respectively, and net assets of $20,779,000 and $26,495,000 at December 31, 2013 and 2012 relate to the Company’s international operations.