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Note 12 - Segment Data
 6 Months Ended
Jun. 29, 2014
Segment Reporting [Abstract]  
Segment Reporting Disclosure [Text Block]

(12)

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 to and manufactures complex data storage systems for customers in the market for aerospace and defense electronics. 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

 
   

June 29,

   

June 30,

   

June 29,

   

June 30,

 
   

2014

   

2013

   

2014

   

2013

 
   

(Unaudited)

   

(Unaudited)

 

Net revenue from unaffiliated customers:

                               

Industrial Group

  $ 83,710     $ 74,432     $ 159,549     $ 145,581  

Electronics Group

    9,403       7,734       17,808       14,996  
    $ 93,113     $ 82,166     $ 177,357     $ 160,577  

Gross profit (loss):

                               

Industrial Group

  $ 11,383     $ 8,858     $ 22,537     $ 16,968  

Electronics Group

    (556

)

    (522

)

    (1,146

)

    (556

)

    $ 10,827     $ 8,336     $ 21,391     $ 16,412  

Operating income (loss):

                               

Industrial Group

  $ 7,040     $ 5,976     $ 15,153     $ 11,361  

Electronics Group

    (3,168

)

    (4,444

)

    (6,245

)

    (14,595

)

General, corporate and other

    (2,196

)

    (2,221

)

    (4,811

)

    (4,336

)

    $ 1,676     $ (689

)

  $ 4,097     $ (7,570

)


   

June 29,

   

December 31,

 
   

2014

   

2013

 
   

(Unaudited)

         

Total assets:

               

Industrial Group

  $ 127,746     $ 100,593  

Electronics Group

    31,159       29,689  

General, corporate and other

    10,967       16,001  
    $ 169,872     $ 146,283