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Note 12 - Segment Data
 9 Months Ended
Sep. 28, 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

   

Nine Months Ended

 
   

September 28,

   

September 29,

   

September 28,

   

September 29,

 
   

2014

   

2013

   

2014

   

2013

 
   

(Unaudited)

   

(Unaudited)

 

Net revenue from unaffiliated customers:

                               

Industrial Group

  $ 82,555     $ 66,650     $ 242,104     $ 212,231  

Electronics Group

    7,649       9,628       25,457       24,624  
    $ 90,204     $ 76,278     $ 267,561     $ 236,855  

Gross profit (loss):

                               

Industrial Group

  $ 9,299     $ 7,417     $ 31,836     $ 24,385  

Electronics Group

    (1,090

)

    (156

)

    (2,236

)

    (712

)

    $ 8,209     $ 7,261     $ 29,600     $ 23,673  

Operating income (loss):

                               

Industrial Group

  $ 5,373     $ 4,628     $ 20,526     $ 15,989  

Electronics Group

    (3,645

)

    (3,521

)

    (9,890

)

    (18,116

)

General, corporate and other

    (1,908

)

    (2,082

)

    (6,719

)

    (6,418

)

    $ (180

)

  $ (975

)

  $ 3,917     $ (8,545

)


   

September 28,

   

December 31,

 
   

2014

   

2013

 
   

(Unaudited)

         

Total assets:

               

Industrial Group

  $ 119,396     $ 100,593  

Electronics Group

    30,509       29,689  

General, corporate and other

    17,932       16,001  
    $ 167,837     $ 146,283