XML 46 R18.htm IDEA: XBRL DOCUMENT v2.4.1.9
Note 12 - Segment Data
 3 Months Ended
Apr. 05, 2015
Segment Reporting [Abstract]  
Segment Reporting Disclosure [Text Block]

(12)

Segment Data


The Company is organized into two business groups, Sypris Technologies and Sypris Electronics. These segments are each managed separately because of the distinctions between the products, services, markets, customers, technologies and workforce skills of the segments. Sypris Technologies provides manufacturing services for a variety of customers that outsource forged and finished steel components and subassemblies. Sypris Technologies also manufactures high-pressure closures and other fabricated products. Sypris Electronics provides manufacturing and technical services as an outsourced service provider and manufactures complex data storage systems, trusted solutions for identity management, cryptographic key distribution and cyber analytics. 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

 
   

April 5,

2015

   

March 30,

2014

 
   

(Unaudited)

         
Net revenue from unaffiliated customers:                

Sypris Technologies

  $ 28,070     $ 75,839  

Sypris Electronics

    8,939       8,405  
    $ 37,009     $ 84,244  

Gross profit (loss):

               

Sypris Technologies

  $ (4,104 )   $ 11,154  

Sypris Electronics

    947       (590 )
    $ (3,157 )   $ 10,564  

Operating (loss) income:

               

Sypris Technologies

  $ (9,368 )   $ 8,113  

Sypris Electronics

    (1,590 )     (3,077 )

General, corporate and other

    (1,935 )     (2,615 )
    $ (12,893 )   $ 2,421  

 

 

April 5,

2015

   

December 31,

2014

 
   

(Unaudited)

         
Total assets:                

Sypris Technologies

  $ 78,627     $ 95,108  

Sypris Electronics

    28,553       26,874  

General corporate and other

    1,522       7,699  
    $ 108,702     $ 129,681