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Note 13 - Segment Data
6 Months Ended
Jul. 05, 2015
Notes to Financial Statements  
Segment Reporting Disclosure [Text Block]
(
13)
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
 
 
Six Months Ended
 
 
 
Ju
ly
5
,
 
 
June
29
,
 
 
Ju
ly
5
,
 
 
June
29
,
 
 
 
201
5
 
 
201
4
 
 
201
5
 
 
201
4
 
 
 
(Unaudited)
 
 
(Unaudited)
 
Net revenue from unaffiliated customers:
                               
Sypris Technologies
  $ 32,010     $ 83,710     $ 60,080     $ 159,549  
Sypris Electronics
    8,746       9,403       17,685       17,808  
    $ 40,756     $ 93,113     $ 77,765     $ 177,357  
 
Gross profit (loss):
                               
Sypris Technologies
  $ 581     $ 11,383     $ (3,523
)
  $ 22,537  
Sypris Electronics
    (615
)
    (556
)
    332       (1,146
)
    $ (34
)
  $ 10,827     $ (3,191
)
  $ 21,391  
Operating (loss) income:
                               
Sypris Technologies
  $ (2,370
)
  $ 7,040     $ (11,738
)
  $ 15,153  
Sypris Electronics
    (3,111
)
    (3,168
)
    (4,701
)
    (6,245
)
General, corporate and other
    (2,356
)
    (2,196
)
    (4,291
)
    (4,811
)
    $ (7,837
)
  $ 1,676     $ (20,730
)
  $ 4,097  
 
 
 
 
Ju
ly
5
,
 
 
December 31,
 
 
 
201
5
 
 
201
4
 
 
 
(Unaudited)
 
 
 
 
 
Total assets:
               
Sypris Technologies
  $ 58,575     $ 95,108  
Sypris Electronics
    27,010       26,874  
General, corporate and other
    2,323       7,699  
    $ 87,908     $ 129,681