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Note 13 - Segment Data
9 Months Ended
Oct. 04, 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
 
 
Nine
Months Ended
 
 
 
October 4
,
 
 
September 28
,
 
 
October 4
,
 
 
September 28
,
 
 
 
201
5
 
 
201
4
 
 
201
5
 
 
201
4
 
 
 
(Unaudited)
 
 
(Unaudited)
 
Net revenue from unaffiliated customers:
                               
Sypris Technologies
  $ 27,824     $ 82,555     $ 87,904     $ 242,104  
Sypris Electronics
    10,613       7,649       28,298       25,457  
    $ 38,437     $ 90,204     $ 116,202     $ 267,561  
                                 
Gross profit (loss):
                               
Sypris Technologies
  $ 1,973     $ 9,299     $ (1,550
)
  $ 31,836  
Sypris Electronics
    495       (1,090
)
    827
 
    (2,236
)
    $ 2,468     $ 8,209     $ (723
)
  $ 29,600  
 
 
 
 
Three Months Ended
 
 
Nine
Months Ended
 
 
 
October 4
,
 
 
September 28
,
 
 
October 4
,
 
 
September 28
,
 
 
 
201
5
 
 
201
4
 
 
201
5
 
 
201
4
 
 
 
(Unaudited)
 
 
(Unaudited)
 
Operating (loss) income:
                               
Sypris Technologies
  $ (609
)
  $ 5,373     $ (12,347
)
  $ 20,526  
Sypris Electronics
    (1,515
)
    (3,645
)
    (6,216
)
    (9,890
)
General, corporate and other
    (1,953
)
    (1,908
)
    (6,244
)
    (6,719
)
    $ (4,077
)
  $ (180
)
  $ (24,807
)
  $ 3,917  
 
 
 
October 4
,
 
 
December 31,
 
 
 
201
5
 
 
201
4
 
 
 
(Unaudited)
 
 
 
 
 
Total assets:
               
Sypris Technologies
  $ 45,184     $ 95,108  
Sypris Electronics
    25,084       26,874  
General, corporate and other
    2,406       7,699  
    $ 72,674     $ 129,681