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Note 11 - Segment Data
3 Months Ended
Apr. 03, 2016
Notes to Financial Statements  
Segment Reporting Disclosure [Text Block]
(11)         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 3,
 
 
April 5,
 
 
 
2016
 
 
2015
 
   
(Unaudited)
 
Net revenue from unaffiliated customers:
               
Sypris Technologies
  $ 17,827     $ 28,070  
Sypris Electronics
    9,111       8,939  
    $ 26,938     $ 37,009  
Gross profit (loss):
               
Sypris Technologies
  $ (656 )   $ (4,104 )
Sypris Electronics
    1,383       947  
    $ 727     $ (3,157 )
Operating loss:
               
Sypris Technologies
  $ (2,974 )   $ (9,368 )
Sypris Electronics
    (1,060 )     (1,590 )
General, corporate and other
    (2,350 )     (1,935 )
    $ (6,384 )   $ (12,893 )
 
 
 
April 3,
 
 
December 31,
 
 
 
2016
 
 
2015
 
   
(Unaudited)
       
Total assets:
               
Sypris Technologies
  $ 39,098     $ 38,968  
Sypris Electronics
    24,547       23,845  
General, corporate and other
    9,736       4,079  
    $ 73,381     $ 66,892