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Note 14 - Segment Data
3 Months Ended
Apr. 02, 2017
Notes to Financial Statements  
Segment Reporting Disclosure [Text Block]
(1
4
)         Segment Data
 
The Company is organized into
two
business segments, Sypris Technologies and Sypris Electronics. The segments are each managed separately because of the distinctions between the products, markets, customers, technologies and workforce skills of the segments. Sypris Technologies manufactures forged and finished steel components and subassemblies and also manufactures high-pressure closures and other fabricated products. Sypris Electronics is focused on circuit card and full “box build” manufacturing, high reliability manufacturing, systems assembly and integration, design for manufacturability and design to specification work. Additionally, prior to
August
16,
2016,
Sypris Electronics provided trusted solutions for identity management, cryptographic key distribution and cyber analytics along with manufacturing of complex data storage systems (see Note
6).
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 2,
 
 
April 3,
 
 
 
2017
 
 
2016
 
 
 
(Unaudited)
 
Net revenue from unaffiliated customers:
               
Sypris Technologies
  $
12,760
    $
17,827
 
Sypris Electronics
   
5,425
     
9,111
 
    $
18,185
    $
26,938
 
Gross profit (loss):
               
Sypris Technologies
  $
(787
)   $
(656
)
Sypris Electronics
   
97
     
1,383
 
    $
(690
)   $
727
 
Operating loss:
               
Sypris Technologies
  $
(3,296
)   $
(2,974
)
Sypris Electronics
   
(431
)    
(1,060
)
General, corporate and other
   
(1,406
)    
(2,350
)
    $
(5,133
)   $
(6,384
)
Loss before taxes:
               
Sypris Technologies
  $
(1,358
)   $
(839
)
Sypris Electronics
   
(431
)    
(1,060
)
General, corporate and other
   
(1,528
)    
(3,199
)
    $
(3,317
)   $
(5,098
)
   
 
 
April 2,
 
 
December 31,
 
 
 
2017
 
 
2016
 
 
 
(Unaudited)
 
 
 
 
 
Total assets:
               
Sypris Technologies
  $
34,697
    $
32,110
 
Sypris Electronics
   
14,949
     
12,881
 
General, corporate and other
   
19,733
     
17,646
 
    $
69,379
    $
62,637
 
Total liabilities:
               
Sypris Technologies
  $
27,781
    $
24,466
 
Sypris Electronics
   
9,866
     
3,542
 
General, corporate and other
   
7,894
     
8,531
 
    $
45,541
    $
36,539