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Note 14 - Segment Data
9 Months Ended
Oct. 01, 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 manufactur
es 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 the CSS product lines (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
   
Nine
Months Ended
 
   
October 1
,
   
October 2
,
   
October 1
,
   
October 2
,
 
   
201
7
   
201
6
   
201
7
   
201
6
 
   
(Unaudited)
   
(Unaudited)
 
Net revenue from unaffiliated customers:
                               
Sypris Technologies
  $
13,547
    $
14,796
    $
40,366
    $
47,392
 
Sypris Electronics
   
7,824
     
6,588
     
20,439
     
24,434
 
    $
21,371
    $
21,384
    $
60,805
    $
71,826
 
Gross profit (loss)
:
                               
Sypris Technologies
  $
(661
)
  $
(363
)
  $
(1,158
)
  $
(1,279
)
Sypris Electronics
   
1,315
     
(196
)
   
2,712
     
2,196
 
    $
654
    $
(559
)
  $
1,554
    $
917
 
Operating
(loss) income:
                               
Sypris Technologies
  $
(2,264
)
  $
(2,099
)
  $
(7,672
)
  $
(7,123
)
Sypris Electronics
   
493
     
(1,996
)
   
671
     
(3,965
)
General, corporate and other
   
(1,084
)
   
(1,938
)
   
(3,877
)
   
(5,976
)
    $
(2,855
)
  $
(6,033
)
  $
(10,878
)
  $
(17,064
)
(
Loss) income before taxes:
                               
Sypris Technologies
  $
(2,357
)
  $
(1,828
)
  $
(5,942
)
  $
(4,382
)
Sypris Electronics
   
493
     
29,244
     
674
     
27,275
 
General, corporate and other
   
(1,214
)
   
(6,203
)
   
(4,250
)
   
(11,980
)
    $
(3,078
)
  $
21,213
    $
(9,518
)
  $
10,913
 
 
   
October 1
,
   
December 31
,
 
   
201
7
   
201
6
 
   
(Unaudited
)
   
 
 
 
Total assets
:
               
Sypris Technologie
s
  $
35,542
    $
32,110
 
Sypris Electronic
s
   
18,014
     
12,881
 
General, corporate and othe
r
   
10,054
     
17,646
 
    $
63,610
    $
62,637
 
Total liabilities
:
               
Sypris Technologie
s
  $
28,360
    $
24,466
 
Sypris Electronic
s
   
9,058
     
3,542
 
General, corporate and othe
r
   
8,109
     
8,531
 
    $
45,527
    $
36,539