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Note 13 - Segment Data
3 Months Ended
Apr. 01, 2018
Notes to Financial Statements  
Segment Reporting Disclosure [Text Block]
(
1
3
)
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, 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. 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 1,
   
April 2,
 
   
2018
   
2017
 
   
(Unaudited)
 
Net revenue from unaffiliated customers:
               
Sypris Technologies
  $
14,507
    $
12,760
 
Sypris Electronics
   
5,435
     
5,425
 
    $
19,942
    $
18,185
 
                 
Gross profit (loss):
               
Sypris Technologies
  $
2,107
    $
(644
)
Sypris Electronics
   
(76
)    
97
 
    $
2,031
    $
(547
)
                 
Operating income (loss):
               
Sypris Technologies
  $
305
    $
(3,140
)
Sypris Electronics
   
(755
)    
(431
)
General, corporate and other
   
(1,176
)    
(1,406
)
    $
(1,626
)   $
(4,977
)
                 
Income (loss) before taxes:
               
Sypris Technologies
  $
304
    $
(1,358
)
Sypris Electronics
   
(773
)    
(431
)
General, corporate and other
   
(1,286
)    
(1,528
)
    $
(1,755
)   $
(3,317
)
 
   
April 1,
   
December 31,
 
   
2018
   
2017
 
   
(Unaudited)
   
 
 
 
Total assets:
               
Sypris Technologies
  $
31,635
    $
31,725
 
Sypris Electronics
   
18,177
     
17,440
 
General, corporate and other
   
7,911
     
7,990
 
    $
57,723
    $
57,155
 
 
   
April 1,
   
December 31,
 
   
2018
   
2017
 
   
(Unaudited)
   
 
 
 
Total liabilities:
               
Sypris Technologies
  $
25,424
    $
23,854
 
Sypris Electronics
   
8,613
     
8,352
 
General, corporate and other
   
7,830
     
8,019
 
    $
41,867
    $
40,225