XML 31 R20.htm IDEA: XBRL DOCUMENT v3.19.2
Note 13 - Segment Data
3 Months Ended
Mar. 31, 2019
Notes to Financial Statements  
Segment Reporting Disclosure [Text Block]
(
13
)
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
 
   
March 31,
   
April 1,
 
   
2019
   
2018
 
   
(Restated)
       
   
(Unaudited)
 
Net revenue from unaffiliated customers:
               
Sypris Technologies
  $
16,141
    $
14,507
 
Sypris Electronics
   
3,423
     
5,435
 
    $
19,564
    $
19,942
 
Gross profit (loss):
               
Sypris Technologies
  $
2,304
    $
2,107
 
Sypris Electronics
   
(1,444
)    
(76
)
    $
860
    $
2,031
 
Operating income (loss):
               
Sypris Technologies
  $
1,052
    $
305
 
Sypris Electronics
   
(2,310
)    
(755
)
General, corporate and other
   
(1,434
)    
(1,176
)
    $
(2,692
)   $
(1,626
)
Income (loss) before taxes:
               
Sypris Technologies
  $
907
    $
304
 
Sypris Electronics
   
(2,327
)    
(773
)
General, corporate and other
   
(1,540
)    
(1,286
)
    $
(2,960
)   $
(1,755
)
 
   
March 31,
   
December 31,
 
   
2019
   
2018
 
   
(Restated)
(Unaudited)
   
 
 
 
Total assets:
               
Sypris Technologies
  $
34,120
    $
31,312
 
Sypris Electronics
   
23,768
     
19,208
 
General, corporate and other
   
7,688
     
11,048
 
    $
65,576
    $
61,568
 
                 
Total liabilities:
               
Sypris Technologies
  $
23,940
    $
23,644
 
Sypris Electronics
   
19,333
     
15,180
 
General, corporate and other
   
8,876
     
7,910
 
    $
52,149
    $
46,734