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Note 11 - Segment Reporting
 6 Months Ended
Jun. 30, 2018
Notes to Financial Statements  
Segment Reporting Disclosure [Text Block]
NOTE
11:
     SEGMENT REPORTING
 
The Company operates through
three
(
3
) segments, CVD Equipment Corporation (“CVD”), Stainless Design Concepts (“SDC”) and CVD Materials Corporation (“Materials”). The CVD segment is utilized for chemical vapor deposition equipment manufacturing. SDC is the Company’s ultra-high purity manufacturing division in Saugerties, New York for gas control systems. Materials is our new segment based on recent acquisitions, for providing materials coatings for aerospace, medical, electronic and other applications. The Company evaluates performance based on several factors, of which the primary financial measure is income or (loss) before taxes.
 
The Company’s corporate administration activities are reported in the Corporate column. These activities primarily include expenses related to certain corporate officers and support staff, expenses related to the Company’s Board of Directors, stock option expenses for shares granted to corporate administration employees, certain consulting expenses, investor and shareholder relations activities, interest on mortgages and a portion of the Company’s legal, auditing and professional fee expenses.
 
Three Months Ended
June 30,
(In thousands)
 
2018
                                                
   
CVD
    
SDC
    
Materials
    
Corporate
    
Eliminations *
    
Consolidated
  
Assets
   $
35,841
     $
3,481
     $
17,481
     $
1,552
      
 
     $
58,356
  
                                                 
Revenue
    
5,635
      
844
      
358
      
 
      
(402
 )    
6,435
  
Operating income/(loss)
    
145
      
(243
 )    
(627
 )    
(655
 )    
 
      
(1,380
 )
Pretax income/(loss)
    
145
      
(243
 )    
(627
 )    
(745
 )    
(643
 )    
(1,470
 )
                                                 
2017
                                                
Assets
   $
38,216
     $
5,540
     $
837
     $
1,952
      
 
     $
46,545
  
                                                 
Revenue
    
9,404
      
1,780
      
 
      
 
      
(354
 )    
10,830
  
Operating income/(loss)
    
1,753
      
588
      
 
      
(510
 )    
 
      
1,831
  
Pretax tax income/(loss)
    
1,753
      
588
      
 
      
(510
 )    
 
      
1,831
  
 
Six Months Ended
June 30,
(In thousands)
 
2018
                                                
   
CVD
    
SDC
    
Materials
    
Corporate
    
Eliminations *
    
Consolidated
  
Revenue
   $
12,341
     $
3,104
     $
730
      
 
      
(586
 )   $
15,589
  
Operating income/(loss)
    
1,482
      
488
      
(1,140
 )    
(1,299
 )    
 
      
(469
 )
Pretax (loss)
  
 
1,482
      
488
      
(1,140
 )    
(1,493
 )    
(1,299
 )    
(663
 )
                                                 
2017
                                                
Revenue
   $
18,077
     $
3,812
      
 
      
 
      
(1,408
 )   $
20,481
  
Operating income/(loss)
    
3,409
      
1,190
      
 
      
1,050
      
 
      
3,548
  
Pretax tax income/(loss)
    
3,409
      
1,190
      
 
      
(1,058
 )    
 
      
3,540
  
 
*All elimination entries represent intersegment revenues eliminated in consolidation for external financial reporting.