Segment Reporting

6 Months Ended

Jul. 31, 2011

Segment Reporting [Abstract]

SEGMENT REPORTING

NOTE 14 — SEGMENT REPORTING

The Company’s reportable segments, power industry services and telecommunications infrastructure services, are organized in separate business units with different management teams, customers, technologies and services. The business operations of each segment are conducted primarily by the Company’s wholly-owned subsidiaries — GPS and SMC, respectively.

Presented below are summarized operating results and certain financial position data of the Company’s reportable continuing business segments for the three months ended July 31, 2011 and 2010. The “Other” column includes the Company’s corporate and unallocated expenses.

			Telecom
	Power Industry		Infrastructure
Three Months Ended July 31, 2011	Services		Services			Other			Consolidated
Net revenues	$	24,390,000	$	1,952,000		$	—		$	26,342,000
Cost of revenues		20,078,000		1,617,000			—			21,695,000
Gross profit		4,312,000		335,000			—			4,647,000
Selling, general and administrative expenses		1,332,000		339,000			703,000			2,374,000
Income (loss) from operations		2,980,000		(4,000	)		(703,000	)		2,273,000
Investment income		24,000		—			5,000			29,000
Income (loss) from continuing operations before income taxes	$	3,004,000	$	(4,000	)	$	(698,000	)		2,302,000
Income tax expense										782,000
Income from continuing operations									$	1,520,000
Amortization of purchased intangibles	$	87,000	$	—		$	—		$	87,000
Depreciation and other amortization	$	51,000	$	62,000		$	1,000		$	114,000
Fixed asset additions	$	—	$	50,000		$	—		$	50,000
Goodwill	$	18,476,000	$	—		$	—		$	18,476,000
Total assets	$	89,295,000	$	2,798,000		$	53,533,000		$	145,626,000

				Telecom
	Power Industry			Infrastructure
Three Months Ended July 31, 2010	Services			Services			Other			Consolidated
Net revenues	$	50,373,000		$	1,947,000		$	—		$	52,320,000
Cost of revenues		41,902,000			1,638,000			—			43,540,000
Gross profit		8,471,000			309,000			—			8,780,000
Selling, general and administrative expenses		1,320,000			369,000			915,000			2,604,000
Income (loss) from operations		7,151,000			(60,000	)		(915,000	)		6,176,000
Interest expense		(11,000	)		—			—			(11,000	)
Investment income		13,000			—			7,000			20,000
Income (loss) from continuing operations before income taxes	$	7,153,000		$	(60,000	)	$	(908,000	)		6,185,000
Income tax expense											2,228,000
Income from continuing operations										$	3,957,000
Amortization of purchased intangibles	$	88,000		$	—		$	—		$	88,000
Depreciation and other amortization	$	98,000		$	97,000		$	1,000		$	196,000
Fixed asset additions	$	102,000		$	7,000		$	—		$	109,000
Goodwill	$	18,476,000		$	—		$	—		$	18,476,000
Total assets	$	88,319,000		$	2,811,000		$	30,132,000		$	121,262,000

Presented below are summarized operating results data of the Company’s reportable continuing business segments for the six months ended July 31, 2011 and 2010. As above, the “Other” column includes the Company’s corporate and unallocated expenses.

			Telecom
	Power Industry		Infrastructure
Six Months Ended July 31, 2011	Services		Services			Other			Consolidated
Net revenues	$	38,409,000	$	3,926,000		$	—		$	42,335,000
Cost of revenues		30,559,000		3,231,000			—			33,790,000
Gross profit		7,850,000		695,000			—			8,545,000
Selling, general and administrative expenses		2,745,000		736,000			1,652,000			5,133,000
Income (loss) from operations		5,105,000		(41,000	)		(1,652,000	)		3,412,000
Investment income		39,000		—			12,000			51,000
Income (loss) from continuing operations before income taxes	$	5,144,000	$	(41,000	)	$	(1,640,000	)		3,463,000
Income tax expense										1,198,000
Income from continuing operations									$	2,265,000
Amortization of purchased intangibles	$	175,000	$	—		$	—		$	175,000
Depreciation and other amortization	$	100,000	$	129,000		$	2,000		$	231,000
Fixed asset additions	$	—	$	55,000		$	4,000		$	59,000

				Telecom
	Power Industry			Infrastructure
Six Months Ended July 31, 2010	Services			Services			Other			Consolidated
Net revenues	$	101,769,000		$	3,785,000		$	—		$	105,554,000
Cost of revenues		86,569,000			3,431,000			—			90,000,000
Gross profit		15,200,000			354,000			—			15,554,000
Selling, general and administrative expenses		2,765,000			871,000			2,002,000			5,638,000
Income (loss) from operations		12,435,000			(517,000	)		(2,002,000	)		9,916,000
Interest expense		(25,000	)		—			—			(25,000	)
Investment income		22,000			—			10,000			32,000
Income (loss) from continuing operations before income taxes	$	12,432,000		$	(517,000	)	$	(1,992,000	)		9,923,000
Income tax expense											3,611,000
Income from continuing operations										$	6,312,000
Amortization of purchased intangibles	$	175,000		$	—		$	—		$	175,000
Depreciation and other amortization	$	164,000		$	198,000		$	2,000		$	364,000
Fixed asset additions	$	243,000		$	29,000		$	—		$	272,000