Note 12 - Segment Information

9 Months Ended

Sep. 30, 2011

Segment Reporting Disclosure [Text Block]

(12) SEGMENT INFORMATION

We have three reportable segments, which are also our reporting units: Mechanical Products, Thermal Products and Electrical Products. The Mechanical Products segment includes the operations of our Mt. Laurel, New Jersey manufacturing facility. Sales of our Mechanical Products segment consist primarily of manipulator and docking hardware products, which we design, manufacture and market. In addition, this segment provides post warranty service and support for various ATE equipment.

The Thermal Products segment includes the operations of Temptronic Corporation, Sigma Systems Corp., Temptronic GmbH (Germany), and inTEST Pte, Limited (Singapore). Sales of this segment consist primarily of temperature management systems which we design, manufacture and market under our Temptronic and Sigma Systems product lines. In addition, this segment provides post warranty service and support.

The Electrical Products segment includes the operations of inTEST Silicon Valley Corporation. Sales of this segment consist primarily of tester interface products which we design, manufacture and market.

We operate our business worldwide, and all three segments sell their products both domestically and internationally. All three segments sell to semiconductor manufacturers, third-party test and assembly houses and ATE manufacturers. Our Thermal Products segment also sells into a variety of industries outside of the semiconductor industry, including the aerospace, automotive, communications, consumer electronics, defense and medical industries. Intercompany pricing between segments is either a multiple of cost for component parts or list price for finished goods.

	Three Months Ended  Sept. 30,						Nine Months Ended  Sept. 30,
Net revenues from unaffiliated customers:	2011			2010			2011			2010
Mechanical Products	$	3,172		$	3,952		$	13,299		$	16,486
Thermal Products		7,572			4,830			19,593			13,068
Electrical Products		941			2,552			4,327			6,590
Intersegment sales		(4	)		(29	)		(34	)		(50	)
	$	11,681		$	11,305		$	37,185		$	36,094
Intersegment sales:
Mechanical Products	$	3		$	5		$	7		$	9
Thermal Products		-			-			-			-
Electrical Products		1			24			27			41
	$	4		$	29		$	34		$	50
Earnings (loss) before income taxes:
Mechanical Products	$	218		$	277		$	1,330		$	3,191
Thermal Products		2,346			624			4,939			1,123
Electrical Products		(65	)		791			615			1,916
Corporate		(79	)		2			(414	)		(255	)
	$	2,420		$	1,694		$	6,470		$	5,975
Net earnings (loss):
Mechanical Products	$	1,540		$	263		$	2,567		$	3,169
Thermal Products		3,203			623			5,737			1,129
Electrical Products		508			791			1,168			1,916
Corporate		(69	)		1			(378	)		(256	)
	$	5,182		$	1,678		$	9,094		$	5,958
Identifiable assets:							Sept. 30, 2011			Dec. 31, 2010
Mechanical Products							$	9,783		$	7,617
Thermal Products								18,090			11,315
Electrical Products								3,354			2,476
							$	31,227		$	21,408

The following table provides information about our geographic areas of operation. Net revenues from unaffiliated customers are based on the location to which the goods are shipped.

	Three Months Ended  Sept. 30,				Nine Months Ended  Sept. 30,
Net revenues from unaffiliated customers:	2011		2010		2011		2010
U.S.	$	4,797	$	4,595	$	13,820	$	12,807
Foreign		6,884		6,710		23,365		23,287
	$	11,681	$	11,305	$	37,185	$	36,094
					Sept. 30, 2011		Dec. 31, 2010
Long-lived assets:
U.S.					$	813	$	359
Foreign						285		359
					$	1,098	$	718