Note 13 - Segment Information

3 Months Ended

Mar. 31, 2012

Segment Reporting Disclosure [Text Block]

(13)  SEGMENT INFORMATION

We have three reportable segments, which are also our reporting units: Thermal Products, Mechanical Products and Electrical Products.

The Thermal Products segment includes the operations of Temptronic Corporation, Thermonics (which we acquired in January 2012 as discussed further in Note 3), 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, Thermonics and Sigma Systems product lines. In addition, this segment provides post warranty service and support.

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 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 automotive, consumer electronics, defense/aerospace and telecommunications industries. Intercompany pricing between segments is either a multiple of cost for component parts or list price for finished goods.

	Three Months Ended  March 31,
Net revenues from unaffiliated customers:	2012			2011
Thermal Products	$	6,111		$	5,354
Mechanical Products		2,514			5,030
Electrical Products		2,116			1,346
Intersegment sales		(10	)		(26	)
	$	10,731		$	11,704
Intersegment sales:
Thermal Products	$	-		$	-
Mechanical Products		10			-
Electrical Products		-			26
	$	10		$	26
Earnings (loss) before income tax expense (benefit):
Thermal Products	$	317		$	763
Mechanical Products		(552	)		521
Electrical Products		365			155
Corporate		(202	)		(122	)
	$	(71	)	$	1,317
Net earnings (loss):
Thermal Products	$	235		$	745
Mechanical Products		(345	)		473
Electrical Products		233			150
Corporate		(166	)		(111	)
	$	(43	)	$	1,257
	Mar. 31, 2012			Dec. 31,2011
Identifiable assets:
Thermal Products	$	20,585		$	20,030
Mechanical Products		7,459			8,240
Electrical Products		3,824			2,967
	$	31,868		$	31,237

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  March 31,
	2012		2011
Net revenues from unaffiliated customers:
U.S.	$	4,196	$	4,227
Foreign		6,535		7,477
	$	10,731	$	11,704
	Mar. 31, 2012		Dec. 31,2011
Long-lived assets:
U.S.	$	1,010	$	836
Foreign		226		298
	$	1,236	$	1,134