Segment Information

6 Months Ended

Jul. 02, 2011

Segment Information [Abstract]

Segment Information

NOTE D - Segment Information

The Company has two reportable business segments: Cross Accessory Division ("CAD") and Cross Optical Group ("COG").  The Company evaluates segment performance based upon operating profit or loss.  Following is the segment information for the Company:

(THOUSANDS OF DOLLARS)	THREE MONTHS ENDED		SIX MONTHS ENDED
	JULY 2, 2011	JULY 3, 2010	JULY 2, 2011		JULY 3, 2010
Revenues from External Customers:
CAD	$23,046	$21,383	$45,886		$42,099
COG	24,722	20,365	41,664		34,022
Total	$47,768	$41,748	$87,550		$76,121
Depreciation and Amortization:
CAD	$1,229	$1,305	$2,373		$2,599
COG	374	401	679		785
Total	$1,603	$1,706	$3,052		$3,384
Operating Income (Loss):
CAD	$(547)	$(609)	$(870)		$(1,200)
COG	5,389	4,530	7,765		5,647
Total	$4,842	$3,921	$6,895		$4,447
Total Interest and Other Expense:	$(163)	$(139)	$(353)		$(416)
Total Income Before Income Taxes:	$4,679	$3,782	$6,542		$4,031
Expenditure for Long-Lived Assets:
CAD	$779	$1,449	$1,144		$2,468
COG	326	437	798		639
Total	$1,105	$1,886	$1,942		$3,107
			JULY 2, 2011	JANUARY 1, 2011
Segment Assets:
CAD			$92,070		$96,472
COG			57,530		48,154
		Total	$149,600		$144,626
Goodwill:
CAD			$-		$-
COG			15,279		15,279
		Total	$15,279		$15,279