Segment Information

3 Months Ended

Mar. 31, 2012

Segment Information [Abstract]

Segment Information

(4) SEGMENT INFORMATION

The Company operates in two business segments: (1) Cobra Consumer Electronics ("Cobra") and (2) Performance Products Limited ("PPL"). The Cobra segment is comprised of Cobra Electronics Corporation, Cobra Hong Kong Limited and Cobra Electronics Europe Limited ("CEEL"). The Company has separate sales departments and distribution channels for each segment, which provide segment exclusive product lines to all customers for that segment. Currently, there are no intersegment sales.

The financial information by business segment for the three months ended March 31, 2012 and 2011 follows:

	2012									2011
	COBRA			PPL			TOTAL			COBRA			PPL			TOTAL
	(In Thousands)
Net sales	$	23,050		$	3,368		$	26,418		$	18,709		$	3,730		$	22,439
Cost of sales		16,744			2,086			18,830			13,995			2,608			16,603
Gross profit		6,306			1,282			7,588			4,714			1,122			5,836
Selling, general and administrative expense		6,234			1,193			7,427			5,450			1,208			6,658
Earnings (loss) from operations		72			89			161			(736	)		(86	)		(822	)
Interest expense		(253	)		—			(253	)		(268	)		—			(268	)
Other income		489			4			493			155			109			264
Earnings (loss) before income taxes		308			93			401			(849	)		23			(826	)
Tax provision (benefit)		98			(36	)		62			62			(69	)		(7	)
Net earnings (loss)	$	210		$	129		$	339		$	(911	)	$	92		$	(819	)

There have been no differences in the basis of segmentation or the basis of measurement between the periods presented.