SEGMENT INFORMATION

9 Months Ended

Sep. 30, 2015

Segment Reporting [Abstract]

SEGMENT INFORMATION

SEGMENT INFORMATION

Segment income (loss) is measured for internal reporting purposes by excluding corporate expenses, impairment charges, interest income, interest expense, and income taxes. Corporate expenses consist primarily of executive employment costs, certain professional fees, and costs associated with the Company’s global headquarters. Financial results for each reportable segment are as follows (in thousands):

	Three Months Ended September 30, 2015
	MMS		ATA		Inter-Segment Eliminations			Total
Sales	$	60,856	$	16,005	$	(56	)	$	76,805
Depreciation and amortization	1,643		553					2,196
Segment income	895		1,083					1,978
Capital expenditures	983		127					1,110

	Three Months Ended September 30, 2014
	MMS			ATA		Inter-Segment Eliminations			Total
Sales	$	52,353		$	16,681	$	(110	)	$	68,924
Depreciation and amortization	1,721			629					2,350
Segment (loss) income	(1,715		)	1,338					(377		)
Capital expenditures	457			249					706

	Nine Months Ended September 30, 2015
	MMS		ATA		Inter-Segment Eliminations			Total
Sales	$	180,042	$	48,904	$	(657	)	$	228,289
Depreciation and amortization	4,881		1,738					6,619
Segment income	1,729		4,137					5,866
Capital expenditures	2,229		874					3,103
Segment assets(1)	239,594		49,566					289,160

	Nine Months Ended September 30, 2014
	MMS			ATA		Inter-Segment Eliminations			Total
Sales	$	167,977		$	50,909	$	(261	)	$	218,625
Depreciation and amortization	5,255			1,916					7,171
Segment (loss) income	(1,021		)	5,072					4,051
Capital expenditures	1,136			694					1,830
Segment assets(1)	248,789			51,657					300,446

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⁽¹⁾  Segment assets primarily consist of restricted cash, accounts receivable, inventories, prepaid and other assets, property, plant and equipment, and intangible assets. Unallocated assets primarily include, cash and cash equivalents, corporate property, plant and equipment, deferred income taxes, and other non-current assets.

A reconciliation of segment income (loss) to consolidated income (loss) from operations before income taxes for the three and nine months ended September 30, 2015 and 2014 are as follows (in thousands):

	Three Months Ended   September 30,						Nine Months Ended   September 30,
	2015			2014			2015			2014
Segment income (loss)	$	1,978		$	(377	)	$	5,866		$	4,051
Unallocated corporate expense	(1,224		)	(1,181		)	(3,995		)	(4,180		)
Interest expense, net	(121		)	(156		)	(392		)	(522		)
Other unallocated income (expense)	2			(5,320		)	(149		)	(5,404		)
Income (loss) from continuing operations before income taxes	$	635		$	(7,034	)	$	1,330		$	(6,055	)

A reconciliation of segment assets to consolidated total assets follows (in thousands):

	September 30, 2015		December 31, 2014
Total segment assets	$	289,160	$	290,816
Unallocated assets	22,915		20,504
Total assets	$	312,075	$	311,320

Unallocated assets include cash of $18.5 million and $16.3 million at September 30, 2015 and December 31, 2014, respectively.