SEGMENT INFORMATION

9 Months Ended

Sep. 30, 2016

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, 2016
	MMS			ATA		Inter-Segment Eliminations			Total
Sales	$	52,089		$	15,270	$	(148	)	$	67,211
Depreciation and amortization	1,433			498		—			1,931
Segment income (loss)	(984		)	1,847					863
Capital expenditures	433			118					551

	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

	Nine Months Ended September 30, 2016
	MMS			ATA		Inter-Segment Eliminations			Total
Sales	$	158,718		$	46,773	$	(273	)	$	205,218
Depreciation and amortization	4,353			1,562					5,915
Segment income (loss)	(1,864		)	5,342					3,478
Capital expenditures	1,119			424					1,543
Segment assets(1)	226,618			48,341					274,959

	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

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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 to consolidated income (loss) before income taxes for the three and nine months ended September 30, 2016 and 2015 are as follows (in thousands):

	Three Months Ended   September 30,						Nine Months Ended   September 30,
	2016			2015			2016			2015
Segment income	$	863		$	1,978		$	3,478		$	5,866
Unallocated corporate expense	(1,503		)	(1,222		)	(5,061		)	(4,144		)
Interest expense, net	(86		)	(121		)	(235		)	(392		)
(Loss) income before income taxes	$	(726	)	$	635		$	(1,818	)	$	1,330

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

	September 30, 2016		December 31, 2015
Total segment assets	$	274,959	$	274,334
Unallocated assets	27,890		36,801
Total assets	$	302,849	$	311,135

Unallocated assets include cash of $22.9 million and $32.8 million at September 30, 2016 and December 31, 2015, respectively.