XML 47 R19.htm IDEA: XBRL DOCUMENT v2.4.0.6
Segment Information
12 Months Ended
Dec. 31, 2012
Segment Reporting [Abstract]  
Segment Information
L.            Segment Information
The Company has one reportable business segment from operations:  frequency control devices (quartz crystals and oscillators) that represent products manufactured and sold by MtronPTI.  The Company's foreign operations in Hong Kong, India and China exist under MtronPTI.
Operating income (loss) is equal to revenues less costs of sales, operating expenses, excluding investment income, interest expense, and income taxes.  Identifiable assets of each segment are the assets used by the segment in its operations excluding general corporate assets.  General corporate assets are principally cash and cash equivalents, short-term investments and certain other investments and receivables.
 
Years Ended December 31,
 
 
2012
 
 
2011
 
 
(in thousands)
 
Revenues from Operations
 
 
 
 
Frequency control devices – USA                                                                                                                              
 
$
15,087
 
 
$
15,645
 
Frequency control devices – Foreign                                                                                                                              
 
 
14,619
 
 
 
20,037
 
Total consolidated revenues                                                                                                                              
 
$
29,706
 
 
$
35,682
 
 
 
 
 
 
 
 
 
Operating (Loss) Income from Operations
 
 
 
 
 
 
 
 
Frequency control devices                                                                                                                              
 
$
(345
)
 
$
2,558
 
Unallocated corporate expense                                                                                                                              
 
 
(1,437
)
 
 
(1,884
)
Consolidated total operating (loss) income
 
 
(1,782
)
 
 
674
 
Interest expense, net                                                                                                                              
 
 
(89
)
 
 
(109
)
Other income, net                                                                                                                              
 
 
27
 
 
 
2
 
Other loss                                                                                                                              
 
 
(62
)
 
 
(107
)
 
 
 
 
 
 
 
 
(Loss) Income Before Income Taxes                                                                                                                              
 
$
(1,844
)
 
$
567
 
 
 
 
 
 
 
 
 
Capital Expenditures
 
 
 
 
 
 
 
 
Frequency control devices                                                                                                                              
 
 
505
 
 
 
1,211
 
General corporate                                                                                                                              
 
 
401
 
 
 
483
 
Total capital expenditures                                                                                                                              
 
$
906
 
 
$
1,694
 
 
 
 
 
 
 
 
 
Total Assets
 
 
 
 
 
 
 
 
Frequency control devices                                                                                                                              
 
$
19,493
 
 
$
16,276
 
General corporate                                                                                                                              
 
 
10,100
 
 
 
15,808
 
Total assets from discontinued operations and Lynch Systems' remaining assets
 
 
 
 
 
337
 
Consolidated total assets                                                                                                                              
 
$
29,593
 
 
$
32,421