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Segment Information
6 Months Ended
Jun. 30, 2017
Segment Reporting [Abstract]  
Segment Information

J.

Segment Information

The Company has two reportable business segments from operations: electronic components, which includes all products manufactured and sold by MtronPTI, and electronic instruments, which includes all products manufactured and sold by PTF. The Company's foreign operations in Hong Kong and India exist under MtronPTI.

 

Operating income (loss) is equal to revenues less cost of sales and operating expenses, excluding investment income, interest expense, and income taxes.

 

 

Three Months Ended June 30,

 

 

Six Months Ended June 30,

 

 

 

2017

 

 

2016

 

 

2017

 

 

2016

 

 

 

(in thousands)

 

 

(in thousands)

 

Revenues from Operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Electronic components

 

$

5,626

 

 

$

5,231

 

 

$

11,018

 

 

$

9,987

 

Electronic instruments

 

 

233

 

 

 

 

 

 

465

 

 

 

 

Total consolidated revenues

 

$

5,859

 

 

 

5,231

 

 

$

11,483

 

 

 

9,987

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Operating Income (Loss) from Operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Electronic components

 

$

391

 

 

$

252

 

 

$

807

 

 

$

338

 

Electronic instruments

 

 

11

 

 

 

 

 

 

47

 

 

 

 

Unallocated corporate expense

 

 

(358

)

 

 

(226

)

 

 

(702

)

 

 

(474

)

Consolidated total operating income (loss)

 

 

44

 

 

 

26

 

 

 

152

 

 

 

(136

)

Interest expense, net

 

 

(5

)

 

 

(7

)

 

 

(11

)

 

 

(13

)

Other income (expense), net

 

 

6

 

 

 

(4

)

 

 

18

 

 

 

38

 

Total other income (expense)

 

 

1

 

 

 

(11

)

 

 

7

 

 

 

25

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Income (Loss) Before Income Taxes

 

$

45

 

 

$

15

 

 

$

159

 

 

$

(111

)