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Segment Information
9 Months Ended
Sep. 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 are subsidiaries of 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

September 30,

 

 

Nine Months Ended

September 30,

 

 

 

2017

 

 

2016

 

 

2017

 

 

2016

 

 

 

(in thousands)

 

 

(in thousands)

 

Revenues from Operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Electronic components

 

$

5,080

 

 

$

5,114

 

 

$

16,097

 

 

$

15,101

 

Electronic instruments

 

 

182

 

 

 

14

 

 

 

648

 

 

 

14

 

Total consolidated revenues

 

$

5,262

 

 

 

5,128

 

 

$

16,745

 

 

 

15,115

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Operating Income (Loss) from Operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Electronic components

 

$

321

 

 

$

279

 

 

$

1,127

 

 

$

617

 

Electronic instruments

 

 

(9

)

 

 

(54

)

 

 

39

 

 

 

(54

)

Unallocated corporate expense

 

 

(311

)

 

 

(253

)

 

 

(1,013

)

 

 

(727

)

Consolidated operating income (loss)

 

 

1

 

 

 

(28

)

 

 

153

 

 

 

(164

)

Interest expense, net

 

 

(6

)

 

 

(7

)

 

 

(17

)

 

 

(20

)

Other income, net

 

 

24

 

 

 

67

 

 

 

42

 

 

 

105

 

Total other income

 

 

18

 

 

 

60

 

 

 

25

 

 

 

85

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Income (Loss) Before Income Taxes

 

$

19

 

 

$

32

 

 

$

178

 

 

$

(79

)