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Segment Information
3 Months Ended
Mar. 31, 2018
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. The following table sets forth activity broken down by reportable business segment (in thousands):

 

 

Three Months Ended March 31,

 

 

 

2018

 

 

2017

 

Revenues from Operations

 

 

 

 

 

 

 

 

Electronic components

 

$

5,731

 

 

$

5,392

 

Electronic instruments

 

 

214

 

 

 

232

 

Total consolidated revenues

 

$

5,945

 

 

$

5,624

 

Operating Income from Operations

 

 

 

 

 

 

 

 

Electronic components

 

$

550

 

 

$

326

 

Electronic instruments

 

 

2

 

 

 

36

 

Unallocated corporate expense

 

 

(394

)

 

 

(254

)

Consolidated operating income

 

 

158

 

 

 

108

 

Interest income (expense), net

 

 

12

 

 

 

(6

)

Other income, net

 

 

24

 

 

 

12

 

Total other income

 

 

36

 

 

 

6

 

Income Before Income Taxes

 

$

194

 

 

$

114

 

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