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Segment Information
3 Months Ended
Mar. 31, 2019
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,

 

 

 

2019

 

 

2018

 

Revenues from Operations

 

 

 

 

 

 

 

 

Electronic components

 

$

6,331

 

 

$

5,731

 

Electronic instruments

 

 

301

 

 

 

214

 

Total consolidated revenues

 

$

6,632

 

 

$

5,945

 

Operating Income

 

 

 

 

 

 

 

 

Electronic components

 

$

558

 

 

$

550

 

Electronic instruments

 

 

93

 

 

 

2

 

Unallocated corporate expense

 

 

(217

)

 

 

(394

)

Total operating income

 

 

434

 

 

 

158

 

Interest income, net

 

 

1

 

 

 

12

 

Other income, net

 

 

153

 

 

 

24

 

Total other income

 

 

154

 

 

 

36

 

Income Before Income Taxes

 

$

588

 

 

$

194

 

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