Business Segments

3 Months Ended

Mar. 31, 2012

Business Segments [Abstract]

Business Segments

(NOTE 10) - Business Segments:

The Company operates through two business segments, the Electronics Segment (or "Electronics Group") and the Power Units Segment (or "Power Group").  The Electronics Group is comprised of the Orbit Instrument Division and the Company's TDL and ICS subsidiaries. The Orbit Instrument Division and TDL are engaged in the design, manufacture and sale of customized electronic components and subsystems. ICS performs system integration for Gun Weapons Systems and Fire Control Interface as well as logistics support and documentation. The Company's Power Group, through the Company's Behlman Electronics, Inc. subsidiary, is engaged in the design, manufacture and sale of distortion free commercial power units, power conversion devices and electronic devices for measurement and display.

The Company's reportable segments are business units that offer different products.  The reportable segments are each managed separately as they manufacture and distribute distinct products with different production processes.

The following is the Company's business segment information for the three month periods ended March 31, 2012 and 2011:

	Three Months Ended
	March 31,
	2012			2011
Net sales:
Electronics
Domestic	$	2,640,000		$	4,243,000
Foreign		466,000			193,000
Total Electronics		3,106,000			4,436,000
Power Units
Domestic		2,705,000			2,482,000
Foreign		351,000			181,000
Total Power Units		3,056,000			2,663,000
Intersegment Sales		-			(287,000	)
Total	$	6,162,000		$	6,812,000
(Loss) income before income tax provision:
Electronics Group	$	(1,733,000	)	$	458,000
Power Group		646,000			419,000
Intersegment profit		-			(38,000	)
General corporate expenses not allocated		(317,000	)		(280,000	)
Interest expense		(34,000	)		(53,000	)
Investment and other income, net		93,000			34,000
(Loss) income before income tax provision	$	(1,345,000	)	$	540,000