Business Segments

9 Months Ended

Sep. 30, 2012

Business Segments [Abstract]

Business Segments

(NOTE 9) - 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 Segment 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 Units Segment, 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 nine and three month periods ended September 30, 2012 and 2011:

	Nine Months Ended						Three Months Ended
	September 30,						September 30,
	2012			2011			2012			2011
Net sales:
Electronics
Domestic	$	11,090,000		$	13,342,000		$	4,655,000		$	4,544,000
Foreign		1,419,000			739,000			457,000			332,000
Total Electronics		12,509,000			14,081,000			5,112,000			4,876,000
Power Units
Domestic		8,159,000			8,346,000			2,519,000			2,763,000
Foreign		877,000			910,000			243,000			211,000
Total Power Units		9,036,000			9,256,000			2,762,000			2,974,000
Intersegment sales		(10,000	)		(391,000	)		(10,000	)		-
Total	$	21,535,000		$	22,946,000		$	7,864,000		$	7,850,000
(Loss) income before income tax provision:
Electronics	$	(1,143,000	)	$	1,076,000		$	647,000		$	419,000
Power units		1,762,000			2,011,000			402,000			620,000
Intersegment profit		-			(3,000	)		-			11,000
General corporate expenses not allocated		(960,000	)		(854,000	)		(245,000	)		(308,000	)
Interest expense		(101,000	)		(151,000	)		(31,000	)		(45,000	)
Investment and other income, net		102,000			133,000			5,000			28,000
(Loss) income before income tax provision	$	(340,000	)	$	2,212,000		$	778,000		$	725,000