Business Segments

9 Months Ended

Sep. 30, 2013

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, 2013 and 2012:

	Nine Months Ended						Three Months Ended
	September 30,						September 30,
	2013			2012			2013			2012
Net sales:
Electronics
Domestic	$	8,979,000		$	11,090,000		$	2,970,000		$	4,655,000
Foreign		783,000			1,419,000			288,000			457,000
Total Electronics		9,762,000			12,509,000			3,258,000			5,112,000
Power Units
Domestic		8,676,000			8,159,000			2,769,000			2,519,000
Foreign		613,000			877,000			82,000			243,000
Total Power Units		9,289,000			9,036,000			2,851,000			2,762,000
Intersegment sales		(20,000	)-		(10,000	)		-			(10,000	))
Total	$	19,031,000		$	21,535,000		$	6,109,000		$	7,864,000
(Loss) income before income tax provision (benefit):
Electronics	$	(606,000	)	$	(1,143,000	)	$	(26,000	)	$	647,000
Power Units		1,708,000			1,762,000			417,000			402,000
General corporate expenses not allocated		(867,000	)		(960,000	)		(258,000	)		(245,000	)
Interest expense		(46,000	)		(101,000	)		(14,000	)		(31,000	)
Investment and other income, net		11,000			102,000			6,000			5,000
Income (loss) before income tax provision (benefit)	$	200,000		$	(340,000	)	$	125,000		$	778,000